A Regional Blueprint for Geothermal Development in Central America
- Key words
- Legal; Central America; PURPA; Federal law
- Location
- Central America
- Conference
- Geothermal Resources Council Transactions
- Year
- 1985
- Session
- Economics; Financing; Energy markets; Energy policy; Laws an
- Language
- English
Abstract
Planned United States funding of resource assessment studies is expected to enhance the potential for increased geothermal energy production in Central America, a region believed to be rich in untapped geothermal resources. Development of those resources promised to lessen that region's draining reliance on energy imports. To realized that promise, the developing countries of Central America may very well considered foreign direct investment by geothermal explorers, producers, contractors, and equipment suppliers. The United States legal experience suggests that a "regional PURPA" along with flexible export/import policies respecting electricity from geothermal energy, could hasten development of the region's geothermal resources to help meet electricity demand.
Copyright 1985, 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.