re: Ann: Company Presentation - Geothermal En...
A global fund to de-risk exploration drilling: possibility or pipe dream? Installed power capacity from naturally-occurring geothermal resources represents just 6% of estimated global potential. This untapped capacity reflects in large part the high risk and cost associated with deep exploration drilling. The most promising mechanism proposed to date to reduce risk at this stage and accelerate development is to diversify risk across a large portfolio of projects via a global geothermal drilling fund. Here Bloomberg New Energy Finance in collaboration with development consultants Rinova International present the first quantitative look at the feasibility and potential impact of a Geothermal Exploration Drilling Fund.
I like this............
HRL Price at posting:
1.1¢ Sentiment: LT Buy Disclosure: Held
