20 Geothermal Exploration Areas Approved In Chile (Cross-posted from ThinkGeoenergy)
The Chilean Ministry of Energy has successfully completed the bidding for 20 exploration areas which are located in eight regions of the country, concentrating on the central north.
Courtesy Ministerio de EnergĂa, Chile |
Chile wants to become a leader in geothermal energy and proof of which is the investment registered for geothermal exploration. The commitments made by different companies amount to about US$ 250 million covering an area of one million hectares for studies of potential geothermal reservoirs.
13 companies were submitted to a process that received 70 bids for the different areas of the tender.