Wednesday, August 1, 2012

South America:

Geothermal in South America: Major Prospects for Development (Renewable Energy World.com)

With climate threats and increased energy demand, South American countries are set to develop their vast geothermal potential. Will developers be able to acquire investment and favourable policy? 

Geothermal presents a major opportunity throughout South America, but exploratory drilling has been limited. According to the ESMAP report, the range of geothermal capacity estimates is quite broad. Though expectations may be uncertain, many regions are hopeful that exploration will reveal something more.