GEOTHERMAL ENERGY IN TRANSITION

McNITT James

Natural Resources Forum, 1977, vol. 2, issue 1, 5-17

Abstract: At a time when future sources of energy are under close scrutiny, both in terms of availability and suitability, geothermal energy ranks among the candidates for inclusion in any appraisal of alternative forms of supply. The use of geothermal energy for the production of electricity and for supplying domestic and industrial heat is a comparatively recent phenomenon, and its application remains closely constrained by favourable geological conditions. Yet exploration in several countries shows that geothermal energy may emerge as an important adjunct to total energy supply in many localities. McNitt outlines some of the economic and technological parameters of this energy source. Small scale geothermal power stations are more economic and less capital intensive than conventional plants, which make them of particular interest for developing countries with small electricity systems and competing demands on limited capital resources. The principal capital expenditures in the development of geothermal sources include exploration, steam production, installation of generating plant and the cost of effluent disposal. The wider use of low grade geothermal heat is also examined, in addition to the environmental problems occurring to the development of geothermal energy. The scope for technical co‐operation in the development of geothermal energy is substantial, and it is likely that this source of energy will undergo more intensive development on the local scale in the future.

Date: 1977
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https://doi.org/10.1111/j.1477-8947.1977.tb00895.x

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Persistent link: https://EconPapers.repec.org/RePEc:wly:natres:v:2:y:1977:i:1:p:5-17

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