University Celebrates Shut Down of Coal Plant, Transitions to Geothermal
Pennsylvania's West Chester University is developing a district geothermal system to provide clean energy to 25 buildings.
Pennsylvania's West Chester University is developing a district geothermal system to provide clean energy to 25 buildings.
Simbol breaks ground on the first plant that makes lithium from a byproduct of geothermal production.
The city is expected to get most of its energy from geothermal starting next year.
The main barrier to geothermal development is the cost and risk of drilling wells.
64 countries now have geothermal projects slated for development, more than double than a few years ago.
Developers seek to spur new projects before the federal tax incentive expires next year.
PanTerra plans to offer geothermal systems modeled on the successful solar leaasing model.
The technology makes carbon capture more affordable, providing a revenue stream from geothermal.
The industry only installed 91 MW last year, and is growing faster in other countries.
New technologies from Ormat and US Geothermal increase efficiency by a third.