Geothermal Energy in South America
North America boasts a much more established geothermal energy landscape compared to South America, with a rich history and diverse range of operational power plant.
In January13, 2024, there are around 100 geothermal power plants scattered across the continent, primarily concentrated in the United States, Mexico, and Canada.
Here’s a breakdown of the installed capacity by country:
United States: The clear leader, the US holds the title of global leader in geothermal electricity production, with a whopping 3,676 MW of installed capacity. California, Nevada, Oregon, Idaho, and Utah are home to the majority of these plants, leveraging the abundant geothermal resources found in the “Basin and Range” geologic province.
Mexico: Following closely behind, Mexico possesses around 1,021 MW of installed geothermal capacity. The “Domo San Pedro Geothermal Project” in Nayarit, recently completed in 2023, is a noteworthy example of the country’s commitment to expanding its geothermal footprint.
Canada: While still in its early stages of development compared to its neighbors, Canada has around 270 MW of installed geothermal capacity. Provinces like British Columbia and Alberta hold great potential for future geothermal projects.
These figures represent nameplate capacity, which refers to the maximum theoretical output of a power plant. The actual electricity generation can vary depending on factors like operational conditions and geothermal resource characteristics.
Here are some of the largest geothermal power plants in North America:
- The Geysers (California, USA): 1,919 MW
- Coso (California, USA): 280 MW
- Brady-Desert Peak (Nevada, USA): 347 MW
- Dixie Valley (Nevada, USA): 84 MW
- Hell’s Kitchen (California, USA): 40 MW (under construction)
The future of geothermal energy in North America looks promising, with ongoing research and development efforts aimed at enhancing the efficiency and cost-effectiveness of this clean and renewable energy source. Additionally, supportive government policies and increasing public awareness about the benefits of geothermal power are contributing to a brighter outlook for this sector.
Table of Geothermal Energy in South America by Country
Geothermal Energy in South America by Country (as of January 13, 2024)
Country | Installed Capacity (MW) | Operational Plants | Projects in Development | Notes |
---|---|---|---|---|
Chile | 81 | ✔️ Cerro Pabellón | El Loa, Coyanco, Puchuldiza | First operational plant in South America |
Argentina | 0 | ❌ | Copahue (160 MW) | High geothermal potential, regulatory challenges |
Bolivia | 0 | ❌ | Laguna Colorada (5 MW) | Early exploration stage, low capacity potential |
Brazil | 0 | ❌ | Brauna, Pipa Nativa | Early exploration stage, limited resources |
Colombia | 0 | ❌ | Paipa, Cerro Tatara | Exploration and drilling stages, potential for medium-scale projects |
Ecuador | 0 | ❌ | Chachimbiro (50 MW) | Feasibility studies in progress, potential for small-scale projects |
Peru | 0 | ❌ | Quellopunco, Chivay | Early exploration stage, potential for geothermal tourism |
Note:
- The table only includes countries with known geothermal projects or potential.
- “Projects in Development” refers to projects in various stages, including exploration, feasibility studies, construction, and permitting.
- The installed capacity for countries with no operational plants is 0 MW.
https://www.exaputra.com/2024/01/lansdcape-of-geothermal-energy-in-south.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.”
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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/
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