Advantages of Geothermal Energy
When compared to solar, biomass or wind, geothermal energy has proven to be much beneficial. Geothermal energy can be naturally refilled, which means it does not deplete like other energy forms. Some researchers have said that the energy in the geothermal reservoirs can last for billion years. It is a constant source of energy as it is not dependent on
sun or wind and is always available for use. Fossil fuels getting drained, geothermal energy is certainly not going to exhaust anytime soon.
Stable Pricing and Maintenance
Conventional power plants rely on fuels in order to generate electricity hence the costs keep rising and falling depending on the cost of fuel. However, geothermal energy does not need fuel hence the price remains constant. Geothermal systems only have few movable parts which are sheltered inside a building; hence the durability and sustainability of
geothermal plants is higher than that of conventional energy. The heat pump pipes can usually last up to 50 years.
Over the years there has been a significant growth in the utilization of geothermal energy in homes. One evident reason for this is its energy saving feature. A 30-60% savings on heating and 25-50% savings on cooling is observed. Also, the entire geothermal system is wired underground which eliminates the discomfort created by noisy heating and cooling systems.
Geothermal energy gives back an equal amount of water to the area where the heat extraction is happens however it is at a lower temperature which makes this form of energy extremely sustainable and renewable. With the depletion of fossil fuels and increasing demand of energy in industries and households, geothermal energy will gain a wider utility. As geothermal energy has minimal land and freshwater requirements, it has a wider scope in the present and future of the environment.
Geothermal Energy is used in many countries in the world, US being the largest producer of it. A significant usage is also observed in Iceland, New Zealand, Kenya, Philippines and many more. Since geothermal does not depend on weather and climatic conditions, many countries are open to investing into geothermal plants in order to save for the future. It might be a great investment today however it sure has its benefits that will be reaped by the generations to come. Geothermal energy must have not been a much talked about subject, but it has made a huge difference in the conventional methods of energy production. If we understand the benefits of geothermal energy today we can make it work wonders for our environment today as well as tomorrow.