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Chile to Explore Low-Temperature Geothermal Front with CTF & World Bank aid

Chile to Explore Low-Temperature Geothermal Front

The South American nation is bound to explore low-temperature geothermal resources with the domestic Chilean Clean Technology Fund aided by the World Bank. The Ministry of Energy in the mountain strip nation’s government recognizes the potential of geothermal energy in the country and is encouraging an awareness program.

 

The International Energy Agency (IEA) recently released a report that considered the energy policy of Chile. Apart from providing details on the condition of the electricity sector in geothermal aspect, this report also looked at the scope of utilizing the country’s low-temperature geothermal resources.

 

This report by IEA states that:

 

“Despite the significant geothermal potential, the use of low-temperature geothermal energy in Chile is limited because of the lack of knowledge, an immature market and an underdeveloped regulatory framework.”

 

Back in the year 2016, the Chilean Ministry of Energy had created an ambitious programme for promoting the straight use of geothermal energy for heating applications. The program is financed by the Chilean Clean Technology Fund as well as by the World Bank’s ESMAP (Energy Sector Management Assistance Program) and focuses on the following aspects:

 

  1. Analysis of Regulation:
    Existing laws & regulation were analysed to help create attractive regulations for direct-use geothermal projects.
    II. For the developers, two separate guides have been prepared for guiding the procedures to obtain the underwater and surface water rights.
  2. Awareness & Education:
    To raise awareness, the following steps were taken in the programme:
    Availing the handbooks facilitating the application of the geothermal projects
    II. Awareness seminars organized in Universidad de Chile
    III. Chilean heat pumps study conducted by Ministry of Energy apart from issuing a best practice guide
    IV. A friendly and compact database of Chilean installers and geothermal energy-associated companies was designed.
    V. Co-operating with the New Zealand government and the Crown Service Geothermal & Nuclear Science (GNS) that is based out of New Zealand.

 

 “This program has high potential as it works the coordination of the National Service of Geology and Mining (SERNAGEOMINI) and the Universidad de Chile to perform its tasks across the nation.”

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