NewEnergyNews More: THE MANY ECONOMIC BENEFITS OF GEOTHERMAL

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    • Tuesday, June 17, 2014

    THE MANY ECONOMIC BENEFITS OF GEOTHERMAL

    New Industry Paper Examines Reports on Geothermal Power Costs and Benefits

    June 16, 2014 (Geothermal Energy Association)

    “Geothermal energy is an affordable power source, according to an analysis of several government and private sector reports published in 2014…[The Economic Costs and Benefits of Geothermal Power concluded that geothermal] compares favorably with other technologies currently available according to… the U.S. Energy Information Agency, Bloomberg New Energy Finance, and the California Public Utilities Commission…According to the Department of the Interior, geothermal [also] generated $15 million in fiscal year 2014 [in royalty payments]…[And] GEA estimates that for every 100 MW of geothermal power, the industry provides 170 permanent, full-time jobs…[as well as] 310 annual construction and 330 annual manufacturing/equipment jobs…” click here for more

    click to enlarge

    posted by Herman K. Trabish @ 5:42 AM

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