NewEnergyNews: GEOTHERMAL FOR THE CARIBBEAN

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  • First U.S. Ocean Wind

    Friday, November 06, 2015

    GEOTHERMAL FOR THE CARIBBEAN

    Geo Resources are Tremendous, Says Caribbean Roadmap Report

    October 29, 2015 (Geothermal Energy Association)

    “… [Most Caribbean] states possess untapped geothermal resources, which could dramatically change the region by making member states renewable energy exporters, according to the [the Caribbean Sustainable Energy Roadmap and Strategy (C-SERMS) Baseline Assessment and Report. Geothermal energy has been slow to develop there but it offers tremendous opportunities to] the region as a whole if it can benefit from opportunities for interconnection and trade. Investment risks, long lead-times, and economies of scale have hampered geothermal exploration in the Caribbean in the past, but several new initiatives indicate that some [countries are close to overcoming these challenges]…” click here for more

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