Turkey: Invitation to Participate in Turkish Geothermal Risk Sharing Mechanism

Expression of Interest - Turkey Geothermal Risk Sharing Mechanism

The Turkey Geothermal Risk Sharing Mechanism (RSM) Unit within the Development Bank of Turkey (TKB) is now asking for a simple expression of interest from potential Beneficiaries to participate in the RSM for exploratory geothermal drilling. The expression of interest only needs to state the name and contact person of the company and the potential area in question.

More detailed description on data requests will be provided at the application workshop, but eligible Beneficiaries need to fulfill in general the following qualification criteria:

• Hold a valid exploration license.
• Having finished surface exploration, including geological-, geophysical- and geochemical exploration.
• If wells are already available, provide the information from the wells.
• Having constructed initial Conceptual Model (simple or extensive)
• Having selected drilling targets and well design.
• Having created a business model.

As environmentally sustainable geothermal utilization is one of the key objective of future geothermal development, CO2 emission of successful projects need to be below 583 g/kWh, unless acceptable mitigation measures are suggested.

Expression of interest shall be sent to: Ruken.Oztekin@kalkinma.com.tr and Wietze.Lise@afconsult.com