Geothermal Energy - News, Trends, Geothermal Energy Links
Google, GE to Collaborate on Smart Grid, Geothermal
GE and Google don’t have a lot in common, but the industrial giant and the Internet powerhouse share an interesting in renewable energy. So they have come together to lobby for a so-called smart electricity grid and to collaborate, albeit in an unspecified way, in research into geothermal energy. - Read More
Tags : smart grid geothermal google general electric
Topics : Finance
New USGS Study Says Geothermal Has High Potential
A study today from the U.S. Geological Survey suggests geothermal has the potential to generate 529.9 gigawatts of electricity in the United States. Of the untapped potential, about 9 GW could come from conventional, identified geothermal systems, the study said. More than 30 GW could come from conventional, undiscovered geothermal resources, and the remainder could come from unconventional geothermal systems with high temperatures but low permeability of rock formations. - Read More
Tags : geothermal USA geothermal usa
Glitnir projects $29B U.S. geothermal energy sales
Iceland bank says potential electricity sales from enhanced geothermal tech in the US could be as high as $29 billion a year, according to Iceland’s Glitnir Bank. Glitnir, a leading geothermal investor in North America, noted that the United States leads the rest of the world in geothermal energy production, with 2,958 megawatts installed. The Philippines is the second largest geothermal producer in the world - Read More
Tags : geothermal usa geothermal philippines
Geothermal supplies only 0.4% of US energy needs, but its potential is huge
Geothermal energy currently supplies only 0.4 percent of the current U.S. energy needs, but the untapped potential is huge, Glitner Bank noted, citing reports recently released by Massachusetts Institute of Technology and the U.S. Geological Survey
Tags : geothermal usa geothermal
Enhanced geothermal tech
Conventional geothermal projects make use of hydrothermal energy that can be accessed five kilometers (3.1 miles) from the surface. But enhanced geothermal tech are being used to reach the untapped geothermal resources identified in MIT & USGS reports. Techniques being studied aim to go even deeper without increasing installation, operation costs. They try to create geothermal reservoirs, stimulate production, and measure flow rates. Similar tech is being used for oil and gas fields. - Read More
Tags : geothermal
India's First Geothermal Co
India's first geothermal company GeoSyndicate Power Private Ltd has been granted permission to assess the potential through exploratory drilling, which is expected to commence during the second half of this year, company Chairman D Chandrasekharam said.GeoSyndicate is a knowledge based company, which made remarkable progress in geothermal energy sources. -- 06.08.2008 - Read More
Glitnir Bank to bring geothermal to India
India has planned $475 billion in energy investments over the next five years, with $120 billion to $130 billion targeted for tax credits, but it could be a hard sell for steam power in the country. "The Indian government is kind of skeptical, because there's been a lot of people who have talked about geothermal, but they've never done anything." Glitnir is bringing plenty of expertise to India. In Iceland, 90 percent of all homes are heated with geothermal power. -- February 6, 2008 - Read More
Retrofitting existing buildnigs with geothermal
Retrofitting existing buildings with geothermal systems. The point of the exercise would be to test a funding model that would provide easy and cheap access to retrofit capital and prove to the bank that it's a business opportunity that could be replicated and expanded into billion-dollar funds aimed at different sectors. - Read More
Biz Opportunities in Geothermal Sector in Turkey
A detailed 2003 document on the status and potential for geothermal energy in Turkey - Read More