30 Sep '14, 12pm

FYI, Geothermal Industry: You’re Doing It Wrong

FYI, Geothermal Industry: You’re Doing It Wrong

Though this may sound like bankable reasoning , Dave Olsen of the California Independent System Operator Corporation (CAISO) said geothermal needs to change its strategy to make any sort of progress in the energy market. During the opening session of the 2014 Geothermal Resources Council (GRC) and Geothermal Energy Association (GEA) Conference and Expo in Portland, Oregon, Olsen warned the crowded room that they might not like what he had to say. “Geothermal can add significant value to the portfolios of most utility companies in the western U.S., but you guys are not getting it done,” said Olsen. “You are not going to win a levelized cost competition with wind and solar. When you can’t win with the rules as they are, then you have to change the game.” Stop Spinning the Same Record In order to be a successful competitor in the energy market, Olsen said the geothermal indus...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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