Tag Archive for geothermal

US Energy Department Offers $10 Million For Enhanced Geothermal Systems Development

The US Energy Department has recently announced $10 million to improve subsurface characterization for enhanced geothermal systems (EGS) by developing state-of-the-art methods that quantify critical underground reservoir properties as they change over time. New methods to access engineered reservoirs will speed the deployment of this

Reykjavik Geothermal To Develop 1,000 Megawatts Of Projects In Ethiopia

Source: Bloomberg News Reykjavik Geothermal, the Icelandic company which already has constructed power plants in more than 30 countries, has recently agreed to develop around 1,000 megawatts of projects in Ethiopia over the next 10 years. The company expects to spend a total of $4

Global New Investments In Renewable Energy By Technology – 2012

In 2012, solar power was the leading sector by far in terms of money committed; at USD 140.4 billion, solar accounted for more than 57% of total new investment in renewable energy. Wind power was second with USD 80.3 billion, representing almost 33%. The remaining

Detractors Of Renewable Energy And Future Outlooks

Renewable energy has historically had many detractors. “Renewable energy is too expensive,” many have said over the years. “Increasing amounts of public subsidies will be required for a long time,” many have also said, or its variation, “renewable energy is only developing because there is

Japan To Build 21 Geothermal Power Plants After Fukushima Incident In 2011

Japan is planning to construct at least 21 geothermal projects as it searches for alternative energy sources after the 2011 Fukushima nuclear accident, according to data compiled by the Ministry of Economy, Trade and Industry. Incentives for clean energy, including above-market rates for power derived

Biggest Private Solar Installation In The US Powers Apple’s Cloud (Photos, Video)

Apple’s huge solar farm is now live and supplies clean energy for its data center in Maiden, North Carolina. By the end of the year 60 percent of the power for the data center will come from these sources. Apple has turned on the first

Enel Green Power Focusing On Geothermal Power

With the world putting an increasing focus on geothermal power, Enel Green Power is leading the way in developing the energy source with a series of cutting-edge projects in Italy, North and South America A recent study conducted by American research and consultancy firm Pike