Paul Corrigan, Mainstream's Head of Corporate Finance presented at the 'Renewable Energy Project Finance' conference. Paul's presentation focused on:
"Funding Project Equity – The Developer’s perspective on how to maximise value:
• Use of Hold Co. Equity vs 3rd party options
• A Build and Hold / IPP Model vs asset disposals
• Emerging markets vs mature
• Changing dynamics / the impact of Yield Cos."
Steps towards blue carbon mitigation under NDCs in Latin America and the Cari...CIFOR-ICRAF
Presented by Marc Dumas-Johansen (Forests and Land Use Specialist - Green Climate Fund) at "Steps towards Blue Carbon mitigation under NDCs in Latin America and the Caribbean - Session 2" on 23 July 2020
Paul Corrigan, Mainstream's Head of Corporate Finance presented at the 'Renewable Energy Project Finance' conference. Paul's presentation focused on:
"Funding Project Equity – The Developer’s perspective on how to maximise value:
• Use of Hold Co. Equity vs 3rd party options
• A Build and Hold / IPP Model vs asset disposals
• Emerging markets vs mature
• Changing dynamics / the impact of Yield Cos."
Steps towards blue carbon mitigation under NDCs in Latin America and the Cari...CIFOR-ICRAF
Presented by Marc Dumas-Johansen (Forests and Land Use Specialist - Green Climate Fund) at "Steps towards Blue Carbon mitigation under NDCs in Latin America and the Caribbean - Session 2" on 23 July 2020
Clean Energy Finance and Investment Roadmap OECD.pdfOECD Environment
Third OECD-DOE Workshop: Unlocking finance and investment in offshore wind power and energy efficiency in public buildings in the Philippines, 6-7 March 2024, Makati, Philippines
OSW ambitions in the Philippines and what it will take to build the first few...OECD Environment
2nd OECD-DOE Clean Energy Finance and Investment Consultation Workshop: Unlocking finance and investment for clean energy in the Philippines, 24-25 November 2022, Bohol, Philippines
Webinar: The business case for CCS in the power industry: a case study of the...Global CCS Institute
Developing the CCS power industry sustainably requires projects to deliver a suitable return on investment, in order to accommodate the risks inherent in the technology. But, the cost of CCS facilities is not yet covered by electricity sales revenue at current wholesale power prices anywhere in the world, nor is it covered by the ability to earn income from avoiding or reducing CO2 emissions. Building a business case for CCS power is therefore a major challenge.
The Global CCS Institute webinar that was held on Monday 22nd July was presented by 2Co Energy, sharing the real-life CCS business case for its CCS project in the UK, the Don Valley Power Project (DVPP). By sharing this information, 2Co Energy, which is known for its belief in the contribution CO2 Enhanced Oil Recovery (EOR) can make to enhancing the economics of CCS, will present practical information that can be of use to other CCS practitioners as they develop their own business cases for CCS around the world.
The webinar covered the following topics:
A brief overview of 2Co and its CCS project in the UK, DVPP
A brief summary of existing business case studies made by other Members of the Institute, highlighting what was considered most important by them
The market and regulatory context for CCS faced by DVPP and other projects in the UK
The financing challenge that 2Co faces and the resulting financing strategy
The resulting business plan, including revenue and cost profiles, sensitivities and prospects for future cost reduction
Key risks to the project and mitigation plans.
The webinar will be of interest to CCS business developers, commercial professionals, policy makers, and regulators with an interest in enabling a CCS power industry.
World Bank Group’s Support to Renewable Energy DevelopmentMirzo Ibragimov
On 5-6 December, Tashkent hosted a workshop on renewable energy (RE) policy development jointly organized by the Government of Uzbekistan and the World Bank Group (WBG) in partnership with the International Renewable Energy Agency (IRENA). The presentation was delivered during the above-mentioned event.
Philippine Energy Plan: Towards a Sustainable and Clean Energy Future - Felix...OECD Environment
1st Clean Energy Finance and Investment Consultation Workshop: “Unlocking finance and investment for clean energy in the Philippines” 31 May – 1 June 2022, Makati Diamond Residences, Legazpi Village, Makati City
Clean Energy Finance and Investment Roadmap OECD.pdfOECD Environment
Third OECD-DOE Workshop: Unlocking finance and investment in offshore wind power and energy efficiency in public buildings in the Philippines, 6-7 March 2024, Makati, Philippines
OSW ambitions in the Philippines and what it will take to build the first few...OECD Environment
2nd OECD-DOE Clean Energy Finance and Investment Consultation Workshop: Unlocking finance and investment for clean energy in the Philippines, 24-25 November 2022, Bohol, Philippines
Webinar: The business case for CCS in the power industry: a case study of the...Global CCS Institute
Developing the CCS power industry sustainably requires projects to deliver a suitable return on investment, in order to accommodate the risks inherent in the technology. But, the cost of CCS facilities is not yet covered by electricity sales revenue at current wholesale power prices anywhere in the world, nor is it covered by the ability to earn income from avoiding or reducing CO2 emissions. Building a business case for CCS power is therefore a major challenge.
The Global CCS Institute webinar that was held on Monday 22nd July was presented by 2Co Energy, sharing the real-life CCS business case for its CCS project in the UK, the Don Valley Power Project (DVPP). By sharing this information, 2Co Energy, which is known for its belief in the contribution CO2 Enhanced Oil Recovery (EOR) can make to enhancing the economics of CCS, will present practical information that can be of use to other CCS practitioners as they develop their own business cases for CCS around the world.
The webinar covered the following topics:
A brief overview of 2Co and its CCS project in the UK, DVPP
A brief summary of existing business case studies made by other Members of the Institute, highlighting what was considered most important by them
The market and regulatory context for CCS faced by DVPP and other projects in the UK
The financing challenge that 2Co faces and the resulting financing strategy
The resulting business plan, including revenue and cost profiles, sensitivities and prospects for future cost reduction
Key risks to the project and mitigation plans.
The webinar will be of interest to CCS business developers, commercial professionals, policy makers, and regulators with an interest in enabling a CCS power industry.
World Bank Group’s Support to Renewable Energy DevelopmentMirzo Ibragimov
On 5-6 December, Tashkent hosted a workshop on renewable energy (RE) policy development jointly organized by the Government of Uzbekistan and the World Bank Group (WBG) in partnership with the International Renewable Energy Agency (IRENA). The presentation was delivered during the above-mentioned event.
Philippine Energy Plan: Towards a Sustainable and Clean Energy Future - Felix...OECD Environment
1st Clean Energy Finance and Investment Consultation Workshop: “Unlocking finance and investment for clean energy in the Philippines” 31 May – 1 June 2022, Makati Diamond Residences, Legazpi Village, Makati City
Dian Lestari, BFK, Ministry of Finance - Green Finance Facility to Support Cl...OECD Environment
Presentation by Dian Lestari, BFK, Ministry of Finance - OECD Focus Group Discussion: Developing a green finance facility to catalyse private investment, 27 October 2020
Green Hydrogen Deployment Policy Frameworks.pptxrmarkets15
Accelerating the production and use of green hydrogen—hydrogen produced by electrolysis and using renewable energy sources—requires the development of legislative frameworks for its deployment. Governments and international organizations create these frameworks to offer direction and inducement to businesses and investors to fund and advance green hydrogen technology.
A Public Private Partnership Approch to Climate FinanceAldo Baietti
The detrimental effects of climate change are growing, yet investments in clean technologies are still grossly insufficient, making it necessary to re-think how these projects should be evaluated, structured and financed in order to render them viable and attractive opportunities to polluting alternatives. Existing approaches lack key features in order to adequately address the key financing challenges of these investments, and do not utilize public support to its maximum effectiveness. The international community is essential in resolving this financing challenge, and host governments need to create an environment that levels the playing field for green investments vis-à-vis their conventional alternatives. The Green Infrastructure Finance Framework places clean investments in a commonly understood framework of structured finance with public finance components, as in many hybrid PPPs. The framework includes four
main elements: (i) a viability gap methodology for evaluating, structuring and equitably allocating financing responsibilities to different private and public parties; (ii) linkage to a country’s PPP’s procurement and regulatory framework along with an MRV component for ensuring the service obligations of projects; (iii) measures for addressing the adequacy of the climate for these investments; and (iv) a financing and advisory interface for allocating a wide variety of public sources of financing in a coherent fashion.
Challenges and best practices in financing to accelerate industry decarbonisa...OECD Environment
"Challenges and best practices in financing to accelerate industry decarbonisation", OECD Series of Webinars on low carbon hydrogen and industry decarbonisation, 14 June 2023
CCCXG Global Forum March 2017 CIF experience in financing long-term low GHG ...OECD Environment
CCCXG Global Forum March 2017 CIF experience in financing long-term low GHG emission development strategies and enhancing climate resilience by Chris Head
Patent counts and statistics have for a long time been regarded as one of the main indicators of technical innovation and progress lead by such innovation.
The Icelandic Geothermal Cluster decided last year to conduct a study on the landscape of patents in the geothermal sector with the purpose to aid and support constructive discussion about the Icelandic geothermal innovation development.
Lead by Arnason Factor
A1 Winning Public Acceptance: Preparation of Geothermal Sustainability Asses...Iceland Geothermal
Sigurdur St. Arnalds - Senior Energy Advisor, Mannvit
IGC 2018 - Breaking the Barriers
The 4th Iceland Geothermal Conference will be hosted in Iceland in April 2018. The conference offers an in-depth discussion of the barriers that hinder development of the geothermal sector and how to overcome them. It also focuses on the business environment through three separate themes: vision, development, and operations. Having established itself as an important regular conference of the international community, IGC 2018 brought together more than 600 participants from 40 countries from around the world.
The 4th Iceland Geothermal Conference will be hosted in Iceland in April 2018. The conference offers an in-depth discussion of the barriers that hinder development of the geothermal sector and how to overcome them.
Anca Timofte, Team Leader Process Engineering, Climeworks.
Iceland Geothermal Conference 2018 - Breaking the Barriers
24 - 27 April, 2018, Harpa, Reykjavík
C4 - Opportunities to develop low-enthalpy geothermal project in MexicoIceland Geothermal
Héctor Aviña Jiménez, PhD, Project manager and coordinator iiDEA Group of the Institute of Engineering, UNAM Mexico.
Iceland Geothermal Conference 2018 - Breaking the Barriers
24 - 27 April, 2018, Harpa, Reykjavík
C4 - Lithium recovery from high temperature geothermal brines.Iceland Geothermal
Dr. Preston McEachern, CEO & Founder, PurLucid Treatment Solutions.
Iceland Geothermal Conference 2018 - Breaking the Barriers
24 - 27 April, 2018, Harpa, Reykjavík
Souheil Saadi, Business Development Manager at Haldor Topsoe A/S.
Iceland Geothermal Conference 2018 - Breaking the Barriers
24 - 27 April, 2018, Harpa, Reykjavík
John O’Sullivan, Geothermal Institute, University of Auckland, New Zealand.
Iceland Geothermal Conference 2018 - Breaking the Barriers
24 - 27 April, 2018, Harpa, Reykjavík
C3 - Production and reinjection at Hellisheiði: Holistic approachIceland Geothermal
Marta Rós Karlsdóttir, Managing Director of Natural Resources
at ON.
Iceland Geothermal Conference 2018 - Breaking the Barriers
24 - 27 April, 2018, Harpa, Reykjavík
C2 - Managing Silica Deposits in Geothermal: Pros & Cons of pH Mod vs. Silica...Iceland Geothermal
Jasbir S Gill, Ph.D., Gregory jacobs, and Javier Florencio, Nalco Water.
Iceland Geothermal Conference 2018 - Breaking the Barriers
24 - 27 April, 2018, Harpa, Reykjavík
C2 - BINARY POWER PLANTS FOR HIGH-ENTHALPY WELL-HEAD GENERATIONIceland Geothermal
Joseph Bonafin, Turboden, Sales and Business Development Manager - Geothermal.
Iceland Geothermal Conference 2018 - Breaking the Barriers
24 - 27 April, 2018, Harpa, Reykjavík
Dr. Jürgen Peterseim, Director Strategy & New Products at ERK ECKROHRKESSEL GMBH.
Iceland Geothermal Conference 2018 - Breaking the Barriers
24 - 27 April, 2018, Harpa, Reykjavík
C1 - STATUS OF GEOTHERMAL DEVELOPMENT IN MENENGAI AND BARINGO- SILALI PROJECTSIceland Geothermal
Eng. Johnson. P. Ole Nchoe, Managing Director & CEO, GDC.
Iceland Geothermal Conference 2018 - Breaking the Barriers
24 - 27 April, 2018, Harpa, Reykjavík
C1 - Financing Geothermal Development: Overview, Challenges and opportunities...Iceland Geothermal
Trend Philipp, Regional Director, Americas Member of the Board Reykjavik Geothermal.
Iceland Geothermal Conference 2018 - Breaking the Barriers
24 - 27 April, 2018, Harpa, Reykjavík
Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
2. ODDEG
The GoDj Recognized that;
❖ Geothermal will play a leading role; transform the
country into a green economy.
❖ A first successful geothermal project in Assal can be
replicated in other potential areas in the country.
❖ Geothermal development stands to benefit from
blending of concessional, climate change finance and
private sector investments.
❖ Will help achieve a transformative impact when
properly used for power generation and direct use.
❖ High up-front investment costs associated with high
geothermal development resource risk can hinder fast
development of this resource unless addressed.
Government Policy
3. ODDEG
Recognized;
❖ There was lack of capital risk insurance for private sector
investment
❖ Lack of specific laws and regulations governing geothermal
resources
❖ Lack of geothermal equipment and resources for applied
research and development
❖ Low awareness and limited information about geothermal
energy, estimated ressource potential and available
technologies
❖ There was need to form ODDEG an SPV to develop
strategies that will establish the geothermal potential,
identify targets and define clear implementation and
investment plans for accelerated development
Government Policy
4. ODDEGODDEG Mandate
4
❖Remove upfront risks and reduce costs
• Help the government to think (develop strategies)
• infrastructure, surface exploration and drilling
Upfront Risks
and Costs
❖Promote direct uses of geothermal
• Industrial process heat, floriculture,
aquaculture and others
Direct Use
❖Develop human capacity
• Train a core team and manage public resources
• Provide capacity base to support a dynamic industry
Capacity
Development
❖Support GoD in fund mobilization
• Technical input -policies, strategies and regulations
• Develop projects to a bankable stage (feasibility)
• Engage Investors and assess investment appetites
Funding
❖Support Private Sector entry
• Handle land and community issues
• Facilitate local licensing
• Evaluate and recommend technologies to IPP’s
• Facilitate 250MW by ODDEG/IPP 2027
Power Plant
6. ODDEGCritical Considérations
❖ There’s strong interest from donors in supporting
green energy -geothermal development in Africa
❖ Need to diversify financing and optimize
complementarity between investors/donors to leverage
existing resources
➢ Grants from donors for early stages to demonstrate
potential (site identification, resource exploration
drilling), feasibility studies, capacity building
➢ Concessional loans for public investment
❖ Private sector involvement to speed-up development
❖ Encourage non-traditional geothermal investors
❖ Risk mitigation/insurance instruments for early stages
8
7. ODDEGDevelopment Model – Option I (Galla Le Koma)
ODDEG
INFRASTRUCTURE AND EXPLORATION
DRILLING
APPRAISAL AND PRODUCTION
DRILLING
FEASIBILITY STUDY
PRODUCTION DRILLING AND
CONSTRUCTION OF STEAM GATHERING
SYSTEM
CONSTRUCTION & OPERATION OF
POWER PLANT
ODDEG
Sale of steam
ENVIRONMENTAL IMPACT ASSESSMENT AND ENVIRONMENTAL
MANAGEMENT PLAN
ODDEG
EPC
8. ODDEGDevelopment Model – Option II (NORD Goubhet)
IPP 80%, ODDEG 20%
INFRASTRUCTURE AND EXPLORATION
DRILLING
APPRAISAL AND PRODUCTION
DRILLING
FEASIBILITY STUDY
PRODUCTION DRILLING AND
CONSTRUCTION OF STEAM GATHERING
SYSTEM
CONSTRUCTION & OPERATION OF
POWER PLANT
IPP
Sale of steam
ENVIRONMENTAL IMPACT ASSESSMENT AND ENVIRONMENTAL
MANAGEMENT PLAN/IMPLEMENTATION
IPP/ODDEG
EPC
9. ODDEGDevelopment Model – Option III (Fiale)
ODDEG (20-40%)
INFRASTRUCTURE DEVELOPMENT/
EXPLORATION DRILLING
APPRAISAL DRILLING AND
FEASIBILITY STUDY
PRODUCTION DRILLING
CONSTRUCTION AND MANAGEMENT OF
STEAM GATHERING SYSTEM
CONSTRUCTION & OPERATION OF
POWER PLANTIPP
Sale of steam
ENVIRONMENTAL IMPACT ASSESSMENT AND ENVIRONMENTAL
MANAGEMENT PLAN
ODDEG & JDP
ODDEG
Joint
Development
partner (60%)
11. ODDEGInstitutional challenges
❖ Creation of a special purpose dedicated Geothermal
development entity - ODDEG
➢ ODDEG has been fully mandated by the Government
❖ ODDEG was granted independence
a) Specific Geothermal Act with it’s regulations
b) Effective delegation of authority with defined roles
c) Empowered to make operational decisions
d) Reporting periodically to a parliamentary committee
❖ Strong Government financial commitment
❖ Choice of PPP structure was determined by and aligned
with a sector-wide strategy and policy
❖ The sector-wide strategy is aligned to the East African
power pool (EAPP).
❖ The strategy clearly defines the public and private roles
❖ The PPP is structured to also benefit from Funds & market
size under a single window within EAPP.
12. ODDEGCommercial Challenges
❖ Projects to be based on long term contracts
a) Long term contracts to manage commercial risk
(At least 25 years)
b) Project design to emphasize financial sustainability
instead of low tarrif
c) Structured as predictable commercial contracts
d) A successfully implimented contract is incentive
❖ Early negotiation of commercial contracts
a) Contracts to be negotiated after feasibility report
b) Negotiations to be driven by the Investor, ODDEG
(Sponsor) and EDD (Off-taker)
c) Government to stay at arms length and only give
support through quarantee
d) Transparency is important to all contracts
13. ODDEGCommercial Challenges
❖ Various tools available for supporting investment in
geothermal
a) Reducing up-front costs (grants for research, drilling and
demonstration, investment tax incentives)
b) Increasing financial returns (production tax incentives,
reducing cost of licensing)
c) Reducing risks (drilling risk insurance schemes, risk
mitigation funds, feed-in-tariffs, guarantees, provision of
data from surface exploration and drilling performed by
government agencies)
❖ National energy policies, established pricing of energy/FiT,
credit risk/cost of capital, political stability
❖ Constituted a Geothermal Advisory Group that increases
confidence and helps to reduce risk perception/premium
❖ Cost based pricing and established a minimum/Maximum
ROE for investors
9
15. ODDEG
The government of Djibouti has expressed interest in developing 250MW of geothermal
Power within the next 10 years. However, the government recognizes the existence of
some challenges/barriers to fast tracking the development of this resource.
These include:
a. Absence of a clear, legislation and regulatory framework to attract finance and
private developers in terms of Public Private Partnership (PPP)/Independent Power
Producers (IPP)
b. Although ODDEG was formed to FastTrack geothermal resource development,
there’s need for alignment and clarity in the roles and responsibilities in the
geothermal development framework
c. Lack of skilled manpower and equipment
The Need for an aligned Regulatory framework
16. ODDEGCritical Considérations
Through ODDEG, the government plans to attract as many experienced and
financially capable private developers and financiers as possible to be
involved in geothermal power development.
This requires ODDEG to;
a. Engage with stakeholders and actively market Djibouti’s geothermal
resources as a competitive source of Power and direct use
b. Support the Government’s effort to attract funding and investment in
Geothermal Energy for rapid development.
c. Champion and hold the custodial responsibility of ensuring a viable and
holistic geothermal resources development model is implemented.
d. Assist the industry to attain financial sustainability through prudent
financial mobilization and management
e. Build a strong Human Resource capability that will sustain a robust
geothermal industry in the country.
8
17. ODDEGEXPECTED OUTPUT
Timeframe for the consultancy is 6 months
The following draft report will be the expected from this assignment:
1) Assessment of the baseline geothermal industry regulatory status;
2) Draft geothermal bill;
3) Draft geothermal rules, regulations and guidelines;
4) Draft re-alignment of the geothermal institutional framework;
5) Draft implementation strategy of the regulatory framework and
guidelines
18. ODDEGCommercial Challenges to be Addressed
❖ Established specific laws and regulations for geothermal addressing
a) Authority issuing licenses for exploration and development of geothermal
b) Systems and procedures of licensing (scope and duration)
c) Ownership of steam resources
d) Fees and liabilities for extraction of geothermal resources
e) Steam sales Agreements
❖ Ensure consistency/sufficient provisions in other related laws and
regulations
a) Links mainly with Energy, Environmental management, Mining and
Groundwater laws
b) Legislation on land ownership, natural resource management, building
legislation, investment, etc.
❖ Deal with other bottlenecks limiting investment
a) Transparent procurement procedures and rules
b) Customs and tax laws and procedures
c) Reliable measure for PPAs
d) Sovereign or any other form of guarantees
e) Partial risk Guarantee(PRG), Risk Mitigation funds (RMF)
❖ Building capacity to establish a regulatory framework but also for
monitoring and enforcement
❖ Included geothermal in national energy development plans
❖ Establish Policy on managing community issues in line with conventions.
8
19. ODDEGGeothermal Energy
Djibouti Geothermal Sites
8
Geothermal sites
1. Lake Abhe 12. Nord Ghoubbet (Afaî-Bolli Daar)
2. Sakalol 13. NE Ghoubet (Assa Foo)
3. Arta 14. Modayto (N Gaggade)
4. Asal Fialé 15. Obock
5. Asal gale-le-koma 16. Okililaeou (SE Gaggade)
6. Balho 17. PK 20-Ambado
7. Daggadé (W hanlé) 18. Roueli
8. Dimbir-Didir (W Gaggade) 19. Sakalol
9. Garabayyis ( E Hanlé) 20. Tadjoura
10. Karapti-san 21. Agna-Galafi (NW Hanlé)
11. Manda Inakir 22. Sud Est Ghoubbet
1000
MW
22. ODDEGGeothermal Energy
Djibouti Geothermal Sites
8
Geothermal sites
1. Lake Abhe 12. Nord Ghoubbet (Afaî-Bolli Daar)
2. Sakalol 13. NE Ghoubet (Assa Foo)
3. Arta 14. Modayto (N Gaggade)
4. Asal Fialé 15. Obock
5. Asal gale-le-koma 16. Okililaeou (SE Gaggade)
6. Balho 17. PK 20-Ambado
7. Daggadé (W hanlé) 18. Roueli
8. Dimbir-Didir (W Gaggade) 19. Sakalol
9. Garabayyis ( E Hanlé) 20. Tadjoura
10. Karapti-san 21. Agna-Galafi (NW Hanlé)
11. Manda Inakir 22. Sud Est Ghoubbet
1000
MW
23. ODDEGGeothermal Energy
TIME SCHEDULE FOR SURFACE STUDIES
8
YEAR
ACTIVITY
2018 2019 2020 2021 2022
Surface Study : Arta, NE-Ghoubbet and SE-Ghoubbet
Complementary surface study : North Ghoubet and North-West Assal
Surface Study : Dimbir-dirdir, Daggadé, Okililaeou and Agna
Complementary surface study : Obock
Surface Study Site : Tadjourah and Roueli
Surface Study : Karapti-San and Balho
Surface Study : Manda-Inakir and Modayto
24. ODDEGGeothermal Energy
TIME SCHEDULE FOR DRILLING
8
YEAR
ACTIVITY
2018-2019 2019-2020 2020-2021 2021-2022
Drilling and tests : Asal-Fiale and Gale le Coma
Well drilling program of geothermal gradient and slim hole : PK20-
Ambado
Drilling and tests : Arta, Nord-Ghoubbet, Assal-Ouest and
Garrabayis
Drilling and tests : Dimbir-dirdir, Daggadé,
Okililaeou and Agna
Drilling and tests : Obock, Tadjourah and Balho
25. ODDEG
Conclusion
Progress has been made mainly through:
❖ Government commitment on development of:
a. Policies and regulatory framework;
b. A dedicated entity (ODDEG) to facilitate investment in Geothermal;
c. A clearly defined investment tax regime;
d. Registered with AUC for commercial risk mitigation measures for the investor (GRMF and
other risk guarantees)
e. Different form of guarantees
❖ Financing arrangements:
a. Being developed that will be responsive to the country needs.
b. Have included capacity building in all funding arrangements
c. Emphasize technologies that reduce development time with added direct benefits to local
communities and the environment.
❖ Develop human capacity
a. 40 young engineers and technician have been trained
b. Provide capacity base to support a dynamic industry