The
International Geothermal Association (IGA) – as the international
representation of the global geothermal energy industry – continues its efforts
of promoting geothermal energy and its activities to foster geothermal
development worldwide.
The past few
weeks have been particularly busy. Following the move of the IGA Secretariat
and its operations to Bonn, IGA attended the annual General Assembly of the
International Renewable Energy Agency (IRENA) in January 2019. There IGA
highlighted the important role geothermal energy can play with regards to power
generation, but even more importantly in the supply of a favorable and
sustainable energy solution for heating and cooling, as well in the agri-food
sector.
At the annual
GeoTHERM expo & congress that concluded last week in Offenburg, Germany,
the International Geothermal Association (IGA) shared an update on its
operations and activities during a side event organized jointly by the
International Energy Agency Geothermal Implementing Agreement and IGA. The
presentation highlighted IGA’s recent activities on the introduction, promotion
and training on the UNFC Geothermal Resource Specifications, including
workshops held in Indonesia, St Lucia in the Caribbean and Ethiopia, as well as
general activities aimed to foster geothermal development worldwide.
At the
GeoTHERM congress, IGA’s President Alexander Richter gave a keynote
presentation sharing a status report on geothermal development today and an
outlook into the future.
Today, geothermal
power is generated in 27 countries with a total installed geothermal power
generation capacity of 14,600 MW at year-end 2018. With ongoing development and development
ambitions the number of countries that could be producing geothermal power
could increase to 82 countries.
There
currently is ongoing and planned development of about 15,000 MW in power generation
capacity, which would more than double the current installed capacity.
Estimating development over the next 5 year period, IGA expects development of
around 4,100 MW in capacity, picking up pace compared to the 4,341 MW added in
the time period of 2008 to 2018. Key growth markets are Asia, Africa, Europe
and North America.
It is clear
that support mechanisms introduced by multilaterals, such as the World Bank,
and development banks have been of help for projects getting over the big
hurdles in the early stages of geothermal development, how sustainable that
support is for further development will have to be seen.
So the timing
of IGA’s World
Geothermal Congress 2020 taking place from 27 April to 1 May 2020 in
Reykjavik, Iceland, is perfect to engage the global geothermal energy community
to discuss challenges and opportunities, while also highlighting what has been
achieved.
To help set
the global agenda, the IGA has opened the Expression of Interest (EoI) for
hosting the World Geothermal Congress in 2023. More information can be found on
our website
where the EoI can be downloaded. Deadline for submitting the EoI is April 30,
2019.
IGA now also seeks
nominations for its Board positions. Affiliated
and individual members are kindly invited to forward their nominations for
Board term 2020- 2023. The deadline for receiving nominated candidates is April
16, 2019.
IGA website: www.lovegeothermal.org
Website of the World Geothermal Congress 2020: www.wgc2020.com
Social Media handles: @lovegeothermal
Media Contact:
Dr. Marit Brommer, Executive Director
E-mail: marit@lovegeothermal.org
Mobile: +49 (0) 151 5984 3284