The cost of geothermal power is highly variable and dependent on such factors as rock formation geology (e.g. depth, temperature, water chemistry), site accessibility, cost of capital, local weather conditions (which affect the thermodynamic efficiency of the plant), permitting, land ownership (public v. private), transmission (getting the electricity into the grid), etc. The cost of building a new geothermal power plant is roughly $2.5m to $4.5m per MW installed capacity. The price of geothermal power when purchased through a power purchase agreement (PPA) currently ranges from roughly $85 to $110 per MWh, often with an escalator (e.g. 1% or 2% per year). The price increase passed on to the rate payer depends on the current energy portfolio of each utility company. Will geothermal replace fossil-fired (e.g. coal) plants? Or will geothermal supplement the existing portfolio? What percentage of power will come from geothermal? For example, if a large utility company currently supplies 9000 MW to its customers, adding a 20 MW geothermal plant to its portfolio will have little effect on electricity rates. Conversely, if a small, rural utility company supplying 100 MW chooses to replace 20 MW from coal with geothermal, rates will probably increase noticeably. The cost of geothermal power is highly variable and dependent on such factors as rock formation geology (e.g. depth, temperature, water chemistry), site accessibility, cost of capital, local weather conditions (which affect the thermodynamic efficiency of the plant), permitting, land ownership (public v. private), transmission (getting the electricity into the grid), etc. The cost of building a new geothermal power plant is roughly $2.5m to $4.5m per MW installed capacity. The price of geothermal power when purchased through a power purchase agreement (PPA) currently ranges from roughly $85 to $110 per MWh, often with an escalator (e.g. 1% or 2% per year). The price increase passed on to the rate payer depends on the current energy portfolio of each utility company. Will geothermal replace fossil-fired (e.g. coal) plants? Or will geothermal supplement the existing portfolio? What percentage of power will come from geothermal? For example, if a large utility company currently supplies 9000 MW to its customers, adding a 20 MW geothermal plant to its portfolio will have little effect on electricity rates. Conversely, if a small, rural utility company supplying 100 MW chooses to replace 20 MW from coal with geothermal, rates will probably increase noticeably.
Geothermal energy is harnessed and becomes electricity. This is then fed into the grid and is the same as any other electricity coming into our homes.
geothermal cost money like cost efficiency, it is an expensive price of geothermal, and it has a very big price to pay
The cost of geothermal energy depends on how far down you dig. When going for the hot rock deposits, the cost can be quite great because of repairs, etc. But when only going down a few hundred feet, the cost becomes much less. You are able to harvest your own geothermal energy for your house or business.
Geothermal energy is NOT from the sun. Geothermal energy is from heat inside the earth!
Low cost. No emissions. Renewable and endless.
Geothermal energy is harnessed and becomes electricity. This is then fed into the grid and is the same as any other electricity coming into our homes.
geothermal cost money like cost efficiency, it is an expensive price of geothermal, and it has a very big price to pay
to much
It does nothing
The advantages of geothermal energy is that it is low cost and has very little environmental impact.
Up.
Ireland does have some geothermal energy reserves.Ireland does have some geothermal energy reserves.Ireland does have some geothermal energy reserves.Ireland does have some geothermal energy reserves.Ireland does have some geothermal energy reserves.Ireland does have some geothermal energy reserves.Ireland does have some geothermal energy reserves.Ireland does have some geothermal energy reserves.Ireland does have some geothermal energy reserves.Ireland does have some geothermal energy reserves.Ireland does have some geothermal energy reserves.
The cost of geothermal energy depends on how far down you dig. When going for the hot rock deposits, the cost can be quite great because of repairs, etc. But when only going down a few hundred feet, the cost becomes much less. You are able to harvest your own geothermal energy for your house or business.
Geothermal energy is NOT from the sun. Geothermal energy is from heat inside the earth!
Low cost. No emissions. Renewable and endless.
my answer is the heat energy is magmaThe heat energy in earths crust is geothermal energy
china