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The Japan Organization for Metals and Energy Security (JOGMEC) has announced the list of six geothermalpower projects that have been selected for the 2024 Geothermal Resource Survey Subsidy Program. Three of the six projects are new, while the other three are continuation of previously funded ongoing projects.
The operators of the Qingshui geothermalpower plant in Yilan County, Taiwan, have announced that the project has now produced more than 38 million kWh of electricity as of the end of July 2023 since i ts opening in October 2021. The reservoir temperature is around 180 degrees Celsius at a depth from 1,200 to 2,100 meters.
Australian geothermal developer Earths Energy (EE1) has provided updates on their South Australian projects following a review conducted both internally and by geothermal consultancy JRG Energy (JRG). Drilled in 2009, the well reached a depth of 3672 meters and had a measured temperature of 176 °C.
Australia-based company Groundlink Energy Pty Ltd (Groundlink Energy) has been granted a geothermal exploration license for a site in Takara, north of the Efate Island, which is part of the islands of Vanuatu. 40 of 2019. A resource with a size of 2-10 MW (P90 of 9.6 MW) was delineated by studies at the time.
State-owned electricity company Taiwan Power Co. Taipower) has inaugurated the 840-kW Renze geothermalpower plant in Yilan County, Taiwan. The power plant is set to begin commercial operations by the end of this year. In a statement, Taipower said that the Renze geothermalpower plant will generate 4.7
The Energy Development Corporation (EDC) recently celebrated the 40th year anniversary of the Tongonan geothermalpower plant in the Leyte geothermal field of the Philippines. After several years of intensive exploration and development work, the Tongonan-1 geothermalpower plant was inaugurated on July 02, 1983.
The Southeast Asia region has earned an excellent reputation in the field of geothermalpower generation. As of the end of 2023, the Philippines and Indonesia have a combined installed geothermalpower capacity of 4370 MW , or about 27% of the global installed capacity. It can be small, even just 100 kW.
The Hokkaido ElectricPower Company (HEPCO) with Obayashi Corporation have announced the start of an exploration campaign for geothermalpower generation in the village of Rusutsu in Hokkaido, Japan near the southern foot of Mt. Shiribetsu.
Many people are already familiar with Indonesia, the Philippines, Japan, and China as some of the leaders of geothermal development in Asia. Taiwan and South Korea area also steadily building up their geothermal markets, and we are beginning to see encouraging progress in India.
In 2022, 1,476 PJ (410 TWh) of geothermalenergy has been used globally, a 44% increase from 2020, among them, the geothermal heating and cooling of buildings accounted for about 79% of the total. Sinopec has one key laboratory for geothermal resource development and owns over 130 technology patents.
PT Pertamina GeothermalEnergy (PGEO) continues to explore the use off innovative breakthrough technologies to further optimize their geothermal operations in Indonesia. All these efforts are part of the state-owned developer’s commitment of advancing the local geothermal industry.
Interested parties may contact commercial@ngaphil.com. During last year’s PIGC, Department of Energy (DOE) Undersecretary Rowena Cristin Guevara stated that the agency hopes for the country to regain its spot as the country with the 2nd largest installed geothermalpower generation capacity.
In deals, $900m for pulsed magnetic inertial fusion, $100m for energy efficiency as a service, and $70m for AI precision weed control. By 2030, it aims to produce 75,000 to 100,000 tons of Lithium Carbonate Equivalent (LCE), the refined product used in batteries, enough to power 1m EVs. Image via USGS.
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