While currently developed geothermal fields could benefit from a better understanding of the subsurface, the future of geothermal power likely lies in enhanced geothermal systems, where humans inject water underground to fracture the rock.
Warm groundwater can be used to produce sustainable energy for heating and cooling.
Landsvirkjun has signed a loan agreement for two 45 MW geothermal turbines from Fuji Electric for the Theistareykir Geothermal Power Plant, scheduled to commence operation in Iceland in 2017.
Researchers at the Université du Québec have recently conducted a survey of four Canadian cities to determine the economic feasibility of installing geothermal heating systems in homes in Montreal, Halifax, Vancouver and Toronto.
To offset the need for fuel imports, to decrease greenhouse gas emissions, and to increase U.S. energy independence, geothermal energy has emerged as an important part of the U.S. energy portfolio.
The U.S. has world class geothermal resources waiting to be developed that can supply baseload renewable power,