How The Synthetic Diamond Industry Is Revolutionizing The Geothermal Energy Market (The Energy Collective)
Perhaps one of the less discussed benefits of the growth in synthetic diamonds is its effect on the Geothermal energy market.
According to Halliburton, the extreme high temperatures along with the hard and corrosive rocks in the earth’s interior are among the biggest challenges that geothermal energy producers face. These challenges have been typically accentuated by the high cost of diamond-tipped bores required to drill these hard rocks.
A few years back, the
US Navy and
Sandia National Labs began research on using the polycrystalline diamond compact (PDC) technology to build drill-bits that could make the construction of geothermal wells far cheaper than they are at the moment. An MIT research paper predicts that advanced technology could help us grow from the current levels of 10.7 GW (2010) to as much as 100 GW by 2030.
Read More.......