London (PRWEB) June 15, 2011
Latest Technology Updates
This meeting comes at a perfect time for the geothermal industry after the recent announcement by US Department of Energy’s Secretary Steven Chu that up to $70 million of new funding will be invested over the next three years in technology advancements in geothermal to accelerate development.
Geothermal experts including Mitsubishi, PowerChem Tech and Baker Hughes will be speaking at the Geothermal Operations and Plant Optimization Conference about the latest technologies which include power conversion technologies, turbine installation and maintenance and, solutions to scaling and corrosion problems.
Geothermal Developments in the US
It has been reported that four of the top five states with geothermal power under development in the US have substantial renewable standards including Nevada with 25%, California 33% and Oregon with 25%, a sign that maximizing production on existing resources has to take priority to help reach these goals.
California, in particular delivered twice as much electricity to the grid as wind and solar combined in 2009. The 1,700 megawatts of installed capacity in California produced approximately 13,000 gigawatt-hours of electricity in-state, compared with 846 gigawatt- hours for solar and 4,949 gigawatt-hours for wind, according to the California Energy Commission.
The California Public Utilities Commission will be addressing over 100 geothermal experts regarding the current and future plans for geothermal production in California.
According to the GEA’s 2010 US Geothermal Power Production and Development Update, the geothermal industry has reportedly shown a 26% growth in new projects under development in the US. With 188 projects underway in 15 states, this could produce as much as 7,875 MW of new electric power – a clear positive sign that geothermal is a serious contender amongst other forms of renewable resources.
To find out more about the Geothermal Operations and Plant Optimization Conference access your brochure now at : http://www.geothermalinsider.com/operations/download-brochure.shtml
For further information, please email Emma Banymandhub on the contact information above