15 September 2017 2017 11:15 AM GMT

Ministerial Meeting Gathers in Italy To Scale-Up Geothermal Energy Worldwide 

Leaders and ministers from more than 25 governments will meet in Florence, Italy on 11 September, to accelerate the global adoption of geothermal energy. The Global Geothermal Alliance (GGA) meeting represents the largest such ministerial gathering dedicated to geothermal energy development.

Geothermal energy today accounts for just 0.3 percent of globally installed renewable energy capacity. However – once start-up costs are met – it is one of the lowest-cost and most reliable renewable energy sources available. The global potential for geothermal is estimated to be in the region of 200 gigawatts.

Entitled: ‘Working Together to Promote Geothermal Energy Towards a Sustainable Energy Future’ the conference will bring together private and public sector representatives to address and overcome barriers that have hindered the deployment of geothermal despite its vast potential. The meeting is organised by the Italian government, including the Ministry of Foreign Affairs and International Cooperation, the Ministry of Economic Development, and the Ministry for the Environment, Land, and Sea together with the International Renewable Energy Agency (IRENA).

“In line with our commitment to the COP21 Agreement, the Italian Government is determined to promote renewable energy and invest in innovative, zero-emission technologies with low environmental impact, including in the geothermal sector,” said Italian Minister for Environment Mr. Gian Luca Galletti.

“My country is engaged, and will continue to pursue objectives within the framework of our National Energy Policy and Strategies based on our broad and remarkable renewable energy knowledge,” continued Minister Galletti. “This is especially true of our geothermal energy experience, having developed the first-ever geothermal energy production plant in Lardarello, Tuscany,” he concluded.

“Globally, geothermal energy remains largely untapped despite its huge potential for low-carbon power generation and direct use in heating and cooling,” said Mr. Adnan Z. Amin, IRENA Director-General. “Right now we may only be harvesting six per cent of proven geothermal energy potential, meaning the sector represents a significant opportunity to decarbonise the energy system and drive economic growth in the 90 countries with proven resources.

“This Global Geothermal Alliance ministerial is a milestone that, in the strongest possible terms, demonstrates renewed will to unlock the potential of geothermal and reinforce the importance of its deployment to the global energy transition,” concluded Mr. Amin.

The conference will attract more than 200 attendees who will hear global government and business leaders discuss the challenges and opportunities associated with scaling-up geothermal energy. In particular, the meeting will focus on identifying the mechanisms required to de-risk geothermal investments, creating regulatory consistency and pathways to strengthen institutional and human capacity within the sector.

Launched in 2015 at COP21 in Paris, the GGA is an inclusive multi-stakeholder platform of public, private, intergovernmental and non-governmental actors committed to scaling up geothermal energy deployment worldwide. Its membership is composed of 42 countries, and 29 partner institutions, including multilateral organisations, development partners, international and regional organisations, global financial institutions and the private sector.

The Alliance aims to enhance multilateral efforts towards a more favourable environment to achieve a 500 per cent increase in global installed capacity for geothermal power generation and a 200 per cent increase in geothermal heating by 2030.

Geothermal energy is energy in the form of heat within the sub-surface of the Earth that is carried up to the surface as water and/or steam. Depending on its characteristics, geothermal energy can be used to generate clean electricity, or in direct use applications such as heating, cooling, the agribusiness and in industrial applications, to name a few.

The environmental footprint of geothermal energy is negligible and its predictability and reliability make it a significant contributor to decarbonisation of the global energy system, while increasing security of supply, and boosting local economic development.

IRENA is mandated to be the global hub for renewable energy cooperation and information exchange by 152 Members (151 States and the European Union). 28 additional countries are in the accession process and actively engaged. IRENA promotes the widespread adoption and sustainable use of all forms of renewable energy, in the pursuit of sustainable development, energy access, energy security and low-carbon economic growth and prosperity.

October 17th 2017
Grids Integration, Energy Networks Boosted By Distributed Generation Growth

Renewable energy has continued to develop at ever increasing rates, with remarkable growth seen since the start of this decade. The pace of the energy transition is driving innovation and growth in related sectors. For energy networks and grids integrating small gas turbines, micro-turbines, fuel cells, biomass, small hydropower, wind and solar energy; distributed generation installation provides significant solutions in the restructured electricity regime. This is particularly so, where there is a larger uncertainty in demand and supply.

September 15th 2017
Ministerial Meeting Gathers in Italy To Scale-Up Geothermal Energy Worldwide 

Leaders and ministers from more than 25 governments will meet in Florence, Italy on 11 September, to accelerate the global adoption of geothermal energy. The Global Geothermal Alliance (GGA) meeting is the largest such ministerial gathering dedicated to geothermal energy development. Geothermal energy today accounts for just 0.3 percent of globally installed renewable energy capacity. However – once start-up costs are met – it is one of the lowest-cost and most reliable renewable energy sources available. The global potential for geothermal is estimated to be in the region of 200 GW.

October 16th 2017
Uganda Inaugurates Breakthrough Tororo PV Plant. A Future Model For Africa?

Production has commenced at the Tororo PV power plant; which, with 16 GWh of renewable energy generated annually, will cater for the energy requirements of 35,838 people and help reduce CO2 emissions by 7,200 tons. Overall, $19.6 million was invested to build the 10 MWp plant, with the engagement of several major organisations including KfW and FMO Development Banks, the World Bank and the EU. Attilio Pacifici, EU Ambassador said, “One of the key objectives of this plan is to encourage private sector participation in higher risk investments and we’re happy to demonstrate that Uganda is well positioned to be successful and a good model for replication.”

October 2nd 2017
Wind Energy Has The Potential To Provide 30% Of Europe’s Power By 2030

Wind energy has the potential to provide up to 30% of Europe’s power by 2030 according to reports by WindEurope. These state that Europe is on course for an average installation rate of 12.6 GW per year in the years up to 2020, taking it to a total of 204 GW by 2020. By this date wind would be Europe’s largest renewable energy source, surpassing hydro and providing 16.5% of it’s electricity demand. The growth is concentrated in six countries, with Eastern Europe, a platform for growth beyond 2020.


 

   

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