What are the economics of geothermal energy?

Geothermal energy provides long-term answers to some of the most pressing issues in today's economy. Warning signs of climate distress and volatile fuel costs are leading people to question where their power comes from and how rising energy costs will affect their communities and businesses. read more

Since geothermal energy production is domestic, it helps offset involvement in foreign energy affairs. A geothermal project will only provide the highest benefits to developers and customers if the economics have been thought through in advance. read more

June 2014 Economic Costs and Benefits of Geothermal Power 2 Bloomberg New Energy Finance and the last is a discussion on RPS costs and prices published by the California Public Utilities Commission. All three of these reports reached the conclusion that geothermal power is fundamentally an economical choice for power. read more

The dis-economics of geothermal energy is the cost of drilling down to the Hot Stuff, pumping water down and bringing up superheated steam to turn turbines. So far the only economic geothermal systems are those located right on top of vents, such as are found in Iceland. read more