Recognizing the Barriers to Entry for Geothermal Energy (OilPrice.com)
I mention alternative energy infrequently. Mostly because I'm not convinced much of the sector is investable. One possible exception being geothermal.
Speakers at the GeoPower Latin America Conference this week in Santiago, Chile revealed some insights about the sector. Showing that it could be a viable source of baseload power. Almost.
Several industry presenters noted that geothermal plants work well once up and running. Power is available most of the time, at competitive operating costs.
The problem pointed to by all of these experts is development costs.
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