New Zealand’s biggest geothermal energy project in 20 years was officially opened in Kawerau in late November. The state-owned Kawerau Geothermal Station (Figure 5), on the North Island, adds 100 MW to the national grid.
Geothermal energy projects are gaining steam in many parts of the western U.S., in large part because geothermal power has the advantage of being a renewable energy source that provides baseload power with no emissions and no waste by-products. One example of the latest developments in geothermal power generation is the recently completed 10-MW geothermal plant in rural Utah, which uses innovative modular power generation units.
The U.S., which continues to lead the world in on-line geothermal energy capacity, saw a 20% jump in new power projects since January this year, a survey released by the Geothermal Energy Association (GEA) in August showed.
Modern ocean power systems look to convert the mechanical energy of waves or tidal movement to electrical energy. But that’s not all the sea has to offer. It may also be possible to capture and convert the enormous quantities of heat produced by magma escaping through seafloor vents—an undersea version of geothermal energy.
In early February, Western GeoPower (WGP) announced its termination of a 20-year geothermal power purchase agreement (PPA) with Pacific Gas and Electric Co. (PG&E). A WGP press release explains that the company terminated the agreement because a regulatory approval condition had not been obtained within a 180-day time period stipulated in the PPA. WGP’s CEO, […]
Geothermal power is a unique renewable energy because it has the best potential capacity factor and is perhaps the only option for baseload power generation. U.S. Geothermal has constructed the first geothermal plant in Idaho in a generation by restoring an abandoned DOE demonstration project site that may possess a development potential of over 100 MW using proven power generation technology. The success of Raft River may well determine the future of geothermal energy production in Idaho.
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Following the money invested in projects is a viable way to compare growth trends for power projects using the four major generation types: coal, natural gas, nuclear, and renewable.
Forecasting the direction of the U.S. electric power industry for 2007, much less the distant future, is like defining a velocity vector; doing so requires a direction and speed to delineate progress. In this special report, POWER’s first stab at prognostication, the editors look at current industry indicators and draw conclusions based on their more than 100 years of experience. To borrow verbatim the title of basketball legend Charles Barkley’s book: I May Be Wrong but I Doubt It.