COWI and Sinotech Team Up on Taiwan’s Super-Hot Geothermal Potential Taiwan’s geothermal story is moving from possibility to execution, and the COWI-Sinotech collaboration is a sign that the sector is entering a more serious phase of development. The partnership is focused on unlocking super-hot geothermal resources, which could improve project economics and expand the country’s clean-energy options. Introduction Geothermal has long been one of Taiwan’s most intriguing renewable resources because the island sits on active tectonic terrain with strong heat potential. What has held the sector back is not a lack of heat, but the difficulty of converting that heat into bankable projects at scale. The new collaboration between COWI and Sinotech points to a more technical, internationally connected approach to solving that problem. Why Taiwan Matters Taiwan has ambitious decarbonization goals, and geothermal fits neatly into the need for firm, low-carbon power. Unlike solar and wind, geother...
Geothermal Financing in the Netherlands: Targeted Investment Strategies with Invest-NL, EBN, and Geothermie Nederland for Low-Carbon Heat Growth
Financing Geothermal Energy: How Targeted Instruments Can Unlock a National Heat Transition The Netherlands sits on a valuable but underused subsurface resource, sustainable geothermal heat. Ambitious heating targets and growing demand for low-carbon district heat make geothermal an essential part of the energy transition. Yet a familiar barrier persists , high upfront development costs and early,phase risks make many projects unattractive to private financiers. This article explains practical financing instruments, project structures, and policy actions that can reduce those early risks, speed deployment, and attract private capital for geothermal energy at scale. Why geothermal financing is difficult Geothermal projects face a financial profile unlike typical renewables. Main challenges include: , High upfront capital expenditure (CAPEX) during exploration and drilling, with the bulk of costs front,loaded. , Subsurface uncertainty, resource quality (temperature, flow) is only conf...