Ethiopia To Install 1GW Worth Of Geothermal Power

Ethiopia is adding 1,000 megawatts worth of geothermal power plants over the next four years with a $4 billion price tag. Two plants, Corbetti and Tulu Moye, will be run by a privately-owned utility in the country. It’s a move that will thrust Africa’s second-most populated country into a geothermal leader, which is a very attractive renewable energy in the area.

Both power plants will be located 124 miles south of Ethiopia’s capital, Addis Ababa, and the same geothermal farm. Split into a capacity of 500 megawatts each, the first one will be completed in 2018 with the second phase coming online in 2021. The Ethiopian government wants the country to become carbon neutral by 2025.

Reykjavik Geothermal, an American-Icelandic development company for the renewable energy, will be funding three-fourths of the project with the other $1 billion being borrowed. Reykjavik’s headquarters are in Iceland with offices in Ethiopia’s capital and in New York City. The company is now owned by United States investors.

According to Phys.org, Ethiopia has the potential to host three gigawatts of geothermal energy. This is the country’s first foray into the geothermal market. Ultimately, Addis Ababa has set a goal to reach over 17 gigawatts of renewable energy capacity, including hydropower and wind sources. At the moment, they have 4.3 gigawatts.


"No doubt the success of this effort will have a significant impact in the country's future economic well-being," Azeb Asnake, CEO of Ethiopian Electric Power, told Reuters. Energy produced by the new geothermal power plants will be used locally and exported to surrounding countries in Africa.

Gudmundur Thoroddsson, CEO of Reykjavik, believes that a geothermal renewable resource is ideal for Ethiopia. Oil prices fluctuate greatly in the region and the weather is extremely unreliable. Geothermal energy, produced by heat from the Earth that’s contained in rocks and fluids, is much more reliable and very clean. 

However, geothermal energy isn’t the best option for renewable power. There can be very high upfront costs, installing them poses surface instability risk, and they use a lot of water. However, Reykjavik is a company that pursues installing geothermal solutions in undeveloped countries and Ethiopia provides a great spot for its generation.

The geothermal project will likely face less resistance than the $4.1 billion Grand Renaissance Dam. Expected to generate up to six gigawatts at full capacity in the next decade, others in Egypt have voiced their concerns over slowing down the Nile River. After the first 25 years of operation of the geothermal power plants, ownership will move over to the EEP.

News'Source' Uses Solar Energy To Pull Drinkable Water From The Air

Two months after being released for United States households, Zero Mass Water demonstrates how their device that can generate drinking water out of thin air is able to fix some of the issues in water distribution at CES 2018.

5 days ago
NewsSolar-Powered School In Denmark Lets Kids Grow Their Own Food

C.F. Møller is in the process of building a new sustainable school in Denmark with a focus on raising plants, cooking food, and physical activity. 

5 days ago
RenewablesNikki Reed Is Using Dell's Gold E-Waste Scraps To Make Incredible Jewelry

Dell wants to draw attention to the global issue of e-waste, and encourage people to recycle their old electronics. They're upcycling the gold from their circuitboards into a beautiful line of affordable jewelry with actress and activist Nikki Reed.

7 days ago
NewsThese Stationless E-Bikes Are Ready To Hit The Pavement In San Francisco

The San Francisco Municipal Transportation Agency gave Social Bicycles, the creaters of JUMP Bikes, the first-ever city permit for a stationless e-bike system.

7 days ago
Stay Green
Sign up for our daily newsletter