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Drilling Down on Geothermal Potential Central America

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Drilling Down on Geothermal Potential Central America ( drilling-down-geothermal-potential-central-america )

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Table of Contents Executive Summary ......................................................................................................................... i Chapter 1. Understanding Geothermal Power ................................................................................ 1 Objectives of the study................................................................................................................ 1 Organization of the report ........................................................................................................... 1 Geothermal resources.................................................................................................................. 2 Geothermal technologies............................................................................................................. 2 Development of geothermal projects .......................................................................................... 4 Characteristics of geothermal energy.......................................................................................... 5 Global overview of geothermal development ............................................................................. 7 Chapter 2. Geothermal Development in Central America.............................................................. 8 Central American power sector overview................................................................................... 8 Current geothermal development .............................................................................................. 10 Geothermal resource potentials................................................................................................. 11 Geothermal energy as the least cost option for electricity generation ...................................... 13 Policy environment for geothermal development ..................................................................... 20 Environmental and social impact assessment ........................................................................... 24 Business models ........................................................................................................................ 27 Chapter 3. Country Experience in Geothermal Development in Central America....................... 29 Costa Rica ................................................................................................................................. 29 El Salvador ................................................................................................................................ 29 Guatemala.................................................................................................................................. 30 Nicaragua .................................................................................................................................. 32 Honduras ................................................................................................................................... 33 Panama ...................................................................................................................................... 33 Chapter 4. Overcoming the Barriers to Geothermal Development in Central America ............... 34 Upfront risks.............................................................................................................................. 34 Other Barriers to Geothermal Development ............................................................................. 39

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