04 Nov '17, 2am

@LeonKaye @ecoforumorg @CarbonBubble @TriplePundit @POTUS @ENERGY

Currently, the United States and Iceland have large plants in the planning stages, and demonstration structures are popping up in France and Germany. Most of the hurdles facing the development of EGS consist of creating or retrofitting infrastructure, cost of production, and manufacturing pumps capable of handling high volumes water. At present, geothermal energy costs somewhere between ten cents to a dollar per kilowatt hour, depending on the terrain and operating system of where it is produced. While this is higher than the 6 cents per kilowatt hour for coal, the price gap may start to lessen if cap-and-trade policies go into effect. Considering the impact of fossil fuels on the environment and the costs associated with health and climate change, EGS may eventually become a lot cheaper.

Full article: https://inhabitat.com/mit-study-shows-geothermal-could-pr...

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