How does geothermal energy benefit developing countries?
Kenya, Indonesia, and many Caribbean islands are some of the developing countries that stand to directly benefit from developing their abundant geothermal resources. Geothermal energy can provide answers to infrastructure needs while preserving the cleanliness of these regions.
Many developing countries are seeking energy and economic independence while learning from the lessons, both positive and negative, of the trade and subsidy practices employed by developed nations. Australia, China, Germany, Iceland, Italy, Japan, and the U.S. are some of the more developed countries that are facilitating geothermal development projects around the world. This support includes financing as well as technology sharing, training, and geological surveys.
Indonesia holds about 40% of the world’s known geothermal resources, but has developed very little of this. Since geothermal energy is developed locally rather than extracted and transported around the world, Indonesia could develop its geothermal resources for local use thereby freeing up its portable energy fuels—such as coal and natural gas—for higher mark-up export.
The East African Rift System is another of the world’s largest known geothermal reserves, and energy needs in Africa are a topic of international interest. Biomass production has led to unwanted deforestation, and droughts have made hydropower plants unreliable. Dependence on expensive, imported petro-products and diesel supplies has increased in recent years. The Rift System’s geothermal resources could provide an indigenous generation system with a predictable supply and price for remote locations.
Source: Geothermal Energy Association – Washington DC, US | www.geo-energy.org