Tenerife delegation visits Azores to learn about geothermal development modelThe delegation from Energía Geotérmica de Canarias during a visit to the Pico Vermelho geothermal power plant in Azores (source: Diario de Tenerife)Carlo Cariaga 18 Sep 2025A delegation from Energía Geotérmica de Canarias visited the Azores to learn about the islands' geothermal development model and adapt learnings for Tenerife. Together with the Ribeira power plant, geothermal supplies about 33% of the renewable energy production in the island. Efforts are also underway to expand the capacities of both facilities, with the target of increasing renewable energy contribution to 53% by 2027 from the current 21%. Adapting learnings in island systemsEGC is a public-private consortium that is seeking to start geothermal development in the island of Tenerife. The possibility of using this energy in Tenerife and the Canary Islands means reducing production costs, which currently hover around €300 per MWh.