Geothermal Energy in Central America

While costly to build, Geothermal Energy plants could represent a reliable source of clean energy in the long term.

Wednesday, September 22, 2010

With its many active volcanoes, the region has a unique opportunity to exploit the heat accumulated under the earth in order to generate energy.

For example, Guatemala is aiming to source 60% of its energy needs through geothermal plants by 2022.

Central America's governments are offering tax incentives for these kind of projects, which now contribute 20 MW in Guatemala, 160 MW in El Salvador (20% of the total), 152 MW in Costa Rica and 66 MW in Nicaragua.

More on this topic

“Dry” Geothermal Energy Exploitation

January 2011

GTherm, the owner of the patent, is negotiating with Instituto Costarricense de Electricidad (ICE) to develop a 12 MW pilot project.

Within ICE's strategy to develop clean electricity sources, since October 2010 it is negotiating a pilot project to generate electricity by harnessing geothermal energy in the subsoil, a rich resource in Costa Rica.

Geothermal Energy in Nicaragua

March 2012

The volcanic mountain range of los Maribios could potentially generate more than 1,500 megawatts for the country.

Studies by the Ministry of Energy and Mines (MEM) estimate that the volcanoes of the Los Maribios range, along the Pacific area, could give the country a generation potential of more than the 1,500 megawatts in 12 areas or geothermal fields, a capability that could liberate Nicaragua from dependence on oil as a source of electricity.

Central America's Geothermal Potential

May 2013

Nicaragua alone has geothermal potential of 2000 MW , and the region as a whole has total exploitable potential of 5000 MW.

The Geothermal Regional Training Center, based in El Salvador, is promoted by the German Agency for International Cooperation (GIZ) and has the cooperation of the Inter-American Development Bank (IDB).

Global Push For Geothermal Energy

March 2013

The World Bank is calling for a Global Geothermal Energy Development Plan in order to take advantage of subsurface heat available in many countries, including those in Central America.

From an article by the World Bank:

"Geothermal energy could be a triple benefit to developing countries: it is clean, reliable and locally produced.

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