Overview

The international demand for geothermal energy is growing. Asia Pacific, host to the world's top producers of geothermal power, is poised to see significant growth as geothermal energy emerges as a viable source of green, reliable and cut-rate power. While past geothermal usage is minimal, the region is expected to see a boom kindled by the convergence of increasing energy security concerns; economic progress, especially in developing markets; electrification of low-income and rural communities; emergence of low-cost and efficient technologies; and rising environmental awareness.

In this newsletter, Baker & McKenzie focus on the top geothermal destinations in Asia Pacific - the Philippines, Indonesia, Japan, Australia and Vietnam - and the economic and regulatory factors that are taking the steam out of traditional power sources and directing international attention towards geothermal energy.

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