Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on April 29, 2006

Bookmark and Share

Geothermal Could Supply Over 30,000 MW by 2025

Geothermal resources could supply over 30,000 MW of power by 2025, the Geothermal Energy Association (GEA) told the Senate Energy and Water Appropriations Subcommittee today. This would meet 6 percent of today’s total U.S. electricity needs, and is equal to 100 percent of the electricity generated in California, Nevada and Idaho.


GEA pointed to substantial consumer and economic benefits from achieving this level of new, renewable power production. Besides providing reliable electric power at stable prices, the association argued it would also relieve pressure on spiraling natural gas prices by displacing substantial amounts of natural gas otherwise needed for power production. GEA projects new development will bring over $70 billion of new investment in the economy, producing 130,000 permanent full time jobs and stimulating significant construction and manufacturing employment.



usnewswire



Leave a Reply

Your email address will not be published. Required fields are marked *