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Geothermal installed capacity is forecast to rise sharply in the next five years. (cc) Simon According to the new market research report ‘Global Geothermal Power and Heat Pump Market Outlook: (2010-2015)’, published by MarketsandMarkets, global geothermal installed capacity, including power generation and direct use, is expected to grow from 61,200 MW in 2010 to 120,300
Walgreens will be the first US drugstore chain to host a geothermal energy system. Indie Energy Walgreens is opening the United States’ first drugstore chain location to utilize geothermal energy for heating and cooling. The location, in the Chicago suburb of Oak Park, Illinois, is expected to reduce its energy usage by about 46 percent
The Hellisheidi Geothermal Plant in Hengill, Iceland. (cc) Chris Beckett Today the United States and Iceland signed a bilateral agreement aimed at increasing the world’s understanding of advanced geothermal technologies and accelerating their deployment. The agreement was signed by U.S. Ambassador to Iceland, Luis Arreaga, and Icelandic Minister of Industry, Energy, and Tourism, Katrin Juliusdottir.
US Department of Energy Secretary Steven Chu has announced $20 million to research, develop, and demonstrate cutting-edge geothermal technologies that could reduce U.S. demand for fossil fuels, significantly cut carbon pollution, and create new jobs in geothermal manufacturing and operations. Geothermal energy uses the earth’s heat to generate consistent, low-cost renewable energy resources with a
(cc) KQED QUEST The U.S. Department of Energy has announced up to $20 million for research, development, and demonstration of cutting-edge geothermal technologies that could reduce U.S. demand for fossil fuels and significantly cut greenhouse gas emissions. DOE’s objective through this funding opportunity is to demonstrate the technical and economic feasibility of non-conventional geothermal energy
GeoSmart’s new DeltaBase 95GT geothermal drill rig GeoSmart Energy continues to push the envelope on providing cost-effective, energy efficient and environmentally friendly heating and cooling solutions with its recent acquisition of the most advanced geothermal drill rig available on the market today. Featuring high efficiency hydraulics and dual rotary capability, the compact DeltaBase 95GT drill
Phase I of the Olkaria III geothermal power plant in Naivasha, Kenya. The Olkaria III geothermal power plant in Naivasha, Kenya first began delivering power to the East African nation in August 2000. At that time it provided a modest 13 megawatts of clean electricity. Then, in January 2009, a second phase was brought online,
Blue Mountain Faulkner 1 geothermal power plant. Nevada Geothermal Power Inc. has successfully completed two new deep injection wells that, when connected, the Company believes will enable the Faulkner 1 plant to operate at approximately 40MW (net). Two or more additional wells will be drilled as part of the current program to further optimize production