Finance: New Overview of Geothermal Energy from IRENA

Geothermal power: Technology brief (IRENA)

The Global Geothermal Alliance (GGA) meeting, entitled: ‘Working Together to Promote Geothermal Energy Towards a Sustainable Energy Future’ – the largest such meeting of ministerial representatives to discuss geothermal energy – was marked by the release of a new report from the International Renewable Energy Agency (IRENA), coordinator of the GGA, in which access to capital for surface exploration and drilling was cited as the main barrier to geothermal development.

The report also noted that more ‘transparent government regulations that avoid project delays’ were needed to provide sufficient certainty to developers and investors.

Download the Report (PDF)..........