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Analysts have widely observed that the new law is a vast improvement over the previous law, but so far little concrete has been accomplished through it. No Specific Law for Geothermal Geothermal Sites / Projects Venezuela has an estimated 910 MWe of geothermal power potential. About60%ofVenezuelahasbeencoveredby reconnaissancegeothermalsurveysincludinggeologicand water geochemical studies. The German naturalist, Alexander von Humboldt, was the first to make a scientific description of a Venezuelan hot springin1800. Systematicstudyofthehotspringsof central Venezuela began in 1969 and was continued in the northeastern part of the country in 1975 where geological and geochemical studies showed that some areas have potentialforelectricitygeneration. In 1981, the Universidad Central de Venezuela (UCV) startedadetailed“NationalGeothermalInventory”covering the central, eastern, and southern regions. The geothermal systems of Táchira and Mérida were investigated by Burgueraetal. ThestatesofZulia,Trujillo,Lara,Barinas, andPortuguesahavenotbeencoveredtodate. Thedata from the inventory and from previous published and unpublished reports has been stored in a computerized data bank that contains geographical, geological, and geochemicalinformationfrom361geothermalsites. No drilling has taken place. Geothermal manifestations and related features in northeastern Venezuela , particularly in the state of Sucre, e.g., sulfur deposits, acid-sulfate alteration zones, and mud volcanoes,havebeeninvestigatedindetail. Themost promising system for possible electrical generation is Las Minas,nearElPilar,inSucre. TheElPilarfaultsystemis seismicallyactivewithfociofupto15kmdepth. Other major faults in northeastern Venezuela are the San Francisco and Urica right-lateral strike-slip faults. Other medium and low temperature systems appear useful fordirectuseapplications. In 1975, a systematic study began to identify Venezuela’s geothermal potential, and in 1979 a geothermal resources assessmentwaspublished. In1980,abasicplanfor evaluating the country’s geothermal resources was prepared, and a reconnaissance study begun in 50,000 km2 inthenortheasternpartofthecountry. Asaresult,in1981, El Pilar-Casanay and Barcelona-Cumana were selected as priority areas for more detailed geothermal studies. Geothermal Resources in Latin America & the Caribbean 183PDF Image | Geothermal Resources in the Caribbean and Latin America
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