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This lecture covers the conversion processes and applications of geothermal power plants, including electricity production, end-uses, Carnot factor analysis, binary fluid systems, capital cost factors, and cost of electricity. The instructor discusses the different types of geothermal power plants, such as flash steam and binary systems using organic fluids like ammonia/water. The lecture also delves into the efficiency and challenges of selecting secondary fluids for geothermal energy conversion, as well as the capital costs and electricity pricing associated with geothermal energy production.