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Geothermal Research and Tech IEA

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Geothermal Research and Tech IEA ( geothermal-research-and-tech-iea )

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Center (RMOTC), the National Renewable Energy Laboratory (NREL), and the Southern Methodist University (SMU) Geothermal Laboratory hosted a two-day geothermal symposium in Casper, Wyoming. This first-of-its-kind symposium covered low-temperature projects throughout the western United States and provided an opportunity for participants to learn of the remarkable potential for power generation using co-produced fluids from existing oil, gas, and industrial infrastructure with minimal additional environmental impacts. DOEOffers$15MillionGeothermalHeatRecoveryOpportunity- OnAugust20,2010, the Geothermal Technologies Program announced a US$ 15 million funding opportunity to research and develop innovative methods of extracting heat from geothermal resources. DOE is promoting the advancement and commercialization of technologies for heat recovery with environmental, technical, and financial risks that are potentially lower than currently available methods are. The funding opportunity announcement (FOA) seeks applicants to expand geothermal power generation into geologically diverse environments, such as permeable sedimentary formations that minimize the risk of rapid drawdown of a reservoir's heat. The FOA also calls for the reduction of the levelized cost of electricity for new methods of geothermal energy production from US$ 0.10/kWh to $0.06/kWh (4).  DOE Awards $20 Million to Develop Geothermal Power Technologies- On September 15, 2010, DOE announced its selection of seven projects to research, develop, and demonstrate cutting-edge geothermal energy technologies involving low-temperature fluids, geothermal fluids recovered from oil and gas wells, and highly pressurized geothermal fluids. Today's geothermal power plants draw on underground reservoirs of water or steam that are heated by "hot spots" in the Earth's crust. While traditional geothermal power plants require reservoirs at temperatures greater than 360°F (232 °C), hot enough to easily generate steam, the latest generation of power plants is using binary-cycle technology to draw on lower-temperature resources. This technology uses a "working fluid" that vaporizes at a lower temperature than water. By passing the geothermal fluid through a heat exchanger, the working fluid is vaporized, and its vapor is used to drive a turbine, which spins a generator to produce power. The vapor is then condensed and reused in a closed cycle. Because the geothermal fluid is kept apart from the working fluid, the two fluids form two separate cycles, hence the name "binary-cycle" technology (5). U.S.andIcelandSignBilateralAgreementtoDevelopCleanGeothermalEnergy- On October 6, 2010, the United States and Iceland signed a bilateral agreement aimed at increasing the world‘s understanding of advanced geothermal technologies and accelerating their deployment. The agreement was signed by U.S. Ambassador to Iceland, Luis Arreaga, and Icelandic Minister of Industry, Energy and Tourism, Katrín Júlíusdóttir. The new agreement, entitled ―Scientific and Technological Cooperation on Geothermal Research and Development,‖ was established cooperatively by the U.S. Department of Energy and Iceland‘s Ministry of Industry, Energy and Tourism. It is designed to allow an exchange of researchers, joint projects, and education initiatives to accelerate advanced geothermal development, and to identify key obstacles to increasing the use of this renewable energy resource. Demonstrating cutting-edge geothermal technologies will reduce the dependence on fossil fuels in both countries, while significantly cutting carbon pollution and creating new jobs in geothermal research, deployment and operations. 242

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