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Tytuł artykułu
Autorzy
Wybrane pełne teksty z tego czasopisma
Identyfikatory
Warianty tytułu
Konferencja
Międzynarodowe Dni Geotermalne Polska 2004
Języki publikacji
Abstrakty
There exist numerous barriers to the increased utilization of geothermal energy resources in the ECA countries, the most prominent ones are those associated with the management of geological risk. While investors and financiers are prepared for and willing to take economic/financial risks and conventional technology risks, the special knowledge that pertains to the assessment and handling of geological risks is often beyond the experience and capacity of both potential energy investors and lenders which reduces their willingness to undertake geothermal projects of large investment requirement. Although insurance schemes for conventional investments are readily available on the market, a mechanism that guarantees against losses from geothermal energy exploration is not yet common, given the high level of uncertainty about the success of the investment not only for the construction time but also for a prolonged period during operation. The World Bank/GEF Geothermal Development Fund (GeoFund) addresses the issue of geological risk management through its insurance scheme and plays a vital role in sharing risk with the private sector. With legislative support from concerned public wable energies to recognize full economic costs of energy use) the geothermal resources of the ECA region can be exploited in an economic and sustainable way.
Czasopismo
Rocznik
Tom
Strony
53--58
Opis fizyczny
rys.
Twórcy
autor
- The World Bank, Washington; Europe and Central Asia Region, Infrastructure and Energy Services Department, hschreiber@worldbank.org
Bibliografia
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-article-BPZ3-0016-0007