“We estimate that the geothermal power industry has doubled its workforce in the US in the past two years, and the economic stimulus bill provides a framework of support that will continue if not accelerate growth in this industry adding tens of thousands of new jobs with even greater positive effects across the economy,” Gawell added.14Feb2009 | ecofriendly | 0 comments | Continued
“The expected expenditure for geothermal exploration for the 36 permits in the Perth Basin is more than $560million in the next six years,” he said.
“This industry has the potential to provide clean energy to the State’s electricity network and offer innovative solutions for companies to meet their own power requirements.
“Harnessing geothermal energy, for heating and power use, is another feather in the State’s clean energy cap.”29Jan2009 | ecofriendly | 1 comment | Continued
Mr. Prasad Menon, Managing Director, Tata Power said, “We are happy about this strategic partnership with Government of Gujarat. This partnership not only strengthens our renewable portfolio but also creates opportunities to expand our presence in the growing renewable energy market in India. We look forward to the synergistic opportunities that the alliance presents us. “20Jan2009 | ecofriendly | 4 comments | Continued
The building, set to open in 2010, consists of twin institutes: the publicly funded Wisconsin Institute for Discovery and the private Morgridge Institute for Research. It will house researchers doing interdisciplinary research designed to improve human health.10Jan2009 | ecofriendly | 0 comments | Continued
I lived in Iceland for two years and it was a time that left quite an impression on me. Iceland is not an easy nation to characterize or label. You hear the phrase, “fire & ice” quite a bit which symbolizes much more than just Iceland’s geology. This phrase is a bit of an oxymoron but seems to sum up much of Iceland including its culture, economy and hardy population.22Dec2008 | ecofriendly | 0 comments | Continued
A single piece of equipment has the ability to heat and cool a home while providing some or all of a home’s hot water as well. Geothermal systems can save 30 to 70 percent on monthly bills. During the heating cycle, the fluid circulates through the loop, extracting heat from the ground. The heat energy is transferred to the geothermal unit. The unit compresses the extracted heat to a high temperature and delivers it into the home through a normal duct system or radiant heat system.
“With the cost of heating and cooling homes continuing to climb, consumers are financing the costs of energy-saving measures in their homes, both new and existing. When weighing the initial cost against the energy savings and tax advantages, the cost of the upgrades in the end are small. In some cases, the savings offset the cost in a short period of time,” he said.
The rock underground is full of cracks and small pockets, and these can fill with water. Water that gets trapped in underground caves will get very hot, even hotter than boiling temperature, but it cannot boil because there is no place for steam to escape into the air. This water sometimes finds its way to the surface in the form of hot springs. Most of the hot water stays underground in pockets called geothermal reservoirs.4Dec2008 | ecofriendly | 0 comments | Continued
Geothermal energy comes from a variety of sources of heat within the earth: the planet core, decay of naturally occurring substances within the crust and movement of continental plates as they slide against and underneath each other. Volcanoes, hot springs and steam vents represent the easily accessible points to this energy but most geothermal energy is trapped under the earth’s crust and must be accessed by drilling into the resource and harnessing the energy. The thermal energy in the uppermost 6 miles of the earth’s crust contains 50,000 times the energy of all the world’s gas and oil resources.25Nov2008 | ecofriendly | 0 comments | Continued
Nevada Geothermal Power Inc. Signs Amended Power Purchase Agreement With NV Energy to Sell All Electricity Generated at the 50 MW Faulkner 1 Geothermal Plant
“Renewable resources are an integral part of our energy supply strategy,” said Tom Fair, renewable energy executive, NV Energy. “We are currently involved in more than 30 renewable energy projects in Nevada, and the increase in size for the Faulkner I plant will be a welcome near term addition to our renewable generation mix.”25Nov2008 | ecofriendly | 0 comments | Continued
Raser Technologies Inc. has completed the first commercial geothermal power plant to be built in Utah in more than 20 years.
“With the major construction of Thermo completed, we will work over the next four to six weeks to complete the commissioning process and have the plant fully operational later this quarter.”25Nov2008 | ecofriendly | 0 comments | Continued