Thursday, May 24, 2018

Geothermal Energy News from Around the World

Global Geothermal News - Weekly Update

A Round-up of this week's geothermal energy news.......
Click on the links to view the whole story and other news on Global Geothermal News.

This weekly summary of Global Geothermal News has been made available, once again, to all our friends in the international geothermal energy community. However, if you wish to take advantage of the many other benefits of membership of the Geothermal Resources Council, please join our association.......... - To those of you who are GRC Members - Thank you for your support!

Monday, May 21

Indonesia: World Bank and IFC Support Geothermal Energy Development - The World Bank is supporting the development of a credit facility that will channel $650 million in finance into geothermal exploration drilling, through a combination of IBRD lending, concessional finance, and funding from the Indonesian government.

Tuesday, May 22

USA, Nevada: Permission Sought to Build 62 MW McGinness Hills III Geothermal Power Project - The McGinness Hills III project would include a 62-megawatt electric power plant built next to two existing 48 MW generating stations. Austin is located about 2 hours east of Fallon, off Interstate 80.

USA, Nevada: Private Investor Buys Into Tungsten Mountain Geothermal Power Plant- Ormat Announces Closing of $33.4 Million Partnership Transaction for Tungsten Mountain Geothermal Power Plant.

Germany: International Geothermal Association Releases Manifesto for Change - These improvements will help prepare the geothermal sector for the future and emphasize the IGA’s role in the representation of the Global Geothermal Energy Sector.

Wednesday, May 23

Science & Technology: Algorithms Pick Out Hidden Signals that Could Boost Geothermal Energy Production - Machine learning reveals cyclic changes in seismic source spectra in Geysers geothermal field.

United Kingdom: Funding Approved for Eden Deep Geothermal Energy Project - "If we can find a way to exploit geothermal power successfully, these hot rocks have the potential to provide Cornwall with a rich source of strategic minerals and renewable energy, as well as significant benefits to the local economy from jobs, research and investment.

Thursday, May 24

USA, Hawaii: Lava Wall is Blocking Molten Rock from Flowing North Toward Puna Geothermal Venture - U.S. Geological Survey scientist Wendy Stovall said Wednesday that lava erupting from a vent closest to Puna Geothermal Venture is shooting higher than lava coming out of other vents. She says it's also producing the highest lava wall, which is blocking molten rock from flowing north toward the plant.