answersLogoWhite

0

Geothermal technology is very costly. It cost you millions of dollars.

The answer here depends on what aspect/Field of technology you wish to use Geothermal Technology in ... Ill tell you why ... There can be preexisting technology's that would render Geothermal Technology to be cost effective ... In other Fields there may be no existing technology's which would incense the cost of development in new technology's ... The aspect in which you plain to use Geothermal Technology can inflame the cost as well ... If the aspect in which you use this technology is not wildly used the cost to the developer and all investiture can be grate ...

User Avatar

Wiki User

15y ago

What else can I help you with?

Continue Learning about Earth Science

Is the cost of geothermal energy free?

No, the cost of geothermal energy is not free. While geothermal energy derives from natural heat within the Earth, the process of harnessing and converting this heat into electricity requires specialized technology and infrastructure, which incurs costs related to installation, maintenance, and operation.


What is the cost of geothermal energy per kilowatt?

The cost of geothermal energy per kilowatt varies depending on factors such as location, size of the project, and technology used. On average, the cost ranges from $0.04 to $0.10 per kilowatt-hour. This makes geothermal energy one of the most cost-effective renewable energy sources available.


Cost of geothermal?

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.


Is geothermal energy technology widely accepted today and why?

Geothermal energy technology is becoming more widely accepted due to its renewable and clean nature. It is considered a sustainable energy source with low greenhouse gas emissions, making it an attractive option for reducing reliance on fossil fuels and combating climate change. Additionally, advancements in technology have made geothermal energy more cost-effective and efficient, further contributing to its acceptance.


How much does it cost to build a geothermal power plant?

The cost to build a geothermal power plant can vary depending on factors such as location, size, and technology used. Generally, the estimated cost for a medium-sized geothermal power plant is around $2-7 million per megawatt. However, these costs can be significantly higher for larger or more complex projects.

Related Questions

What is the cost of technology?

Geothermal technology is very costly. It cost you millions of dollars. The answer here depends on what aspect/Field of technology you wish to use Geothermal Technology in ... Ill tell you why ... There can be preexisting technology's that would render Geothermal Technology to be cost effective ... In other Fields there may be no existing technology's which would incense the cost of development in new technology's ... The aspect in which you plain to use Geothermal Technology can inflame the cost as well ... If the aspect in which you use this technology is not wildly used the cost to the developer and all investiture can be grate ...


Is the cost of geothermal energy free?

No, the cost of geothermal energy is not free. While geothermal energy derives from natural heat within the Earth, the process of harnessing and converting this heat into electricity requires specialized technology and infrastructure, which incurs costs related to installation, maintenance, and operation.


What is the cost of geothermal energy per kilowatt?

The cost of geothermal energy per kilowatt varies depending on factors such as location, size of the project, and technology used. On average, the cost ranges from $0.04 to $0.10 per kilowatt-hour. This makes geothermal energy one of the most cost-effective renewable energy sources available.


Who discover geothermal power technology?

Minoans


Cost of geothermal?

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.


Is geothermal energy technology widely accepted today and why?

Geothermal energy technology is becoming more widely accepted due to its renewable and clean nature. It is considered a sustainable energy source with low greenhouse gas emissions, making it an attractive option for reducing reliance on fossil fuels and combating climate change. Additionally, advancements in technology have made geothermal energy more cost-effective and efficient, further contributing to its acceptance.


How does heating a home with geothermal technology help the environment?

Geothermal technology is helpful to the environment for a number of reasons. As it is heat naturally produced by the earth, geothermal plants do not cause pollution. It also has a promising future for its clean nature and range of uses.


How much does it cost to build a geothermal power plant?

The cost to build a geothermal power plant can vary depending on factors such as location, size, and technology used. Generally, the estimated cost for a medium-sized geothermal power plant is around $2-7 million per megawatt. However, these costs can be significantly higher for larger or more complex projects.


How can you make geothermal technology better?

i dont know! does anybody


What technology can help humanity?

Properly- and judiciously-applied technology. Wind and geothermal are also pretty cool.


What is the initial cost of geothermal heating for residential?

The initial cost would be buying the land that has geothermal capabilities as most land does not, so hundreds of thousands.


What is one advantage of geothermal?

The advantages of geothermal energy is that it is low cost and has very little environmental impact.