Powering Africa event: recommendations for geothermal development in Africa
In a recent post from the National Law review, they cover risk mitigation and its paramount role for geothermal development in the African continent.
In a recent post in The National Law Review, the incredible growth in geothermal development is covered, thanks to the recent event that was held in Washington, the Powering Africa Summit.
The article covers the great benefits that geothermal energy has for African countries alongside with the latent potential yet to be exploited. The article goes further to identify the reason why this is not even faster; the issue that also hinders development in other areas of the world, drilling risks. In order to tackle said risks, the author enumerates several risk mitigation mechanisms, such as the Geothermal Risk Mitigation Facility, from Germany’s KfW, the African Union and the AfDB.
The article provides a great general overview and some very interesting points. To read said article, please follow the link.
Source: The National Law Review