Geothermal Energy’s Unparalleled Benefits
The Global GeothermalEnergy Industry Is Hot
$19 billion invested from 2010 to 2014
In the US, annual power sales ~$1 billion as of 2012
International production growing at >5% CAGR
24 countries produce geopower including
This Is What Our Tailings Ponds Look Like – Tourist Attractions
B.C. Hydro’s Latest Numbers Place The Unit Energy Cost Of Site C At $58-61/MWh… But Can Their Creative Math Do What Geothermal Can?
Create 11 times more permanent jobs than Site C.
Avoid costly transmission upgrades through strategic deployment of geothermal power plants.
Strengthen the grid – as geothermal has a 95% load factor, it is dispatchable, and can load follow and provide necessary ancillary services.
Avoid unnecessary large capital project cost overruns, as geothermal power plants are small, and can be built to directly meet demand.
Reduce negative environmental impacts – geothermal power plants have the lowest physical and environmental footprint of all alternatives.
Produce highly valuable heat, as a byproduct or independently, which can be used for:
Fruit and vegetable cultivation
Tourism
Lumber Drying
Food availability and price security can be delivered for more remote communities through geothermal greenhouse operations.
Extraction of difficult to obtain minerals, rare earth and near earth elements from geothermal brines.
“Green” oil & gas operations by reducing the carbon footprint of their energy supply.
Offer a real renewable option – large-scale hydro is NOT considered (by the world community) to be renewable or green.
