INVESTORS EYE GEOTHERMAL OPPORTUNITY (Pt 2)

Here's How Geothermal Energy Will Soon Heat Up Wall Street

John Licata, May 2, 2014 (The Street)

“… [G]eothermal fields produce just one-sixth of the carbon dioxide that a clean natural-gas-fueled power plant produces and is seen by the Environmental Protection Agency as the most efficient, clean and cost effective for temperature control…[and it takes] a smaller footprint to develop geothermal versus solar or wind farms…[Geothermal is] a 24/7 base-load power source…[without the need to] depend on storage…[T]apping a constant source of power that will generate little if any greenhouse gases is becoming hard to overlook…Thanks to enhanced geothermal systems (EGS), engineered reservoirs that maximize technology, geothermal power may very soon make headways beyond the hotter western U.S. states, especially since the U.S. Geological Survey estimates this vast, untapped geothermal resource is between 100 and 500 gigawatts, enough to power millions of American homes…[Stocks likely to benefit include] industry giant Ormat Technologies (ORA), which has geothermal projects in Nevada, Hawaii, California and Kenya and recently received big supply contracts in Indonesia…More speculative plays include U.S. Geothermal (HTM),Alterra Power (MGMXF) and Ram Power (RAMPF)…” click here for more

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