NewEnergyNews: Geothermal In The World

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  • FRIDAY WORLD, November 17:

  • Three Top Takeaways From The Bonn Climate Summit
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  • World’s First Floating Wind Project Goes Online
  • VW Commits $11.8BIL EV Spend In China

    Friday, May 13, 2016

    Geothermal In The World

    8 Countries that Produce the Most Geothermal Energy in the World

    Ty Haqqi, May 9, 20126 (Insider Monkey)

    “…Geothermal energy is energy obtained from the thermal energy which has been stored in the Earth…[Its current importance is in the generation of electricity and heating…[If it] substantially replaces the usage of fossil fuels for the generation of electricity, then global warming could be greatly reduced…While geothermal resources are so abundant that they could take care of all our needs regarding electricity, the trouble occurs in its extraction. The research, exploration, and drilling required for the extraction of geothermal energy is quite expensive and hence, become a limiting factor…On the other hand, government subsidies and research have seen the cost of geothermal energy fall…[Only] 24 countries produce geothermal energy though this is set to expand to 80 countries soon…[According to the 2015 Annual US and Global Geothermal Power Production Report, the leaders are Kenya, Iceland, Italy, New Zealand, Mexico, Indonesia, the Philippines, and the U.S.]…” click here for more

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