Latin America holds some of the world’s richest geothermal resources, with total potential estimated at 35,500 megawatts (MW), according to the International Renewable Energy Agency. A significant portion of this is concentrated in the Andean sub-region, consisting of Bolivia, Chile, Colombia, Ecuador and Peru, all with vast potential yet limited development in geothermal energy.
Energy ministries of all five Andean countries took part in a geothermal development workshop on 4-5 March in Reykjavik, Iceland (known for generating heat and power from thermal springs and geysers). The Andean countries are asking countries and organizations with geothermal energy experience the best ways to produce thousands of megawatts of clean energy from underground heat. A key advantage of geothermal energy is that it is a renewable source of baseload power.
Andean governments are working with IRENA to prepare a roadmap for the development of geothermal energy in the sub-region, which could provide a template for wider regional clean energy strategies, including in the eastern Caribbean. IRENA held the workshop to launch the Geothermal Initiative in the Andes, in collaboration with the Latin America Energy Organization (OLADE) and the International Geothermal Association (IGA).
Andean governments are working with IRENA to prepare a roadmap for the development of geothermal energy in the sub-region, which could provide a template for wider regional clean energy strategies, including in the eastern Caribbean. IRENA held the workshop to launch the Geothermal Initiative in the Andes, in collaboration with the Latin America Energy Organization (OLADE) and the International Geothermal Association (IGA).
RSS Feed