DE-RISKING GEOTHERMAL EXPLORATION 

This workshop will detail the key risks in the exploration stage of geothermal development and identify measures to de-risk, mitigate and reduce these risks, and furthermore what an acceptable level of risk a project (developer or lender) can bear.

Topics will include de-risking from and technical, ESS and commercial standpoint, early identification of critical risks/issues and strategies for avoidance/management.

This workshop will be presented in collaboration with PT SMI and will be interactive with discussions and Q&A.

Our Key Speakers will include:
Greg Ussher (Geothermal Advisor), Alex Batten (Senior Power Plant Specialist), Martin Wibowo (Environmental Specialist), Jaime Quinao (Geothermal Resource Engineer), Steve Vincent (Asia Energy & Power Lead) – Jacobs Josua Partogi (ESS Team Leader), Sylvi J Gani (Financing & Investment Director) – SMI

08:00 – 09:00 – REGISTRATION

Duration – 60′

09.00 – 10.15 – KEY RISKS IN EXPLORATION PHASE – INTRODUCTION
To gain an understanding of key risks or uncertainties with a reservoir (eg. temperature, pressures, chemistry), or the physical environment and social impacts and how they influence and impact exploration drilling. An understanding of how these may be mitigated or reduced, but possibly not eliminated and what is an acceptable level of risk a project (or lender) can bear.

Duration – 75′

PRESENTER
Greg Ussher – Jacobs
Alex Batten – Jacobs
Jaime Quinao – Jacobs 

10.15 – 10.45 – COFFEE BREAK

Duration – 30′

10.45 – 12.00 – ESS, PERMITTING, GENDER
FOLLOWED BY DISCUSSION, Q&A
Environmental and Social issues can severely delay, or even kill projects. Understanding the key issues and requirements for international financing, social license to operate, critical habitats, gender issues, health & safety, environmental permitting. having a permitting strategy, the timeframes to gain permits, and in the right sequence. Early identification of critical risks/issues and strategies for avoidance/management. 

Duration – 75′

PRESENTER
Martin Wibowo – Jacobs
Josua Partogi – SMI

12.00 – 13.00 – LUNCH BREAK

Duration – 60′

13.00 – 14.15 – DE-RISKING EXPLORATION FROM LENDER’S PERSPECTIVE
FOLLOWED BY DISCUSSION, Q&A
What the key risks are related to geoscience and the resource, infrastructure, drilling, timelines and schedules – An understanding of how these may be mitigated or reduced, but possibly not eliminated and what is an acceptable level of risk a project can bear. Planning for potential outcome and scenarios, allow for range of outcomes when establishing success criteria and project commercial elements.

Duration – 75′

PRESENTER
Greg Ussher – Jacobs
Jaime Quinao – Jacobs
Steve Vincent – Jacobs

14.15 – 14.45 – COFFEE BREAK

Duration – 30′

14.45 – 16.00 – DE-RISKING EXPLORATION FROM LENDER’S PERSPECTIVE
FOLLOWED BY DISCUSSION, Q&A
To gain understanding about the de-risking of geothermal exploration from lender’s perspective, to share the available geothermal exploration de-risking facilities to the geothermal developers, overview of GEUDP (government drilling) and/or GREM facilities.

Duration – 75′

PRESENTER
Sylvi J Gani – SMI

16.00 – CLOSING

*to be confirmed
This agenda is subject to change without prior notice

DE-RISKING GEOTHERMAL EXPLORATION 

Following the previous day workshop on de-risking exploration, this half day workshop will look forward at greenfield projects and how to optimize them.

This will focus on power development concepts that make effective use of resource while achieving value and robustness in the face of resource uncertainty. Also, we will discuss how to optimize existing projects in response to changing resource conditions. We will present actual project examples and project development scenarios that demonstrate the key concepts.

This workshop will be interactive with discussions and Q&A.

Our Key Speakers will include:
Greg Ussher (Geothermal Advisor), Alex Batten (Senior Power Plant Specialist), Jaclyn Urbank (Geothermal Engineering Technologist), Steve Vincent (Asia Energy & Power Lead), Gandi Iswara (Senior Process Engineer) – Jacobs

08:00 – 09:00 – REGISTRATION

Duration – 60′

09.00 – 10.15 – OPTIMISATION OF PLANTS AND PROJECTS
To gain an understanding of key risks or uncertainties with a reservoir (eg. temperature, pressures, chemistry), or the physical environment and social impacts and how they influence and impact exploration drilling. An understanding of how these may be mitigated or reduced, but possibly not eliminated and what is an acceptable level of risk a project (or lender) can bear.

Duration – 75′

PRESENTER
Alex Batten – Jacobs
Jaclyn Urbank – Jacobs
Steve Vincent – Jacobs
Gandi Iswara – Jacobs

10.15 – 10.45 – COFFEE BREAK

Duration – 30′

10.45 – 12.00 – OPTIMISATION OF PLANTS AND PROJECTS (CONTINUE) FOLLOWED BY DISCUSSION, Q&A
Optimising existing projects Linking in with changing resource. Project examples. 

Duration – 75′

PRESENTER
Alex Batten – Jacobs
Jaclyn Urbank – Jacobs
Steve Vincent – Jacobs
Gandi Iswara – Jacobs

12.00 – 13.00 – LUNCH BREAK

Duration – 60′

13.00 – 14.15 – GEOTHERMAL PROJECT ECONOMIC VALUATION
FOLLOWED BY DISCUSSION, Q&A
Gain knowledge of finance methodology and technique in geothermal power project valuation with Discounted Cash Flow, Scenario Analysis and Real Option Value models. Overview of Project Finance in financing geothermal power project.

Duration – 75′

PRESENTER
Abiman Insadi

14.15 – 14.45 – COFFEE BREAK

Duration – 30′

14.45 – 16.00 – FINANCIAL MODELING
FOLLOWED BY DISCUSSION, Q&A
Review economic parameters for decision to develop geothermal fields, review input variables sensitivities for managing uncertainties. Overview of financial modeling structure (EXCEL).

Duration – 75′

PRESENTER
Abiman Insadi

16.00 – CLOSING

*to be confirmed
This agenda is subject to change without prior notice