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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Online presentation by Green Power Markets TV
Geothermal: Competing with other renewable and non-renewable technologies
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Other news in this sector:
- 2023-11-30 New Google geothermal electricity project could be a milestone for clean energy
- 2023-11-30 Carbon capture process proven with an energy demand below 2,500 kWh/ton
- 2023-11-29 Solar panels in greenhouses are not profitable for the time being
- 2023-11-28 “By utilizing mid- to deep-level geothermal energy, our greenhouse energy costs have been effectively reduced”
- 2023-11-27 Farm as a Battery: Harnessing crop growth flexibility for sustainable energy storage
- 2023-11-20 "CHP and carbon capture a natural fit for decarbonization of CEA"
- 2023-11-16 UK: Revised targets to approach energy efficiency for horti businesses participating in the Climate Change Agreement scheme
- 2023-11-15 Spain: Vertical farm cuts CO2 costs by 79%
- 2023-11-13 Iceland: Geothermal energy is used to grow cucumbers in this greenhouse
- 2023-11-08 Research into data center heat leads to creation of energy cooperative PrimA4a
- 2023-11-07 Incorporating CO2 supply into life cycle assessments
- 2023-11-07 30% of Dutch growers had to face the energy crisis without a fixed energy contract
- 2023-11-07 Dehumidification system reducing carbon footprint
- 2023-11-03 11 bankruptcies, more stoppers and mostly ornamental horticulture
- 2023-11-02 Solar panel greenhouse being realized in Netherlands
- 2023-10-30 Solar panels on agricultural land only allowed in very exception cases
