Latin American Geothermal Investments Set to Surge ...Middle East

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Latin American Geothermal Investments Set to Surge
Latin America boasts abundant geothermal energy resources, offering a promising avenue for clean energy production, decarbonization of industrial processes and bolstering energy security. Despite these favorable conditions, only a fraction of its potential has been harnessed, with a mere 2 gigawatts electrical (GWe) currently utilized out of a total potential of 33 GWe. The bulk of this utilization comes from Mexico, Costa Rica and El Salvador, which collectively account for about 75% of the existing capacity. Rystad Energy forecasts show geothermal…

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