All Entries in the "International" Category
Geothermal power proves a good value in new Philippine contracts
In the Philippines, the Energy Department signed an 26 more renewable energy, including six for geothermal projects. The contracts that are expected to generate a total of 466 MW of power, 315 MW from geothermal alone, and investments of about $277 million. The GT projects will produce 68% of the energy at only 8% – [...]
Australian state takes charge of its GT future
In Australia, the state government of Western Australia has granted ten new exploration permits to companies looking to develop geothermal energy projects. Eight of the new permits were granted to companies exploring the greater Carnarvon Basin in the state’s northern region, the second area of Western Australia released to competitive bidding for geothermal exploration. Two [...]
Petratherm gains further European foothold
In Australia, Petratherm has signed a memorandum of understanding (MoU) with Enel Green Power to jointly assess and develop new and existing electricity production projects across the Iberian Peninsula (Spain and Portugal) and the Canary Islands. The MoU also provides for 50/50 cost sharing for direct and external exploration and will establish a separate company [...]
Indonesia’s GT potential equivalent to 19 billion barrels of oil
In Indonesia, in a presentation on the Hulu Lais geothermal project development, Anna Rufaidat from the Geothermal & Ground Water Development Directorate at the Energy & Mineral Resources Ministry said that the potential of Indonesia’s geothermal energy is 27,710 MW or equivalent to 19 billion barrels of oil. The current installed capacity is 1,189 MW, [...]
GT plant host city defies NGCP demand to shed power load
In the Philippines, geothermal plants continue to operate as a dry spell has diminished the capability of regional hydropower plants to produce power. The lack of water resulted in the National Grid Corp. of the Philippines (NGCP) to implement a load curtailment scheme in mid-February. However, North Cotabato is the home of the Mt. Apo [...]
Temperature on target at Paralana EGS project
In Australia, Petratherm Ltd managing director Terry Kallis reported that temperature measurements “have taken significant risk out of the company’s flagship” Paralana 2 EGS project. Measurements extrapolated for 13,000 ft were 190 C and the minimum temperature the company had targeted for the economic development of the resource is 170 C. A continuous logging tool [...]
PNOC returns to GT business with Mt. Isarog project
In the Philippines, the Department of Energy awarded a geothermal exploration contract to state-run Philippine National Oil Co., which will spend upwards of $60 million to put up a geothermal power plant on Mt. Isarog, Camarines Sur. PNOC says the project has a potential capacity of at least 20 MW and an 18 gWh of [...]
Reservoir gets three more Serbian GT permits
In Canada, Reservoir Capital Corp. said that its wholly-owned subsidiary, Southern European Exploration D.o.o. has been granted three additional licenses to explore for geothermal energy in the Vojvodina Region of northern Serbia. Historical oil, gas and geothermal exploration in these areas – Kupusina, Adorijan and Vrbica – have shown aquifer temperatures in excess of 200 [...]
Japan offers Kenya $320 M for GT development
In Japan, Prime Minister Yukio Hatoyama announced that his country will extend a loan of $375 million to Kenya for geothermal power generation, drought responses and reforestation. A full $320 million of that amount will go to geothermal development. Hatoyama also offered Japan’s assistance for Kenya to develop a nuclear power plant and said Kenya [...]
Indonesian firms sign 30-year GT deal
In Indonesia, Pertamina Geothermal Energy and State Electricity Company signed a 30 year cooperation agreement on geothermal supply for two power plants in Lampung province. Pertamina will supply geothermal steam to two 55 MW Ulubelu power plants at 4.2 cents per kilowatt hour from the Way Panas geothermal site. In addition, Pertamina will get an [...]
