Intelligence Series - Electric Power

Geothermal power: A coming of age in Latin America?

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Intelligence Series Electric Power

Almost half a century after Latin America's first geothermal projects emerged, the technology is reappearing on the region's energy landscape. This time it has reached South America as governments seek ways to reinforce baseload generation amid a rapid expansion of intermittent renewable power.

Figure - Geothermal Installed Capacity in LatAm

Table of contents

  • Introduction
  • A different type of technology
  • Obstacles and solutions
  • The GDF: Key to geothermal development
  • Latin America's geothermal outlook
  • Mexican Projects
  • Central American projects
  • Conclusion

Companies and projects related to this report

  • Sacyr S.A.
  • LaGeo, S.A. de C.V.
  • Japan International Cooperation Agency
  • Empresa Nacional de Electricidad S.A.
  • Agence Française de Développement - Agencia Francesa de Desarrollo (AFD)
  • KfW Development Bank
  • Grupo Dragón
  • Enel Green Power S.p.A.
  • EDC Geotermica Chile SpA
  • Empresa Nacional del Petróleo
  • Banco Centroamericano de Integración Economica / Central American Bank for Economic Integration
  • The World Bank Group / Grupo del Banco Mundial
  • International Energy Agency
  • European Investment Bank
  • Ormat Technologies, Inc.
  • Inter-American Development Bank (IDB) - Banco Interamericano de Desarrollo (BID)
  • International Renewable Energy Agency
  • Comisión Federal de Electricidad
  • Polaris Infrastructure Inc.
  • Banco de Comercio Exterior de Colombia S.A.
  • Alterra Power Corp.
  • Corporación Eléctrica del Ecuador
  • Energy Development Corp.
  • CAF (Banco de Desarrollo de América Latina)
  • Grupo ICE
  • El Ceibillo geothermal plant
  • Copahue geothermal plant 
  • Domuyo Geothermal Project
  • Borinquen I geothermal plant 
  • Borinquen II geothermal plant
  • Cerro Pabellón geothermal project expansion
  • Las Pailas II geothermal complex
  • Laguna Colorada geothermal project
  • Block Amatitlán
  • Chinameca Geothermal Project
  • Chachimbiro geothermal project
  • Chacana geothermal project
  • Cerro Pabellón geothermal plant
  • Mariposa geothermal project


Raul Ferro

Michael Place

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