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October 8, 2008

The Beginning of a Geothermal Renaissance

by Stephen Lacey, Podcast Editor

Nevada, United States [RenewableEnergyWorld.com]

This week, we're podcasting from the Geothermal Conference and Expo in Reno, Nevada. Most professionals at the conference would say that the geothermal industry is experiencing a renaissance. Indeed, as development of conventional resources has increased over the last few years and new technologies have grabbed the attention of financiers and the mainstream press, the industry is finally starting to get the recognition it deserves.

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We'll talk with Alexander Richter, Director of Global Research at Glitnir Bank, about some development trends in the U.S. and Iceland.

Dan Reicher, Director of Climate Change and Energy Initiatives at Google.org, tells us about the web-giant's interest in stimulating the market for large-scale Engineered Geothermal Systems (EGS).

Jared Potter, Co-founder and CEO of Potter Drilling and Mark Hankowski, VP of Business Development at Potter, describe how the company's advanced drilling technology will eventually allow for cost-effective EGS development.

And lastly, Mike Hayter, Director of Geothermal Development at Raser Technologies, talks about the company's plan to construct smaller-scale, modular geothermal plants that utilize lower temperature resources.

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October 8, 2008
I'm so happy geothermal power is finally getting the recognition it dedserves. I;m not a conspiracy theorist, but I'm pretty sure powerful coal interests have used their influence to make sure DOE didn;t give any support to geothermal last year. It is so much more promising than that oxymoron "clean coal:" Google has finally done what the Department of Energy should have done years ago. It;s too bad it's not even more money though becaues we need to improve deep drilling ASAP ro get the political support for geothermal from the east coast. Beothermal is already cheaper than coal in the West but the hot rocks are miles down in the east.
I was happy also to hear Obama mention geothermal in the debate and not mention "clean coal", as he has done in the past.
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