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Comparative Analysis of Approaches to Geothermal Resource Risk Mitigation: A Global Survey

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2016-05-17T17:32:31Z
dc.date.available2016-05-17T17:32:31Z
dc.date.issued2016-03
dc.description.abstractBased on the World Bank’s own extensive global experience and drawing upon international expertise from leading specialists and practitioners, this report presents a comparative assessment of various approaches that have been applied around the world, with varying degrees of success, to mitigate resource risks and catalyze investments in developing the geothermal sector. It provides a framework that can help decision makers identify suitable approaches that are commensurate with development goals, funding capacity, implementation capabilities, and other circumstances specific to the context in a given country. Geothermal presents an opportunity for many countries to diversify their power generation mix in a sustainable way since it is an environmentally friendly, clean energy source that can reliably produce baseload power on a 24 by 7 basis. Despite over 100 years of development and an estimated global potential of 70 - 80 gigawatts (GW), only about 15 percent of the known geothermal reserves are presently exploited and producing electricity. While there are many reasons, in various countries, for the slow pace of geothermal development, one widely recognized and unique obstacle that is applicable worldwide is the high resource risk during the early stages of the geothermal development process. As a result, it is difficult to mobilize the early-stage investments, especially through the private sector.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/05/26350369/comparative-analysis-approaches-geothermal-resource-risk-mitigation-global-survey
dc.identifier.doi10.1596/24277
dc.identifier.urihttps://hdl.handle.net/10986/24277
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesESMAP Knowledge Series;024/16
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectTAX INCENTIVES
dc.subjectRISKS
dc.subjectPOWER PLANTS
dc.subjectFOSSIL FUELS
dc.subjectRISK REDUCTION
dc.subjectINFORMED DECISIONS
dc.subjectDISTRICT HEATING
dc.subjectINTEREST
dc.subjectGUARANTEES
dc.subjectACTIVITIES
dc.subjectOIL COMPANY
dc.subjectGENERATION
dc.subjectCOST OF ELECTRICITY
dc.subjectENERGY SOURCE
dc.subjectPROGRAMS
dc.subjectGEOTHERMAL ELECTRICITY
dc.subjectCLEAN ENERGY
dc.subjectINFORMATION
dc.subjectGEOTHERMAL FLUIDS
dc.subjectPOWER PROJECT
dc.subjectINCENTIVES
dc.subjectRENEWABLE PORTFOLIO STANDARDS
dc.subjectGEOTHERMAL PROJECTS
dc.subjectRENEWABLE ENERGY POLICY
dc.subjectPRICE
dc.subjectGEOTHERMAL SECTOR
dc.subjectPOWER SYSTEM
dc.subjectELECTRIC UTILITY
dc.subjectGENERATION CAPACITY
dc.subjectGEOTHERMAL PROJECT
dc.subjectOIL
dc.subjectPOWER GENERATION
dc.subjectGEOTHERMAL ACTIVITY
dc.subjectENERGY SOURCES
dc.subjectSUSTAINABLE ENERGY
dc.subjectPOWER SECTOR
dc.subjectRENEWABLE SOURCE
dc.subjectOIL COMPANIES
dc.subjectOPTIONS
dc.subjectENERGY RESOURCES
dc.subjectPOWER GENERATORS
dc.subjectLARGE POWER PLANTS
dc.subjectMARKETS
dc.subjectELECTRICITY SUPPLY
dc.subjectINSURERS
dc.subjectGEOTHERMAL CAPACITY
dc.subjectGEOTHERMAL ENERGY
dc.subjectTAX REVENUES
dc.subjectGEOTHERMAL RESERVOIR
dc.subjectRESERVES
dc.subjectFUELS
dc.subjectPOWER PLANT CONSTRUCTION
dc.subjectPOWER PRODUCERS
dc.subjectTAX POLICIES
dc.subjectDRILLING ACTIVITIES
dc.subjectFUEL SUPPLY
dc.subjectPOWER GENERATION CAPACITY
dc.subjectTAX CREDIT
dc.subjectTAX INCENTIVE
dc.subjectHEAT
dc.subjectBALANCE
dc.subjectHEAT RECOVERY
dc.subjectPOWER CORPORATION
dc.subjectINSURANCE PRODUCTS
dc.subjectSOURCE OF ENERGY
dc.subjectALTERNATIVE ENERGY
dc.subjectGEOTHERMAL POWER
dc.subjectGEOTHERMAL POWER PLANTS
dc.subjectLOSSES
dc.subjectPOWER
dc.subjectELECTRICITY
dc.subjectELECTRICITY SALES
dc.subjectGEOTHERMAL GENERATION
dc.subjectCREDIT
dc.subjectALTERNATIVE ENERGY PROGRAM
dc.subjectGREEN POWER
dc.subjectGEOTHERMAL INDUSTRY
dc.subjectGEOTHERMAL RESOURCE
dc.subjectCONSUMERS
dc.subjectSTEAM FIELD
dc.subjectGEOTHERMAL TECHNOLOGY
dc.subjectINJECTION WELLS
dc.subjectGEOTHERMAL EXPLORATION
dc.subjectGENERATING CAPACITY
dc.subjectEXPLORATION DRILLING
dc.subjectPOWER PRODUCTION
dc.subjectHOT SPRINGS
dc.subjectTAX REVENUE
dc.subjectINSURANCE
dc.subjectGREEN FIELD
dc.subjectINSURANCE PREMIUMS
dc.subjectLOSS
dc.subjectPOWER PRODUCER
dc.subjectGEOTHERMAL WELLS
dc.subjectTAX CREDITS
dc.subjectRISK INSURANCE
dc.subjectINVESTMENT
dc.subjectRISK
dc.subjectGEOTHERMAL POWER PRODUCTION
dc.subjectMITIGATION
dc.subjectENERGY DEVELOPMENT
dc.subjectGEOTHERMAL SYSTEMS
dc.subjectNUCLEAR POWER
dc.subjectPOWER CAPACITY
dc.subjectTARIFF
dc.subjectUTILITY COMPANY
dc.subjectTRANSMISSION INFRASTRUCTURE
dc.subjectFUEL
dc.subjectDRILLING
dc.subjectGEOTHERMAL POWER CAPACITY
dc.subjectFACILITIES
dc.subjectAVAILABILITY
dc.subjectGEOTHERMAL RESOURCES
dc.subjectINVESTMENTS
dc.subjectRENEWABLE SOURCE OF ENERGY
dc.subjectFINANCIAL RISK
dc.subjectHEAVY RELIANCE
dc.subjectRENEWABLE ENERGY
dc.subjectRENEWABLE POWER
dc.subjectDIESEL
dc.subjectLIABILITIES
dc.subjectGEOTHERMAL FIELD
dc.subjectGEOTHERMAL DRILLING
dc.subjectCOVERAGE
dc.subjectFOSSIL
dc.subjectTRANSMISSION LINES
dc.subjectPRICES
dc.subjectAPPROACH
dc.subjectNUCLEAR POWER PLANTS
dc.subjectPOWER PLANT
dc.subjectRISK MITIGATION
dc.subjectGEOTHERMAL DEVELOPMENT
dc.subjectENERGY
dc.subjectPREMIUMS
dc.titleComparative Analysis of Approaches to Geothermal Resource Risk Mitigationen
dc.title.subtitleA Global Surveyen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleComparative Analysis of Approaches to Geothermal Resource Risk Mitigation: A Global Survey
okr.date.disclosure2016-05-05
okr.doctypePublications & Research
okr.doctypePublications & Research::ESMAP Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2016/05/26350369/comparative-analysis-approaches-geothermal-resource-risk-mitigation-global-survey
okr.guid407911467995618028
okr.guid621131468180534369
okr.identifier.doi10.1596/24277
okr.identifier.externaldocumentum090224b0842fdfb1_1_0
okr.identifier.internaldocumentum26350369
okr.identifier.report105172
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/05/05/090224b0842fdfb1/1_0/Rendered/PDF/Comparative0an0on000a0global0survey.pdfen
okr.region.administrativeLatin America & Caribbean
okr.sectorEnergy and mining :: Other Renewable Energy
okr.themeEnvironment and natural resource management :: Climate change
okr.topicEnergy::Thermal Energy
okr.topicEnergy::Renewable Energy
okr.topicFinance and Financial Sector Development::Insurance & Risk Mitigation
okr.topicEnergy::Energy Production and Transportation
okr.unitEnergy GP LAC (GEE04); Energy Sector Management Assistance Program (ESMAP)
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