Bridging the Geothermal Financing Gap - Mitigating costs & project development risks

摘要

The uncertainty surrounding the success of initial drilling for geothermal reservoirs, combined with substantial drilling costs, makes many potential, good quality geothermal projects difficult to finance. Developers and investors are all too keenly aware that many geothermal projects might never even get off the ground, never mind ultimately produce sufficient power. Lenders are often unwilling to lend, and developers often have insufficient equity to even begin the geothermal drilling and testing process.