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Captial for geothermal energy projects

Journal Article · · Nat. Resour. Lawyer; (United States)
OSTI ID:5348597
The geothermal industry, like other resource-based industries, is high-risk and capital-intensive. The cost of a single project depends on numerous variables including the size, depth, and characteristics of each reservoir, the technology employed, and inflation. Although financing geothermal energy development is similar in some respects to financing other mineral development, the relatively new and limited commercial use of geothermal resources presents dissimilar problems for the developer seeking financial assistance. Costs generally fall into three categories: (1) research and development for new and improved technologies, (2) exploration and development, and (3) production and power-plant construction. Capital funding from the public sector includes loans and loan guarantees, bonds, and special funds. Private-sector financing is available through equity and second-stage financing, limited partnerships, and other mechanisms. 67 references.
Research Organization:
Sherman and Howard, Denver, CO
OSTI ID:
5348597
Journal Information:
Nat. Resour. Lawyer; (United States), Journal Name: Nat. Resour. Lawyer; (United States) Vol. 14:4; ISSN NRLAD
Country of Publication:
United States
Language:
English

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