Guatemala urged to start tender for geothermal development of up to 800MW
Geothermal Power Plant by Ormat in Guatemala (source: video/ Global Post)
Alexander Richter
30 Aug 2011
Guatamala is being urged to start a tender for geothermal development of up to 800MW to spur interest by developers and financial institutions.
The Association of Power Generators with Renewable Energy (AGER) asks for support to attract geothermal developers to Guatemala.
During a presentation to members of the Guatemalan Chamber of Commerce and Industry, AGER asked the sector authorities to promote a competition aimed at developing geothermal projects.
The country has the geothermal potential of more than 1,000 MW. The Vice President of AGER, Rudolf Jacobs, said that in principle a bid for the supply of up to 800 MW could supply Empresa Electrica de Guatemala, SA (EEGSA) and distributors Deocosa (west) and Deorsa (east).
The president of the National Energy commission says that this is currently not possible, but works to promote geothermal are in progress and quotes the risks and costs involved in such investments.
Source: Prensalibre
