A Whole New Way of Thinking About Geothermal (Greentech Media)
It’s baseload, but it can also make the grid work for wind and solar.
Geothermal is rebranding itself.
“Since the first geothermal project in 1905 in Italy, the industry has always positioned itself as baseload and crafted power purchase agreements to maximize that one attribute,” said Paul Thomsen, Ormat Technologies' Policy and Business Director, at a kickoff press conference for the U.S. GEA National Geothermal Summit. “Geothermal shouldn't be defined by one specific attribute.”
The need for geothermal as a baseload service is growing, Thomsen said. Which technologies can replace the coal plants being retired and nuclear plants going out of service? According to Thomsen, geothermal, hydro and natural gas are the most likely candidates.
GRC Patron Member company Ormat Technologies, Inc. will have a booth at the GEA Expo run in conjunction with the GRC Annual Meeting, Sept. 29-Oct. 2 at the MGM Grand, Las Vegas, Nevada.
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