.png){kind=small}
COLOMBIA'S GEOTHERMAL PARADISE
A Model for the Future
The Cóndor Paipa Project not only symbolizes Colombia's progress towards a cleaner and more sustainable energy matrix, but also an example of how responsible management of natural resources
can generate asting social, economic and environmental benefits. With this initiative, Dewhurst Group reaffirms its commitment to a sustainable energy future for Colombia, in which innovation, collaboration and responsibility converge to improve the quality of life of communities and preserve the environment for future generations.
Geographical location of the project
The Cóndor Paipa Geothermal Project is located in the municipality of Paipa, Boyacá. This map is for geographic reference purposes only, to locate the municipality within Colombia and the region.
It does not represent the project's exploration area, nor does it imply that activities are taking place
throughout the entire municipality.
PAIPA, BOYACA-COLOMBIA
Surface area
Total 306 km²
Altitude
Average 2525 m a.s.l.
Population (2023)
Total 35,370 inhabitants
Density 104.17 inhabitants/km²
Urban 22,125 inhabitants
Project activities are carried out only in specific, delimited areas, which are described below.
Cóndor Paipa Geothermal Area
This map shows the area granted by the Ministry of Mines and Energy for exploration in the Cóndor Paipa geothermal area.
This corresponds to 9.98 km².
This delimitation establishes the perimeter within which technical studies may be carried out, aimed at characterizing and evaluating the geothermal resource.
It is important to clarify that:
It does not imply simultaneous or total intervention of the territory.
The activities in this stage are specific and will be carried out progressively and according to technical planning.
Exploratory activities will be conducted in accordance with
the environmental requirements and permits established
by the competent authority.
Strategic Approach and Phased Planning
The development of Cóndor Paipa will be carried out in several strategic phases, each focused on optimizing the use of the geothermal resource and ensuring the technical, economic and environmental sustainability of the project.
The main stages are described below:
1. Geothermal Exploration:
Based on studies by the Colombian Geological Service and independent assessments, this initial phase will be dedicated to the identification and evaluation of the geothermal resource. These studies will determine the viability of the project, ensuring that the energy and environmental benefits are maximized.
The Energy of the Future Emerges Here
Economic Impact and Investment Projection
The Condor Paipa Geothermal Project is designed as a strategic long-term initiative that will drive economic, energy, and social development in the region. The project represents a potential investment of up to USD 180 million throughout its various development and expansion phases, reflecting the scale and significance of this commitment to Colombia’s energy transition.
With an estimated operational lifespan of 30 years, and through sustainable management practices and responsible stewardship of the geothermal resource, the project has the potential to generate benefits for more than a century. It is expected to become a catalyst for regional development, job creation, business growth, and the attraction of new investment opportunities.
The project's most significant economic impacts include:
Agricultural Sector
Tourism and Hospitality
Improving productivity in agro-industrial processes, promoting
sustainable practices and energy efficiency in agricultural production.
Development of thermal centres, eco-friendly destinations and tourist attractions that will take advantage of the region's natural resources, promoting more responsible and environmentally conscious tourism.
Key Project Components:
1. Electricity Generation
The project involves the construction of a geothermal plant that will supply clean and renewable energy to the Colombian electrical grid, using the favorable geological conditions of Boyacá.
2. CEG-Geothermal
Center of Excellence
.png)
The creation of a geothermal center of excellence is planned, which will serve as a space for training, research and knowledge transfer. This center will contribute to strengthening the geothermal industry in Colombia and Latin America.
3. Restructuring under a Public-Private Partnership (PPP) Model
The project is being restructured as a Public-Private Partnership (PPP), which will allow the active participation of various actors and will invest in strengthening public infrastructure and private investment.
4. Impact on Sustainability
The project is designed to integrate with the best sustainable practices, prioritizing environmental conservation and the efficient use of resources.
Strategic Importance:
Energy Diversification:
Regional Development:
Regional Reference:
The project will contribute to diversifying Colombia's energy matrix, reducing its dependence on fossil and hydroelectric sources.
It will generate a direct impact on the local economy, creating jobs and strengthening the capacity of communities to take advantage of natural resources in a sustainable manner.
Cóndor Paipa will position itself as a reference model for future geothermal projects in Latin America, contributing to the expansion of geothermal energy in the region.
REPRODUCE THE VIDEO
Discovering
Geothermal Energy
Didactic Material
Project Progress
Project Milestones
SOCIAL DEVELOPMENT
.jpg)
Do you have questions or queries about the Cóndor Paipa geothermal project?
We are here to listen to you and provide you with all the information you need. We invite you to sign up on our contact form so that we can resolve your concerns in a personalized way.
Your opinion and questions are very important to us.
Sign up now and let's work together for a more sustainable future!