MIT-led Panel Backs Geothermal as Key U.S. Energy Source

http://www.renewableenergyaccess.com/rea/news/story?id=47192

A comprehensive new MIT-led study on the potential for geothermal energy within the United States has found that mining the huge amounts of heat that reside as stored thermal energy in the Earth's hard rock crust could supply a substantial portion of the electricity the country will need in the future -- probably at competitive prices and with minimal environmental impact.

An 18-member panel led by MIT prepared the 400-plus page study, titled "The Future of Geothermal Energy." Sponsored by the U.S. Department of Energy, it is the first study in some 30 years to take a new look at geothermal, an energy resource that has been largely ignored.

The goal of the study was to assess the feasibility, potential environmental impacts and economic viability of using enhanced geothermal system (EGS) technology to greatly increase the fraction of the U.S. geothermal resource that could be recovered commercially.

Although geothermal energy is produced commercially today and the United States is the world's biggest producer, existing U.S. plants have focused on the high-grade geothermal systems primarily located in isolated regions of the west. This new study takes a more ambitious look at this resource and evaluates its potential for much larger-scale deployment.

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