Posts Tagged ‘Geothermal’

 

Support for geothermal bid hots up

Tuesday, January 17th, 2012

Scotland is being urged to embrace geothermal energy if tests confirm it can be produced in the north-east.

The Press and Journal revealed yesterday that granite located several miles beneath Aberdeenshire could hold the potential to create heat and generate electricity.

Four miles underground, the Earth’s temperature typically rises by 150C – but in areas where there is granite the temperature can rise by 210C.

For the full story, pick up a copy of today’s Press and Journal or read our digital edition now

New geothermal maps show vast potential energy source

Tuesday, January 17th, 2012

Geothermal energy is hardly new. There is evidence that it was used in the U.S. as early as the 1800s. In 1904, a fellow named Piero Ginori Conti opened the first geothermal plant in Larderello, Italy. It was a dry steam reservoir that was used to generate electricity.

But geothermal, like a lot of alternative energy technologies, barely registers in a nation that still depends mostly on oil and coal. Currently, there is only about 3,000 megawatts of installed geothermal energy capacity in the U.S., according to the Southern Methodist University Geothermal Laboratory. That’s in a nation with a total energy generating capacity, from all sources, of 1 million megawatts.

Now, the SMU laboratory has released a new series of geothermal maps of the U.S. that show a practically limitless source of energy – if it can be tapped.

David D. Blackwell, a geophysics professor at the lab, said the “technical potential” of what could be tapped was roughly equal to about 3 million megawatts, or three times the nation’s current energy production.

“The technical potential is our best estimate of what actually might be extracted,” Blackwell said. ”The question is, ‘Do we have the will to go ahead and try to really develop it?’”

The new maps, such as the one displayed here at a depth of 6.5 kilometers underground, show heat sources that range from a relatively cool 50 degrees Celsius (about 122 degrees Fahrenheit) to 300 degrees Celsius.

Most of the hottest spots are in the Western U.S., but SMU officials said that newer technologies for tapping geothermal sources could take advantage of cooler hot spots in West Virginia, Texas and along the Gulf Coast.

“The eastern two-thirds of the country were always dismissed in terms of geothermal potential,” said Cathy Chickering, an SMU lab geothermal specialist, adding that the newer technologies could produce energy in those areas.

As an example of the new technologies, Pickering cited the Chena Hot Springs in Alaska, where geothermal energy is being produced in water that is 74 degrees Celsius. “That’s significantly cooler than the temperatures people think of as necessary for generating geothermal energy. Other technologies can exploit dry heat by injecting water underground.

Geothermal expected to meet half of Kenya’s energy needs

Monday, January 16th, 2012

Kenya plans to obtain half its electricity from geothermal by 2018, to meet rising demand and cushion against the uncertainty of hydro-power.

As a result, the government has been wooing investors during the geothermal conference held this week at Kenyatta International Conference Centre.

“We want to shift into alternative sources of power that will provide cheaper electricity. Geothermal energy has high initial investment but provides cheaper electricity in the long-run,” said KenGen managing director, Eddy Njoroge.

He added that the company will need to raise at least $4.5 billion to generate 1,200 MW from geothermal wells in Olkaria and Menengai.

Kenya has an estimated potential of between 7,000 MW and 10,000 MW of geothermal energy, but only 200 MW is exploited.

The country’s power demand has been growing at eight per cent yearly, leaving a small reserve margin of about five per cent that is wiped out when there is drought.

Local and international private investors are expected to speed up exploitation of geothermal energy to achieve the 17,000MW target set for 2030.

Mr Njoroge said all options to raise investment will be explored.

“We need 4,000 MW from geothermal by 2030. We are looking at various options for financing this project,” Mr Njoroge said.

Shown interest

Energy Minister Kiraitu Murungi said several investors had shown interest and agreements with companies from China, Korea and Japan have been signed to start the fourth phase of Olkaria geothermal power in 2013.

He invited foreign investors to help the country exploit the energy, adding that the government will review Sessional paper No. 4 to align it with the new Constitution on clean energy.

Some investors have been demanding sovereign guarantees before they invest in energy projects.

Cornish geothermal project receives government funding

Friday, January 13th, 2012

A company in Cornwall says it is “very excited” after winning part of a £1.4bn government fund designed to create jobs and Geothermal diagramencouraging private investment.

Geothermal Engineering Limited, based at United Downs Industrial estate near Redruth, has been awarded more than £6m.

The money will be used to create geothermal sites across Cornwall.

The fund is designed to encourage enterprise, growth and jobs.

The money from the regional growth fund will also support areas and communities that are dependent on the public sector.

On its website Geothermal Engineering Limited describes itself as a company with a vision “to establish renewable geothermal energy in the UK”.

Managing director Ryan Law said: “It’s been a long process. We have had to push very hard to get this level of support from the government.

“A part of the whole idea behind this fund is that it attracts a lot of private investment into the project too.”

Geothermal collaboration brings a New World to Green Rock.

Friday, January 13th, 2012

Green Rock Energy and New World Energy have signed a binding agreement to jointly develop both companies’ geothermal exploration permits (GEPs) in the North Perth Basin in the Mid West region of Western Australia.

The joint venture agreement will give the partners adominant position for geothermal power development in the Mid West, the State’s fastest growing electricity market.

The joint venture will focus on identifying the most prospective drilling target for drilling two wells with the objective of an initial ~5MW of power generation capacity connected to existing power infrastructure.

‘Green Rock considers the Mid West Geothermal Power Project a strong contender for State and Commonwealth funding towards drilling the first two well. Working jointly with New World Energy further strengthens our prospects and we look forward to further progress on funding over the next few months,’ said Green Rock’s Managing Director, Richard Beresford.

‘The mutually beneficial joint venture will create a single entity with access to the best geothermal areas in WA that are adjacent to transmission infrastructure and major baseload energy markets. This collaboration will allow both companies to pool their technical and financial resources to ensure the most timely and cost effective geothermal development,’ added New World Energy’s Managing Director, John Libby.

‘Our sustainable energy future will rely on enterprises working together to reduce costs and bring commercially competitive generation of renewable energy,’ says Professor Ray Wills, Chief Executive of the Sustainable Energy Association of Australia (SEA).

‘Geothermal projects will diversify and grow Australia’s sources of energy, and be part of a renewable energy mix. This joint venture is focussing on an area that be a major growth area for new resource projects – projects that will be exposed to the growing carbon constraints of global markets, and that will have to consider how they minimise or eliminate their associated greenhouse gas emissions, and geothermal energy could prove to be a key to that need,’ says Prof Wills.

Both Green Rock Energy Limited and New World Energy Limited are active members of the SEA.

Further detail of the ASX announcement by Green Rock is available here: http://www.greenrock.com.au/media/2011_10_31__ASX____JV_with_NWE_31_October_2011.pdf
Geothermal collaboration brings a New World to Green Rock.

Quality Control for Geothermal Heat Pumps

Thursday, November 10th, 2011

Structural problems with buildings close to a geothermal installation in Germany were reported in this column in the September issue. The reaction from trade bodies has been to emphasize there is no threat from such systems providing the installer follows the code of practice published by the German Heat Pump Association (BWP) which covers the geotechnical aspects as well as the question of liability. Damages directly caused by such installations are rare – less than 0.3%, according to the geothermal federation CtV-BV in Berlin.