New legislation to ease geothermal investment submitted in EthiopiaWell on site of Aluto Langano geothermal plant, Ethiopia (source: ThinkGeoEnergy, creative commons)Carlo Cariaga 11 Apr 2019A new bill drafted by the Ethiopian Energy Authority hopes to boost geothermal development in Ethiopia by easing the registration and licensing processes. Resource classes and stage-wise licensingAccording to the drafted bill, geothermal resources will be classified into two categories depending on their energy capacity. Harnessing the geothermal potential of EthiopiaAccording to estimates from field studies, Ethiopia has the potential to generate up to 10,000 MW of electric power from geothermal sources. However, fifty years of geothermal exploration efforts have only resulted in ten companies receiving development licenses so far. A geological survey of Ethiopia has identified 24 sites across the Rift Valley that have potential for generating geothermal energy.

Source: Ethiopian News April 11, 2019 06:11 UTC