Geothermal - Live Cogeneration

Geothermal energy is the natural heat within the earth produced from fluids that absorb the heat within crustal rocks.  

Theoretical Availability

Although this energy is non-uniform its distribution is globally widespread.  

Exploitation of geothermal energy has concentrated on hydrothermal resources from aquifers.

Hot Dry Rock

During the 1970's the Hot Dry Rock (HDR) concept was developed, which extracts heat from artificial injection of cold water into crystalline plutonic rocks or metamorphic 'basement' complexes.  Water is pumped down one well to induce hydraulic fracturing to create a reservoir.  

Water is then circulated under pressure through these fractures, absorbing heat before returning to the surface via one or more production wells.  

The concept was initially pioneered in the UK and the USA.  The focus has more recently switched to large scale experimental work at Soultz, under a EU co-ordinated program, and in Japan.  Other concepts such as direct exploitation of heat from magma bodies and energy extraction from geopressured formations remain longer term options.

Direct use of geothermal energy is only likely to be economically viable where there is a large base load energy demand.  

Detailed geological conditions, which ultimately govern the quality of the resource (formation fluid temperature and flow rate) are difficult to predict in advance without capital investment in drilling and well tests.  

Consequently, geothermal energy is regarded as a high risk investment relative to other forms of energy production.  However, both the French and Icelandic Governments have shown that with imaginative assistance schemes, the resource can be successfully developed and sustained.  

Moreover, new energy markets suited to large base load demand could be developed  either from existing systems or newly developed resources.  The high risk associated with development and the continued influence of low World fossil-fuel prices will probably lead to only modest increases of 12% in the direct use of geothermal energy by the year 2010.

 

Key Factors For Geothermal Development

For deployment, the following non technical market barriers play an important role:

The key factors for successful Geothermal development are: