Nicaragua Policy Strategy for the Promotion of Renewable Energy : Geothermal Energy Component
The objective of this study is to support Nicaragua's Comision Nacional de Energia (CNE) in preparing and implementing new policy and strategy to encourage the private sector to participate in the development of electrical generation from geot...
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Format: | Technical Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2021
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Online Access: | http://documents.worldbank.org/curated/en/974171468076138147/Nicaragua-Policy-strategy-for-the-promotion-of-renewable-energy-geothermal-energy-component http://hdl.handle.net/10986/36673 |
Summary: | The objective of this study is to
support Nicaragua's Comision Nacional de Energia (CNE)
in preparing and implementing new policy and strategy to
encourage the private sector to participate in the
development of electrical generation from geothermal energy.
The study includes: 1) evaluation of the potential market
for electricity generation via geothermal energy in
Nicaragua, 2) analysis of the existing barriers (legal,
regulatory, financial, and so on) to geothermal energy
development in Nicaragua and proposed options for the
elimination of these barriers, and 3) provide CNE with a
policies and strategy framework that will serve as a basis
for an implementation program to stimulate the development
of geothermal electricity generation. This report provides
an introduction to commonly utilized contracting structures
that offer lessons learned from other countries. It also
discusses the specific approaches taken by a number of the
countries more active in privatized geothermal development
and considers some views from the international financing community. |
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