Friday, January 31, 2020

Geothermal Energy News from Around the World

Global Geothermal News - Weekly Update (Geothermal Resources Council)


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

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

Monday, January 27
Kenya: 35 MW Sosian Menengai Geothermal Power Project Gets Green Light - The firm got the green light through a notice last Friday by the National Environment Management Authority (Nema). The environmental watchdog further invited the public to share their views on the project within 30-days.

Chile: EDC Progressing With 240 MW Mariposa Geothermal Power Project - The initiative led by the Filipino company Energy Development Corporation (EDC) already has started drilling and is currently preparing the Environmental Impact Study (EIA) to begin the process.

Tuesday, January 28
USA, California: Policymakers Beginning to See the Potentially Extraordinary, but so far Unrecognized Value of its Geothermal Resources - Geothermal's surprise: Cheap renewables could keep states from achieving climate goals.

Canada: Fort Nelson Geothermal Power Project Gets Green Light - The permit grants geothermal resource rights to Deh Tai GP Inc., a development company of the Fort Nelson First Nation.

Finance: Surge in Corporations Directly Buying Renewable Energy - The majority of this purchasing occurred in the United States, but also underpinning the strong uptrend is a surge in corporate sustainability commitments around the world.

Wednesday, January 29
USA: DOE Announces $3.25 Million American-Made Geothermal Manufacturing Prize - A first-of-its-kind for geothermal technology, this prize is designed to spur innovation and address manufacturing challenges fundamental to operating in harsh geothermal environments.

Canada: First Eavor Commercial Closed Loop Geothermal Power System to Be Installed in Germany - CEO - Redfern said the first commercial project is expected to be built in Bavaria. “We’ve got a deal there to take over a traditional failed geothermal (system).”

USA: Geothermal Electricity Generation to Increase Threefold by 2050 in EIA Cost Assumption Study - Reference Case: Geothermal grows from 16.43 billion kilowatthours (BkWh) in 2019 to 52.17 BkWh in 2050.

Czech Republic: Litoměřice Geothermal Project Drills 1,600 Meter Deep Borehole - Czech geologists and geophysicists have been hard at work drilling the deepest geothermal borehole in all of central Europe.

Thursday, January 30
USA, Nevada: Legislation Would Expand Investment Tax Credit for Geothermal to Full 30% Rate for 5 Years - “We commend Senator Rosen’s and Senator Cortez Masto’s call for an extension of the ITC available to geothermal which recognizes its value and will provide the market signals that will unleash project development throughout the renewable sector.”

Europe: Potential for Geothermal Energy in Coal Regions - Besides Germany with a 0.03 GW capacity of geothermal energy in 2018 (IRENA, 2019), Spain and Romania have insignificant geothermal power capacity.

Global: Next Issue of the Geothermal Magazine Available Next Week - Volume 49, No. 1 of the internationally-renowned geothermal energy magazine will be published next week. Over sixty (60) pages of essential news and information is available to GRC members only. Don't miss out! Become a GRC Member and be informed.

Canada: Geothermal "will preserve the natural landscape of our ancestral lands for generations to come in a manner that wind, solar or hydro cannot." - First Nation Chief - Today Eavor Yukon (Eavor) and the Carmacks Development Corporation (CDC) announce a partnership to deliver green baseload energy for the Yukon using a new technology (Eavor-Loop) that was proven last year in a field scale pilot. Eavor and CDC today signed an agreement to solidify this partnership.

Friday, January 31
Morocco: Government to Organize Geothermal Energy Development - The government is currently preparing a regulatory text relating to geothermal energy and its fields of exploration, research, and exploitation.

Costa Rica: ICE Signals a Geothermal Future - The forecast is that it will be until 2027 when ICE will review if it is necessary to increase the capacity for generation and if so, it will most likely opt for geothermal generation.



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