Business & Finance Corporations

From Steam to Electricity: Geysers and Geothermal Energy

On September 18, 1870 members of the Washburn-Langford-Doan Expedition entered the Upper Geyser Basin, discovering what is now known as Old Faithful. In the early days after its discovery, men harnessed the power of this popular geyser and often used it as a laundry. Today, nearly 140 years later, geysers can be used to produce clean, reliable, and renewable energy.

Deep in the earth, temperatures are very high. In a few volcanic areas, magma can be found relatively close to the surface. When heat from the magma expands to the rock above, it heats water located in the pores and fractures of the rock. Geysers are caused when a portion of this heated water rises to the surface. (source: www.geysers.com/geothermal.htm)

Geothermal energy is extracted from the earth in three ways. The first is from the shallow ground near the earth's surface. Here, temperatures remain relatively constant, which makes it an ideal energy source. A second way to draw out this energy is from geothermal reservoirs located mostly in the Western United States. Lastly, from the hot water or stream reservoirs deep in the earth. (source: www.nrel.gov/learning/re_geothermal.html) Geothermal energy derived from geysers is accessed by drilling deep in the earth to tap into these hot water or stream reservoirs. Governments and companies are aggressively promoting such geothermal technologies. Last August, Australia, Iceland, and the United States launched the International Partnership to Promote Advanced Geothermal Technologies. All three countries committed to aggressively promote such cutting edge technologies in order to accelerate the development of geothermal energy in order to confront challenges of climate change and energy security. (source: www.energy.gov/news/6492.htm)

Geothermal energy is also used to heat and cool commercial and residential buildings. The Obama Administration has allocated $400 million from the American Recovery and Reinvestment Act for geothermal projects, including geothermal heat pumps. This Act lifted the caps on Tax Credits to Qualified Geothermal Heat Pumps, previously limited to $2000. Only Geothermal HVAC Technology qualifies for these unprecedented Tax Credits. There has never been a better time to invest geothermal heating and cooling technology!

?http://www.geo-thermalhvac.net

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