by Alexander Richter, ThinkGeoEnergy
The potential of geothermal energy is tremendous; it could provide essentially if not all but a large part of the energy needed today. … at least this is what we as an industry always promote.
The question isn’t if this is true, it is, but how realistic we can sell this in today’s business environment but also in the light of competition from other energy sources. Today the main activities in geothermal development can be found in regions where there is 1. a growing demand for energy, 2. there is some awareness of the need for environmentally friendly energy, and 3. geothermal is competitive with other types of energy (renewable or not).
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