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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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Global overview of geothermal development 15. Geothermal resources are currently utilized to produce electricity in 27 countries and the total installed capacity was 10,700 MW in 2010 (Figure 5). The top five countries with the largest installed capacities are the US (3,093 MW), the Philippines (1,904 MW), Indonesia (1,197 MW), Mexico (958 MW) and Italy (843 MW). The top five countries with the largest share of geothermal power in their electricity supply matrices are Iceland (25 percent), El Salvador (24 percent), Costa Rica (12 percent), and Kenya (11 percent)3. In 2008 alone for which the relevant data is available, US$ 2.2 billion was invested in geothermal energy development and a total of 1,300 MW of new capacity was installed4. 16. The global potential of geothermal power is estimated to be in the range of 35,000 to 73,000 MW using currently commercially available technologies. With advanced technologies such as commercially available binary-cycle plants or the EGS, the global potential is expected to be much greater5. Geothermal resources are underutilized, including Central America. Figure 5: Global Installed Geothermal Capacity in 2010 Source: Bertani, 2010 3 FriĆ°leifsson, I.B., The possible role and contribution of geothermal energy to the mitigation of climate change, Report for IPCC, Reykjavik Iceland, Feb. 2008 4 UNEP, The Global trends in sustainable energy investment, Nairobi, Kenya, 2009. 5 FriĆ°leifsson, I.B. The possible role and contribution of goethermal energy to the mitigation of climate change, Report for IPCC, Reykjavick, Iceland. February 2008. 7

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