Geothermal handbook: PlanninG and Financing power Generation t e c h n I c a L r e p o r t 2 / 2

 
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latin america |
Mexico, Costa Rica, Nicaragua, and El Salvador are likely to continue
developing new geothermal power projects with a total added capacity of 500 to 1,500 MW
by 2020. Other countries (e.g., Peru, Chile, and Argentina) might start developing their first
projects before 2020. Guatemala, Honduras, Panama, Colombia, Ecuador, Bolivia, and
several Caribbean island states, including Cuba and Haiti and Dominica, also offer
good prospects.
 
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United States, Japan, New Zealand, and iceland 
are well-established producers and are likely
to continue developing geothermal power projects. Japan, with a significant geothermal
potential, might consider increasing its focus on geothermal after its 2011 nuclear incident.
However, in the conservative projection made here, no significant increase in capacity in any
of these countries, except the United States, is expected by 2020.
Any additional installed capacity would come from Indonesia (2,500 MWe); followed by
Kenya (1,500 MWe); the Philippines (500 MWe); Ethiopia, Djibouti and Rwanda (400 MWe in total);
Central America and Mexico (800 MWe in total); and the United States (800 MWe). These figures

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C h a p t e r 1
represent a total of 6,500 MWe of new installed capacity worldwide by 2020. If added to the
11,000 MWe installed in 2011, this results in an estimated 17,500 MWe of newly installed capacity
by 2020.