| Title | The AUC/KFW Geothermal Risk Mitigation Facility (GRMF)--A Catalyst for East African Geothermal Development |
|---|---|
| Authors | Bloomquist, Gordon; Niyongabo, Philippe; El-Halabi, Raed; Loschau, Margit |
| Year | 2012 |
| Conference | Geothermal Resources Council Transactions |
| Keywords | Risk mitigation; exploration grants; drilling grants; GRMF; East Africa; African Rift; African Union Commission; KfW Development Bank |
| Abstract | The East African Rift is wildly believed to possess a tremendous potential for geothermal development. However, despite the potential and the need for substantial growth in electrical generation capacity throughout the region, development activities have been slow to materialise. A new program – Geothermal Risk Mitigation Facility – is now in place to accelerate development by providing costs share grants for exploration and reservoir confirmation drilling. |