News

UN Report Says Renewable Energy Can Outstrip Demand

Geothermal, biomass, solar, wind, hydropower and electricity from the ocean's waves and tides could more than meet the global energy needs for power, heating and transport based on 2008 demand, according to the study by the UN's Intergovernmental Panel on Climate Change, or IPCC.

US Geothermal Energy Use Continues to Increase Despite Economic Woes

In 2011, the geothermal industry is producing clean power in nine states and developing projects across 15 states... with the total number of geothermal projects... increasing 12%.

Portland Airport Saves $8 Million With Geothermal Heating & Cooling

If they had stuck with their current heating system, they'd be burning over 50,000 gallons of oil a year to keep the terminal warm. That's over a million pounds of CO2 not going into the atmosphere every year...

Hungary's Largest Geothermal Plant Now Fully Operational

A new geothermal district heating plant in the town of Szentlőrinc in Southwest Hungary is now fully operational. The plant produces 3.1 MW of thermal energy, providing heating and hot water for some 900  homes in Szentlőrinc, and has excess capacity for further expansion...

Vancouver looks to ocean for geo-exchange

Ocean geo-exchange is even more efficient than ground geothermal because the ocean is a very stable temperature.

New Islandsbanki Report Looks at US Geothermal Industry

In a report released today at the GEA Geothermal Energy Finance Forum in New York, Icelandic Íslandsbanki released a report providing an overview on the U.S. geothermal energy industry. The bank further announced the establishment of subsidiary in New York that will focus on geothermal energy in the Americas. The report highlights...

KPMG Releases Global Geothermal Market Report

KPMG Iceland has just published its report on the international geothermal sector "World Geothermal Market and Outlook" which offers a comprehensive look at the current state of the sector, its future outlook and the key drivers for new investment...

Swiss Greentek Explores Possibility of Project in Mexico

Switzerland based GreenTEK Ventures is exploring the possibility of taking part in the first private geothermal power project in Mexico...

Geothermal Energy: Will U.S. Firms Tap Its Hot Potential Worldwide?

The country is in jeopardy of missing the boat by focusing too much on developing geothermal energy projects at home rather than collaborating with other nations to expand the technology's use worldwide...