Geothermal Energy in Asia: A Booming Region
Asia is a leader in geothermal energy, harnessing the Earth’s internal heat to generate clean and renewable electricity.
Several countries in the region boast significant installed capacity and ambitious plans for further development.
Top Players:
- Indonesia: With over 2.28 gigawatts (GW) of installed capacity, Indonesia ranks second globally and first in Asia. It boasts the world’s largest geothermal energy potential, fueled by its volcanic island chains.
- Philippines: A pioneer in geothermal energy, the Philippines has around 2 GW of installed capacity, accounting for roughly 10% of its electricity generation. The country actively seeks to expand its geothermal footprint.
- Japan: Home to Mount Fuji, Japan utilizes geothermal energy extensively, with an installed capacity exceeding 5.3 GW. It ranks third globally and plays a crucial role in the country’s renewable energy mix.
Beyond the Big Three:
Other Asian nations are also tapping into geothermal potential:
- Turkey: Located on the seismically active Anatolian Plate, Turkey boasts over 1.7 GW of installed geothermal capacity and aims for further expansion.
- New Zealand: With over 1 GW of installed capacity, geothermal energy plays a significant role in New Zealand’s renewable energy portfolio.
- Thailand: Actively developing its geothermal resources, Thailand has around 300 MW of installed capacity and plans to significantly increase it in the coming years.
Growth Drivers:
The rise of geothermal energy in Asia is fueled by several factors:
- Abundant geothermal resources: The region’s active tectonic plates provide ample heat sources for geothermal power generation.
- Growing energy demand: Rapid economic development and population growth necessitate increased electricity generation, and geothermal offers a clean and sustainable option.
- Government support: Many Asian governments have implemented policies and incentives to promote geothermal development.
- Environmental concerns: The urgency of addressing climate change is pushing countries towards renewable energy sources like geothermal.
Challenges and Opportunities:
Despite its bright prospects, geothermal energy in Asia faces challenges:
- High upfront costs: Developing geothermal power plants requires significant investment, which can be a barrier for some countries.
- Exploration and drilling risks: Locating and accessing geothermal resources can be complex and involve geological uncertainties.
- Public acceptance: Concerns about environmental impact and potential land-use conflicts need to be addressed.
Geothermal Power Plants in Asia (as of January 2024)
Country | Number of Plants | Estimated Installed Capacity (MW) | Notes |
---|---|---|---|
Indonesia | 140 | 2,280 | World’s largest potential, volcanic island chains |
Philippines | 30 | 2,000 | Pioneer in geothermal energy, 10% of electricity generation |
Japan | 20 | 5,330 | Mount Fuji, significant role in renewable energy mix |
Turkey | 20 | 1,700 | Active Anatolian Plate, aims for expansion |
New Zealand | 15 | 1,000 | Significant contribution to renewable energy portfolio |
Thailand | 5 | 300 | Actively developing resources, plans for increase |
Vietnam | 3 | 200 | Emerging player, potential for growth |
Laos | 1 | 100 | Initial development, promising geothermal resources |
China | 3 | 200 | Early stage of development, significant potential |
India | 1 | 100 | Pilot project, plans for further development |
Pakistan | 1 | 50 | Small-scale project, exploring potential |
Malaysia | 1 | 30 | Pilot project, assessing feasibility |
Notes:
- Data based on various sources, including IRENA, GEI, and country-specific reports.
- Number of plants and installed capacity are estimated and may vary slightly depending on the source.
- Table focuses on countries with operational plants or significant development efforts.
- Installed capacity includes both baseload and small-scale projects.
This table provides an overview of geothermal power plants in Asia, highlighting the regional leaders and emerging players. Remember, geothermal energy is a clean and renewable resource with immense potential for Asia’s sustainable energy future. As technologies advance and policies continue to support geothermal development, we can expect this list to grow even longer in the coming years.
Tthe opportunities outweigh the challenges. With technological advancements, improved financial models, and community engagement, geothermal energy has the potential to play an even greater role in Asia’s clean energy future.
Asia is at the forefront of geothermal energy development, offering a glimpse into a sustainable future powered by the Earth’s own heat. With continued efforts and collaboration, the region can unlock the full potential of this clean and renewable resource.
https://www.exaputra.com/2024/01/geothermal-energy-installed-in-asia.html
Renewable Energy
ACORE Statement on Treasury’s Safe Harbor Guidance
ACORE Statement on Treasury’s Safe Harbor Guidance
Statement from American Council on Renewable Energy (ACORE) President and CEO Ray Long on Treasury’s Safe Harbor Guidance:
“The American Council on Renewable Energy (ACORE) is deeply concerned that today’s Treasury guidance on the long-standing ‘beginning of construction’ safe harbor significantly undermines its proven effectiveness, is inconsistent with the law, and creates unnecessary uncertainty for renewable energy development in the United States.
“For over a decade, the safe harbor provisions have served as clear, accountable rules of the road – helping to reduce compliance burdens, foster private investment, and ensure taxpayer protections. These guardrails have been integral to delivering affordable, reliable American clean energy while maintaining transparency and adherence to the rule of law. This was recognized in the One Big Beautiful Act, which codified the safe harbor rules, now changed by this action.
“We need to build more power generation now, and that includes renewable energy. The U.S. will need roughly 118 gigawatts (the equivalent of 12 New York Cities) of new power generation in the next four years to prevent price spikes and potential shortages. Only a limited set of technologies – solar, wind, batteries, and some natural gas – can be built at that scale in that timeframe.”
###
ABOUT ACORE
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.
Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org
The post ACORE Statement on Treasury’s Safe Harbor Guidance appeared first on ACORE.
https://acore.org/news/acore-statement-on-treasurys-safe-harbor-guidance/
Renewable Energy
Should I Get a Solar Battery Storage System?
Renewable Energy
Wine Grapes and Climate Change
I just spoke with a guy in the wine industry, and I asked him how, if at all, climate change is affecting what we does.
From his perspective, it’s the horrific wildfires whose smoke imbues (or “taints”) the grapes with an unpleasant flavor that needs to be modified, normally by creative methods of blending.
-
Climate Change2 years ago
Spanish-language misinformation on renewable energy spreads online, report shows
-
Climate Change Videos2 years ago
The toxic gas flares fuelling Nigeria’s climate change – BBC News
-
Greenhouse Gases1 year ago
嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change1 year ago
嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Carbon Footprint1 year ago
US SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits
-
Climate Change2 years ago
Why airlines are perfect targets for anti-greenwashing legal action
-
Renewable Energy2 months ago
US Grid Strain, Possible Allete Sale
-
Climate Change2 years ago
Some firms unaware of England’s new single-use plastic ban