Thursday, August 9, 2018

Turkey: Opportunity to Conduct Feasibility Study on Potential for Geothermal District Heating and Cooling Systems

RFP - Turkey- Early Stage Geothermal Support Framework: (PLUTO) - Feasibility Study on the potential for geothermal district heating and cooling systems (EBRD)

Single Stage Open Competitive Selection – Request for Proposals
Closing date: 5 Sep 2018 

The Private Sector Early Stage Geothermal Development Framework (PLUTO), approved by the European Bank for Reconstruction and Development (EBRD) Board of Directors on 9 December 2015, is a framework of USD 125 million will enable geothermal energy developers to explore and begin production of geothermal wells in Turkey with the objective of filling the funding gap currently existing for those sub projects at exploratory stages of geothermal development.

Currently, the Programme provides funding to geothermal power production projects; however, the Bank aims to explore the opportunity to expand the Programme in order to include geothermal district heating applications and plans to prepare a larger financing facility for the cities with geothermal potential in Turkey.

The overall objective of the project is to support Turkey to take action on mitigating air pollution through promotion and utilisation of geothermal energy as a renewable heat source and improvements in access to geothermal district heating. A full independent feasibility study for Turkey’s geothermal district heating potential will address the long-term strategy for the district energy sector (district heating and cooling) in Turkey.

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