Geothermal

Panelists at ELECTRIC POWER discussed how U.S. utilities choose renewable power generation technologies based on their geographic locations, state requirements, economics, and other criteria—including reliability and federal regulations.

For the past 15 years, Vietnam has enjoyed enviable gross domestic product increases, averaging 7% annually. That kind of economic growth increases power demand, but financing new capacity remains a challenge. Reaching its ambitious capacity growth goals will require Vietnam to expand its financing and vendor base, attract foreign investment, and ensure future fuel supplies in a region thick with competition for those resources.

Of the $35.9 billion in loan guarantees awarded by the U.S. Department of Energy (DOE) since 2009, roughly $26.5 billion have financed nuclear and renewable power projects across the nation through the Section 1703 and 1705 loan guarantee programs.

The technologies used to generate and distribute electricity will be radically transformed during the coming decade. Amid that change, the power industry must continue to meet customer reliability, safety, and cost-of-service expectations. Achieving the right balance among these often-conflicting goals is the primary focus of every utility. The Electric Power Research Institute is helping utilities achieve that balance with R&D programs for many new and emerging technologies.

Geothermal power and conventional fossil fuel–powered technologies have similar power production cycles, and both generation types can be dispatched. Geothermal power’s primary advantage is its renewable fuel. Its primary disadvantage is that its fuel requires large investments over many years to characterize uncertain sources. Enhanced recovery techniques that use fracking may be the future of this renewable resource.

Acoustic pulse reflectometry (APR) is a tube inspection method that has been gradually gaining acceptance as a tool for heat exchanger inspection. Different types of heat exchangers operating in different operating environments have different failure mechanisms, making some of them more suited than others for inspection by APR. Finned tube heat exchangers are a typical example of heat exchangers particularly conducive to APR inspection.

At the close of 2009, the U.S. geothermal industry had seen seven new geothermal power plants come online in the previous 12 months. In 2010, only one new power plant was completed.

Geologists drilling an exploratory well in Iceland’s Krafla volcano in search of supercritical geothermal resources in 2009 unexpectedly uncovered a new way to harness energy from deep within Earth’s crust. It involves accessing shallow bodies of molten rock, which the geologists say could likely be found elsewhere in Iceland and around the world, wherever young volcanic rocks occur.

Completed in 2009 and partially funded under the American Reinvestment and Recovery Act, the 50-MW Blue Mountain Faulkner 1 Geothermal Power Plant is harnessing large amounts of renewable energy by tapping into an underground geothermal reservoir in northern Nevada. This subterranean source of heat allows the binary plant to generate pollution-free baseload electricity.

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