Industry Article: Improving Economics of Geothermal Development Through an Oil & Gas Industry Approach

Improving Economics of Geothermal Development
Publication: SBC Energy Perspectives
Volume: 2008
Issue: 1st Semester
Publication Date: 01/01/2008

Geothermal energy offers the compelling prospect of baseload power generation that operates continuously —regardless of weather conditions, and with negligible fuel costs and greenhouse gas (GHG) emissions. However, many potential investors are deterred by unfavorable geothermal project economics. Oil and gas industry approaches may help improve geothermal economics —particularly in the field of Enhanced Geothermal Systems (EGS).

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