All Posts Tagged With: "Geothermal Power"
Geothermal Energy – Its Types and How It Works
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 | ContinuedRaser 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 | ContinuedEnergy production and quarterly review of economy
With regard to interest rates developments, average nominal interest rate on savings deposit and demand deposits remained at the preceding quarter level of 4.08 and 0.04. On the other hand, weighted time deposits rate on average increased to 5.18 from the 5.07 percent a year earlier. Average lending rate also remained at 11.5 percent. Meanwhile, yields on T-bills also tended to rise to 0.5 percent from 0.2 percent during the same period. Yet, real interest rates remained negative owing to higher inflation.
24Nov2008 | ecofriendly | 1 comment | ContinuedGeoThermal Energy: How Does it Work?
Eighty percent of Iceland’s energy comes from renewable sources. TODAY’s Al Roker visits a geothermal power plant to discover why Iceland is ideal for this green energy.
19Nov2008 | ecofriendly | 0 comments | ContinuedUS to boost Geothermal Energy use
Geothermal energy comes from sources deep within the earth and can generate electricity with few carbon emissions. Geothermal energy can also provide heat for buildings, greenhouses, aquaculture and other activities.
19Nov2008 | ecofriendly | 0 comments | ContinuedWairakei Geothermal Power Station completes 50 years
Wairakei is the name of a power station, small settlement and a geothermal area a few kilometres north of Taupo, in the centre of the North Island of New Zealand, on the Waikato River. Wairakei geothermal power station was built in 1958, the first of its type in the world, and it is now being [...]
15Nov2008 | ecofriendly | 0 comments | Continued