Environmental impact assessment and public participation of geothermal energy projects: the cases of Chile, Costa Rica, Colombia, and Mexico

Olave, Miguel Saldivia; Vargas-Payera, Sofía

doi:10.1016/b978-0-12-819521-5.00012-7

Cited by 5 publications

(3 citation statements)

References 7 publications

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“…Cerro Pabellón was the first South American geothermal power plant [37]. However, local indigenous groups claimed that it had threatened their cultural and natural heritage [10].…”

Section: Evaluating Energy Justicementioning

confidence: 99%

“…According to Olave and Vargas-Payera [37], geothermal exploitation in Chile's had weak environmental evaluations compared to the principles of sustainable development. Note that the Chilean state has owner participation in the Cerro Pabellón project as the National Petroleum Company (ENAP) has a part of the companies' shares via a joint venture.…”

Section: What About Ncres?mentioning

confidence: 99%

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Socio-Ecological Controversies from Chilean and Brazilian Sustainable Energy Transitions

et al. 2023

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Chile and Brazil have been historically recognised in South America for having a high share of renewable sources in their primary energy matrices. Furthermore, in the last two decades, aligned with the global efforts to conduct a sustainable energy transition, both countries have experienced a successful introduction of nonconventional renewable energy for power production. Nevertheless, some experiences with renewable sources have been demonstrated to be not entirely societally and environmentally friendly, as some local human communities and ecosystems are threatened, and conflicts have emerged, regardless of low-emission technology. Using the cases of Chile and Brazil, we aim to explore the socio-ecological dimension of sustainable energy transition―which has sometimes been ignored. We analyse the controversies regarding renewable energy and the emergence of socio-ecological conflicts through the principles of justice in transitions. Critical renewable conflicting power projects are identified using the Atlas of Environmental Justice’s database. Considering those experiences, we believe that reinforcing decision-making processes should be in synergy with identifying new alternatives to develop energy in both countries. Placing justice approaches at the centre of public policies is imperative to developing sustainable policies in the future.

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“…Cerro Pabellón was the first South American geothermal power plant [37]. However, local indigenous groups claimed that it had threatened their cultural and natural heritage [10].…”

Section: Evaluating Energy Justicementioning

confidence: 99%

Section: What About Ncres?mentioning

confidence: 99%

Socio-Ecological Controversies from Chilean and Brazilian Sustainable Energy Transitions

et al. 2023

View full text Add to dashboard Cite

show abstract

“…Energy transition involves more than just a technological change from fossil fuels to renewables. It also covers the social, economic, and environmental aspects of developing and implementing clean energy sources (Saldivia Olave & Vargas-Payera, 2020) [4]. In the past, it was widely accepted that institutional investors aimed to maximize short-term shareholder value, often considering social and environmental impacts as optional trade-offs.…”

Section: Literature Reviewmentioning

confidence: 99%

ESG Integration into Company Valuation: Case Study of PT Surya Energi Indotama

Daffa,

Nainggolan

2023

IJCSRR

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The commitment of Indonesia to the Paris Agreement has prompted the government to issue regulations supporting the development of renewable energy in the country. Utilizing Environmental, Social, and Governance (ESG) criteria allows investors to align their values with their investments and effectively evaluate a company’s risk management capabilities. Companies that prioritize ESG principles, particularly those involved in renewable energy production, can seize opportunities arising from this situation. PT Surya Energi Indotama (SEI), a company that has not engaged in equity funding before, aims to capitalize on these opportunities. To assess the value of PT SEI, both absolute valuation and relative valuation methods are employed. Recognizing the potential of ESG factors to enhance company value, the author implements the Value Driven Adjustment approach and incorporates the SASB industry ESG standard. The valuation analysis reveals a potential valuation increase of up to 30%.

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Heat in the news: Geothermal energy in Chilean newspaper coverage

Vargas-Payera

2024

Renewable Energy

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Environmental impact assessment and public participation of geothermal energy projects: the cases of Chile, Costa Rica, Colombia, and Mexico

Cited by 5 publications

References 7 publications

Socio-Ecological Controversies from Chilean and Brazilian Sustainable Energy Transitions

Socio-Ecological Controversies from Chilean and Brazilian Sustainable Energy Transitions

ESG Integration into Company Valuation: Case Study of PT Surya Energi Indotama

Heat in the news: Geothermal energy in Chilean newspaper coverage

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