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Early bird registration open for Budapest Geothermal Energy Summit, 20 September 2024

ThinkGeoEnergy

The Budapest Geothermal Energy Summit is supported by the European Geothermal Energy Council (EGEC), which drives the EU’s geothermal innovation, policy and development. Industry leaders will lead discussions on the role of geothermal energy in driving sustainable energy solutions forward.

Energy 52
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Contact Energy reevaluating plans for Wairakei geothermal development, New Zealand

ThinkGeoEnergy

New Zealand utility company Contact Energy is currently reevaluating its plans for a new geothermal power plant in the Wairakei field that sought to replace the aging Wairakei A and B geothermal power stations that had been operating since 1958. The commissioning process for this project has already started.

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Pertamina Geothermal enters Indonesia’s LQ45 stock index

ThinkGeoEnergy

PT Pertamina Geothermal Energy (PGEO) is one of four issuers to be newly included in the LQ45 stock market index of the Indonesia Stock Exchange (IDX) in the rebalancing period from 1 February to 31 July 2024. It is trading at IDR 1315 per share as of closing at 29 January 2024. Source: Kontan.co.id

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Obayashi completes 50% acquisition of NZ-based Eastland Generation

ThinkGeoEnergy

“The lead up to the capital raise has seen sustained growth with the generation assets having a value of $4 million in 2010, through to 50% being sold to Obayashi at an enterprise value in excess of $500 million in 2024.”

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Media brief: Geothermal energy and its potential in Canada

Clean Energy Canada

Globally, geothermal energy was responsible for more than 85,891 GWh of power generation in 2017 ( 0.3% Global geothermal capacity is anticipated to grow by 28% by 2024, with Asia responsible for one-third of global expansion. There are two main types of geothermal power facilities.

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Interview – Taiwan at a critical juncture in geothermal development

ThinkGeoEnergy

In recent years, Taiwan has slowly but resolutely built a modest geothermal power sector. In a region dense with volcanic centers and hot springs, there is certainly great incentive to develop this potential t0 be at par with neighboring countries in the Asia and Pacific.