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Tuesday, July 14, 2015

China:

China's Long-Dormant Geothermal Energy Sector May Soon Wake Up (China Economic Review)

China had 28 MW of geothermal capacity operating last year, but Beijing is hoping to reach its target of 100 MW of installed capacity by the end of 2015.



After lying dormant for decades, a series of central government initiatives could potentially revive China's geothermal industry and allow the country to harness its vast, untapped heat reserves.

China's Geothermal Energy Data and Information System, due to be established this year, could reinvigorate an industry that has faced more difficulties and setbacks than more visible, above-ground renewables. 

While it will probably remain a small portion of China's overall energy mix for the foreseeable future, the new data system, alongside the National Energy Administration's forthcoming Geothermal Development Plan, could help stimulate growth in a sustainable resource with enormous potential.