Exploration Best Practices: Guide to data collection, analysis and presentation
Exploration and test drilling in Tasmania, Australia (source: KUTh Energy)
Alexander Richter
13 Nis 2013
IFC and IGA launch: Geothermal Exploration Best Practices: A Guide to Resource Data Collection, Analysis, and Presentation for Geothermal Projects" in Istanbul, Turkey. The Guide outlines procedures and exploration techniques and provides guidelines for presenting a geothermal project to funding entities and insurance companies.
At a workshop in March this year, IFC (International Finance Corporation), a member of the Word Bank Group, together with the International Geothermal Association launched “Geothermal Exploration Best Practices: A Guide to Resource Data Collection, Analysis, and Presentation for Geothermal Projects” in Istanbul, Turkey.
The Guide outlines procedures and exploration techniques for geothermal projects and provides guidelines for presenting a geothermal project to funding entities and insurance companies. A focus is placed on high temperature geothermal resources for electricity generation.
Over 70 participants attended the Launch Event. A technical session and a financial session explained the contents of the Guide and details on project financing and standardized exploration techniques. The guide is available for download by following this link: Download (pdf, 3.9 MB)
The Launch Event and Geothermal Best Practice Guide production and revision were generously funded by the Global Environmental Facility (GEF) through the Geofund project. IFC and the IGA Service Company are jointly aiming at promoting geothermal energy development in Turkey and assisting developers in initiating geothermal projects. Project focus is also to attract potential investors, furthermore by mitigating the associated risks with the help of insurance companies. Subsequent activities after the launch event include workshops for individual developers and financial institutions in Turkey.
Source: IGA
