Friday, September 15, 2017

Geothermal Energy News from Around the World

Global Geothermal News - Weekly Update


A round-up of this week's geothermal energy news....... 

Click on the links to view the whole story and other news stories on Global Geothermal News.


GRC Annual Meeting & GEA GeoExpo+ | Oct. 1-4 | Salt Lake City, Utah, USA

The latest information on the geothermal energy event of the year........

Earlybird registration deadline ends at midnight September 16


Monday, September 11
Geothermal Energy Awards Announced - Best and brightest of the global geothermal community will be honored at the GRC Annual Meeting in Salt Lake City, Utah, USA

Europe: €10 Million Made Available for Enhanced Geothermal Systems Projects - €10 m has been made available for projects in Enhanced Geothermal Systems in different geological conditions. There has been eight applications for this funding.

Canada: Geothermal Energy is Cheaper Alternative to Site C Hydro Scheme - Report - In their comparison, Deloitte concluded that even other alternative forms of electricity generation such as Geothermal and Biomass cost $7,300 per kilowatt, less than Site C’s capital cost of $7,636 per kilowatt.

Tuesday, September 12
Global: Alliance Working Together to Promote Geothermal Energy Towards a Sustainable Energy Future- Governments adopt ‘Florence Declaration’, agree to advance geothermal energy.

Finance: New Overview of Geothermal Energy from IRENA - A new report from the International Renewable Energy Agency (IRENA), suggests access to capital for surface exploration and drilling was cited as the main barrier to geothermal development.

Chile: 48 MW Cerro Pabellón Geothermal Power Plant Inaugurated - Enel and ENAP inaugurated today Cerro Pabellón, the first geothermal power plant in South America and the world’s first large-scale facility of this kind to be built at 4,500 meters above sea level.

Wednesday, September 13
USA, California: Legislation that Excluded New Geothermal Energy Development Fails at Last Hurdle - The final version of Holden's bill didn't include provisions to promote the development of geothermal power plants at the Salton Sea, despite a late push from Imperial Valley officials and some clean energy advocates.

Finance: Geothermal-Powered Bitcoin Mining Could Be a Very Profitable Business Model - If a large share of future mining operations use solar power, geothermal power, hydro power, biomass or wind power, the massive power demands of mining and their consequent environmental impacts could be largely mitigated.

St. Kitts and Nevis: Production Drilling to Begin at Nevis Geothermal Plant in Early October - “We started site clearing on Aug. 30 in preparation for the drilling of a new test well and that will commence in the first week in October."

Thursday, September 14
Opening Session Speakers at Geothermal Energy Event - The speakers at the Opening Session of the GRC Annual Meeting on Monday morning, October 2 includes major names in the international geothermal community and regional and national politics.

USA: Global Installed Geothermal Generating Capacity Projected to Increase to 10.6 GW in 2040 - IEA- World installed geothermal generating capacity projected to increase from 3.8 GW in 2017 to 10.6 GW in 2040.

Iceland: Swedish Company to Provide Units for Distributed Geothermal Power Project - Icelandic company CP Energy Holding has made a conditional order to Sweden’s Climeon AB regarding the delivery of equipment and services for a two-phase, 15-MW distributed geothermal power project.

Friday, September 15
USA, New Mexico: New 14 MW ORC Unit for Lightning Dock Geothermal Power Plant - Turboden has signed an order with Cyrq Energy Inc. for the supply of an ORC turbogenerator.

Iceland: HS Orka Loan Re-Finance Will Fund Development at Reykjanes Geothermal Plant - Primary uses of loan proceeds includes drilling and other field development activities at the Reykjanes geothermal operation, and the retirement of €52 million of currently outstanding loans.

GRC Annual Meeting & GEA GeoExpo+ - 2 Weeks to the Geothermal Energy Event of the Year! - Registration - Earlybird discount ends at midnight on Saturday, September 16!

Global: Calendar of Geothermal Energy Events


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