The Director of Medco Group, Arifin Panigoro said recently in local news that the potential for geothermal energy in Indonesia is estimated to be around 29,000 MW and could overcome the looming energy crisis Indonesia.
The result of using Supercritical water is radical increase of power output from one geothermal well yet the necessary conditions are very specific and currently only available on selected areas around the world.
KenGen says it has commissioned 140 megawatts of geothermal energy to be fed into the national power grid and it is also planning an ambitious project to build industrial parks by the wellheads to foster new enterprise creation.
The proponents of the geothermal projects are the Energy Development Corporation (EDC) and AP Renewables Inc. (Apri). Of the two proponents, EDC has five projects and Apri has two. Most are in the pre-development stage.
Amendments to Nicaraguan law extend the operating licenses from 25 to 30 years and prolong the extensions from 10 to 30 years; however, the State will have a 10% stake in exploration and exploitation concessions.
The development of new geothermal projects, made available by the recession of the Salton Sea could be the solution for both the environmental disaster and for the regeneration for the economy in the region.