Geothermal in Central America

With respect to the research on the sustainable energy development in the Central America regions, Tsvi Meidav considered that renewable energy power generation projects played a positive role on the local economic growth. According to the research organized by the World Bank, one-dollar consumption on primary industry can produce another 3 dollars for second and third economic activity. For example, construction of power station may contribute to expanding of local cement plant, or during the construction period of a geothermal or other renewable energy project, 200 labors or other staffs are required to employ resulting in the following-up service including the accommodation and training and other economic activities. 100MW geothermal power generation project will create local contract needs of about 50 million US dollars, following with large amount of other effect.

He made a comparison taking the example of ship-borne diesel engine power plant and coal power station. The former should be dragged to harbor and connected into the grid and powered by imported fuels, which can satisfy the emergent needs on electricity, but no obvious significance for the local economy. For the 150MW coal power station, it will produce emissions of CO₂ annually about 1 million tons, and other pollutants, of which environment impact is indispensable. It is estimated that the annual increment on current electricity needs in the Central America are ranging from 150MW to 200MW. To promote the exploitation of renewable energy will be of great significance to the economic growth.