Thermal and Geo Thermal Financing
Project Finance for Thermal and Geo-Thermal Power Plants
Despite the rise of renewable energy, thermal power plants remain crucial for energy security and economic growth globally, particularly in regions like Russia, the CIS, the EU, the USA, Latin America, Africa, the Middle East, India, and East Asia. Fossil fuel plants (natural gas, oil, coal) dominate the energy mix, while biomass power plants are gaining priority in many nations.
Thermal Power Plant Projects: Key Considerations and Models
The Role of Fossil Fuels in Energy Transition
Despite the global shift towards renewables, fossil fuels remain vital due to vast coal, oil, and gas reserves. Companies developing thermal power projects must choose appropriate financing models, such as bank loans, project finance, or bond issuance, based on asset value, projected cash flow, electricity demand, and fuel prices.