CDM applied to a geothermal project in El Salvador and vision for the future

Abstract

As part of the strategy to increase generation LaGeo has developed a series of projects of geothermal energy to generate clean, green and renewable energy, using the current installed capacity and development of new geothermal areas, with a view to reduce the share of the energy matrix generation based on petroleum products. Because our projects have reduced emissions of greenhouse gases effectively as a contribution to the mitigation of climate change, we process this opportunity to certify projects and market reducing emissions in the process of Clean Development Mechanism (CDM). In this paper we share our experience in the CDM, methodology, results and current progress and future according to recent Paris Agreement in the COP21/CMP11. Aware that the development of the project cycle waves in the CDM and other existing facilities is high cost, long term and very uncertain