A Summary of Geothermal Development in Vanuatu 12th November 2015

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Presentation transcript:

A Summary of Geothermal Development in Vanuatu 12th November 2015 Brooks Rakau Geology and Mines Unit Ministry of Lands Vanuatu

Outline Vanuatu Renewable Energy Brief World Bank/ Castle Rock Report (Vanuatu: Efate Geothermal Power and Island-Ring Grid Development Framework) Takara Geothermal Licensing Desk Top and internal research - 2016 Legislative review Challenges

Vanuatu Renewable Energy Brief By the end of 2012 renewable energy reached 4.4MW out of 31.5MW for the 4 concession areas By January 2013, mixing of copra oil and diesel contributed to a cumulated 29.5% for renewable energy. Takara Geothermal energy is anticipated to produce 8 MW if successful.

Pre-Feasibility study of Efate Geothermal power plant and Island ring grid development program (World Bank/ Castle Rock consulting) – April – October 2011 Takara Geothermal project should be priorotised above diesel, coconut oil or other solar or wind energy Further exploration is required (With support from the Government) The project will rely on private sector due to susbstantial investment requirements and the highly specialiesd nature of geothermal developments PPP mechanisms to maximise benifits. Establishment of a Geothermal Taskforce committee.

Takara Geothermal License Kuth Energy License Area Surface Temperature and water chemistry survey conducted Geo-physics survey conducted and 3 drill targets identified Drilling Environment Impact Assessment completed and approved on January 2015 Slim hole drilling yet to be conducted. Nnbn Source: www.Kuthenergy.com/vanuatu

Desk Top & Geothermal internal research for 2016 Total project costs include logistics estimation Geothermal and Volcanic features where hydrothermal systems are likely to exist – (By priority)

Geothermal Energy Act NO. 6 OF 1987 Legislative review Custom owner benifits Downstream consideration in the legislation The need to have stronger Environment Consideration Legislate the establishment of the Geothermal advisory committee (institutional framework)

Challenges/ Opportunities Land Disputes Limited internal capacity Funding to conduct exploratory work

Thank yu tumas