Analysis of the obstacles to financing geothermal hydrothermal commercialization projects and the government programs designed to remove them
The risks associated with geothermal hydrothermal commercialization are broken down into five categories: resource risk; technological risk; regulatory risk; investment parity risks; and institutional risk aversion. The impact of each risk upon geothermal financing is assessed. The federal government's programs to provide financial incentives for geothermal development are presented as follows: tax incentives; indirect financial incentives programs; direct grant/cost-sharing programs; and attempts at reducing regulatory risk through the enactment of legal and institutional reforms. (MHR)
- Research Organization:
- JM Energy Consultants, Inc., Los Angeles, CA (USA)
- DOE Contract Number:
- AC03-79ET27241
- OSTI ID:
- 5244963
- Report Number(s):
- DOE/ET/27241-T2; ON: DE82008499
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
15 GEOTHERMAL ENERGY
150400* -- Geothermal Energy-- Legislation & Regulations
ENERGY
ENERGY SOURCES
ENERGY SYSTEMS
FINANCIAL INCENTIVES
FINANCING
GEOTHERMAL ENERGY
GEOTHERMAL RESOURCES
GEOTHERMAL SYSTEMS
GOVERNMENT POLICIES
Geothermal Legacy
HYDROTHERMAL SYSTEMS
LEGAL ASPECTS
REGULATIONS
RENEWABLE ENERGY SOURCES
RESOURCE DEVELOPMENT
RESOURCES
RISK ASSESSMENT
TAX CREDITS
150400* -- Geothermal Energy-- Legislation & Regulations
ENERGY
ENERGY SOURCES
ENERGY SYSTEMS
FINANCIAL INCENTIVES
FINANCING
GEOTHERMAL ENERGY
GEOTHERMAL RESOURCES
GEOTHERMAL SYSTEMS
GOVERNMENT POLICIES
Geothermal Legacy
HYDROTHERMAL SYSTEMS
LEGAL ASPECTS
REGULATIONS
RENEWABLE ENERGY SOURCES
RESOURCE DEVELOPMENT
RESOURCES
RISK ASSESSMENT
TAX CREDITS