Geothermal Power, Business and Industry Trends Analysis

Like hydroelectric power, geothermal energy can be extremely reliable and cost-effective.  It is a well-established technology that uses several different methods to harvest heat from underneath the earth’s surface.  Potential sites for traditional geothermal generation include areas with volcanic activity, tectonic shifting, major hot springs or geysers, where the earth’s heat is very near the surface.  In the United States, most geothermal resources are located in the western portion of the country, along the numerous fault lines on the western seaboard and in the Rocky Mountains.  The U.S. is a world leader in geothermal energy, with 226 trillion Btus of…

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