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Colorado-based Gradient Geothermal is overcoming these barriers with a novel yet reasonably practical approach – producing geothermalpower from produced fluids of existing wells in oil and gas fields. “In either case, we generate power, but we can really flexibly meet the goals of our clients,” said Burke.
Many countries are broadening their energy matrix and exploring opportunities to develop geothermalpower projects often in regions where industrialization has not occurred. However, as technologies and our understanding of geothermal has improved, new practical applications have emerged.
Attendees were able to observe the operation of the country’s first geothermal plant and explore its direct applications in the production of products such as candles, coffee and honey.
(source: Celsius Energy) In addition, we have a lot more conventional geothermal resources to develop all around the world, including from deep sedimentary basins. We are going to see large growth in geothermalpower of three types— conventional, enhanced geothermal systems (EGS), and advanced geothermal systems (AGS).
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