The key change in the law lies on a greater contribution for the local economy, although the central government will take back authority from local administrations to issue exploration rights to investors.
Four new geothermal areas are being considered in the country and they would be exploited through a public-private partnership cooperation. El Salvador wants to achieve 40% of geothermal energy generation from current 24%.
The development objective of the project is to provide support for the Government of Saint Lucia to make an informed decision regarding geothermal exploration and development in Saint Lucia by undertaking upstream preparatory activities.
The state-owned enterprise PT Pertamina has to has to assess the viability of two geothermal plant projects in West Java and Aceh in Indonesia or face loosing around 1 billion IDR for the previous investments due to change in legislation and permits.
The "play fairway analysis" has been used to identify potential locations of blind hydrothermal systems and describe geothermal opportunities. The U.S. Geothermal Technologies Office announced funding of up to $4 million for eleven projects.
Last year, geothermal power electricity-generating capacity grew 3 percent to top 11,700 megawatts across 24 countries, despite the economic crisis; establishing geothermal as a real contender in the green power race.
Following the now complete sale of its geothermal projects to Ormat Nevada, Alternative Earth Resources (formerly Nevada Geothermal Power) is now announcing a focus on pursuing mining project acquisitions and/ or merger opportunities.
The French firm Alstom is interested in participating in projects that were recently released by the Federal Electricity Commission (CFE) as part of the energy reform, but sees risks in payment periods established in the contracts.