Geothermal gaining attention worldwide


Protective Relay Training - Basic

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 12 hours Instructor-led
  • Group Training Available
Regular Price:
$699
Coupon Price:
$599
Reserve Your Seat Today

Geothermal power leverages drilling and EGS to tap hot rock, driving steam turbines for baseload renewable energy. Despite 10,700 megawatts worldwide, growth is slow as fossil fuels mask climate change and air pollution costs.

 

Essential Takeaways

Electricity from Earth heat via drilling and EGS, delivering clean, reliable baseload with low emissions.

  • Only 10,700 MW of geothermal electricity deployed worldwide.
  • Growth lags at ~3% annually amid fossil fuel externality gaps.
  • US and Philippines host about half of global capacity.

 

The heat in the upper six miles of Earth's crust contains many times the energy found in all the world's oil and gas reserves combined, experts say.

 

Despite the abundance of geothermal potential beneath our feet, researchers say, only 10,700 megawatts of geothermal electricity generating capacity have been harnessed worldwide, Inter Press Service reported.

The oil, gas, and coal industries have been providing cheap fuel by omitting the costs of climate change and air pollution from fuel prices, environmentalists charge, so little investment is being made in geothermal energy, despite a recent financial boost for projects, which has been growing at scarcely 3 percent a year, the report said.

About half the world's existing generating capacity is in the United States and the Philippines, with Indonesia, Mexico, Italy, and Japan accounting for most of the remainder. About two dozen countries convert geothermal energy into electricity.

El Salvador, Iceland, and the Philippines get 26 percent, 25 percent, and 18 percent, respectively, of their electricity from geothermal power plants.

In 2006, a team of scientists and engineers assembled by the Massachusetts Institute of Technology assessed U.S. geothermal electrical generating potential.

Geothermal electricity technology involves drilling down to the hot rock layer, fracturing the rock and pumping water into it, and then extracting the superheated water to drive a steam turbine.

The MIT team said the technology would provide enough geothermal energy to meet U.S. needs 2,000 times over.

About 152 power plants are under development in 13 U.S. states and are expected to nearly triple U.S. geothermal generating capacity, now at about 3,000 megawatts.

 

Related News

Related News

Site C dam could still be cancelled at '11th hour' if First Nations successful in court

Site C Dam Court Ruling could halt hydroelectric project near Fort St. John, as First…
View more

BC Hydro launches program to help coronavirus-affected customers with their bills

BC Hydro COVID-19 Bill Relief provides payment deferrals, no-penalty payment plans, Crisis Fund grants up…
View more

Hydro One announces pandemic relief fund for Hydro One customers

Hydro One Pandemic Relief Fund offers COVID-19 financial assistance, payment flexibility, and Winter Relief to…
View more

Sierra Club: Governor Abbott's Demands Would Leave Texas More Polluted and Texans in the Dark

Texas Energy Policy Debate centers on ERCOT and PUC directives, fossil fuels vs renewables, grid…
View more

Snohomish PUD Hikes Rates Due to Severe Weather Impact

Snohomish PUD rate increase addresses storm recovery after a bomb cyclone and extended cold snap,…
View more

Coronavirus could stall a third of new U.S. utility solar this year: report

U.S. Utility-Scale Solar Delays driven by the coronavirus pandemic threaten construction timelines, supply chains, and…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Live Online & In-person Group Training

Advantages To Instructor-Led Training – Instructor-Led Course, Customized Training, Multiple Locations, Economical, CEU Credits, Course Discounts.

Request For Quotation

Whether you would prefer Live Online or In-Person instruction, our electrical training courses can be tailored to meet your company's specific requirements and delivered to your employees in one location or at various locations.