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The international geothermal power industry is poised to place between 500 and 1,000 MW on line per year for the rest of the decade, said GEA. New project announcements have increased the resource under development to about 30,000 MW. Successful Enhanced Geothermal Systems (EGS) projects in the US were led by Calpine Corp.,
In preparation for the conference, advocates of the energy corridor have been taking international journalists on tours of the country’s energy infrastructure. To the south, tensions between Armenia and Azerbaijan remain after the recent war and ethnic violence. Looming over the project are the security issues threaten to thwart it.
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