In most countries, geothermal resources are classified as natural resources belonging to the government. Since the 1980s, there has been a worldwide trend to corporatize and/or privatize government commercial activities. Whereas the geothermal resources in the United States have been commercially developed by the private sector since the 1960s at The Geysers, other countries, notably The Philippines, Indonesia, and New Zealand, did not started private commercial geothermal projects until the 1980s. These private power developers are known as independent power producers (IPPs). There is a perception that the private sector is more efficient than the public sector. The efficiency arises from the increased flexibility of the private sector and its accessibility to commercial funding. (more…)
"Spain has great potential but lack geothermal legislation and investment." Besides being clean, renewable and friendly, easily man ...
The Geologists Association president advocates the use of geothermal energy by its high durability and low maintenance. Besides a r ...
Geothermal drilling technology is adapted from the oil industry. Most of the geothermal wells are drilled with a rotary-type drilli ...
The total installed geothermal power generating capacity in the world is approximately 9000 MWe from 21 countries, with the United ...
According to the German standard VDI 4640 geothermal energy is stored energy as heat beneath the Earth's solid surface, encompa ...
