Where’s the Heat? Geothermal Industry Seeks Resource Assessment Tools to Spur Development (Renewable Energy World.com)
In order to secure investment, the geothermal industry needs improved assessment methods to prove reliable resources.
Commissioning a geothermal project is no easy task. Of all the renewable energy technologies, it has one of the longest project lead times – it can take an average of eight years from start to finish. Due to its heavy front-end expense, developers must be as certain as possible that they are spending time and money on a viable resource.
Resource assessment starts with information. Existing geothermal data — including heat maps, existing well locations, geological surveys — can be a project developer’s best friend. However, this information had previously been scattered, disorganized, and simply impossible to find.
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