Geothermal energy technology is moving beyond volcanos, and popping up in unexpected spots like oilfields.
The technology developed in the last century to tap the earth’s heat has been most productive in regions where hotter layers are closer to the earth’s surface, like hot springs and active volcanic formations. Steam produced in those layers is used to generate electricity. Keep reading →
Policymakers must make more effort to de-risk geothermal exploration for investors and companies, said a vice-president at a leading US generation and utility company.
Jonathan Weisgall, VP of legislative and regulatory affairs at MidAmerican Energy Holdings Company, said: “We need to de-risk this industry. The tech costs have to come down for investors too, and all the time there is the spectre of low natural gas prices. But above all we need regulatory certainty.” Keep reading →
What if all the energy we needed was stored underneath the ground we walk on every day?
Geothermal power, generated from capturing earth’s core heat stored deep underground, has become a growing reality as the industry marks a total US generation capacity of 3,000 MW this year. But unlike more recognized renewable energy sources like wind, solar and biomass, geothermal power is not widely recognized for its capability to produce base load, dependable, renewable energy. Keep reading →
