DSIRE is a comprehensive source of information on state, local, utility and federal incentives and policies that promote renewable energy and energy efficiency. Established in 1995 and funded by the U.S. Department of Energy, DSIRE is an ongoing project of the N.C. Solar Center and the Interstate Renewable Energy Council.
Geothermal in the Oil Field Symposium
August 18-19, 2010
Casper, Wyoming
Thank you to everyone who attended the first Geothermal in the Oil Field Symposium. We hope that you enjoyed your time in Casper. If you have questions or need more information about the symposium, Contact Us.
Geothermal resources have been successfully utilized in many locations worldwide with significant economic rewards, but geothermal energy for electrical power is currently an untapped, power source in the Canadian energy market and specifically in Canadian oilfield operations. At present, this hot water resource is readily available through the existence of numerous deep, end-of-life oil and gas wells in the Canadian Foothills and the use of the hot water resource for electricity production has the potential to increase energy efficiency and offer carbon offsets for the oil and gas companies.
Ormat Technologies, Inc. (NYSE: "ORA") is a leading vertically integrated company dedicated to providing solutions for geothermal power, recovered energy generation (REG) and remote power.
The ElectraTherm Green Machine is the world's first commercially viable heat-to-power generating system using patented heat recovery technology that requires minimal heat (about 200° F liquid) and is low cost, fuel-free and emissions-free.
With a subsidy-free payback period of 2-4 years or less, the economic implications to the world of a modular, scalable (30 kW - 200 kW output) unit that makes electricity from unused, accessible heat, are huge.