Geothermal energy is a clean, efficient and long-lasting source of energy that can be used in both domestic and commercial settings. It is produced by drawing on the earth’s natural heat and is a constant, non-polluting source of energy. Consumers benefit from lower energy bills and a long-lasting system, while those who wish to live a green lifestyle benefit from the environmental benefits of geothermal energy. The commercial power plant sector also benefits from lower costs and reduced emissions.
The benefits of geothermal energy are many for both consumers and commercial purposes. It is a clean, efficient and long-lasting form of energy. Since no fuels are burned, it is a constant, non-polluting source of energy that does not need to be renewed.
Geothermal energy is produced by drawing on the natural heat produced by the earth’s core. It can be used in a domestic environment through the use of buried pipes a few meters underground in combination with a heat pump. It can also be used as an energy source for commercial power plants when drilled into the earth’s crust. Cold water is pumped through a system of pipes, is heated by the earth’s core and returns warm to the surface. This water is used to drive a steam turbine and generator.
There are several reasons consumers choose to use geothermal systems in their homes. Home energy bills cost 30-70% less than standard heating and cooling systems. While the systems can be quite expensive to install, this cost is recouped in three to five years in most cases due to the utility savings offered.
Another of the advantages of geothermal energy is the duration of the system. Most come with a standard warranty of 25 to 50 years, but are expected to last anywhere from 50 to 200 years. A standard oven should only last 20-30 years, so replacement costs are also lower.
For those who wish to live a green lifestyle, there are environmental benefits of geothermal energy. The fluids in the pump are biodegradable, non-toxic and non-corrosive. They are regarded by the Environmental Protection Agency (EPA) as one of the most energy efficient and environmentally friendly options available for home heating and cooling.
The systems operate on a minimal amount of electricity. Some electric companies offer special rates for home users of geothermal energy as it saves energy in electrical systems during peak usage times of the year. Another of the financial benefits of geothermal energy is that the US federal government provides tax credits to those who install one of these systems.
The benefits of geothermal energy in the commercial power plant sector are similar to those in the private sector. Geothermal power plants release about 1-3% of carbon dioxide emissions and 97% less acid rain than a fossil fuel plant. They also take up much less space in terms of surface area.
The implants work at a significantly lower cost. There are no fuels to burn, so there are no extra costs for fossil fuels and there are no tariff changes as the cost of fuels rises. Tax breaks are offered to low-polluting plants, so these savings can be passed on to the consumer. These clean, efficient and overall less expensive plants appear to be the future of power transmission.
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