Ecuador Continues Geothermal Exploration

Posted on August 7, 2018 • Filed under: Business, Ecuador / Ecuador with funds from JICA and GDF will advance geothermal exploration in the geothermal fields of Chachimbiro, where temperatures of 235 ° C were recorded in the drilled well, and Chacana, where a series of gradient wells will be made.

At the GEOLAC 2018 Conference, held in Mexico City, on July 17 and 18, the state of the geothermal industry in Ecuador was presented.

The Government has a Master Plan for Electricity, where geothermal energy, along with other renewable energies, is seen as a complement to the country’s hydro power generation and will have special relevance in the periods of low water, in which the production of hydroelectric power plants is reduced. One of the Government’s objectives is to maintain a high share of renewable energies in the electricity generation matrix, which currently has around 90% of renewable energy. During the year, the months from October to March turn out to be the months when water availability decreases, a situation that could intensify with the growth of demand and the effects of climate change. that in recent years have been evidenced by long cycles of drought in the region. Read Full Article

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