Recent Experience with BOO and BOT Geothermal Developments
- Key words
- BOO, BOT, joint operation contract, risk profile
- Location
- Indonesia; Philippines
- Conference
- World Geothermal Congress
- Year
- 1995
- Session
- SECTION 14 - Economics, Financing, Marketing and Training
- Language
- English
- Paper number
- 4-Wheble
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Abstract
Privately funded gcothermal developmenu are becoming the norm in many parts of the world. Two countries in South East Asia, the Philippines and lndoncsia. both of which have large geothermal reserves are aggressively pursuing dcvclopment of these resources. However, they it with two different The Philippines modcl steamfield dcvelopmcnt while the Indonesian model allows a private power developer to have control over the steamfield development as well as power plant dcvelopment. This paper looks at recent Build-Own-Operate (BOO) and (BOT) private power in these two countries. Based on largc number of reputable companies implementing these projects, both models for development appear to be successful.
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