2 nd Annual Meeting Global Geothermal Alliance. 18 January 2017, Abu Dhabi
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1 2 nd Annual Meeting Global Geothermal Alliance 18 January 2017, Abu Dhabi
2 Strong Commitment to GGA GGA MEMBER COUNTRIES - 41 COUNTRIES ACCROS THE GLOBE AMERICAS / CARIBBEAN Bolivia Chile Colombia Costa Rica Ecuador El Salvador Guatemala Honduras Mexico Nicaragua Peru Saint Vincent & Grenadines USA IDB OAS US Geothermal Association Canadian Geothermal Association EUROPE France Iceland Italy Netherlands Poland Romania Switzerland Turkey GLOBAL IRENA International Geothermal Association IsDB UNEP WB ESMAP Nordic Fund European Geothermal Energy Council German Geothermal Cluster Iceland Geothermal Cluster AFRICA Burundi Comoros Djibouti Egypt Kenya Tanzania Uganda Zambia Zimbabwe AfDB AUC EAPP NEPAD RCREEE SAPP ASIA India Indonesia Malaysia Pakistan Philippines PACIFIC / OCEANIA Fiji New Zealand Papua New Guinea Solomon Islands Tonga Vanuatu SPC GGA PARTNER INSTITUTIONS - 14 REGIONAL & DEVELOPMENT PARTNERS, 7 INDUSTRY PARTNERS, AND 6 RESEARCH INSTITUTIONS AND ACADEMIA 2
3 GGA Activities 2016 GGA Presentation (GEA International Showcase - DC) GGA Action Plan Adopted (IRENA 11 th Council) 20 Applications Received GGA Session (UNGA New York) Applications Circulated to GGA GGA Presentation (Iceland Geothermal Conference - Reykjavik) 1 st Call for Proposals Launched GGA Session (Journées Européennes de la Géothermie - Strasbourg) GGA Session (GEA Expo / GRC Annual Meeting - Sacramento) 2 nd Annual Meeting
4 GGA Action Plan Priority Action Areas Resource and Market Assessment Needs and Obstacles Assessment Enabling Frameworks Networking and Outreach
5 GGA Action Plan (1) Resource & Market Assessment Identification and mapping of resources for development enrichment of the geothermal datasets in the IRENA Global Atlas FRANCE Voluntary Contribution to IRENA 5
6 GGA Action Plan Action Areas 2 & 3 Action Area 2: Needs and Obstacles Assessment GGA 1 st Call for Proposals for Activities IRENA Tools Action Area 3: Enabling Frameworks IRENA Regional Capacity Building
7 Activity proposals Types of Requests Types of Applicants 1 Techical assistance 7 Capacity Building 12 Access to financing International outreach for partnerships Governments Industry International Organizations
8 Activity proposals Canada Europe Pakistan USA Caribbean Egypt Uganda Kenya Tanzania Comoros Indonesia Papua New Guinea Pacific Zimbabwe Namibia 8
9 Global and Regional Creation of a global guarantee fund to mitigate geothermal exploration risk Development of a best practices guide for geothermal drilling operations Development of global best practices for geothermal industry Organization of a GGA event at the GEA GEOEXPO+ Caribbean: Creation of a geothermal Centre of Excellence North America: Development of temperaturedepth-maps Europe: Geothermal energy in agroindustrial sectors Pacific: Geothermal energy capacity building programme 9
10 Country of Activity Proposals Submitted / Supported by the GGA Member Country Governments Comoros Egypt Indonesia Pakistan Papua New Guinea Tanzania Uganda Uganda Zimbabwe Canada Kenya Namibia Access to financing for exploratory drilling of three wells in the Karthala geothermal prospect TA and CB for legal, financial and technical framework of the geothermal market development and development of a geothermal atlas for Egypt TA and CB for the development of geothermal direct use applications TA for resource assessment for geothermal power generation; access to financing for feasibility study for two sites; CB of geothermal related authorities TA and CB of the Mineral Resources Authority; access to financing for continuation of the geothermal resource mapping programme TA and CB for a feasibility study for integrated direct use applications in Songwe geothermal prospect; access to financing for subsequent project development TA and CB for the enhancement of technical competence and professional capability of geothermal expertise TA for strengthening enabling frameworks for investment and sustained impact on fostering geothermal deployment TA to evaluate the identified geothermal hot spring sites; access to financing for the early stage resource assessment Submitted / Supported by the GGA Partner Institutions Access to financing for a pilot project for the conversion of an abandoned oil well to a geothermal well Access to financing for funding the corrective actions required on the two exploratory drilling wells and production wells Access to financing for resource assessment at Ganigobes area and advisory on further project 10 preparations
11 IRENA Tools Enrichment of the geothermal datasets Project initiation, development and access to financing Project development tools (geothermal energy component) IRENA-ADFD RE Project Financing Facility Geothermal Technical Brief
12 IRENA Capacity Building Geothermal capacity building in the Pacific Legal and Regulatory Frameworks - Peru workshop (Nov 2013) - Geothermal policy & regulation report Technical Environmental Licensing & Reservoir Modelling - Chile workshop (May 14) Finance and Risk Mitigation - Colombia workshop (Sep 15) Geothermal Skills Needs Assessment Methodology Geothermal financing and risk mitigation in East Africa Geothermal capacity building in Central America
13 GGA Action Plan Action Area 4: Network and Outreach GGA Presentation (GEA International Showcase - DC) GGA Action Plan Adopted (IRENA 11 th Council) 20 Applications Received GGA Session (UNGA New York) Applications Circulated to GGA GGA Presentation (Iceland Geothermal Conference - Reykjavik) 1 st Call for Proposals Launched GGA Session (Journées Européennes de la Géothermie - Strasbourg) GGA Session (GEA Expo / GRC Annual Meeting - Sacramento) COP22 Marrakech 2 nd Annual Meeting
14 GGA Action Plan Action Area 4: Network and Outreach Reports Disseminated: GGA website under development! Comparative Analysis of Approaches to Geothermal Resource Risk Mitigation (WB-ESMAP) Unlocking Renewable Energy Investment: The role of risk mitigation and structured finance (IRENA) Greenhouse Gases from Geothermal Power Production (WB-ESMAP)
15 THANK YOU. Gurbuz Gonul Senior Programme Officer Regions
16 Operationalizing the GGA Action Plan Call for proposals for implementation under Action Plan Test proposals against selection criteria Short list qualified proposals 1 st Call for Proposals Launched in June applications received from governments, industry, IO Invite Members and Partners to support and fund Selection Criteria National commitments Near-term impacts Long-term sustainability Complementarity Replicability Team 1 Team 2 Team X Establish Task Teams 16
17 IRENA s Role in the GGA GGA Coordinator and Facilitator Advocacy at energy and climate platforms Geothermal as part of decarbonisation strategy Effective communication to increase visibility (website, newsletter, networking) Administrative and substantive support Development of GGA Action Plan Call for Proposals process Organization of the GGA meetings Facilitate knowledge and information exchange
18 IRENA s Finance Tools relevant to Geothermal Access to financing and risk mitigation instruments Project development tools (geothermal energy component) IRENA-ADFD RE Project Financing Facility
19 Unlocking RE Investment Cost-effective doubling of RE share in global energy mix feasible by 2030 RE investments to double over next few years and triple in the 2020s. Most investment from the private sector institutional investors Need to address underlying market barriers and high risk perception Access to effective risk mitigation instruments critical for private investment Five action areas identified to scale up RE investments 19
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