Catalytic Investments for Geothermal Power

The general objective is to promote and support catalytic investments for geothermal power in Colombia through the strengthening of its regulatory framework and the development and implementation of a demonstrative geothermal project in the Macizo Volcanico del Ruiz which will contribute to reduce and displace unrealized Greenhouse Gas Emissions. The specific objectives of the Project are to obtain: (i) a white paper policy to promote use of untapped non-conventional renewable energy (such as geothermal, wind and solar/PV) and specific policy and regulatory measures recommendations; (ii) a model of the geothermal resource in the two selected areas and its temperature; (iii) identification of the type of geothermal resource and its potential capacity; (iv) recommendations concerning the geothermal resource exploration and development; (v) environmental and sociological studies according to the scope of these activities and (vi) development and implementation of the geothermal project.