Financial and community hurdles slow geothermal energy development in Southeast Asia

Financial and community hurdles slow geothermal energy development in Southeast Asia

24 days ago
Anonymous $Uu1e96lHBL

https://apnews.com/article/geothermal-energy-indonesia-philippines-climate-finance-6de912a0a2911f3cb96a875aac3c6c95

JAKARTA, Indonesia (AP) — Providing round-the-clock energy, using minimal space and considered a clean source of power — geothermal energy seems like an ideal option for countries like Indonesia and the Philippines, where the potential is high, and governments are seeking to transition away from highly polluting fossil fuels.

Yet most of the potential of geothermal energy, created by harnessing heat produced by the earth from underground reservoirs of hot water to power turbines that generate electricity, remains untapped in these countries and across the world — as financial, regulatory and community roadblocks have stalled growth.