EGS
The New York Times has reported that the U.S. Department of Energy (DOE) plans to set up more stringent regulations governing enhanced geothermal projects.
According the Geothermal Energy Association, the U.S. geothermal industry's banner year in 2009, is only the beginning of long-term growth.
After a long process of application and waiting, four flagship projects have been awarded $128 million (USD) in grants by the Australian Government.
The projects were selected from 61 possible applicants to the Australian Renewable Energy Demonstration Program (REDP), which has been deliberating since last April.
Enhanced geothermal system (EGS) technology has taken another hit, as AltaRock Energy has announced they will indefinitely suspend drilling at their Geysers project in Northern California.
The investigation into a drilling mishap last spring at one of the world’s leading efforts to commercialize enhanced geothermal energy is now complete, and the news is not good.
Enhanced geothermal systems (EGS) could be the Holy Grail of renewable energy sources.



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