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| #Post#: 142-------------------------------------------------- | |
| Geothermal Power | |
| By: AGelbert Date: October 22, 2013, 2:44 pm | |
| --------------------------------------------------------- | |
| [center]An Open Frontier: The Untapped Potential of South | |
| American Geothermal[/center] | |
| South America holds great potential for geothermal energy, but | |
| barriers to development leaves it largely underdeveloped. | |
| However some private investors and development banks are on the | |
| cusp of unlocking the abundant energy source. | |
| Meg Cichon, Associate Editor, RenewableEnergyWorld.com | |
| October 22, 2013 | |
| New Hampshire, USA -- The ring of fire is a geologic region that | |
| extends in a horseshoe shape from the bottom tip of South | |
| America, up along the Pacific coast through North America, and | |
| looping back through Asia and down to New Zealand. It's lined | |
| with more than 400 volcanoes, and as the Johnny Cash song goes, | |
| it "burns, burns, burns," which also means it's a geothermal | |
| dream zone. | |
| [center][img | |
| width=640] | |
| http://www.createaforum.com/gallery/renewablerevolution/3-271013003147.jpeg[/im… | |
| Some areas on the ring have taken advantage of the immense | |
| resources; New Zealand, for example, has developed more than 800 | |
| megawatts (MW) of geothermal capacity that accounts for about 19 | |
| percent of its energy supply, according to the New Zealand | |
| Ministry of Economic Development. But on the other end of the | |
| horseshoe in South America, geothermal energy remains largely | |
| untapped, leaving what Pierre Audinet, clean energy program team | |
| leader of the World Bank's Energy Sector Management Assistance | |
| Program (ESMAP), calls an "open frontier." | |
| "South America has an enormous perceived potential. And there is | |
| a nascent desire of many governments to actually get that | |
| potential to become a reality," explained Audinet. "But it is | |
| still not completely straightforward for a variety of reasons." | |
| Barriers to Development | |
| While many countries to the north, such as Mexico, are slowly | |
| putting geothermal projects online, South American regions are | |
| lagging behind for a variety of reasons � some easily | |
| recognizeable, some not. | |
| It is widely known that a major barrier to geothermal | |
| development, no matter the location, is the cost of test | |
| drilling. This is by far the most expensive step in the | |
| development process, and many projects struggle to secure | |
| financing due to its high risk. Approximately 50 percent of test | |
| drilling produces negative results � zero geothermal activity � | |
| so many commercial banks are very unlikely to finance these | |
| projects. Therefore, much of the development in Latin America, | |
| and even countries in eastern Africa where development is | |
| blossoming, has been led by the private sector, according to | |
| Audinet. | |
| While governments have already handed over geothermal | |
| concessions to those private developers to move ahead, "it's not | |
| as if you have a million private sectors with deep pockets able | |
| to shell out initial important capital expenditure to do the | |
| test drilling," said Audinet. There are very few developers that | |
| are able to take on these costs, so many are now simply sitting | |
| on concessions, bringing the industry to a stand-still. And in | |
| some cases, explained Audient, the cost of test drilling is even | |
| more expensive because the equipment mobilization costs, such as | |
| bringing drilling rigs to those areas, are very high. | |
| "You end up having hefty capital expenditure just to drill a | |
| couple of wells and verify your geothermal source," he said. "It | |
| is a tough world nowadays for financing. There are talks, | |
| appetite, desire, and competent players, but it will take time." | |
| Slowly governments are increasingly realizing that they need to | |
| step in, but so far they haven't been able to figure out how. | |
| "It is still very much in the open," said Audinet. "There are | |
| countries where it is still a blank slate." | |
| In Chile, for example, the government is trying to figure out | |
| how to channel some type of subsidy or support to private | |
| developers. It recently announced a new renewable energy target | |
| of 20 percent by 2025 (excluding hydropower), up from the | |
| previous 5 percent goal. However there are legal and budgetary | |
| constraints in the way of achieving the target. Everything is | |
| left to the private sector, from generation to transmission, | |
| which makes it difficult for the government to step in, said | |
| Audinet. "They have straightjacketed themselves into private | |
| sector development, which can be very good, but in other ways | |
| can be a limitation when dealing with a massive financial | |
| hurdle," he explained. | |
| Unfortunately, there is no "silver bullet" policy for geothermal | |
| development. "We wish you could put in a FIT [feed-in tariff] | |
| and everything would move along, but unfortunately it doesn't | |
| work like that for this technology," said Audinet. | |
| Adding to the financial pressure, there are also some | |
| environmental concerns for geothermal development. Some of the | |
| projects that are being planned, and even some existing plants | |
| planned for expansion, are located in national parks. Other | |
| viable areas for development may exist on lands where there are | |
| indigenous people. This creates additional developmental hurdles | |
| and longer lead-times. According to Audinet, "these constraints | |
| could change as regulations evolve, but it is more work now." | |
| Project Front-runners | |
| In 2012, Alterra Power Corp., a geothermal developer based in | |
| Canada, announced a partnership with Energy Development | |
| Corporation (EDC), a Philippines-based geothermal developer, to | |
| pursue six of Alterra's geothermal concessions in South America. | |
| One of which, its Mariposa project in Chile, is moving along and | |
| could be online by 2017. | |
| "This transaction represents a significant step forward for our | |
| geothermal assets in Chile and Peru," said John Carson, | |
| Alterra's CEO. "EDC is a strong partner with deep expertise, and | |
| we're pleased to be making this next step together." Indeed, EDC | |
| has significant geothermal development experience on the other | |
| side of the ring of fire, with several plants online in the | |
| Philippines. The Alterra-EDC partnership will provide the | |
| necessary cashflow for test drilling at the Mariposa site. EDC | |
| will contribute $58.3 million for a 70 percent stake in the | |
| project. Alterra has already identified geothermal potential of | |
| more than 300 MW at the site, but further drilling is required | |
| to test for plant permeability. | |
| Enel Green Power Latin America also has its sights set on Chile, | |
| and formed a partnership with Empresa Nacional de Petr�leo | |
| (ENAP), the National Petroleum Corporation in Chile, to develop | |
| its geothermal assets. In August, it signed a $100 million loan | |
| with Chile's Banco de Credito e Inversiones to be disbursed | |
| before 2014 in order to develop its renewable energy investments | |
| in the area. | |
| Broadening Financial Reach | |
| In early 2013, the World Bank announced that it would establish | |
| a $500 million fund to help develop geothermal concessions | |
| around the world. According to Audinet, the program has started | |
| to allocate money to help identify test-drilling projects, and | |
| is zeroing in on Latin America "more than other regions," he | |
| said. | |
| "We are helping to identify a pipeline of test drilling projects | |
| and helping to lobby and call upon all development banks and | |
| donors interested in geothermal to prioritize more money towards | |
| test drilling," said Audinet. "That is where the money needs to | |
| go if we want to unleash that geothermal potential." | |
| Since geothermal projects have long lead times and can take up | |
| to a decade to complete, Audinet doesn't expect many megawatts | |
| to come online in the next few years. However, he does expect a | |
| spike in activity. | |
| "All I can say is that you have a gradual positioning of | |
| players, including financial institutions like the World Bank, | |
| InterAmerican Development Bank, and CAF (a Latin American | |
| development bank), that are conversing on ways to approach | |
| projects and move forward," explained Audinet. "These are | |
| conversations that started in the past 10 months so from that I | |
| would imagine that some things would eventually emerge." | |
| http://www.renewableenergyworld.com/rea/news/article/2013/10/an-open-frontier-t… | |
| #Post#: 196-------------------------------------------------- | |
| Ethiopia Signs $4 Bn Geothermal Deal | |
| By: AGelbert Date: October 29, 2013, 4:55 pm | |
| --------------------------------------------------------- | |
| [center]Ethiopia Signs $4 Bn Geothermal Deal[/center] | |
| Geothermal Energy - Oct 23, 2013 | |
| Ethiopia signed a $4 billion deal Wednesday with | |
| American-Icelandic company Reykjavik Geothermal to develop a | |
| 1000-megawatt geothermal farm, officials said. | |
| When completed, the project to provide energy for both local | |
| consumption and export will be the largest source of foreign | |
| direct investment in Ethiopia. | |
| Related Research on ASDReports.com: | |
| Analyzing Geothermal Power in Costa Rica | |
| "This is an epic moment for all of us... bringing Ethiopia to | |
| the forefront of geothermal development," said Reykjavik chief | |
| executive officer Gudmundur Thoroddsson. | |
| Three-quarters of the project is funded by Reykjavik Geothermal, | |
| backed by private investors, while 25 percent will be borrowed. | |
| Thoroddsson said $40 million (29 million euro) of investment has | |
| already been secured. | |
| The geothermal farm -- located 200 kilometres (124 miles) south | |
| of the capital Addis Ababa -- will be built in two phases, with | |
| the first 500 MW phase to be completed in 2018. The second phase | |
| is expected to be finished in 2021. | |
| Thoroddsson said geothermal is an ideal source of energy in | |
| Ethiopia, which is vulnerable to erratic weather and oil price | |
| fluctuations. | |
| "It's an energy source that is very reliable, always there and | |
| is not dependent on weather so it fits very well into the mix," | |
| he told reporters. | |
| The energy produced from the project will be used for both local | |
| consumption and for export to neighbouring countries, the head | |
| of the Ethiopian Electric Power Corporation, Miret Debebe, said. | |
| "Geothermal (is) one of the most attractive renewable energy | |
| resources," Miret said, adding that "trade with neighbouring | |
| countries will increase significantly". | |
| The project is the first geothermal farm in the Ethiopia, which | |
| has a total potential of 3,000 MW of geothermal energy, making | |
| it one of the largest geothermal sites in the world. | |
| Iceland-based Reykjavik Geothermal was established in 2008 to | |
| develop geothermal resources in "underserved" markets, the | |
| company said. | |
| Ethiopia has made heavy investments in green energy projects, | |
| including wind, solar and hydropower. | |
| http://dl3.glitter-graphics.net/pub/465/465823jzy0y15obs.gif | |
| A series of hydropower dams are currently under construction | |
| throughout the country, including the 6,000 MW Grand Renaissance | |
| Dam on the Nile River, which will be Africa's largest dam when | |
| completed in 2017. | |
| Ethiopia has the capacity to produce 45,000 MW of power, :o | |
| more than the total amount currently consumed in all of | |
| sub-Saharan Africa, according to official figures. | |
| The government says it wants to transform Ethiopia into a | |
| [I]carbon-neutral,[/I] middle income country by 2025. | |
| http://www.pic4ever.com/images/earthhug.gif | |
| Foreign investments in Ethiopia have mushroomed in recent years, | |
| with Chinese, Turkish and Indian companies investing in a range | |
| of industries, including manufacturing, agriculture and | |
| construction. | |
| http://www.globalenergyworld.com/news/9358/Ethiopia_Signs_$4_Bn_Geothermal_Deal… | |
| #Post#: 296-------------------------------------------------- | |
| One type of geothermal system with non-metal pipe loops - Nice v | |
| ideo! | |
| By: AGelbert Date: November 10, 2013, 8:04 pm | |
| --------------------------------------------------------- | |
| http://www.youtube.com/watch?v=2o7vVjth_TU&feature=player_embedded | |
| One type of geothermal system with non-metal pipe loops | |
| #Post#: 297-------------------------------------------------- | |
| Direct Exchange (DX) type geothermal system with copper pipes. | |
| By: AGelbert Date: November 10, 2013, 8:16 pm | |
| --------------------------------------------------------- | |
| http://www.youtube.com/watch?v=Uv8bTAGr0tU&feature=player_embedded | |
| Direct Exchange (DX) type geothermal system with copper pipes. | |
| They claim it is the most efficient system | |
| Nice heat pump function explanation. ;D | |
| #Post#: 298-------------------------------------------------- | |
| The Bosch Geothermal System Comparison to a Fossil fuel powered | |
| furnace | |
| By: AGelbert Date: November 10, 2013, 8:36 pm | |
| --------------------------------------------------------- | |
| http://www.youtube.com/watch?v=q9DP6v0IW1k&feature=player_embedded | |
| Since they guarantee the heat exchanger pipes for 50 years, this | |
| is really a lifetime investment. | |
| It's ALWAYS around 55 degrees F under your house, winter at 10 | |
| below or summer at 90 above. This is an IDEAL solution for | |
| renewable energy because it mainly functions by AVOIDING energy | |
| use, not simply ramping up a system to whatever square feet you | |
| want in a house. | |
| OF course if the house is already there and is huge, the system | |
| will cost plenty. However, if the government provides low | |
| interest financing for new houses of a reasonable amount of | |
| square feet (about 1,000 for a two person household) as well as | |
| financing for refurbishing old SMALL houses with a "pay as you | |
| SAVE on fossil fuels" long term payment, everybody could embrace | |
| this technology and kill heating oil once and for all. ;D | |
| Of course furnace manufacturers and fossil fuelers won't be too | |
| happy about it. ;) | |
| #Post#: 590-------------------------------------------------- | |
| Re: Geothermal Power | |
| By: AGelbert Date: December 20, 2013, 9:13 pm | |
| --------------------------------------------------------- | |
| Iceland�s cars could soon run on volcano power | |
| By Sarah Laskow | |
| [img width=640 | |
| height=380] | |
| http://askjaenergydotcom.files.wordpress.com/2012/02/iceland_geothermal-plant-p… | |
| Iceland is sitting atop a bubbling pool of geothermal energy � | |
| they use it to heat the entire country, basically. But now one | |
| company � which, according to FastCoExist, is sitting right next | |
| to an actual volcano in Iceland � has figured out a way to run | |
| the country�s cars on volcano power, too. | |
| The volcano makes the incredible amount of energy in the Earth�s | |
| core accessible from the planet�s surface. A power company�s | |
| already using it to make electricity, but the process emits a | |
| fair bit of pretty concentrated carbon dioxide. Here�s where the | |
| new innovation comes in: This company, Carbon Recycling | |
| International, takes that CO2 and turns it into methanol, a fuel | |
| that can power cars but which lacks the nasty carcinogenic | |
| byproducts of gasoline. | |
| FastCoExist explains: | |
| Their process could actually be used to capture and recycle | |
| carbon dioxide anywhere. But it�s trickier at places like | |
| coal-fired power plants, where emissions are a mix of chemicals | |
| that are expensive to separate. The CO2 emissions from the | |
| geothermal plant are easier to capture and use because they�re | |
| more concentrated. And the geothermal plant also provides cheap, | |
| renewable electricity to power the conversion to methanol. | |
| It�s a little less fun than if someone had figured out how to | |
| scoop molten lava directly into the back of a car and watch it | |
| steam off at top speed. But this seems safer. | |
| http://www.pic4ever.com/images/128fs318181.gif | |
| http://grist.org/list/icelands-cars-could-soon-run-on-volcano-power/ | |
| #Post#: 644-------------------------------------------------- | |
| Re: Geothermal Power | |
| By: AGelbert Date: January 1, 2014, 2:02 pm | |
| --------------------------------------------------------- | |
| About Ram Power, Corp. | |
| Ram Power is a renewable energy company engaged in the business | |
| of operating and developing geothermal properties and has | |
| interests in geothermal projects in Nicaragua and the United | |
| States. | |
| Ram Power, Corp. Announces Operational Update | |
| 19/12/2013 | |
| RENO, NV--(Marketwired - Dec 19, 2013) - Ram Power, Corp. (TSX: | |
| RPG) ("Ram Power" or the "Company"), a renewable energy company | |
| focused on the development, production and sale of electricity | |
| from geothermal energy, is pleased to announce today the | |
| following project and corporate updates. | |
| SAN JACINTO-TIZATE REMEDIATION DRILLING PROGRAM | |
| The Company is currently conducting a remediation drilling | |
| program to increase the steam resource of the San Jacinto-Tizate | |
| project (the "Project"). The remediation drilling program calls | |
| for the refurbishment of four existing production wells as well | |
| as the replacement and perforation of specified well casings | |
| along with the deepening and forking of two wells. The | |
| remediation drilling operations are being led by Sinclair Knight | |
| Merz, the resource consultant for the Company, in consultation | |
| with PENSA and ThermaSource Inc. (the "Remediation Team"). | |
| Well SJ 6-1 | |
| In August 2013, the Remediation Team successfully replaced 367 | |
| meters of damaged liner and perforated a 60 meter section of | |
| liner which had demonstrated increased temperature and | |
| permeability. Well SJ 6-1 steamflow is currently estimated at | |
| 9.8 tonnes / hour or 1.3 MW (gross) and the well was connected | |
| to the plant on September 26, 2013. | |
| Well SJ 6-2 | |
| In September 2013, the Remediation Team successfully perforated | |
| 60 meters of blank liner to recover production at an upper major | |
| zone that may have been affected by prior mineral deposition. | |
| After a brief recovery period, well SJ 6-2 was placed back in | |
| service and steam-flow is currently estimated at 9.5 MW (net). | |
| Well SJ 9-3 | |
| The remediation program for well SJ 9-3 began on August 25, 2013 | |
| and was successfully remediated in three phases. During the | |
| heat-up period and discharge test of well SJ 9-3, the Company | |
| conducted a sinker bar survey run on November 24, 2013, and | |
| discovered an obstruction at approximately 1,100 meters in the | |
| main leg of the well. Following the discovery of the | |
| obstruction, the Company initiated a series of well air capping | |
| cycles by alternating well head pressures in an attempt to | |
| remove the blockage naturally and to stimulate well SJ 9-3 flow. | |
| On December 6, 2013, the Company conducted a down hole camera | |
| survey which reconfirmed the blockage at approximately 1,100 | |
| meters. As a result, following the completion of well SJ 12-3, | |
| the Company will mobilize the ThermaSource drilling rig back to | |
| well SJ 9-3 to clear the main leg obstruction. | |
| The clearing of the blockage is expected to take approximately | |
| 10 days, at which time the well will be put back into thermal | |
| recovery. The Company remains encouraged with the initial | |
| results of well SJ 9-3, including, but not limited to, the | |
| drilling loss circulation during remediation, down hole | |
| temperature and the results of the injectivity test. | |
| Well SJ 12-3 | |
| In preparation for the remediation work, well SJ 12-3 was | |
| removed from production on October 8, 2013. The Company | |
| successfully perforated the liner as well as deepened, and | |
| forked, well SJ 12-3 to approximately 2,400 meters. Following | |
| the remediation efforts, the Company was unsuccessful at | |
| retrieving the whipstock used to directionally drill the forked | |
| leg. A down hole camera was used to view the whipstock, and from | |
| the initial images it was evident that the casing joint holding | |
| the whipstock was not stable, preventing the whipstock | |
| retrieving tool from engaging the keyway pocket to extract the | |
| whipstock from the well bore. | |
| Once the Company is able to retrieve the whipstock, the Company | |
| will continue with normal operations and drill out the isolation | |
| plug and retrieve the inflatable packer. The Company expects the | |
| process to finalize in the near future, at which time the well | |
| will be shut in for thermal recovery. | |
| Remediation Testing Date | |
| The Company and the Lenders are in negotiations to amend the | |
| remediation completion date in the Common Terms Agreement, with | |
| such revised date to start in mid-January 2014. Following the | |
| completion of the resource remediation drilling program, the | |
| Company will conduct a plant capacity test expected to be | |
| concluded in mid-February 2014. The test includes a 30-day | |
| stabilization period of the resource field followed by a 7-day | |
| performance test to determine the net operating output of the | |
| plant. | |
| Remediation Summary to Date | |
| The overall remediation drilling program has a targeted increase | |
| in steam availability of approximately 9 to 14 MW, or 70-110 | |
| tonnes / hour of additional net capacity bringing total | |
| generation to approximately 59 to 63 MW (net). At that level, | |
| utilizing the current power purchase agreement, the Company's | |
| expected annualized net revenue will be approximately $56-61 | |
| million annually. | |
| http://www.powerengineeringint.com/marketwired/2013/12/19/ram-power-corp-announ… | |
| #Post#: 757-------------------------------------------------- | |
| Re: Geothermal Power | |
| By: AGelbert Date: February 7, 2014, 2:18 am | |
| --------------------------------------------------------- | |
| [move]Construction plans for mid-sized geothermal plants booming | |
| across Japan February 6, 2014 [/move] | |
| ---------------------------------------------------------------- | |
| ---------------- | |
| MATSUKAWA_Geothermal_power_station_Iwate,JAPANvia Mainichi News | |
| / February 4, 2014 / Construction plans for dozens of mid-sized | |
| geothermal power plants have surfaced across Japan, with its | |
| rich geothermal resources coming under the spotlight in the wake | |
| of the Great East Japan Earthquake. | |
| Chuo Electric Power Co. will herald the move in April by | |
| initiating the operation of a new geothermal plant in Kumamoto | |
| Prefecture � the country�s first such facility to be inaugurated | |
| in 15 years. Orix Corp. and Toshiba Corp. are also planning to | |
| put their geothermal power station into service sometime around | |
| the spring of 2015. There are also dozens of other plans across | |
| the country to build geothermal plants each with a maximum | |
| output of less than 15,000 kilowatts. | |
| �We�d like to connect our customers living in urban condominiums | |
| and rural areas,� said Yasutoshi Hirano, vice president at Chuo | |
| Electric Power Co., a Tokyo-based company that makes bulk | |
| purchases of electricity to supply power to condominium | |
| households at low prices. | |
| The company has undertaken the construction and operation of a | |
| geothermal plant from a firm called �Waita-kai� operated by | |
| residents in a hot spring resort in Oguni, Kumamoto Prefecture. | |
| Although the planned power station with a maximum output of | |
| 2,000 kilowatts will only cater to 1,500 households, the | |
| construction of a geothermal plant with output capacity greater | |
| than 1,000 kilowatts is to be the first in the country since | |
| 1999, when Tokyo Electric Power Co.�s Hachijojima Geothermal | |
| Power Station was put into operation on Hachijo Island, south of | |
| Tokyo. | |
| The development of geothermal power generation often comes in | |
| conflict with the interests of local residents, who are worried | |
| about a possible reduction in the amount of hot spring water as | |
| a result of such construction. Chuo Electric Power Co. overcame | |
| such a hurdle by building a geothermal plant not as large as | |
| ones developed by major power companies and by sharing profits | |
| with Waita-kai. Chuo Electric Power further plans to build five | |
| more geothermal plants of a similar scale over the next five | |
| years. The company will sell electricity to major utilities for | |
| the time being but is planning to eventually retail power to | |
| condominiums. | |
| [center] | |
| [img | |
| width=640] | |
| https://upload.wikimedia.org/wikipedia/commons/thumb/a/a0/MATSUKAWA_Geothermal_… | |
| [center]MATSUKAWA Geothermal power station[/center] | |
| Orix and Toshiba are seeking to launch the operation of a | |
| geothermal plant in Takayama, Gifu Prefecture, sometime around | |
| the spring of 2015, followed by the construction of similar | |
| facilities in the Hokkaido, Tohoku and Kyushu regions. Hidetake | |
| Takahashi, head of Orix�s business development department, said, | |
| �The electricity market is right before the break of dawn (ahead | |
| of the deregulation of electric power). We�d like to make | |
| geothermal power the pillar of our new business.� | |
| While large-scale geothermal plants normally require | |
| environmental assessments spanning three to four years, | |
| mid-sized geothermal power stations are not subject to such | |
| regulations. The purchase price for renewable energy generated | |
| by a power plant whose maximum output is less than 15,000 | |
| kilowatts is also set relatively high at 42 yen per kilowatt | |
| hour under the feed-in tariff system, encouraging new companies | |
| to enter the business. The purchase price is set far cheaper at | |
| 27.3 yen per kilowatt hour for renewable energy generated by | |
| plants with a maximum output of 15,000 kilowatts or more. | |
| As a volcanic country, Japan is blessed with geothermal | |
| resources that are the world�s third largest in volume behind | |
| the United States and Indonesia. The potential of geothermal | |
| power generation is high, but opposition from local residents | |
| and construction regulations within national and quasi-national | |
| parks had hampered the development of geothermal power. The | |
| change in the tide came following the March 2011 Great East | |
| Japan Earthquake and tsunami, which prompted the government to | |
| relax regulations and trim assessment periods. A consortium of | |
| 10 companies including Idemitsu Kosan Co. and Inpex Corp. is | |
| planning to develop the nation�s largest geothermal plant within | |
| the Bandai-Asahi National Park in Fukushima Prefecture, with an | |
| output capacity of 270,000 kilowatts. The consortium is eyeing | |
| to start operating the plant sometime in the early 2020s. | |
| According to the Ministry of Economy, Trade and Industry, around | |
| 20 locations across the country are under survey for potential | |
| geothermal power generation by trading houses, oil companies, | |
| local governments, hot spring associations and other entities. | |
| Apart from this, preliminary surveys are also underway at 42 | |
| locations in the country, signaling the arrival of a booming | |
| geothermal market in the near future. | |
| SOURCE: Mainichi.jp / (original Japanese article) | |
| http://fukushimaupdate.com/construction-plans-for-mid-sized-geothermal-plants-b… | |
| #Post#: 1260-------------------------------------------------- | |
| Re: Geothermal Power | |
| By: AGelbert Date: May 31, 2014, 3:55 pm | |
| --------------------------------------------------------- | |
| [center]Iceland Moves Closer to Powering European Homes With | |
| Geothermal Energy | |
| http://www.freesmileys.org/emoticons/tuzki-bunnys/tuzki-bunny-emoticon-013.gif<… | |
| /> ;D[/center] | |
| [center][img | |
| width=640] | |
| http://askjaenergydotcom.files.wordpress.com/2012/02/iceland_geothermal-plant-p… | |
| Reykjavik, Iceland -- Iceland is moving closer to plugging | |
| European homes into the volcanic island nation�s geothermal and | |
| hydropower reserves via what would be the world�s longest power | |
| cable, according to the country�s largest energy producer. | |
| �The more we look at this project, the more positive feedback we | |
| get,� said Hordur Arnarson, chief executive officer of | |
| Landsvirkjun, which produces more than 70 percent of Iceland�s | |
| power. �Over the past two years we�ve moved closer to this | |
| project becoming a reality,� he said in an interview in | |
| Reykjavik on May 21. | |
| Iceland�s government and Landsvirkjun are studying whether the | |
| country should press ahead with the project, which could cost as | |
| much as 2 billion euros ($2.7 billion). Construction of the | |
| 1,170-kilometer (727-mile) submarine cable would need a | |
| bilateral agreement with the U.K. as well as deals concerning | |
| the purchase and sale of electricity. | |
| The government estimates that 75 percent of Iceland�s energy is | |
| undeveloped. Hydropower from the nation�s glaciers accounts for | |
| about 73 percent of electricity production and the rest is | |
| generated from geothermal sources. Less than 40 percent of the | |
| available geothermal energy, which taps the earth�s heat, is | |
| used to make electricity. | |
| The north Atlantic island of 320,000 inhabitants is seeking to | |
| diversify its economy as it recovers from Europe�s biggest | |
| banking collapse this century. The country currently produces 17 | |
| terawatt hours of electricity, a figure that could be doubled, | |
| according to Arnarson. For the project to be feasible, Iceland | |
| must sell at least 5 terawatt hours via the cable, he said. | |
| �The conditions are in place for Iceland to produce 30 to 35 | |
| terawatt hours, should that be the decision of the authorities,� | |
| said Arnarson. �Producing that much energy would still protect a | |
| great deal of areas that we want to preserve.� | |
| Copyright 2014 Bloomberg. | |
| http://www.renewableenergyworld.com/rea/news/article/2014/05/iceland-moves-clos… | |
| A. G. Gelbert | |
| May 31, 2014 | |
| I agree with Gary Tulie! | |
| What's more, ALL the machinery now used to run a nuclear power | |
| plant (minus the radioactive fuel rods and reactor, of course!) | |
| can be used in a geothermal capacity. Why? Because the | |
| temperatures exactly suited for the 600 degrees or so centigrade | |
| nuclear power steam generation, the alloys used for the | |
| infrastructure, the corrosion protected pipes, etc. are actually | |
| MORE durable for the same , but totally clean function of | |
| harvesting renewable energy from a geothermal source. | |
| This is one of the best kept secrets (by the nuclear power | |
| advocates [img width=30 | |
| height=30] | |
| http://www.emofaces.com/en/emoticons/n/nuclear-emoticon.gif[/img]<br | |
| />= [img width=80 | |
| height=040] | |
| http://www.createaforum.com/gallery/renewablerevolution/3-241013183046.jpeg[/im… | |
| />who don't want you to know it...) in the energy resource world | |
| . | |
| It's actually cheaper to build a geothermal power plant, despite | |
| the huge investment in drilling deep into the earth and laying | |
| the corrosion resistant piping. Why? Because there are zero | |
| Uranium mining and climate damaging costs, zero security costs | |
| (no radioactive material to steal or sabotage) and longer MTBF | |
| from the pipes, pumps, valves, electronics and steam turbines | |
| not subject to premature aging and failure from radioisotope | |
| caused embrittlement. The risk of contaminating aquifers is | |
| infinitesimal compared with nuclear power. All this means they | |
| will be easily insurable without some coercive government, | |
| nuclear lobby protecting law, have 40 plus year life spans with | |
| guaranteed 24/7 base load power and income for investors with | |
| improved health and viability for the people and the environment | |
| around the geothermal power plant. | |
| Let's shut down all those nuclear poison pigs, pull steam | |
| turbines out and use them in geothermal, safe, power plants! | |
| NOTE: For those who think the places on the planet suited for | |
| geothermal are too few for this purpose, just look at a | |
| geological map of the planet to see where 600 degrees C is | |
| available a mile or so down. You will be quite pleasantly | |
| surprised. We need nuclear power plants like a dog needs ticks | |
| with Lyme disease! | |
| Gary Tulie May 31, 2014 | |
| Iceland has a huge renewable energy potential at low generation | |
| cost, and has run primarily on renewable power for many years. I | |
| suppose the question now is how to make the most of this | |
| potential - use power in Iceland for data centres, Aluminium | |
| smelting etc, or export power to Europe. | |
| Regarding the 30 to 35 terawatt hours quoted, I would say that | |
| is very likely an exceedingly conservative figure not taking | |
| into account advances in high temperature geothermal, geothermal | |
| fields of lower potential, or offshore geothermal drilling in | |
| Iceland's territorial waters. I seem to recall reading that if | |
| geothermal power can be harnessed using deep drilling into high | |
| temperature areas close to the magma, that Iceland, may have | |
| around 10 times the currently acknowledged potential. | |
| #Post#: 1309-------------------------------------------------- | |
| Re: Geothermal Power | |
| By: AGelbert Date: June 6, 2014, 9:17 pm | |
| --------------------------------------------------------- | |
| [center] | |
| http://www.youtube.com/watch?v=YCvivdGmgPM&feature=player_embedded[/center] | |
| [center]US Geothermal Industry Gets Huge Resource "Datapalooza" | |
| Boost [/center] | |
| http://www.renewableenergyworld.com/rea/news/article/2014/06/us-geothermal-indu… | |
| ***************************************************** | |
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