Nearly a third of Britain’s renewable heat could be produced using underground energy, says Emmeline Saunders of Politics.co.uk, quoting a report by the Environment Agency.
Homeowners and businesses could be paid to produce their own heat using ground source heat pumps to regulate temperature in buildings and provide hot water, the report says.
There are just 8,000 […]
AltaRock Energy Inc, the California based Geothermal energy company, has announced today it closed a $26.25 million second round of financing that will fund the development and demonstration of technology designed to lower the cost of Engineered Geothermal System (EGS) electricity generation. The funding is coming from the company’s first-round investors, Khosla Ventures and Kleiner […]
The Australian Federal Government is giving away $50m to geothermal developers. The money will be used to cover the costs of exploration and drilling. The initiative comes after findings from Geoscience Australia which say that just 1 per cent of Australia’s latent Geothermal energy could produce 26,000 times the amount of energy used by Australians […]