Latest Oil, Gas and INvestor news; Oil Price.com
Crude Oil Graph Heating Oil Graph Natural Graph Gold Graph
      Home Alternative Energy Geothermal Energy A Guide to Geothermal Energy

A Guide to Geothermal Energy

PDF Print E-mail
Written by Editorial Dept   
Friday, 24 July 2009 12:48

What is Geothermal energy


Geothermal energy is produced by utilising the heat from water reservoirs deep underground which have been heated by hot magma that lies close to the earth’s surface.
The majority of Geothermal resources are normally found along tectonic plate boundaries where a large amount of volcanoes and earthquakes are concentrated.

There are various methods in use by geologists in locating these reservoirs, but the only way to be certain is to drill a well and test the temperature.

In the past we had been limited to fairly shallow reserves, but with recent advances in geothermal systems, which have the ability to drill many miles down and access magma (the most powerful source of geothermal energy - although current technology doesn’t allow us to utilise the heat from magma) and could lead to geothermal power generating capacity to increase by 40 times or over 100,000 megawatts. (US Dept of Energy)

Geothermal energy is environmentally friendly, clean and cost effective. Unlike coal and natural gas fired power plants a geothermal power plant produces very few emissions. It’s also a very scalable technology and a large power plant can power entire cities. Now it may sound like the perfect alternative, but there are some issues. Firstly capital costs are prohibitively high and exploration of resources has significant risks.
I said above it is environmentally friendly and it is up to a point, as the fluids drawn from geothermal wells release hydrogen sulphide and carbon dioxide (greenhouse Gases) and in addition to these gases the hot water may contain trace amounts of arsenic, mercury, etc…

How does Geothermal Energy work


There are various ways to generate electricity from geothermal energy:
Dry steam plants use the underground steam to power a generator/turbine.
Flash steam plants use hot water which when depressurised quickly vaporises into steam and again turns a turbine.
Binary cycle plants use relatively hot geothermal water to heat another fluid which then vaporises driving the turbine.

Pros and Cons of Geothermal Energy:



Pros


• Almost no environmental impact
• Geothermal plants release less than one-tenth of the carbon dioxide emissions compared to a fossil fuel plant
• Capital costs are lower for Geothermal plants than similar sized Nuclear or Fossil fuel plants. Also as the source of energy already exists there are no fuel costs (unlike Nuclear and fossil.)
• It is abundant and available 24 hrs a day – unlike wind and solar energy!
• No Geopolitical issues as it’s home-grown.
• It is well proven and being used effectively right now.
• Little visual impact as it’s underground. Also Geothermal plants use relatively little space.

Cons


• High up front costs and relatively long lead times. (3-5 years minimum)
• Exploration isn’t easy as the characteristics change with the area.
• The hot steam or water can be depleted, so you can’t be certain how long a geothermal plant will be in production.
• There are environmental dangers, such as land subsidence and noise pollution. There is also the potential for dangerous gases to be released: ammonia, hydrogen sulphide,
• Geothermal energy is not transportable so its application must occur near the source.
• Rather limited potential as there are only a small number of high quality subsurface reserves of hot water.

 

Add comment


Security code
Refresh


 


Follow us on Twitter

Watch Financial Video News

Latest Comments
  • as a somali and somalilander, we are in support of peace and stability in the region. but we totally...
    More...
    By Ducaale

  • Why learn Mandarin? So you can understand the Chinese whispers going on behind your back when they'r...
    More...
    By Philip

  • Where do you begin is right. Here are some of the reasons we should switch to ethanol. It is a super...
    More...
    By Francis Patrick

  • Why learn Mandarin? Even if they become the world's leading power, they have been studying English f...
    More...
    By Mark

  • Sounds like Germany is paving the way for Russian admittance into the EU. Like it or not, Russia is ...
    More...
    By Tom

Advertise on Oil Price.com
Oil Price.com
No. 1 Oil Resource Site
More About Us Energy Metals Alternative Energy Site Info
About Us Oil Prices Gold Nuclear Power Terms and Conditions
Site News Crude Oil Silver Solar Energy Disclaimer
Sitemap Natural Gas Prices Commodities Hydroelectric Privacy Policy
Advertise with us Heating Oil Platinum Renewable Energy RSS Feeds
© 2010 OilPrice.com
The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice. Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.