SOUTH WINDSOR, Conn., July 10 /PRNewswire-UTC Power, a United Technologies company, today announced that its PureCycle(R) geothermal power system developed with United Technologies Research Center in East Hartford, Conn., has been recognized by R&D Magazine as one of the 100 most technologically significant products introduced during the past year. On April 12, 2007, UTC Power [...]

Senators Harry Reid (D-NV), Wayne Allard (R-CO) and Ken Salazar (D-CO) introduced S. 1531, the Securing Americaís Energy Independence Act of 2007 on Friday, May 25th. The bill would, in part: • Provide a 10 percent tax credit (section 38) for geothermal exploration expenditures related to the drilling of exploratory wells for geothermal deposits; • [...]

Gov. Jon M. Huntsman Jr. is teaming up with California Gov. Arnold Schwarzenegger to terminate climate change. Schwarzenegger, a fellow GOP leader whose state is credited with waging the nation’s most aggressive assault on climate change visited Utah Monday as part of a six state movement and part of a Western Region Climate Action Initiative. [...]

The US Geothermal Energy Association has released a report assessing the progress in worldwide geothermal development since 2005. The report, titled, “Update on World Geothermal Development,” concludes, “Geothermal development is accelerating.” According to the assessment, the number of countries producing power from geothermal resources could increase 120%, from 21 countries in 2000 to as many [...]

Provo-based Raser Technologies announced that it will partner with United Technologies Corp. to build its first three geothermal power plants. “We believe these types of renewable energy-producing power plants will be a significant part of the U.S. power production portfolio in the future,” Brent M. Cook, Raser’s chief executive officer, said in a statement Thursday. [...]

Southern California Edison (SCE) announced 2006 renewable energy purchases and deliveries led the nation with 7.5 billion kWh of Geothermal energy, which is over three 3 times the energy delivered by SCE from wind sources and over 12 times the amount from solar sources. read article in Morningstar

Shares of electric motor maker Raser Technologies Inc. soared Thursday after the company said it reached a deal to work with industrial giant United Technologies Corp. on power plants that use the earth’s heat to generate electricity.Read Full Article in Forbes

A recent hearing in the Senate Finance Committee titled, “Clean Energy: From the Margins to the Mainstream,” featured His Excellency John Bruton, Ambassador, European Commission Delegation; John Krenicki, President and Chief Executive Officer, General Electric Energy; Todd Raba, President, MidAmerican Energy Company (MEO), Des Moines, IA; Johan van’t Hof, Chief Executive Officer, Tonbridge Corporation, Toronto, [...]

Senator Menendez Seeks Support from Other Senators for Full Funding of Renewable Energy Research “In a March 21 letter to the Chair and Ranking Member of the Subcommittee on Energy and Water Appropriations, GEA, the American Wind Energy Association, Solar Energy Industries Association, and National Hydropower Association called for increased funding for renewable energy programs [...]

2007 Geothermal Funds Restored in Senate Appropriations Bill, $50 Million Program Included in 2008 Budget “Today, the Senate began consideration of its version of the FY 2007 Supplemental Appropriations bill, S.965 (S. Rept 110-37). This legislation provides the funding requested by the White House to continue the Iraq War and a variety of other government [...]

Geothermal Holds More Potential at Less Impact to Society Now the equation is showing significant signs of change. Costs are falling for some alternative-energy sources, driven by new technology and renewed development interest. The math looks even more favorable if you consider the environmental cost of fossil fuels — which most purely economic calculations don’t. [...]

New legislation that would require many U.S. utilities to generate 20 percent of their electricity from renewable energy resources by 2020 was introduced Thursday by Congressman Tom Udall of New Mexico. “ A renewable portfolio standard should be passed this Congress,” said Alan Nogee, Union of Concerned Scientist Clean Energy Program Director. “The bill gives [...]

By Robert GehrkeThe Salt Lake Tribune Geologists believe Utah sits on one of the prime reservoirs of geothermal energy in the United States, an energy resource that is clean, renewable, reliable and, to date, almost entirely untapped. And, in a time when President Bush has called in his State of the Union address for an [...]

The answer to the world’s energy needs may have been under our feet all this time, according to Jefferson Tester, professor of chemical engineering at the MIT Laboratory for Energy and the Environment. Tester says heat generated deep within the earth by the decay of naturally occurring isotopes has the potential to supply a tremendous [...]

“RENEWABLE ENERGY makes up only a small fraction of U.S. energy use — 6 percent, according to the most recent figures from the Energy Information Administration — but the buzz over renewables is huge, and the number of renewable deals being done is increasing rapidly…”read more

The following presentations were given at the March 1, 2007 briefing on geothermal energy to members of the U.S. Congress. This second annual briefing was hosted by Geothermal Energy Association (GEA) and the Environmental and Energy Study Institute (EESI) and featured the following presenters: (1) Bernie Karl, Chena Hot Springs Resort, Alaska (2) Karl Gawell, [...]

Advocates call it one of the cleanest, sustainable energy resources available. However, steep construction, equipment and drilling costs have prevented more widespread development of geothermal technology. An Ohio University hydrothermal systems expert is working to change that… read article

By Scott Sklar—Let us take a hypothetical 300 MW combined renewable energy plant composed equally of geothermal or microhydro/tidal, photovoltaics or concentrated solar power, and wind—all with 20-year warranted output—able to produce electricity 24 hours, 7 days per week. Now I probably can provide a combined cost including operations and maintenance over these 20 years. [...]

“Global clean-energy markets are poised to quadruple in the next decade, growing from $55.4 billion in revenues in 2006 to more than $226.5 billion by 2016 for four benchmark technologies, according to the sixth annual Clean Energy Trends report.”read full report

A comprehensive new MIT-led study of the potential for geothermal energy within the United States has found that mining the huge amounts of heat that reside as stored thermal energy in the Earth’s hard rock crust could supply a substantial portion of the electricity the United States will need in the future, probably at competitive [...]