News on Geothermal
The Turkish authorities have set a 10-year feed-in tariff (FIT) of TRY 1.06 ($0.0545)/kWh for PV systems that are installed between July 1, 2021, and December 31, 2030. Solar projects with Turkish PV components will be given an additional five-year tariff of TRY 0.2880/kWh.
Taiwan has announced the split of the feed-in-tariff available to geothermal power plants for sizes under and above 2 MW in installed capacity.
Minnesota’s Carleton College is among a growing list of schools investing in the centuries-old technology as part of a path to eliminating greenhouse gas emissions by 2050 or sooner.
Chingshuei Geothermal Power (CGP) has inaugurated a geothermal power plant in Yilan County, northeastern Taiwan – the first established by private investors for commercial operation in Taiwan, according to Ministry of Economic Affairs (MOEA).
The number of geothermal power plants in Japan has quadrupled since the 2011 nuclear disaster in Fukushima, northeastern Japan, according to industry data.
Earlier this year, we reported on plans of the Japanese government to push geothermal development with deregulation efforts. So together with great feed-in-tariff support, now it seems geothermal is set for another kick.
Heat from below the Earth’s surface has provided a reliable source of electricity for decades in many countries — but not Canada. Now, several projects underway in western provinces could herald a new era for this untapped resource and offer job opportunities for former oil and gas workers
Scientists at the KIT Energy Center at the Karlsruhe Institute of Technology say there is enough lithium dissolved in the groundwater extracted by German geothermal heating and electricity installations to meet the needs of most if not all of the battery manufacturers in the country. “As far as we know, there can be up to 200 milligrams per liter,” says geoscientist Dr. Jens Grimmer of the Institute of Applied Geosciences at KIT. “If we consistently use this potential, we could cover a considerable part of the demand in Germany.”