Geothermal plant cost potentially cut by 50%

CleanTechnica

Geothermal developers from AltaRock Energy, a Washington state-based company, have been working on creating geothermal reservoirs with their own technology. They have recently made three such reservoirs from a single well, which means there is a greater chance a commercial geothermal plant can be built because with more reservoirs there is greater flow and energy output for each well. With human-made reservoirs expanding the energy output, the overall cost of constructing a geothermal plant could be reduced by 50 per cent.

“The purpose of the Newberry EGS project is to demonstrate AltaRock’s tne technology designed to lower the cost of EGS, and thus allow economic extraction of heat from the earth in locations where high temperatures can be reached by conventional drilling techniques,” said Susan Petty, founder and president of AltaRock. (Source: Fort Mill Times)

These reservoirs are also called stimulated zones or enhanced geothermal systems, and located at the Newberry Enhanced Geothermal System (EGS) Demonstration site, which is near an ancient volcano in Oregon. They are created by injecting cold water into hot, low permeability rock to amplify fractures there, which then allows the surface hot water to leak out and fill the human-made reservoirs. (The Department of Energy has contributed over $20 million to their research.)

The potential costs savings results from the ability to create multiple hot water reservoirs from one well or single site. Alta Rock has made Thermally Degradable Zonal Isolation Materials (TZIM) to help create these multiple zones. A biodegradable polymer was used at the Newberry site in a process that was implemented several times. It is possible to do more than three stimulation rounds at one site for reservoir creation.

If you would like to follow the Newberry project updates, Alta Rock has been publishing a blog.

Geothermal is believed to have large potential because it has a smaller environmental footprint and produces clean energy 24/7, whereas solar and wind power are intermittent sources. Typically, one may think of Iceland as being nearly synonymous with geothermal power, but there is no reason it can’t be developed all over the world, if there are sufficient natural resources for it.

This article was originally published on CleanTechnica. Reproduced with permission.

Comments

One response to “Geothermal plant cost potentially cut by 50%”

  1. Sean O'Shannessy Avatar
    Sean O’Shannessy

    Good news but I must take issue with the significant factual error in this piece. Solar thermal power is not intermittent.
    http://en.wikipedia.org/wiki/Solar_thermal_energy#Molten_salt_storage

    It is in fact safer and more sustainable to heat rocks with Solar Thermal than mucking about with sub strata geological formations involved in geo-thermal.

    Of course there are a range of other ways to store power. Compressed air, pumping up to hydo storage, converting water to hydrogen. In short there are no real obstacles to renewable base load power, just fossil fools getting in the way of a sustainable prosperous future.

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