Wednesday, February 29, 2012

Hawai'i:

U.S. Energy Secretary Touts Lasers for Hawaii Geothermal Development (Honululu Civil Beat)

U.S. Department of Energy Secretary Steven Chu has high hopes that "transformative" laser drilling technology could be a boon to geothermal energy developments, especially in Hawaii.

In an interview with Civil Beat on Wednesday, Chu called the development of laser drilling "the thing that gets me the most excited" about geothermal energy. Argonne National Laboratory, one of the federal government's oldest and largest labs, is exploring such technologies.

Mexico:

GeoPower Mexico


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Kenya:

KenGen Will Seek $745 Million to Fund Geothermal Well Drilling (Bloomberg)


Kenya Electricity Generating Co. (KEGC), the East African nation’s biggest power producer, said it will seek “concessionary funding” for the $745 million needed to drill 209 geothermal wells over the next four years.

The company, based in Nairobi, plans to drill 168 wells from 2012 to 2014 and 41 wells in the 2015-16 period, Managing Director Eddy Njoroge told reporters today in the capital.

USA, California:

Santa Barbara Assemblymember Introduces Pro-Geothermal Bills (Santa Barbara Independent)

Assemblymember Das Williams 
(Courtesy California State Democratic Caucus)
Assemblymember Das Williams (D-Santa Barbara) recently introduced three bills aimed to help promote green energy technology, facilitate guidelines for efficiency upgrades and optimize investments in distributed generation.

AB 2339 will require that the Public Utilities Commission (PUC) establish policies and infrastructure to overcome barriers to the development and use of geothermal and solar heating and cooling technologies. Geothermal energy uses the subterranean temperature of the earth to provide energy, largely for heating and cooling systems. It is seen as a cost effective and environmentally sustainable to help reduce our reliance on fossil fuels.

Tuesday, February 28, 2012

Global:

United States and California Named Global Leaders in Geothermal Energy Investment (News Release - Ernst & Young LLP)

In 2011, USA led the world and California topped the ladder among US states in geothermal investment, according to Ernst & Young's latest quarterly Renewable Energy Country Attractiveness Index (CAI), released today. Ernst & Young LLP also issued a new forward-looking report – United States Renewable Attractiveness Indices – that benchmarks the US state investments that were the driving force behind this shift, offering insight into the nation's diverse renewable energy markets, energy infrastructures and their suitability for individual technologies.

The Geothermal Index is made up of a set of technology factors.
The top 25 countries and states are listed below:


Rank
Country
Geothermal
Index

Rank
US State
Geothermal
Index
1
USA
69

1
California
79
2
Italy
62

2
Maine
75
3
Germany
58

3
Pennsylvania
73
4
Australia
57

3
New York
73
5
Mexico
54

5
Nevada
70
6
China
51

6
Colorado
69
6
New Zealand
51

6
Hawaii
69
8
Japan
46

6
Illinois
69
9
India
45

9
New Hampshire
68
10
Romania
41

10
Massachusetts
66
10
Turkey
41

10
Oregon
66
12
Hungary
39

12
Maryland
65
13
Taiwan
38

12
Vermont
65
14
UK
36

14
Arizona
64
14
Canada
36

15
New Mexico
63
14
South Korea
36

16
New Jersey
61
14
Chile
36

17
Michigan
60
18
Sweden
35

18
North Carolina
59
19
France
34

19
Iowa
58
19
South Africa
34

19
Montana
58
19
Bulgaria
34

19
Florida
58
22
Denmark
33

19
South Dakota
58
22
Austria
33

23
Texas
57
24
Ukraine
32

24
Kansas
52
25
Norway
30

25
Oklahoma
51


USA:

EIA Projects U.S. Non-Hydro Renewable Power Generation Increases, including Tripling of Geothermal (Energy Information Agency)

Growth in geothermal generation is projected to be robust relative to recent history for the industry, tripling over the projection period from 15.67 to 49.19 billion kilowatt-hours per year, but geothermal remains a small portion of overall generation. Geothermal resources suitable for centralized electricity production are concentrated in the west, and like other renewables, development is driven by State RPS policies.


Source: U.S. Energy Information Administration, 
Annual Energy Outlook 2012 Early Release Reference case. 

Technology:

Geo vs. Geo: Which Form of Geothermal Helps the Most (Cross-posted from the Intercon Blog on Progressive Times)

Excellent summary of the differences between “geothermal power” and “geothermal heating and cooling”.


The term “geothermal” describes two similar technologies that operate on different scales. Both are used for harvesting clean energy from the earth. Both yield opportunities for displacing pollution and emissions. The best case would allow for us to pour support into both of these technologies, but the prolonged fragility of the economy prompts the question of which one of these options actually gets us farther? Which should we be encouraging, publicizing and subsidizing? Which gives more bang for the buck?

Canada:

Nevada Geothermal Power Reports Dec Quarter Results (Press Release - Nevada Geothermal)


Nevada Geothermal Power Inc. today announced results for the quarter ended December 31, 2011.

Revenue from electricity sales fell from US$5.8 million in the 2010 Dec quarter to $5.1 million. EBIDTA was $1.4 million, down from $3.6 million in the previous corresponding quarter. NGP also reported a net loss of $3.9 million in the 2011 Dec quarter, versus a net profit of $300,000 the previous corresponding quarter.