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PROMOTING
GEOTHERMAL
… and the need for the right investment

Alexander Richter
Canadian Geothermal Energy Association (CanGEA)

ThinkGeoEnergy.com
@thinkgeoenergy

6 December 2011 – GeoPower Europe, Milan/ Italy
ThinkGeoEnergy.com
•  Global news
•  Job Portal
•  Geothermal Power
   Plant Map
•  Social media
•  iPhone app
•  Free pictures
•  Services
GeoEnergy	
  
PERCEPTION "
AND POSITION OF
THE INDUSTRY
Geothermal utilization
Coal
                  Gas
                Hydro




                                                            Wind
                        Nuclear
           Oil
                                                            Biomass


                                                   Waste




        Geothermal electricity generation"
                               in TWh, IEA 2008
“Geothermal
energy, potentially
the largest – and
presently most
misunderstood -
source of energy”

Al Gore, Our Choice
PUBLIC
RELATIONS "
& MARKETING
Public relations
  The maintenance of a favorable public
  image by an organization or a famous person
  
  The actions of a corporation in 
  promoting goodwill 
  between itself and the public, the community,
  employees, customers etc. 



                                        Source: Collins English Dictionary
Marketing
  The organizational function and a set of processes
  for 
  creating, communicating, and delivering
  value to customers and for managing
  customer relationships !
  in ways that benefit the organization and its
  stakeholders


                                   Source: American Marketing Association
Defining target groups
  General public
  Politics – local vs. national
  Stakeholders
  Strategic partners
  Investors/ banks
  Media – specialized or general
General (public opinion & politics)
     Under-promise and over-deliver!
                  vs.
     Over-promise and under-deliver!




 Examples:
   5,000 MW 
   170 projects
      Vast 
               by 2015
     5,400 MW
      resources
Politics
   Promise vs. delivery
   Marketing vs. public relations
   Lobbying/ industry voice
   Terms of election
   Responsibilities
   Long-term vs. short-term
   Champions
Investors & financial institutions
  Definition of targets
  Documentation
  Partners
  Project choice based on availability of finance
  Vendor-based financing (approach)
  Reporting Codes vs. Terms & Definitions
North American geothermal stocks

                             Alterra 
                           Ormat
                             Power (AXY)
                  Technologies
                                                                 (ORA)




      Ram 
          Nevada Geothermal Power
      Power (RPG)
   (NGP)
                       US 
                                                  Geothermal (GTH)




                                            Chart courtesy of Google Finance
Events
       Key target areas and audience
       Geothermal vs. all-renewables
       Sale vs. general promotion
       Scientific/ academic vs. business development
       Topical, regional vs. multi-national
       
       Number of events:
                                                                  7
                                                  6
      6
                                                                          4
                                                                                  3
  1
      1
      1
      1
              1
                                              1
      1

Mar '11 Apr '11 May '11 Jun '11 Jul '11 Aug '11 Sep '11 Oct '11 Nov '11 Dec '11 Jan '12 Feb '12 Mar '12
MEDIA
General and specialized media
•  General
•  Specialized
•  Focus
•  Online/ print
•  Press releases
•  Interviews
•  Relations
•  Availability
•  Documentation
…
Social media
 Facebook
         Social network
 Twitter
          
 LinkedIn/ Xing
   Business
 Google+
          development
 Ning
             
 Slideshare
       News, promotion
 Flickr
           
 YouTube/ Vimeo
   Documents/
 Issuu
            visibility
 RSS feeds
ThinkGeoEnergy
Engagement of readers/ interest groups




       843!                  520!             595!
                Followers
                                     Group
          News-
                                                     letter




                                                 as of Dec. 6, 2011
ThinkGeoEnergy - readership
Daily visits: 650 (average last 12 months)

          U.S.                                              28.55%
      Canada              5.41%
   Philippines           5.12%
            UK           5.01%
     Australia          4.87%
        Kenya
     Germany
                        4.66%
                       4.37%
                                       Global/ regional reach
       Iceland       3.70%
                         Language(s)
         India      3.38%
    Indonesia      2.76%
        Japan     2.45%
 New Zealand     2.15%
    188 Other                                             27.57%
                                               Last 12 months (Nov. 30, 2011)
SUMMARY
POSITIONING
•  Role of geothermal in global picture
•  Promotion tailored for targets
•  Utilization of available tools
•  The need to spend money on marketing,
   promotion & lobbying
•  Concerted efforts in promotion to public and
   politics necessary
Picture credits
     Geothermal Heat Pump –        Drilling rig in Basel,      Concentrating solar power
     Garden loop
                  Switzerland
                plant
     
                             
                           
     Source:                       Source: Georgios Kefalas/   Source: National
     Winnipegwomen.com
            AP, msnbc.msn
              Instruments
     
                             
                           
     Széchenyi Thermal Baths,      Drilling rig iat Bald       Newspaper stand
     Budapest/ Hungary
            Mountain, California
       
     
                             
                           Source: 4FreePhotos
     Source: Flickr/ Vlastula,     Source: Oski Energy
        
     creative commons
             
     
     Wairakei geothermal power     Langenhorn wind park,       Renewable Energy World
     plant, Waikato, NZ
           Friesland, Germany
         Magazine North America
     
                             
                           
     Source: Ingolfson, creative   Source: EPAW.org
           Source: Online.Qmags
     commons
                      
                           
     

     Al Gore in An Inconvenient    Reykjanes geothermal        Geothermal
     Truth
                        power plant, Iceland
       advertisement/ EnBW by
     
                             
                           Jung v. Matt
     Source: Eric Lee/ Paramount   Source: ThinkGeoEnergy
     
     Pictures
                     
                           Source: Guerilla-Marketing
Contact
Alexander Richter

Canadian Geothermal Energy Association (CanGEA)
alexander@cangea.ca

ThinkGeoEnergy.com
alex@thinkgeoenergy.com

Follow me:
   Twitter: @thinkgeoenergy
   LinkedIn Group: ThinkGeoEnergy
   Flickr.com/thinkgeoenergy
   YouTube.com/thinkgeoenergy
   Slideshare.com/thinkgeoenergy

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GeoPower Europe, Dec. 6, 2011

  • 1. PROMOTING GEOTHERMAL … and the need for the right investment Alexander Richter Canadian Geothermal Energy Association (CanGEA) ThinkGeoEnergy.com @thinkgeoenergy 6 December 2011 – GeoPower Europe, Milan/ Italy
  • 2. ThinkGeoEnergy.com •  Global news •  Job Portal •  Geothermal Power Plant Map •  Social media •  iPhone app •  Free pictures •  Services
  • 4. PERCEPTION " AND POSITION OF THE INDUSTRY
  • 6. Coal Gas Hydro Wind Nuclear Oil Biomass Waste Geothermal electricity generation" in TWh, IEA 2008
  • 7. “Geothermal energy, potentially the largest – and presently most misunderstood - source of energy” Al Gore, Our Choice
  • 8.
  • 9.
  • 11. Public relations The maintenance of a favorable public image by an organization or a famous person The actions of a corporation in promoting goodwill between itself and the public, the community, employees, customers etc. Source: Collins English Dictionary
  • 12. Marketing The organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships ! in ways that benefit the organization and its stakeholders Source: American Marketing Association
  • 13. Defining target groups General public Politics – local vs. national Stakeholders Strategic partners Investors/ banks Media – specialized or general
  • 14. General (public opinion & politics) Under-promise and over-deliver! vs. Over-promise and under-deliver! Examples: 5,000 MW 170 projects Vast by 2015 5,400 MW resources
  • 15. Politics Promise vs. delivery Marketing vs. public relations Lobbying/ industry voice Terms of election Responsibilities Long-term vs. short-term Champions
  • 16. Investors & financial institutions Definition of targets Documentation Partners Project choice based on availability of finance Vendor-based financing (approach) Reporting Codes vs. Terms & Definitions
  • 17. North American geothermal stocks Alterra Ormat Power (AXY) Technologies (ORA) Ram Nevada Geothermal Power Power (RPG) (NGP) US Geothermal (GTH) Chart courtesy of Google Finance
  • 18. Events Key target areas and audience Geothermal vs. all-renewables Sale vs. general promotion Scientific/ academic vs. business development Topical, regional vs. multi-national Number of events: 7 6 6 4 3 1 1 1 1 1 1 1 Mar '11 Apr '11 May '11 Jun '11 Jul '11 Aug '11 Sep '11 Oct '11 Nov '11 Dec '11 Jan '12 Feb '12 Mar '12
  • 19. MEDIA
  • 20. General and specialized media •  General •  Specialized •  Focus •  Online/ print •  Press releases •  Interviews •  Relations •  Availability •  Documentation …
  • 21. Social media Facebook Social network Twitter LinkedIn/ Xing Business Google+ development Ning Slideshare News, promotion Flickr YouTube/ Vimeo Documents/ Issuu visibility RSS feeds
  • 22. ThinkGeoEnergy Engagement of readers/ interest groups 843! 520! 595! Followers Group News- letter as of Dec. 6, 2011
  • 23. ThinkGeoEnergy - readership Daily visits: 650 (average last 12 months) U.S. 28.55% Canada 5.41% Philippines 5.12% UK 5.01% Australia 4.87% Kenya Germany 4.66% 4.37% Global/ regional reach Iceland 3.70% Language(s) India 3.38% Indonesia 2.76% Japan 2.45% New Zealand 2.15% 188 Other 27.57% Last 12 months (Nov. 30, 2011)
  • 26. •  Role of geothermal in global picture •  Promotion tailored for targets •  Utilization of available tools •  The need to spend money on marketing, promotion & lobbying •  Concerted efforts in promotion to public and politics necessary
  • 27. Picture credits Geothermal Heat Pump – Drilling rig in Basel, Concentrating solar power Garden loop Switzerland plant Source: Source: Georgios Kefalas/ Source: National Winnipegwomen.com AP, msnbc.msn Instruments Széchenyi Thermal Baths, Drilling rig iat Bald Newspaper stand Budapest/ Hungary Mountain, California Source: 4FreePhotos Source: Flickr/ Vlastula, Source: Oski Energy creative commons Wairakei geothermal power Langenhorn wind park, Renewable Energy World plant, Waikato, NZ Friesland, Germany Magazine North America Source: Ingolfson, creative Source: EPAW.org Source: Online.Qmags commons Al Gore in An Inconvenient Reykjanes geothermal Geothermal Truth power plant, Iceland advertisement/ EnBW by Jung v. Matt Source: Eric Lee/ Paramount Source: ThinkGeoEnergy Pictures Source: Guerilla-Marketing
  • 28. Contact Alexander Richter Canadian Geothermal Energy Association (CanGEA) alexander@cangea.ca ThinkGeoEnergy.com alex@thinkgeoenergy.com Follow me: Twitter: @thinkgeoenergy LinkedIn Group: ThinkGeoEnergy Flickr.com/thinkgeoenergy YouTube.com/thinkgeoenergy Slideshare.com/thinkgeoenergy