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Mar 03, 2009

Scientific American: Can Geothermal Power Compete with Coal on Price?

An article from Scientific American:

Combine a new U.S. president pushing a stimulus package that includes $28 billion in direct subsidies for renewable energy with another $13 billion for research and development, and the picture for renewable energy—geothermal power among the options—is brightening. The newest report, from international investment bank Credit Suisse, says geothermal power costs 3.6 cents per kilowatt-hour, versus 5.5 cents per kilowatt-hour for coal

To read the full article: http://www.sciam.com/article.cfm?id=can-geothermal-power-compete-with-coal-on-price

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