Geothermal Energy Is the Next “Hot” Energy

Speculation, economic growth, and global tensions recently drove oil prices to around $50 per barrel. In a world in which energy consumption is constantly rising, the potential to tap geothermal energy is stunning.

To understand why, let’s examine the technology of geothermal power, including its pluses and minuses.

When tectonic plates crash into each other, and volcanoes, molten rock, and hot springs are present, an incredible amount of heat is generated. After pumping water into the ground, the heated water can .....