Russia to invest US$200 million in geothermal energy development

Renewable energy is now big news with the USA’s new president enacting legislation against fossil fuel development within days of his inauguration. However, changes have already been happening in other major superpowers, as Eugene Gerden reports on Russia’s plans for increased geothermal energy usage.

Russia to invest US$200 million in geothermal energy development Russia to invest US$200 million in geothermal energy development Russia to invest US$200 million in geothermal energy development Russia to invest US$200 million in geothermal energy development Russia to invest US$200 million in geothermal energy development

The 50MW capacity Mutnovskaya geothermal plant, in Petropavlovsk-Kamchatka region is Russia's largest geothermal power generating facility

According to recent statements, made by senior officials of the Russian Ministry of Energy and local analysts the Russian government plans to invest about US$200 million in the development of domestic