Geothermal groups launch global coalition to push for policy changes
08.02.32
Geothermal power currently supplies about 10,715 MW of power in 24
countries on six continents, but the possible is much greater, the groups
said, asserting that geothermal resources could supply more than 300,000 MW
of energy.
While geothermal energy use is expanding globally, "it needs government
bolster to achieve its full potential," the groups said in a joint
pronouncement. For instance, the World Bank and other multilateral financial
institutions should enlarge on their financial support for geothermal development
projects, and "there should be clear organizational goals for geothermal
abetting within these institutions as well as specific senior staff
designated to carry out them," according to the document.
Without naming other renewable resources or technologies, the groups
said that funding and approach support for geothermal resources should be
comparable to other technologies. The International Energy Intercession and the
International Renewable Energy Agency
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