Enel drops geothermal exploration concessions in Peru

Viaje a Ayacucho, Peru (source: flickr/ Lorena Flores Agüero, creative commons)
Alexander Richter 2 Mar 2016

Enel Green Power has handed back an exploration permit for a possible geothermal project in Chilata, Peru.

BN Americas reports today, that the Ministry for Energy and Mines in Peru has approved the request by Italian Enel Green Power to hand back geothermal exploration permits.

Enel received exploration permits for Chilata, Peru in 2013 as our sister site PiensaGeotermia reported back in April 2013. The exploration permit was issued for three years, and one can assume that the permit essentially ran out now.

In Peru, a preliminary study by the Japan International Cooperation Agency and the Ministry of Energy and Mines found in 2013 that the country has 3,000 MWh of geothermal potential. But so far there are no plans for geothermal plants. Canadian Magma Energía (Magma Energy/ then Alterra Power) returned some exploration permit in early 2015.

The Philippines Energy Development Company still is seeing Peru as a future development target.

The decision not to pursue on its geothermal exploration permit now in Peru, does not seem to effect Enel Green Power’s recently won contracts for other renewable energy projects, including two PV projects and a hydro power project in Peru.