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Geothermal Coming to the Big Leagues

from The New York Times

The sun and wind seem to be the darlings of the alternative-energy movement despite the fact that both are intermittent, while geothermal energy "operates" 24/7/365. Geothermal also comprises an alternative to hydroelectric power for countries that want to reduce their dependence on dams. So, whatever happened to geothermal? Money — especially in the form of high upfront costs, particularly those associated with hit-or-miss drilling (10 percent to 30 percent of the test wells are unsuccessful). That may be about to change, thanks to the growing use of fracking and emerging technology that can extract heat energy from lower temperatures. more


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