ThinkGeoEnergy and Enerchange invite to the first global geothermal investment forum in Frankfurt/ Main in Germany. Held in the center of Europe’s financial sector, the event will be focusing on important elements of investing in geothermal energy development, such as risk mitigation, early stage financing, market incentives, blended financing options, multi-player projects and exit strategies.
With an increasing interest in development in growth markets, such as Turkey, Indonesia, Africa, Europe, Latin America and others, development continues to face the challenge of attracting adequate funding for projects particularly in the early stages of development. While multilateral programs and development banks are helping development in early stages, there is still insufficient equity funding available to move geothermal projects forward.
The IGC Invest Geothermal event aims to create an annual forum and platform for geothermal industry geothermal industry (GI) leaders and international investors, including private equity, infrastructure, debt, institutional investors and public equity funds, as well as public funding partners such as development banks, funds and institutions. It further is set up to help increase awareness among investors and the geothermal energy industry to educate about opportunities and challenges of investments in energy infrastructure development globally.
ThinkGeoEnergy, is a geothermal focused advisory firm working for corporate clients on strategic, marketing and corporate finance related activities.
The firm operates the leading geothermal news website and network, covering the complete value chain of the geothermal power sector and industrial scale direct use sector globally.
The Informationsportal Tiefe Geothermie is the content strongest and most actual news plattform about deep geothermal energy in the German speaking area. The website offers in addition to the news a monthly newsletter and an extensive mercantile directory related to the news and German geothermal projects.
ERDÖL ERDGAS KOHLE is a technical and scientific professional journal about natural gas, oil and petrochemistry with an extensive news section, that has been published for 133 years. The specific topics deal with geotechnics, exploration, drilling and production technology, reservoir technology, processing, transportation and storage of gas, petrochemical engineering, energy production from geothermal energy and biomass.
JeotermalHaberler is the new geothermal news platform for the Turkish market in Turkish language. The is a collaboration between ThinkGeoEnergy, the leading global geothermal news platform and Enerchange.
In the different countries various support schemes were developed by the state to stimulate the geothermal development. This also guarantees a continous project development. Very popular are feed-in tariffs and risk insurance schemes for initiating the geothermal development. One of the question arising is how long a public feed-in tariff should be prolonged and sould ther be a slight degression or a sudden end of the support? This will be presented and discussed with examples from different countries, lead by EGEC.
Countries in the focus are:
Failure of geothermal project due to unsuccessful wells is one of the most importants risks, every developer and investor has to face. Meanwhile many possibilities exist from private to public risk mitigation schemes. Some of them will be introduced here.
After developping a geothermal field, financing the first well is one of the biggest bottlenecks due to the high risk. Here also a smaller well size might be cost saving and reasonalbe for collecting experiences of the geothermal site. In this session financing models for the first stage of a geothermal project will be presented and discussed.
Many countires have excellent geothermal conditions. However, electricity prices do not coincide with the development cost of geothermal energy. One possibility so solve such challenges might be a closer cooperation between public finance institutions and private equity. Here development banks are invited as speakers to discuss about cooperations.