27 Feb '13, 8am

"The Gradual Growth of Geothermal Power in the U.S." - recommended via @Prismatic

"The Gradual Growth of Geothermal Power in the U.S." - recommended via @Prismatic

The country added 147.05 megawatts of new generation capacity last year, bringing the total capacity to date to about 3.39 gigawatts, according to the Geothermal Energy Association, which issued its annual report Tuesday. "The industry has continued to grow, and policy and technology are there to help moving things forward," said Karl Gawell, executive director of the association, during a press conference call Tuesday. The new capacity may seem paltry compared with the 13.1 gigawatts of wind installed or the roughly 7 gigawatts of solar in 2012, but geothermal power development is a whole different beast all together. Developers could spend years and millions of dollars to drill wells just to see if they hit a reservoir of steam big enough to be worth more investment and time. After that, they still need to drill production wells, build the power plant and raise the money...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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