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Business, Energy

Just how much geothermal potential is in the US?

01.23.07 | 9 Comments

This is a question bandied about frequently in geothermal circles. Recently, a panel chaired by Jeff Tester from MIT set out to answer that question and they presented their results at the 32nd Stanford Geothermal Conference yesterday.

Let’s first setup the measurement system, it’s in exa-joules (EJ.) A kilowatt hour is approximately 3.6M joules. An exa-joule is 10 to 18th power joules, or 1,000,000,000,000,000,000 joules. The entire US electric consumption for a year is around 100 EJ. Now that this is a nice easy way to think of it, 1 EJ = 1% of annual US electricity consumption, I’ll tell you what they discovered.

That if only 2% of the US geothermal potential was tapped, we would be able to access some 28,000 EJ in electric power generation. This statement is grand and requires some explanation. There are two flavors of geothermal power, hydrothermal and enhanced or engineered geothermal systems. This combines the output of both methods and predicts that resources at deep as 10km will be exploited over the next 50 years.

Even if this estimate is wrong by two orders of magnitude, it’s still 28x our current annual electricity consumption for the entire country. That is sufficient to cause even the most jaded person to stop and think. What could we achieve if we diligently work to tap and harvest this resource inside our own borders, with no carbon emission, and maintain our energy system with baseload power? What’s the impact of simply displacing old coal plants with new geothermal plants?

The study goes on to say that they believe 100,000 MWe (generation capacity) is entirely feasible by 2050, which is only 10% of the current electricity consumption per year in the US. There’s now a nice article posted on the MIT website that references this study available here.

I’ve said it before and I’ll say it again, each megawatt hour of electricity generated by burning coal yields a ton of carbon and 14 kg of SOx and NOx into the atmosphere. To produce a new “clean” coal plant is a $1B+ investment. Fuel cost of coal has increased 35% over the past 6 years. Our ability to transport new coal in the US is constrained by railroad capacity, which is at capacity. Why invest in coal now?

Why not invest in clean power generation where the fuel is free and local. Nothing gets vented into the atmosphere (in a closed system) and start solving our dependence and climate impact. This isn’t rocket science….

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