Wednesday, September 11, 2013

Iceland, Ethiopia:

ICEIDA and Nordic Development Fund (NDF) Start Geothermal Cooperation with Ethiopia (Icelandic International Development Agency)

As a part of the ICEIDA/NDF Geothermal Exploration Project, the Icelandic International Development Agency (ICEIDA) has signed a Partnership Agreement with the Government of Ethiopia for geothermal surface exploration and capacity building for geothermal development.

The implementing agencies in Ethiopia are the Geological Survey of Ethiopia (GSE) and the and Ethiopian Electric Power Corporation (EEPCO). The cooperation with Ethiopia is initiated under the Iceland – World Bank compact on geothermal energy. The project in Ethiopia is the second project to be initiated under the ICEIDA/NDF Geothermal Exploration Project, with the first one already under way in Rwanda.

Ethiopia is considered to have great geothermal potential, up to 5,000 MW.

Read More......