Report on a mission to the Philippines regarding the opportunities for private investment in geothermal power generation

Technical Report · Sat Dec 01 00:00:00 EST 1990

OSTI ID:5536677

The Philippines has a rich potential for geothermal energy development, according to the assessment of opportunities for U.S. private investment in the sector. Areas covered in detail are the Philippines' geothermal resources, the legal structure of the geothermal industry, conditions acting as stimuli to geothermal power generation, and interest in private geothermal investment. Major finding are as follows. (1) The Philippine geothermal power industry is the world's second largest. (2) Geothermal resources are owned by the Government of the Philippines and a complex legal structure governs their exploitation. (3) Since the Philippines is poor in most energy resources (e.g., coal, oil, and gas), use of geothermal energy is necessary. (4) Despite legal and structural obstacles, various foreign private enterprises are interested in participating in geothermal development. Two possible options for U.S. investors are presented: a joint venture with the National Oil Company, and negotiation of a service contract, either alone or with a Philippine partner, for a concession on land administered by the Office of Energy Affairs.

• Research Organization: United States Geothermal Industries Corp., Evergreen, CO (United States)
• OSTI ID: 5536677
• Report Number(s): PB-92-158179/XAB; CNN: AID-LAC-5724-C-00-5126-00
• Resource Relation: Other Information: Prepared in cooperation with Bechtel National, Inc., Arlington, VA. Sponsored by Agency for International Development, Washington, DC. Office of Energy
• Country of Publication: United States
• Language: English

Related Subjects

15 GEOTHERMAL ENERGY
GEOTHERMAL POWER PLANTS
INVESTMENT
PHILIPPINES
GEOTHERMAL INDUSTRY
ENERGY SOURCE DEVELOPMENT
GEOTHERMAL ENERGY
GEOTHERMAL RESOURCES
JOINT VENTURES
LEGAL ASPECTS
OWNERSHIP
ASIA
COOPERATION
DEVELOPING COUNTRIES
ENERGY
ENERGY SOURCES
INDUSTRY
ISLANDS
POWER PLANTS
RENEWABLE ENERGY SOURCES
RESOURCES
THERMAL POWER PLANTS
150500* - Geothermal Energy- Economics
Industrial
& Business Aspects