Geothermal energy has gained a lot of supporters over the last couple of years as an alternative energy source. As the technology of geothermal energy has advanced, so has the interest in incorporating it into the overall energy demand.

Geothermal took a big move forward this past week as Google announced it was investing $10.25 million dollars in an energy technology called Enhanced Geothermal Systems (EGS).

And it looks like Google made a wise investment choice. According to an MIT report on EGS, only 2% of the heat beneath the continental US between 3 and 10 kilometers (depths we can reach with current technology) is more than 2,500 the annual energy use of the United States.

The funding will also go towards geothermal resource mapping, information tools, and a geothermal energy policy agenda according to CleanTechnica

The investments will go towards three institutions: AltaRock Energy, Potter Drilling, and the Southern Methodist University Geothermal Lab.

As the technology advances still, there will be more investment and research in bringing affordable geothermal energy to our homes and businesses.

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This entry was posted on Monday, August 25th, 2008 at 9:51 am and is filed under Geothermal Power. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.