DEVELOPMENT OF REGION BY UTILIZATION OF GEOTHERMAL POWER PLANT

Michal Cehlar () and Zuzana Jurkasova ()
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Michal Cehlar: Technical University of KoSice, BERG Faculty, Department of Business and Management, Slovakia
Zuzana Jurkasova: Technical University of KoSice, BERG Faculty, Department of Business and Management, Slovakia

Theoretical and Empirical Researches in Urban Management, 2015, vol. 10, issue 2, 66-77

Abstract: It is obvious that Geothermal Power Plant is the kind of projects, which may be very attractive in certain regions but may seems difficult and risky on the first look and if not properly developed. Specially in the regions and countries where are missing references for such kind of projects this project may be pioneer type and from the beginning will for sure request lot of ambitions and patience from site of developer and project owners and lot of confidence from administration and official governmental bodies and or banks and investors. It is therefore necessary to have a precise formation in the early beginnings in the individual feasibility studies. On this particular example can be seen as specifically described below in respect of this project geothermal energy. The case study compares three possible alternatives, not only technically but also economically. Also, comparing the results through dynamic economic indicators, which taking into account in particular the aspect of time, thus are leading to significantly greater objectivity and project implementation

Keywords: geothermal energy; geothermal power plant; innovative project; geothermal energy; economical parameters (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:rom:terumm:v:10:y:2015:i:2:p:66-77

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