Thursday 1 October 2009

New geothermal projects could bring 10 GW of electricity

pepei.pennnet.com
29 September 2009

A new report by the Geothermal Energy Association (GEA) shows 144 new geothermal projects are under development in 14 states, which could equal a total of 10 GW of geothermal power installed by year-end. The U.S. Geothermal Power Production and Development Update, September 2009, states those new projects could bring up to 7,100 MW of new baseload capacity in addition to the 3,100 MW already in existence.

The report also said the number of states with geothermal projects underdeveloped increased from 12 to 14 over the past six months with the addition of two oil-fired projects in Louisiana and Mississippi. However, the number of projects under construction has declined because of the economy, according to the report. This was due to the completion of four projects but also reflects difficulty in obtaining final permits and financing.

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