Power Purchase Agreements
According to US Geothermal Inc CEO, Dennis Gilles, success for geothermal projects comes down to securing power purchase agreements.
US Green Jobs
Geothermal Energy is all about job creation. Pertamina Geothermal CEO Irfan Zainuddin brings the 890MWe under development opportunity to the World Geothermal Energy Summit San Francisco (10-11 Dec 2015).
Geothermal Energy Project Tender
Supreme Energy has three geothermal power projects — in South Sumatra, Lampung and South Solok. Dr Victor Van Der Mast keynotes at the World Geothermal Energy Summit San Francisco (10-11 Dec 2015).
Geothermal Plant Under Construction
PGE is aiming to produce 682 MW in capacity by 2017, which will make it the biggest geothermal power generator in Indonesia. In a long term plan, it aims to have 2.3 GW in installed capacity by 2025. Irfan keynotes at the World Geothermal Energy Summit San Francisco (10-11 Dec 2015).
CIF $4.8 billion (almost 60 percent of total funding) is focused on renewable energy development in 33 countries. Duarte keynotes at the World Geothermal Energy Summit San Francisco (10-11 Dec 2015).
Indonesian Vice President Jusuf Kalla said: “Currently, we have 52,000 megawatts. In 10 years, we will have 120,000 megawatts. Renewable energy should make up 30,000 megawatts. Now it is only 12,000 megawatts.”
About 60 percent of the fund is focused on getting clean energy projects (like solar and geothermal) developed expecting to stimulate private sector participation to the tune of $23 bn for co-financing.
The World Bank welcomes new players such as the Asian International Investment Bank (AIIB) and New Development Bank to help in renewable energy development.
According to researchers, the Lusi eruption was not triggered naturally but was instead the consequence of drilling operations. Gain solutions at Drilling Fluids 2016 conference.
Climate change is one of the central challenges of the 21st century, says Dilma Rousseff.
Strategies include: utilities and regulators designing rates and related policies that more effectively align energy efficiency with utility business models; and businesses reinvesting avoided energy costs.
Iran eyes $185 billion oil and gas projects after sanctions.
Iran's Minister of Industry, Mines and Trade Mohammad Reza Nematzadeh said the Islamic Republic would focus on its oil and gas, metals and car industries with an eye to exporting to Europe after sanctions have been lifted, rather than simply importing Western technology.
Indonesian President Joko Widodo has picked I Gusti Nyoman Wiratmaja as director general of oil and gas at the Energy and Mineral Resources Ministry.
Propositions for the Philippines’ “Renewable Energy Act” could include new FIT incentives for geothermal as well as hydro projects..
Geothermal energy can be used in conjunction with Salt of the Earth Energy and provide unlimited supply of low cost potable water for agriculture, human consumption in Southern California and parts of Mexico.
President Dilma Rousseff pledged to restore 12m hectares of deforested land and increase renewable energy use by 2030 as part of climate partnership with US.