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RSSArchive for December, 2010

OSU dorms to get ground source system

Five dormitories at Ohio State University built in the 1950s are slated to get a new ground source heating and cooling system. The university will drill 450 geothermal wells 550 feet deep for Park, Siebert, Smith, Steeb and Stradley halls as well as two new 11-story buildings that also will have dorm rooms. The five [...]

Geothermal power and heat pump market growth at 14%

In Texas, a new report from MarketsandMarkets states that the global geothermal energy market, including power generation and ground source, is expected to grow from 61,200 MW in 2010 to 120,300 MW in 2015 in terms of installed capacity at an estimated CAGR of 14%. By region, the report says that Europe leads the geothermal [...]

Ram’s Orita well produces good test results

In California, Ram Power, Corp. says it has successfully drilled and flow tested the Orita No. 2 well in the Imperial Valley. The well was flow tested with a sustained flow rate of approximately 500,000 pounds per hour at 155 psig with a bottom hole temperature exceeding 570 F. Geothermal consulting and services firm GeothermEx, [...]

Euros to Africa: Plenty of money flows south while parts of Europe await

In France, the European Investment Bank (EIB) and the French Development Agency (AFD), will together finance a 280 MW expansion of the electricity generating capacity of the Olkaria geothermal power plant in Kenya.
This comes on the heels of this month’s Geopower Europe that saw some grumbling about the commitment of EU members to the technology. [...]

Cornwall geothermal plant gets go ahead

In England, the Cornwall Council has given the go-ahead for a deep geothermal power plant. Water injected into two boreholes about 2.5 miles deep will be heated by the hot rocks and then used to drive electricity turbines. Heat produced by the plant will be used to provide warmth for the Eden Project biomes and [...]

Wasabi trading on London exchange

In London, Wasabi Energy, a cleantech investor based in Australia, completed a secondary quotation on AIM, the London Stock Exchange’s international market for smaller growing companies. Wasabi, whose main business is commercializing waste heat technology using the Kalina Cycle, raised $7.6 million prior to joining AIM. Longer-term, Wasabi subsidiary Global Geothermal intends to build and [...]

Chevron to expand geothermal presence in Indonesia

In Indonesia, reports say that Chevron Pacific Indonesia expects to aggressively establish more geothermal power projects in the coming years. “Chevron will always bid for any geothermal tenders offered by local governments in Indonesia,” Abdul Hamid Batubara, CPI’s president director, told the Jakarta Globe in an interview. He said the company’s goal was to boost [...]

New 20 MW plant to be built near Metro Manilla

In the Philippines, Petroenergy Resources Corp. (PERC) is investing $63 million to build a geothermal plant on Mt. Makiling. The Board of Investments has approved the registration of the project, which will include the construction and operation of the 20 MW Maibarara power plant in the Makiling geothermal zone in Sto. Tomas, Batangas and Calamba, [...]

City ice rink uses ground source energy

In Michigan, ground source energy is making ice. Officials began making ice for the rink at the Plymouth Cultural Center in August, four months after the installation was begun. The system uses 45 holes drilled holes and also recirculates the heat stripped out in the process of making ice. The city says the geothermal system [...]

Hawaiian magma found to be close to the surface

In Ohio, researchers from Ohio State University say that the magma chamber that forms the Hawaiian Island chain say the molten rock lies much closer to the surface than previously thought. They say the discovery could help in predicting when Hawaiian volcanoes may erupt, and also suggests Hawaii has huge potential for geothermal energy production. [...]