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Online presentation by Green Power Markets TV

Geothermal: Competing with other renewable and non-renewable technologies

The prevailing issue with exploiting geothermal resources lies in higher development costs and a marginally higher risk profile. Industry debate suggests that the risk profile of a geothermal project needs to be reduced to a similar level of solar and wind, and to mitigate the complexities of exploratory drilling. Suggestions include the need for lobbying to encourage risk reduction and realistic cost-cutting measures.

Is this possible and even with advanced technology, who is willing to take the risk?

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