Monday, April 17, 2017

Finance: Geothermal has "the Greatest Potential in Terms of Increased Performance over the Coming Years" - Enel Green Power CEO

Towards the next frontiers of renewable energy technologies (LinkedIn)

Francesco Venturini, Chief Executive
Officer, Enel Green Power
Francesco Venturini, Chief Executive Officer, Enel Green Power

Geothermal is not among the most widespread and well-known of renewables. Although it is one of those with the greatest potential in terms of increased performance over the coming years.

The direction in which we need to work now has been recognized even by EU research programs. Main innovations go in three directions:

Firstly, new generation of plants exploiting deep geothermal high-temperature and high-pressure fluids, namely supercritical fluids with a temperature higher than 400°C and pressure higher than 200 bar. The challenges here is in the research for breakthrough materials and technological solutions to convey and exploit such aggressive geothermal fluids at challenging conditions of temperature, pressure and chemistry.

Another way to spread this energy source will be through the hybridization of geothermal technology with other renewables. As Enel Green Power we have already created two proof-of-concepts. The first is Stillwater, in Nevada, which combines solar and geothermal. The second is Cornia, in Italy (Larderello) which combines geothermal with biomass.

And finally, increasing the performance of plants in low temperatures (120 - 150°C) where classic thermodynamic improvement could result in a very important boost for the diffusion of geothermal electricity generation throughout Europe.

Read More........