Iceland review - 2013, Page 75

Iceland review - 2013, Page 75
ICELAND REVIEW 73 nificance of geothermal for developing countries. “geothermal energy could be a triple win: clean, reliable, locally-produced power. And once it’s up and running, it’s cheap and virtually endless.” According to Ogola, apart from social and economic developments which have the potential to significantly improve liv- ing standards, countries will also be able to reduce use of fossil fuels and, in turn, benefit from emission trading schemes. However, as Zemedkhun explains, each country is at a very different stage in geo- thermal development. “Kenya is leading, followed by Ethiopia and then there are other countries like Burundi where devel- opment is in the very early stages.” As a result, Davíð says, the type of assis- tance given to each country varies greatly but may include field studies, assistance set- ting up the appropriate institutional struc- tures—and if a site is deemed suitable for exploratory drilling—environmental impact assessments (EIA). When it comes to environmental impacts, Zemedkhun is adamant that all issues are thoroughly considered. “All projects, before they get approval, need to meet the neces- sary environmental rules and regulations.” eNergy revoLutIoN ICEIDA carries out most of its work on the project from its headquarters in Reykjavík but also from the Uganda country office. “First we go into a dialogue with countries about the priority areas. This is then usually followed up by a visit where we find out what areas they want to emphasize, what the gaps are and define the cooperation that Iceland will initiate with them,” Davíð says. Collaboration between the World Bank and Iceland on geothermal in East Africa goes back to 2008 when Reykjavík Energy Invest was granted an exploration license in Djibouti. However, following the financial difficulties of the company compounded by the 2008 banking crisis, the project fell through. Prior to that, ICEIDA provided support for a geothermal project in Uganda in 2005. Energy access in Sub-Saharan Africa is estimated at an average of 28 percent but varies from as little as 6 percent. The East Africa Rift Valley, though, is considered to have massive geothermal potential—more than 15,000 MW, sufficient energy for up to ENERGY “It’s part of following through on Iceland’s development policy, our commitment to assisting countries in enhancing the production of renewable energy and contributing towards the objectives of the UN Sustainable Energy for All framework,” explains Davíð Bjarnason at ICEIDA.
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