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Developmental Barriers vs. Policy Incentives in Geothermal Power

Richard, Christopher

Key words
Geothermal; developmental barriers; energy policy; PTC; RECs; resource risk
Conference
Geothermal Resources Council Transactions
Year
2012
Session
Energy policy; Laws and regulations; Economics; Financing
Language
English

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Abstract

Policymakers and legislators are being encouraged to create and pass policy legislation that supports the specific needs of the geothermal industry. This position has been introduced in research literature in recent years, but there remains a question of what would best serve the geothermal industry. By providing findings from an extensive literature review on the subject, this paper will provide an identification of common barriers to geothermal development. It will also provide a discussion of the gap in contemporary policy applications that supports the need for more geothermal specific incentives when compared with developmental barriers.

Copyright 2012, Geothermal Resources Council. Readers who download papers from this site should honour the copyright of the original authors, and may not copy or distribute the work further without the permission of the original publisher.

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