| Abstract |
The exploration activities for locating geothermal resources in Chile have expanded significantly in the past five years, in light of the electricity shortage supply due to lack of natural gas and rising producing cost. Recent efforts by the National Electricity Commission (CNE) and State policies encouraging renewable energy development, will likely install geothermal development on our lands in the future, helping to diversify the electricity sources. Under the Geothermal concession Law and Non Conventional Renewable Energy (ERNC) Law, plus the fact that 10% of electricity generation should come from ERNC by 2024 and the possibility of recovering part of drilling costs in case of failure in exploration projects, with no doubt will ensure the geothermal development in Chile. In this scenario, Energia Andina, a private Chilean company established in Chile in 2008, is developing its business in several exploration concessions, most of them located in central and northern Chile. Through this paper we will comment technical and non-technical issues to have in mind in order to be successful in managing and completing the exploration activities, at least in the formal process required by the Chilean legislation of getting licenses and the approval of local people and authorities. |