Green Green:  Financing News for the U.S. Geothermal Industry


Volume 4, Number 1
15 March 2003

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Conference to Support Geothermal Development in Eastern Africa

Carbon Trading Could Harm Renewables


IN EVERY ISSUE

In Short

Upcoming Events

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Past Issues of Green Green

Conference brochure cover

Conference to Support Geothermal Development in Eastern Africa

Regional leaders, financing organizations, and industry executives will meet in Nairobi, Kenya 9-11 April to promote the development of geothermal energy in Eastern Africa.

The 2003 Eastern Africa Geothermal Market Acceleration Conference will give U.S. companies the unparalleled opportunity to:

  • Meet one-on-one with leading energy decision-makers from Kenya, Ethiopia, Eritrea, Djibouti, Tanzania, Uganda, and other Eastern and Southern African countries;
  • Discuss the latest geothermal plans and project opportunities:
    • The planned tender for the development of Kenya's Olkaria IV geothermal fields (64 MWe),
    • The installation of a 5 MWe pilot plant by the government of Eritrea, and
    • Plans for geothermal exploration, assessment, and development activities at one or more of Uganda's three geothermal projects with the key African officials;
  • Benefit from a new Eastern Africa risk sharing initiative to be launched at the Conference by the United Nations Environment Programme (UNEP), the Global Environment Facility (GEF), and the German Development Bank, Kreditanstalt fuer Wiederaufbau (KfW), to help fund geothermal development projects;
  • Meet representatives of bilateral and multilateral finance institutions which are interested in supporting geothermal development;
  • Present U.S. technologies and geothermal expertise; and
  • Help create a geothermal action plan for the Rift Valley region

The Rift Valley region has an estimated combined geothermal power generation potential of up to 5,000 MWe:

Country Estimated Geothermal
Power Generation Potential
(MWe)
Comoros Islands Not available
Djibouti 230–460
Ethiopia 640–1710
Kenya 850–1800
Malawi 20–90
Mozambique 20–80
Rwanda 50–170
Tanzania 140–380
Uganda 450
Zambia 20–90
TOTAL 2,420-5,230

The Geothermal Market Acceleration Conference is part of the "East Africa Geothermal Energy Week." It is preceded by the 2nd Kenya Electricity Generating Company (KenGen) Geothermal Conference, and a field trip to the Olkaria Geothermal Power Plant.

The conference is hosted by the Business Council for Sustainable Energy (BCSE) and UNEP, and cosponsored by the U.S. Trade and Development Agency; the U.S. Agency for International Development, GEF, the United Nations Educational, Scientific and Cultural Organization (UNESCO); and the U.S. Department of State.

Following the World Summit on Sustainable Development and the announcement by the U.S. Government of the Millennium Challenge Account (a new source of funding), there is a renewed commitment by the international community to support clean energy development in Africa.

For more information on the Geothermal Market Acceleration Conference, see the BCSE's website. For more information on the KenGen Geothermal Conference, see KenGen's website.

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Carbon Trading Could Harm Renewables

According to a report issued by Carbon Trade Watch, trading in carbon emissions could harm the renewable energy industry.

The brief titled, The Sky is Not the Limit: The Emerging Market in Greenhouse Gases observed that:

  • "Emissions trading threatens to reduce sustainable renewable energy to a decorative by-product.";
  • "The project requirements of the Clean Development Mechanism (CDM) and Joint Implementation (JI) contain obstacles for small renewable projects. These include difficulties in measuring and determining ownership of energy production. Large multi-national corporations find it easier to overcome these obstacles than smaller firms."; and
  • "When large companies have superior access to subsidies, smaller companies find themselves at a competitive disadvantage. This undermines diversity and innovation in the renewable energy sector as a whole."

The study looked at subsidies in the Netherlands and Germany for the solar industry in the 1990s. In the Netherlands, subsidies were concentrated on Shell and Ecofys, limiting the number of solar panel firms to just a few main players. As a result, Shell gained a virtual monopoly in solar panel installation. In contrast, German subsidies were distributed across different sized firms. By 2002, over 300 companies were involved in supplying solar panels.

The study concluded that, "Renewable firms may find that the best prices for permits will not come from demand to fulfill Kyoto reduction targets, but from companies wanting to buy permits to build an environmentally friendly image."

Carbon Trade Watch is a project of the Transnational Institute, a Dutch nonprofit organization that was founded in 1974. For more information, and to obtain a copy of the Carbon Trade Watch brief in PDF format, click on the image below.

Carbon Trade Watch Brief

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In Short

Asia

  • Energy from renewable sources is struggling to gain a commercial foothold in Asia, where millions of people have no access to electricity. Renewables will not be used for large-scale on-grid generation in the near future unless governments introduce subsidies and legislation to support them. But solar, wind, geothermal or biomass might find a niche in bringing power to Asia's many scattered rural communities. "Progress in alternative energy in Asia is not going as fast as we want but it is not static," said Athena Ballesteros, campaign director for Greenpeace Southeast Asia. Greenpeace has urged governments globally to increase the share of renewable energy to 10% of total consumption from 2% now, and to shift 20% of all energy investment to renewable sources. Commercial banks have largely shunned renewable projects; development banks have proved friendlier. World Bank lending to energy efficiency and renewable projects made up about 64% of total energy financing in 2001 and 2002, up from 16% in the 1990s (Source: Reuters, 10 December 2002, Cameron Dueck).

Australia

  • Geodynamics Ltd. began drilling its first US$3.2 million geothermal well, the first stage of the company's US$9.5 million Hot Dry Rock (HDR) geothermal energy program. The Habanero 1 well will be drilled to a depth of 4,500-4,900 meters. Geodynamics plans to circulate water through extremely hot granite before drawing it out and using it to generate power. Santos Ltd. has signed a memorandum of understanding for the supply of 13 MWe to its Moomba production plant in South Australia from Geodynamics' demonstration power plant, which should be online by mid-2005.

Bulgaria

  • Bulgaria may be a good future market for U.S. geothermal technology and equipment. According to a recent Industry Sector Analysis issued by the U.S. Foreign Commercial Service in Sofia, based on the national energy plan, and assuming government subsidies, geothermal energy systems in Bulgaria are a good growth market for U.S. companies. The Executive Energy Efficiency Agency has developed a draft national renewable energy program, which includes 38 geothermal projects valued at US$384 million. The liberalization of the power price system, and Bulgaria's accession to the EU will also play significant roles in creating a growth potential for renewable energy. Bulgaria's total potential heat capacity is estimated at 771 MWt. Possible financing sources for interested U.S. companies are the U.S. Export-Import Bank, the Overseas Private Investment Corporation, the U.S. Trade and Development Agency, and the European Bank for Reconstruction and Development. For more information, contact Stanislava Dimitrova, Commercial Service, Email: stanislava.dimitrova@mail.doc.gov.

Canada

  • North Pacific GeoPower Corp. spent approximately US$1 million in the first three quarters of 2002 on the geothermal resource confirmation program at Meager Creek. According to president Kenneth MacLeod, if confirmation drilling scheduled for this summer shows that the project is viable, the company will prepare a feasibility study and environmental assessments for submission to the government in early 2004. The economic and regulatory conditions impacting the project were enhanced by the British Columbia government's new energy plan, "Energy for Our Future: A Plan for B.C.." The energy plan is expected to benefit the Meager Creek Geothermal Project through assured access to the transmission grid and wholesale markets, and an open and transparent structure for establishing energy prices and transmission rates. Meager Creek Geothermal Project is the only geothermal lease issued in Canada for the commercial production of electricity. The project has an estimated development potential of 200 MWe of electricity. The company's major shareholder is Crew Development Corporation.
  • In January 2003, TransAlta, Canada's biggest investor-owned power generator, purchased El Paso Corporation's 50% interest in CE Generation LLC, and the right to a 50% interest in a geothermal development project. MidAmerican Energy Holdings Company, with which TransAlta entered into a strategic alliance in 2001, will continue to own the other 50% of both CE Generation LLC and the geothermal development project. TransAlta will pay El Paso US$205 million plus approximately US$35 million in working capital, for a total of US$240 million. In addition, should TransAlta decide to participate in building the geothermal development project, TransAlta will compensate El Paso US$30 million for its development work. CE Generation, with 330 MWe installed capacity in 10 geothermal plants in southern California, has $1 billion of non-recourse debt, $140 million of which is secured by MidAmerican. The geothermal assets are in an excellent market with attractive growth possibilities. TransAlta expects these reserves to support 400 MWe of new capacity. For more information, see TransAlta's website: Quick Facts CE Generation LLC.

Caribbean

  • Several Caribbean countries have issued a Request for Proposal to hire a consultant to identify renewable energy projects in the region. The Caribbean Community (CARICOM), the executing agency for the Caribbean Renewable Energy Development Project (CREDP), and the consultant will conduct resource assessments and utility planning in renewable energy projects, and identify bankable renewable projects. The coalition wants to lever US$4 million of Global Environment Facility (GEF) funding over four years, with US$2.2 million in additional funding from the German GTZ. Included in the project pipeline of 31 projects are four geothermal projects: a 10 MWe geothermal facility in St. Lucia, 5 MWe and 4 MWe sites in Montserrat, and a 12 MWe potential site in Dominica. Members of the CARICOM include Antigua and Barbuda, Bahamas, Barbados, Belize, the British Virgin Islands, Republic of Cuba, Dominica, Grenada, Guyana, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago, and the Turks and Caicos Islands. For more information, contact Dr. Roland Clarke, Project Manger, Email: rclarke@caricom.org.

Central America

  • Top officials from El Salvador and the Inter-American Development Bank (IDB) signed loans totaling US$40 million for the Sistema de Interconexion Electrica de los Paises de America Central (SIEPAC) on 19 February. The US$320-million SIEPAC project will be funded by a combination of sources, including six separate US$40 million IDB loans signed by each of the member countries (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama); US$5.8 million in equity from the state power companies of the respective countries; and a US$45.8 million equity stake by Spanish energy company Endesa. SIEPAC will create a Central American wholesale electricity market, an organization to regulate that market and another one to operate it, and includes the construction of a regional transmission line. For more information, see the IDB press release, or contact Marcelo Lippmann of the E.O. Lawrence Berkeley National Laboratory, Email: MJLippmann@lbl.gov.

European Union (EU)

  • The European Union (EU) agreed in December to establish the world's largest market for trading greenhouse gas emissions to reduce global warming. According to the deal reached by the 15 EU members, companies will be given a quota for carbon dioxide emissions. Those who exceed their limit can buy extra quota from those that stay below their allotted levels. The trading system will begin in 2005 and cover emissions from the power and heating industries, as well as producers of steel, cement, glass, tile, paper, and cardboard. The EU pledged to cut emissions by 8% of 1990 levels by 2010 under the 1997 Kyoto Protocol. More than 80 nations have ratified the agreement which is expected to come into force this year.

Japan

  • Japan will abolish the country's grant and subsidy programs for thermal power plants, and will direct the funding to promote construction of geothermal, hydroelectric, and nuclear power plants, says the Agency of Natural Resources and Energy. The change is expected to be implemented by October after legislative steps are taken in the Diet. Assistance for thermal projects in Okinawa Prefecture will continue because it is not suitable for hydro or geothermal (Source: Refocus Weekly News-in-Brief).

Papua New Guinea

  • The PNOC Energy Development Corporation (PNOC-EDC), part of the state-owned Philippine National Oil Company (PNOC), may construct and operate a geothermal power plant in Papua New Guinea (PNG). At the request of PNG’s Lihir Management Co. (LMC), the company will submit a proposal to build and operate geothermal power plants. PNOC-EDC has worked in PNG since 1999, recently completing its twenty-third well on Lihir Island. PNOC-EDC has three contracts with LMC worth US$12.9 million.

Philippines

  • PNOC-EDC may borrow up to US$337.5 million to fund three geothermal projects in 2003. According to PNOC-EDC President Sergio Apostol, the firm intends to borrow US$120 million from the Japan Bank for International Cooperation for a 60 MWe geothermal power plant in Kabalian; US$200 million from German financial firm Kreditanstalt fuer Wiederaufbau for a geothermal project at Mt. Lobi, which would have an installed capacity of 500 MWe; and US$18.5 million from the Development Bank of the Philippines to add 20 MWe to the installed capacity of the 192.5-MWe Palinpinon geothermal power plant. In addition, PNOC plans to explore the Compostela Valley in the central Philippines to broaden its sources of geothermal energy. The Philippines' goal is to become the world's largest geothermal producer by 2012 by developing an additional 800 MWe of installed capacity.

Slovakia

  • Slovak company Ekosolar is looking for a U.S. partner or investor. The company currently produces and installs solar collectors and accessories for household and swimming pool heating, and installs solar electric appliances, wind-power plants, and heat pumps. It exports to Germany and Spain. The company is interested in new solar, wind, and renewable energy technology, and new heat pumps technology, and seeks a U.S. joint venture partner or investor. For more information, contact: Jaroslav Korvin, Owner, Ekosolar, Tel/Fax: +421 33 7744 040, Email: korvin@ekosolar.sk.

Sweden

  • Sweden's geothermal energy sector is a potential technology export area for U.S. companies, concludes a recent Industry Sector Analysis issued by the U.S. Foreign Commercial Service. Following the directives and regulations put forward by the EU, Sweden is increasing use of renewable energy resources. Several geothermal research programs are underway in the country including the Bjorko Energy Project funded by the Swedish Energy Agency. The two-year, US$750,000-project that began in 2000 examines the possibility of replacing up to 70% of the capital city area district heating system by geothermal energy using a one billion-year old meteor crater located on an island in Lake Malaren. The hypothesis is that the meteor contains over 4,000 TWh of heat. The terrestrial heat converted into district heat would have a huge impact on lowering carbon dioxide emission. For more information, contact Tuula Javanainen, Commercial Specialist, Email: tuula.javanainen@mail.doc.gov.

Turkey

  • 31 March is the deadline to register for the International Summer School on Geothermal Geochemistry scheduled to convene 2-15 June in Izmir, Turkey. For more information and to register, see the International Summer School website.
  • According to a recent Industry Sector Analysis issued by the U.S. Foreign Commercial Service, the market in Turkey for Renewable Energy Equipment is growing. The country's current US$ 40 million annual renewable energy market will grow an estimated 25% a year over the next five years. The Energy Market Regulatory Agency (EMRA) issued an Electricity Market License Regulation, effective 4 August 2002, which offers incentives for the development of renewable energy sources including geothermal. The theoretical geothermal power potential of Turkey is 4,500 MWe; the technical potential, 500 MWe. The private sector is developing several geothermal projects in Aydin and Manisa provinces. Large undeveloped potential exists in the Aegean and Marmara regions. Possible financing sources for interested U.S. companies are the U.S. Export-Import Bank, the Overseas Private Investment Corporation, the U.S. Trade and Development Agency, and the European Bank for Reconstruction and Development. For more information, contact Serdar Cetinkaya, Energy Specialist, Email: Serdar.Cetinkaya@mail.doc.gov.

United States

  • The California Energy Commission (CEC) will hold a public workshop on 17 March to discuss changes and seek comments on the International Energy Fund (IEF) Solicitation, which is tentatively scheduled for release on 19 March. The IEF helps California energy companies conduct pre-construction activities that lead to energy projects in foreign countries. Pre-construction activities include but are not limited to market studies and analyses, feasibility studies, resource assessments, site analyses, bid and/or proposal development, and technology transfer agreements. For the current application, in grading proposals the CEC will add additional points for a proposal submitted for Mexico or South Korea. For more information on the Workshop, click here. To obtain a copy of the draft IEF Solicitation in PDF format, see the CEC website.
  • The Geothermal Resources Council (GRC) has issued its First Announcement and Call for Papers for the 2003 Annual Meeting: "International Collaboration for Geothermal Energy in the Americas," to be held 12-15 October in Morelia, Michoacan, Mexico. Technical papers can be submitted to the GRC for oral or poster presentation, or a combination of both. Unless specified otherwise by the author(s), all accepted papers will be published in the GRC Transactions. Draft papers must be submitted to GRC by 9 May. For more information, including Author Instructions and Submission Forms, see the GRC website.
  • Venture funding across the United States was down in 2002. Nationally, 692 companies raised $21.2 billion for the entire year down from $41.3 billion in 2001, according to the MoneyTree Survey. In 2002, 75% of investment dollars went to later-stage companies compared to 21% for companies raising money for the first time. Industrial and energy companies received $795 million in 145 deals in 2002. "We are a little more risk-averse than we were two years ago," said William B. Elmore of Foundation Capital in Menlo Park, CA. "But I don't think anyone should mistake patience for pessimism." The MoneyTree Survey is a quarterly study of venture capital investment activity in the United States conducted by PricewaterhouseCoopers, research firm Thomson Venture Economics, and the National Venture Capital Association (Source: The Washington Post, 28 January 2003).

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Upcoming Events

March August
April September
May October
June November
July December
 
2004 2005

18 March
Website: U.S. Export-Import Bank Exporter Seminar
Grand Rapids, MI
This seminar helps exporters increase their international sales by overcoming financing barriers. It also assists exporters in entering new, riskier markets, and improving their cash flow and bottom line. This engaging one-day seminar is designed exclusively for exporters.

24-26 March
Website: Building a Renewable Energy Portfolio
Houston, TX

25 March
Website: U.S. Export-Import Bank Exporter Seminars and Symposium
Miami, FL
This half-day, interactive seminar will review the many products and services available from the Department of Commerce (U.S. Commercial Services) and the Export-Import Bank of the United States (Ex-Im Bank), the official export credit agency of the U.S. government. In particular, the symposium addresses special programs for environmental and service exports, lease transactions, and small, minority-owned and woman- owned businesses.

26-29 March
Website: 14th Conference of Engineering Geology
Kiel, Germany

3 April
Website: U.S. Export-Import Bank Exporter Seminars and Symposium
Rockford, IL
This half-day, interactive seminar will review the many products and services available from the Department of Commerce (U.S. Commercial Services) and the Export-Import Bank of the United States (Ex-Im Bank), the official export credit agency of the U.S. government. In particular, the symposium addresses special programs for environmental and service exports, lease transactions, and small, minority-owned and woman- owned businesses.

7-8 April
Website: GreenTrading™ Summit 2003: Emissions, Renewables & Negawatts
Post-Conference Workshop: 9 April
New York, NY

7-9 April
Website: 2nd KenGen Geothermal Conference
Nairobi, Kenya

9-11 April
Website: Eastern Africa Geothermal Market Acceleration Conference
Held in conjunction with the KenGen Technical Conference
Nairobi, Kenya

15-16 April
Website: National Tribal Sustainability Conference 2003
Santa Ana Pueblo in Bernalillo, NM

22-23 April
Website: U.S. Export-Import Bank 2003 Annual Conference
Contact: Niki Shepperd, Tel: (202) 565-3202
Washington, D.C.

22-24 April
Website: Earth Technologies Forum
Washington, D.C.

23-24 April
Website: Mexican Energy 2003
Houston, TX

28-30 April
Website: International Ground Source Heat Pump Association Technical Conference & Expo
Stillwater, OK

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1 May
Website: U.S. Export-Import Bank Exporter Seminar
St. Louis, MO
This seminar helps exporters increase their international sales by overcoming financing barriers. It also assists exporters in entering new, riskier markets, and improving their cash flow and bottom line. This engaging one-day seminar is designed exclusively for exporters.

7-9 May
Website: 23rd Annual Utility Energy Forum
Tahoe City, CA

5-6 May
Website: U.S. Export-Import Bank Seminars for Exporters
Washington, D.C.
Ex-Im Bank offers a two-day seminar designed to give exporters, federal, state, local officials, and others an in-depth knowledge of its trade financing products. Other government agencies involved in export finance will make presentations. The seminar also includes project finance, country risk analysis, legal issues, new policies, and administration and disbursement procedures of loans and guarantees. Case studies are used to reinforce understanding.

6-8 May
Website: POWER-GEN Europe
Dusseldorf, Germany

7-9 May
Website: Power Industry Forum
Washington, D.C.

9-11 May
Sustainable Energy 2003
Brisbane, Australia
Email

13-15 May
Website: Distributed Energy Resources for Federal Facilities
Federal Energy Management Program Course
Newport Beach, CA

13-15 May
Website: SUSTAIN2003: The World Sustainable Energy Exhibition & Conference
Amsterdam, The Netherlands

14-16 May
Website: Energy and the Environment 2003
First International Conference on Sustainable Energy, Planning, and Technology in Relationship to the Environment
Halkidiki, Greece

16 May
Website: U.S. Export-Import Bank Exporter Seminars and Symposium
Cincinnati, OH
This half-day, interactive seminar will review the many products and services available from the Department of Commerce (U.S. Commercial Services) and the Export-Import Bank of the United States (Ex-Im Bank), the official export credit agency of the U.S. government. In particular, the symposium addresses special programs for environmental and service exports, lease transactions, and small, minority-owned and woman- owned businesses.

19-23 May
Asian Infrastructure Mission
Istanbul, Turkey
Email: Raj Dheer, U.S. Department of Commerce
Held in conjunction with the Annual Meeting of the Asian Development Bank (ADB), the Mission will focus on introducing U.S. suppliers, consultants, and project developers to key government officials and decision-makers in 35 emerging markets of the Asia Pacific region supported financially by the ADB. A special focus will be on infrastructure, including energy.

20-21 May
Website: Brussels Climate Change Conference
Brussels, Belgium
With the framework for greenhouse gas emissions trading virtually adopted, the EU has become the frontrunner in setting up a domestic carbon market. As a result, the EU market will be influential in shaping the emerging global carbon market. Top EU decision makers, including Environment Commissioner Wallström and European Parliament Draftsman, J Moreira da Silva, will provide an authoritative perspective on recent and forthcoming regulatory and policy initiatives while stakeholders from business and industry, financial service providers, brokers and other market participants will provide a practitioners' view on how to cope with opportunities and threats in this emerging carbon market.

20-21 May
Website: Implementing Renewable Energy Projects
Federal Energy Management Program Course
Boston, MA

21-22 May
Website: All-Energy Opportunities 2003
Aberdeen, Scotland
The exhibition and conference are being held in association with the British Wind Energy Association and the Scottish Renewables Forum.

25-30 May
Website: European Geothermal Conference (EGC) 2003
Szeged, Hungary
EGC 2003 is organized by the Hungarian Geothermal Association, the Romanian Geothermal Association, the Slovakian Geothermal Association, and select companies. The conference will include a technical program, exhibition, field trips, and social events.

26-28 May
Website: International Conference on Renewable Energy Sources for Islands, Tourism, and Water Desalination
Crete, Greece

29-30 May
Website: Central American Energy: Opportunities & Investments
Houston, TX

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2-15 June
Website: International Summer School on Geothermal Geochemistry
Izmir, Turkey

4 June
Website: U.S. Export-Import Bank Exporter Seminar
Boston, MA
This seminar helps exporters increase their international sales by overcoming financing barriers. It also assists exporters in entering new, riskier markets, and improving their cash flow and bottom line. This engaging one-day seminar is designed exclusively for exporters.

15-20 June
Website: 2003 Dubrovnik Conference on Sustainable Development of Energy, Water, and Environment Systems
Dubrovnik, Croatia

22-24 June
Website: International District Energy Annual (IDEA) Conference & Trade Show
Philadelphia, PA

24-27 June
Website: The Corporate Council on Africa 4th U.S.-Africa Business Summit
Washington, D.C.

14-15 July
Website: U.S. Export-Import Bank Seminars for Exporters
Washington, D.C.
Ex-Im Bank offers a two-day seminar designed to give exporters, federal, state, local officials, and others an in-depth knowledge of its trade financing products. Other government agencies involved in export finance will make presentations. The seminar also includes project finance, country risk analysis, legal issues, new policies, and administration and disbursement procedures of loans and guarantees. Case studies are used to reinforce understanding.

21-25 July
Electric Power Mission to Vietnam and Thailand
Hanoi and Ho Chi Minh City, Vietnam
Bangkok, Thailand
Email: Andrew R. Collier, Project Manager, Major Energy Projects Energy Division, U.S. Department of Commerce
The Deputy Assistant Secretary for Energy, Environment, and Materials, or a designee, will lead the electric power trade mission. The mission will include representatives of 8-15 U.S. electric power companies and equipment manufacturers interested in entering or expanding their presence in the two countries. The application deadline is 15 April.

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7-8 August
Website: Southwest Renewable Energy Conference
Flagstaff, AZ

8-10 August
Website: Southwest Renewable Energy Fair
Flagstaff. AZ
The Energy Fair coincides with the Southwest Renewable Energy Conference that will address national, tribal, state, and regional energy issues.

17-20 August
Website: Energy 2003 - Real World, Real Solutions
Lake Buena Vista, FL
Attendees include Federal, state, local and private sector energy managers, procurement officials, engineers and architects, energy service companies, transportation officials, utilities, and others involved in energy management around the country. Energy 2003 is your opportunity to learn about the latest cost-effective energy-saving, renewable energy, and water efficiency products and equipment. By applying the products, equipment, and services demonstrated at Energy 2003, you can improve the comfort, security, productivity and reliability of your facility and employees.

18-21 August
Website: Project Finance Workshop
New York, NY

20-22 August
Website: International Energy Program Evaluation Conference
Website: Call for Abstracts
Seattle, WA
Since 1984, the International Energy Program Evaluation Conference has represented excellence in the field of evaluating public and privately sponsored energy programs, products, and services. Conference proceedings are routinely used to improve program performance or to support the design and development of new energy services.

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31 August-4 September
Website: 9th European Meeting of Environmental and Engineering Geophysics
Prague, Czech Republic

1-4 September
Website: International Geophysical Conference & Exhibition
Moscow, Russia

14-17 September
Website: International Geothermal Conference: "Multiple Integrated Use of Geothermal Resources"
Reykjavik, Iceland
The objectives of the IGC-2003 are to provide an international forum for the exchange of ideas, experiences, and knowledge relating to engineering, environmental, financial, and scientific issues of multiform geothermal development; to demonstrate the indisputable benefits that may be attained from integrated and multi-use of geothermal energy with respect to environmental, socioeconomic, and pure commercial considerations; and to identify barriers to widespread geothermal development, e.g., legal issues, risk, public attitude, and scarcity of funding, and their mitigation.

17-18 September
Website: West Coast Energy Management Congress (EMC)
San Diego, CA

18 September
Arizona State Geothermal Working Group Meeting
Phoenix. AZ
Email: Amanda Ormond, The Ormond Group; or Curtis Framel, DOE-Seattle Regional Office

24-27 September
Website: Structures in the Continental Crust and Geothermal Resources
Siena, Italy
The meeting will promote a comparison among the different structural settings of geothermal systems in various parts of the world, and encourage a multi-disciplinary approach (e.g., rheology, magmatism, modeling, seismic, structural, geology, etc.) to the study of geothermal areas.

25 September-1 October
Email: SITH2003 / Société Internationale des Techniques Hydrothermales
Beppu, Japan

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1-4 October
Renewable Energy Indonesia 2003,
2nd International Exhibition for all Renewable Energy Technologies
Indonesia, Jakarta
Email

6-9 October
Website: 1st North Africa/Mediterranean Petroleum & Geosciences Conference and Exhibition
Tunis, Tunisia

12-15 October
Website: Geothermal Resources Council (GRC) 2003 Annual Meeting
Held in conjunction with the Comision Federal de Electricidad (CFE)
Morelia, Michoacan, Mexico

7-11 December
Website: Fourth International Conference on Fluid and Thermal Energy Conversion
Bali Island, Indonesia

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2004
16-19 February 2004
Website: Australian Society of Exploration Geophysicists (ASEG) Conference and Exhibition
Adelaide, Australia
The conference theme is "Growth Through Innovation." Growth of reserves, corporate growth, professional growth—all are underpinned by innovation. From von Wrede’s use of variation in the magnetic field to discover ores in the early 1900s to the development of modern day high-resolution aeromagnetic surveys; from seismic refraction profiles over Gulf Coast salt domes in the 1920s to today’s time lapse 3-D seismic surveys over offshore fields—innovation in exploration geophysics delivers growth.

20-28 August
Website: 32nd International Geological Congress
Florence, Italy

5-10 September
Website: 19th World Energy Congress
Sydney, Australia

2005
24-29 April 2005
Website: World Geothermal Congress 2005
Antalya, Turkey
Abstracts due: December 2003
Draft papers due: May 2004
Final papers due: November 2004

To have your event listed, contact the Editor.

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THE FINE PRINT

Green Green is produced for the Idaho National Engineering & Environmental Laboratory (INEEL) under Purchase Order No. K99-181018, and the U.S. Department of Energy, Assistant Secretary for Energy Efficiency and Renewable Energy, Geothermal Technologies Program.

This information was prepared as an account of work sponsored by an agency of the U.S. Government. Neither the U.S. Government nor any agency thereof, nor any of their employees, makes any warranty, express or implied, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial product, process, or service by trade name, trademark, manufacturer, or otherwise, does not necessarily constitute or imply its endorsement, recommendation, or favoring by the U.S. Government or any agency thereof. The views and opinions of authors expressed herein do not necessarily state or reflect those of the U.S. Government or any agency thereof.