News & Articles on Geothermal Energy
Geothermal is the ugly duckling of renewable energy and is often overlooked in preference to wind and solar. However, comprehensive renewable energy policy should include provisions for geothermal energy. In some regions, especially around the Ring of Fire, geothermal is a major source of renewably-generated electricity. Today, geothermal power plants supply 4% of California’s electricity consumption. It can do much more.
Ministry planning system to promote geothermal power
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The Ministry of the Environment will introduce a system to promote geothermal power generation by involving local municipalities from the initial stages of plant construction, according to informed sources.
Japan News: Govt plans to promote geothermal power
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Yomiuri Shimbun
The government will revise the current feed-in tariff system, which requires power companies to purchase electricity generated by solar power and other renewable energy sources at fixed prices, to make utilities buy more electricity from geothermal power generation, sources said.
New Maps Reveal B.C. Has Enough Geothermal Potential to Power Entire Province
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Erin Flegg
At a time when B.C.’s politicians are considering flooding the Peace Valley for the Site C hydroelectric dam, a new project by the Canadian Geothermal Energy Association says the province could be sitting on a figurative gold mine of power with low environmental impact.
New Maps Reveal B.C. Has Enough Geothermal Potential to Power Entire Province
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Erin Flegg
At a time when B.C.’s politicians are considering flooding the Peace Valley for the Site C hydroelectric dam, a new project by the Canadian Geothermal Energy Association says the province could be sitting on a figurative gold mine of power with low environmental impact.
Japan Has World’s Third Largest Geothermal Reserves, 60 Percent of Which Can Be Developed
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However, the relaxation of regulations on natural parks by the Ministry of the Environment in March 2012 and the start of a national feed-in tariff scheme in July of the same year triggered geothermal exploration projects across Japan.
Climate Progress: The Red Hot Renewable That Could Incite A Green Power Revolution
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Ari Phillips
However, developers say a lot of the uncertainty around geothermal in the U.S., and part of the reason it hasn’t grown much in recent years, is due to the unreliable nature of the Production Tax Credit (PTC) and Investment Tax Credit (ITC).
Indonesian Deputy Finance Minister sees risks in [Geothermal] feed-in-tariffs
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Depending on the location, the tariff ranges from 10 cents to 18.5 cents per kilowatt hour (KwH), with the Energy and Mineral Resources Ministry planning to raise it further to 11.5 cents to 29 cents per KwH.
Indonesian Government Tries to Lure Investment in Geothermal Power
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In an attempt to attract investments in Indonesia’s geothermal power sector, the Ministry of Energy and Mineral Resources plans to offer higher prices for geothermal-based electricity. Based on a recommendation from the World Bank, the new proposed geothermal-produced electricity price will range between 11.5 and 29 cents per KwH and will be effective until 2025. Currently, state-owned Perusahaan Listrik Negara pays between 10 and 18.5 cents per KwH to independent geothermal power producers (feed-in tariff).
The Telegraph: Japan’s first new geothermal power plant in 15 years to open next month
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Danielle Demetriou
Japan’s first new geothermal power plant in 15 years will open next month, heralding the start of a new chapter for the nation’s nuclear-hit energy industry.
Mainichi: Construction plans for mid-sized geothermal plants booming across Japan
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The purchase price for renewable energy generated by a power plant whose maximum output is less than 15,000 kilowatts is also set relatively high at 42 yen per kilowatt hour under the feed-in tariff system, encouraging new companies to enter the business.
