Webinar on competition of geothermal with other renewables
GeoPower webinar on how geothermal is competing with other renewable and non-renewable technologies ahead of the GeoPower Europe event kicking off next week in Amsterdam.
In preparation of the large GeoPower and GeoHeat conference to take place next week in Amsterdam, Green Power Conferences recently held a webinar.
The webinar on November 19, 2013, looked into how geothermal is competing with other renewable and non-renewable technologies.
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?