Geothermal Looks to Confront Risk (Greentech Media)
The attraction of geothermal energy is that it is a baseload, emissions-free, renewable energy source -- and the challenge is that finding it and producing it puts capital at risk.
Between March 2012 and February 2013, seven U.S. geothermal projects came on-line. In 2012, U.S.-installed geothermal capacity grew by 147.05 megawatts, a 5 percent growth rate. Though up to twice as many plants could become operational in 2013, compared to the wind industry’s 13 gigawatts in 2012, and the solar industry’s 3 gigawatts, those still are not impressive numbers.
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