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Costa Rica ICE to allocate resources for geothermal exploration and development with Government backing to reduce the company’s risk. Collect information with ICE resources subject to regulatory developments regarding protected areas Lift environmental constraints with adequate safeguards ICE has integrated geothermal prospective projects into its planning El Salvador Allocate Government funds to La Geo for drilling exploration purposes, (e.g. through capitalization) Regulate eventual joint ventures Invest in basic explorations through delegation to La Geo/ENEL Clarify environmental management procedures for geothermal drillings and plant development CNE to develop and maintain integrated Master Plan, and prioritize hydro & geothermal developments. Guatemala Explore other risk-sharing mechanisms besides the separation of steam and power Regulate joint venture conditions, Organize a geothermal section in the Ministry and make it responsible for inventory development. Outsource basic studies and make the information available to the public. Conduct basic exploration through private/public participation Clarify safeguards regulations Ministry to develop and maintain Master Plan for native resources, and prioritize their development Honduras Adopt an appropriate business model. Prioritize investments and choose best candidates based on basic studies. Allocate venture resources for geothermal development. Regulate joint venture conditions. Revise the PPA conditions set out for the auction of renewable energy conducted in 2010. Organize a Master Plan department in SERNA in coordination with ENEE, outsource basic studies and make the information available to the public SERNA to take lead in integrated planning with ENEE support, rather than depending on ENEE expertise. Table 20: Recommended Actions for Further Geothermal Development in Central America Upfront risk mitigation Regulatory Framework Resource inventory Environmental and social impacts Integrated power sector planning 51 Further definition of prospective projects is required in the near future.PDF Image | Drilling Down on Geothermal Potential Central America
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