After years of slow progress and fading confidence, geothermal industry players believe the stars are aligning in the US market.
The U.S. geothermal industry has limped its way through the past few years with little growth, leading many companies to abandon plans and shift their business elsewhere.
While industry activity moved overseas to more promising developing markets like East Africa and Turkey, those that have stayed in the U.S. have been fighting for regulation easements, federal and state incentives and resource assessments — and it looks like all that work is starting to take shape, according to a panel conference call during the Geothermal Energy Association’s (GEA) National Geothermal Summit held in Reno, Nevada.
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