View to Cotopaxi in Quito, Ecuador (source: flickr/ Jaime Golombek, creative commons)
The IDB has published a call for Expressions of Interest for consultancy services to formulate a geothermal development plan for Ecuador.
The Inter-American Development Bank (IDB) has published a tender for consulting services to formulate a “Geothermal Development Plan in Ecuador / Plan de Desarrollo de la Geotermia en Ecuador (PDG).”
The deadline for the submission of Expressions of Interest will be on the 15th of February 2024. For inquiries and sending of EOIs, please email plan.geotermiaecuador@energiayminas.gob.ec.
The official tender document can be downloaded via this link.
The term of the consulting services is twelve (12) months, counted from the date of delivery of the advance payment.
The Ministry of Energy and Mines of Ecuador has received financing from the IDB and intends to use a portion of the funds for the consulting service contract. The consulting service to be contracted includes the execution of a “Geothermal Table” made up of 5 axes of study that will cover the following aspects:
- Regulatory
- Technical
- Economic-Financial
- Socio-Environmental
- Direct Uses
Each of the axes of the “Geothermal Table” indicated will generate specific products. This will allow the formation of a national strategy called “Geothermal Development Plan in Ecuador” for the purposes of electricity generation as well as application for direct use at the national and local levels.
The “PDG” will establish the necessary guidelines for decision makers of government entities, investors, private entities, and academia in the short and medium term. These have to be aligned with the fulfillment of the national objectives of the energy sector, strategic planning, and sustainable use of the country’s geothermal resources.
The service to be offered must include the execution of at least three (3) face-to-face analysis workshops in key phases of the development of the consultancy. These workshops are aimed at identifying barriers in each axes of the “Geothermal Table” and must be carried out with the active participation of actors identified in the development of geothermal projects from public and private entities, academia, financiers, and other relevant national and international entities.
Source: Inter-American Development Bank