Friday, May 25, 2012

Vanuatu:

Vanuatu Government Adopts World Bank Report (4-traders)

World Bank report endorses geothermal development


According to a news release from KUTh Energy Limited, the World Bank report states,  "the Takara geothermal power plant is the ... least-cost base load power supply addition for Efate ... compared to diesel, wind and solar photovoltaics. Development of the Takara geothermal resource should be prioritised above development of other generation technologies."