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An underrated climate solutionOn the energy potential of geothermal powerPosted by Joseph Romm (Guest Contributor) at 4:04 PM on 07 Sep 2007Like solar thermal power, geothermal power is too often neglected. Indeed, the Bush administration has proposed zeroing out the geothermal energy program for two years running. But a major 2007 study sponsored by the U.S. Department of Energy, "The Future of Geothermal Energy" (a 372-page PDF), reveals the potential if we redouble our efforts toward this zero-carbon power source. The MIT-led panel of scientists, economic experts, and engineers found that Enhanced Geothermal Systems (EGS) that use "heat-mining technology, which is designed to extract and utilize the earth's stored thermal energy" could contribute 10 percent of baseload power by mid-century: The panel thinks that with a combined public/private investment of about $800 million to $1 billion over a 15-year period, EGS technology could be deployed commercially on a timescale that would produce more than 100,000 MWe or 100 GWe of new capacity by 2050. This amount is approximately equivalent to the total R&D investment made in the past 30 years to EGS internationally, which is still less than the cost of a single, new-generation, clean-coal power plant.
Technology Review has a nice summary piece here. And you can find a lot more about geothermal here. This post was created for ClimateProgress.org, a project of the Center for American Progress Action Fund.
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