Renewable energy is becoming an increasingly important issue in today's world. In addition to the rising cost of fossil fuels and the threat of Climate Change, there has also been positive developments in this field which include improvements in efficiency as well as diminishing prices.
The Krafla geothermal power station located in
Credit:
Wikipedia Commons/Ásgeir Eggertsson
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One drawback is the fact that this energy is diffuse, and can only be cheaply harnessed in certain locations. However, in certain areas of the world, such as Iceland, Indonesia, and other regions with high levels of geothermal activity, it is an easily accessible and cost-effective way of reducing dependence on fossil fuels and coal to generate electricity. Countries generating more than 15 percent of their electricity from geothermal sources include El Salvador, Kenya, the Philippines, Iceland and Costa Rica.
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