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73. There are twelve identified potential fields, with a total estimated potential of around 500 MW. Concessions have been granted for seven of them, with a keen interest on the part of the private sector. Honduras 74. Geothermal development in Honduras follows a similar approach to Nicaragua, with the State providing concessions to private companies for the development of the resource. In the case of the Platanares project, exploration had been conducted since the 80s with public resources and international help. It is now in private hands. Recently the Government, through ENEE (the public utility) initiated a tendering process for renewable energy to be competitively bid. The Platanares project is one of those being considered for award of a PPA that would ultimately make it much more attractive to the private sector. 75. Studies were conducted in the 70s and 80s, and six geothermal areas were identified. The potential was considered modest, with the Platanares field being the most promising; it’s estimated capacity amounts to 35 MW. Three fields have been concessioned (Pavana and Azacualpa to Geopower S.A. and Platanares to Geoplatanares). Geothermal activities are coordinated under the Natural Resources Secretariat (SERNA), which has conducted a complete survey of 204 surface manifestations24. Panama 76. Exploration in Panama has taken place since the mid-70s, with mixed results. Disappointing results were obtained at the Barú-Colorado volcanic complex (six gradient wells yielding values less than 90oC/km). The responsibility for geothermal development resides currently with the transmission company ETESA, which inherited these functions from IRHE, the former national company, after the sector was reorganized in the 90s. Currently, the most promising fields are Cerro Colorado (24 MW est.) and Valle de Antón (18 MW est.). The latter was the subject of drillings, but the project was interrupted due to environmental concerns from local residents (Valle de Antón is a tourist area with numerous summer villas). 24 “La Energía Geotérmica en Honduras”, Lesly Carolina Andara, SERNA, August 2009 33PDF Image | Drilling Down on Geothermal Potential Central America
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