Geothermal advanced through ‘Florence Declaration’Milestone meeting moves nations closer to unlocking more than 200GW of global geothermal energy potential – IRENAGovernments have agreed to work together to identify and implement measures that will significantly increase the speed of geothermal energy development around the world, following a milestone meeting between public and private leaders Florence this week. The International Renewable Energy Agency (IRENA) said in a statement that the terms of the ‘Florence Declaration’ – an outcome of the Global Geothermal Alliance (GGA) meeting – governments will actively pursue a collective ambition to realise geothermal potential. Geothermal reportThe meeting, entitled: ‘Working Together to Promote Geothermal Energy Towards a Sustainable Energy Future’ –was marked by the release of a new report from IRENA, coordinator of the GGA. The report highlights that access to capital for surface exploration and drilling is the main barrier to geothermal development. “Geothermal energy is emerging as a hidden gem of Africa’s renewable energy resources and we must work together, across nations, to ensure this resource achieves its potential.

Source: The North Africa Journal September 13, 2017 08:03 UTC