The Ethiopian Energy Authority announced its plan to begin the Tulu Moye 520 MW geothermal electric energy project at a total cost of 2.5 Billion USD in Oromia State, West Arsi Zone. Tesfaye Kessa, Director of Geothermal Resource Development License and Administration Directorate with the Authority said that the Authority has been undertaking a number of activities to commence the project and to benefit the community by enhancing energy sources.
Unlike other sources of energy, geothermal energy is sustainable and it does not affect the environment adversely. “When we compare with hydro energy though it is a renewable source of power, if there is shortage of rain, it does not generate the required amount of energy,” he said. The project would have greater advantages for the social and economic growth of the country in terms of reducing power outages, he added.
The World Bank has published a Procurement Notice on behalf of Ethiopian Electric Power – P133613 – Ethiopia Geothermal Sector Development Project – ET-EEP-24663-CW-RFB
The invitation for bids for a Full Service Drilling Contractor and Consumable for Alalobad Geothermal Project in the Federal Democratic Republic of Ethiopia with Ethiopian Electric Power (EEP). The contract is tendered under a loan agreement of the World Bank with EEP/ Ethiopia.
Reykjavik Geothermal, a power developer backed by hedge fund billionaire Paul Tudor Jones II, is about to kick off a $4.4 billion project to bring volcanic energy to Ethiopia.
Tapping long-built Icelandic expertise in channeling volcanic power, the developer is preparing to start exploration drilling in September for two 500-megawatt plants in Corbetti and Tulu Moye, south of the capital Addis Ababa. At full-scale, each project would become the largest independent power producer in Africa, according to RG.
State utility firm Ethiopian Electric Power (EEP) on Monday signed an agreement with two Chinese firms and one Kenyan firm for the 70 MW geothermal energy drilling project. The two Chinese firms were Shandong Kerui Oilfield Service Group and Shandong Kerui Oilfield Service Group Co. Ltd. Another firm Kenya Electricity Generating Company was also part of the agreement.
In a press statement, EEP said the two Chinese firms and one Kenyan firm are expected to supply drilling materials as well as drill wells for possible geothermal energy sources in central Ethiopia. Named the Aluto- Langano geothermal project, it's part of the Ethiopian government's plans to generate up to 5,000 MW of geothermal energy in the coming few years. Ethiopia currently produces only 7.3 MW of geothermal energy.