Thursday, December 20, 2018

Caribbean: United Nations Framework Classification for Geothermal Energy Resources Tested at Regional Scale

Caribbean Embraces New Geothermal Resource Classification (IRENA)

60 delegates from 15 countries attended the workshop
A workshop co-organised International Renewable Energy Agency (IRENA), the Organisation of Eastern Caribbean States (OECS), the World Bank, and the International Geothermal Association (IGA), represented a starting point. Held in Castries, Saint Lucia, the workshop brought together 60 key experts and geothermal energy decision makers from across the Caribbean to discuss challenges and co-develop solutions to advance geothermal development.

The workshop is the continuation of an international series to pilot the ‘United Nations Framework Classification (UNFC) to Geothermal Energy Resources and Reserves’ — a harmonised framework for qualifying estimates of extractable geothermal energy by projects. Taking into account economic viability, technical feasibility and geological confidence, the UNFC specifications are designed to help stimulate geothermal investments by making geothermal resource bases easier to understand. While a previous workshop tested the specifications at national-level in 14 different cases on the Indonesian island of Flores, the workshop in Castries for the first time tested the system at a regional-level, with five trials from five different countries.

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