Spotlight Session

Sustainable Geothermal Development

Organized by: Asian Development Bank (ADB)

Thursday, 6 June 2024

11:00 a.m. - 12:30 p.m. (GMT +8) | Multi-Function Hall 3

Geothermal power is non-fluctuating and dispatchable renewable energy technology which can be clean base load and/or middle peak supply power plant in lieu of coal-fired and natural gas combined cycle powers. In 2023, around 15 gigawatt (GW) of geothermal power are online in the world. But it is only 0.8% of 2 terawatt (TW) of maximum potential geothermal capacity. Geothermal power development entails extensive risks in exploring production wells which accounts for around 40% of total project cost. Such upfront risks and costs are major impediments for sustainable geothermal development. To utilize untapped potential of geothermal power, building an enabling framework to support the developer in reducing upfront investment risk is essential.

AGENDA

11:00 - 11:10 a.m.

Opening Remarks

Keiju Mitsuhashi, Director, Southeast Asia and the Pacific Team, Energy Sector, Sectors Group, Asian Development Bank (ADB)

11:10 - 11:20 a.m.

Geothermal Risk Management Facilities and Scaling Up Geothermal Power Developments

Challenges, Lessons, and the Way Forward in Indonesia.

Ilen Kardani, Director of Business Development & Exploration, PT Geo Dipa Energi, Indonesia

11:20 - 11:30 a.m.

Geothermal Risk Management Facilities and Scaling Up Geothermal Power Developments

Challenges, Lessons, and the Way Forward in the Philippines

Rainier M. Halcon, OIC, Geothermal Energy Management Division, Department of Energy, Philippines

11:30 - 11:40 a.m.

Sustainable Geothermal Development and Lessons Learned from New Zealand

Lessons Learned from New Zealand and How They Can be Applied in Developing Economies.

Phil Lory, Director, Eridani Consulting Limited, New Zealand

11:40 - 11:50 p.m.

Q&A Moderator: Daniel Miller

11:50 a.m. - 12:00 p.m.

Geothermal Energy Development in the Philippines: Challenges and Way Forward

Hazel Phiwee D. Cuan, Head-Business Development Control & Support, Energy Development Corporation, Philippines

12:00 - 12:10 p.m

Opportunities and Challenges for Geothermal Heating in Mongolia

Byambatuya Dagva, Energy Officer, ADB

12:10 - 12:30 p.m

Q&A and Closing Remarks

Daniel Miller, Senior Energy Specialist, ADB

SPEAKERS

Ilen Kardani

Ilen Kardani

Director of Business Development & Exploration, PT Geo Dipa Energi, Indonesia

Rainier M. Halcon

Rainier M. Halcon

OIC, Geothermal Energy Management Division, Department of Energy, Philippines

Philip Lory

Philip Lory

Director, Eridani Consulting Limited, New Zealand

Hazel Phiwee D. Cuan

Hazel Phiwee D. Cuan

Energy Development Corporation

Byambatuya Dagva

Byambatuya Dagva

Energy Officer, ADB

Daniel Miller

Daniel Miller

Senior Energy Specialist, ADB

Keiju Mitsuhashi

Keiju Mitsuhashi

Director, Southeast Asia and the Pacific team, Energy Sector Office, Sector Groups, ADB

PRESENTATIONS