Released May 27, 2022 | NEW DELHI
en
Researched by Industrial Info Resources (Sugar Land, Texas)--East African countries are harnessing their potential for geothermal energy, to bridge the energy-access gap, transition toward cleaner energy technologies and maintain energy security.
However, most of the countries in the region have not exploited geothermal energy, as it requires high upfront investment and comes with risk associated with discovering and developing the facilities.
The existing projects are mainly being financed by the public sector, but private sector participation will be instrumental in the development of geothermal energy projects in the region. Favorable governmental policies, risk-mitigating schemes and financial support will encourage private participation.
Industrial info is tracking US$26.3 billion worth of capital-spending geothermal energy projects in Eastern Africa. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a full list of detailed project reports.
Click on the image at right for a breakdown by country of geothermal energy projects in Eastern Africa.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
However, most of the countries in the region have not exploited geothermal energy, as it requires high upfront investment and comes with risk associated with discovering and developing the facilities.
The existing projects are mainly being financed by the public sector, but private sector participation will be instrumental in the development of geothermal energy projects in the region. Favorable governmental policies, risk-mitigating schemes and financial support will encourage private participation.
Industrial info is tracking US$26.3 billion worth of capital-spending geothermal energy projects in Eastern Africa. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a full list of detailed project reports.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.