Icelandic GeoThermHydro on Chilean geothermal development
El Tatio Geysers, Chile (source: flickr/ Terry Feuerborn, creative commons)
Alexander Richter
27 Jun 2012
Icelandic GeoThermHydro's managing director Harpa Elin Haraldsdottir sees a great potential for geothermal development in Chile and her company's involvement in the country.
In a recent interview, iLoveChile, interviewed Harpa Elin Haraldsdóttir, managing director of Icelandic GeoThermHydro.
“GeoThermHydro brings the geothermal geologist experts from Iceland to provide know-how and work closely with local specialists. As for now, Chile is lacking the knowledge necessary to support exploration works.
A joint venture of two Icelandic companies ISOR and Verkís, GeoThermHydro has already several successful projects in Costa Rica, Nicaragua, El Salvador.
“It takes a little bit of time to develop the project. Of course, there are some risk factors, especially connected to drilling,” Haraldsdóttir continues. “The cost of the exploration and the drilling is high and the Chilean government is not getting financially involved. However, the country is trying to support these projects, along with other renewable energy generation.”
By the year 2020, Chile’s goal is to support 20 percent of the country’s energy need by renewable energy power plants.
“But in the long-term, it is a good investment for society to have a secure base load for energy generation. Moreover, geothermal is a very environmentally friendly solution for energy generation and will become more desirable in future. Therefore it is very important for Chile to take the steps to put itself forward in this development,” Haraldsdóttir concludes.”
To better cover the Spanish speaking market, ThinkGeoEnergy has recently launched a Spanish language geothermal news website, www.piensageotermia.com
Source: iLoveChile
