Friday, June 18, 2010
DOE Loans to Make Nevada the "Saudi Arabia of Geothermal Energy" | Inhabitat - Green Design Will Save the World
DOE Loans to Make Nevada the "Saudi Arabia of Geothermal Energy" | Inhabitat - Green Design Will Save the World: "Oregon will also see investment from the DOE, with the government department announcing an offer of a $102.2 million conditional commitment for a loan guarantee to US Geothermal, Inc. to construct a 22 MW power plant. The project, if approved, could be the first commercial geothermal power plant in the state, with the electricity generated being sold to Idaho Power.
Whereas most geothermal power plants generally draw on underground reservoirs of hot water or steam to drive a turbine, which spins a generator to produce power, the Oregon project will use an improved technology to extract energy from geothermal hot water more efficiently and will use the heat extracted to increase the output of the power plant."
Posted by teckron at 2:29 PM