Analysis of the potential, market and technologies of geothermal resources in Honduras

Abstract

Honduras is a country with a significant geothermal potential that currently is not being exploited as a source of energy generation. Considering the above, this paper describes an analysis of the potential utilization of geothermal resources in the country. Various aspects are taken into account such as the existing legal framework regulating the energy sector, geothermal potential of Honduras and the identification of markets for geothermal resources. High, medium and lowtemperature resources at different locations are considered. Different utilization technologies for power generation and direct uses are identified. The main on-going activities related to geothermal development in Honduras are described. They will serve as lessons learned for potential public and private investors in this field.