Americas > South America > Chile > Chilean authorities geothermal concession process.

Chile: Chilean authorities geothermal concession process.

2010/08/29

Chilean authorities will announce details of a new tender for geothermal concessions in coming days.

Over the completed year, the country has overhauled its geothermal concession process.

Companies used to have to submit requests for specific areas, and the requests again had to be approved by the mining and geological bureau Sernageomin, the national border service Difrol, the national water board DGA, the indigenous peoples council Conadi, the national forestry service Conaf and the defense ministry.

Chile's new energy ministry, created at the start of the year, is presently in charge of the process.

South America does not from presently on have geothermal power generation, but Chile has been touted as having excellent potential and numerous renewable energy companies are carrying out exploration in the country.

Italy's Enel Green Power and Canada's Magma Energy have said geothermal plants in the order of 50MW could be online in Chile by 2014.

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