Monday, September 15, 2014

Global:

Geothermal Energy is Underrated (Hydrogen Fuel News)

Geothermal energy has been seeing strong growth in recent years, but much of this growth is going uncelebrated. This form of renewable energy is not often considered to be as attractive as solar and wind power. In some cases, even hydrogen fuel cell receive more attention than geothermal power. The inherent energy of the planet holds a great deal of promise, however, especially as fossil-fuels become less favorable.

Last year, global geothermal energy capacity reached 12,000 megawatts, growing 3% from what it had been in 2012. This represented the greatest growth that the geothermal sector had seen since 2007. The relatively slow growth of geothermal power has little to do with its potential. Notably, the upper six miles of the earth’s crust have 50,000 times more energy potential than the entire world’s oil reserves. This energy is not easily obtainable, however, when compared to solar and wind power. The effort required to tap into geothermal power, as well as the cost of such an endeavor, is one of the less attractive aspects of this form of clean energy.

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