Geothermal energyGeothermal energy is thermal energy in the Earth's crust. It combines energy from the formation of the planet and from radioactive decay. Geothermal energy has been exploited as a source of heat and/or electric power for millennia. Geothermal heating, using water from hot springs, for example, has been used for bathing since Paleolithic times and for space heating since Roman times. Geothermal power, (generation of electricity from geothermal energy), has been used since the 20th century.
Enhanced geothermal systemAn enhanced geothermal system (EGS) generates geothermal electricity without natural convective hydrothermal resources. Traditionally, geothermal power systems operated only where naturally occurring heat, water, and rock permeability are sufficient to allow energy extraction. However, most geothermal energy within reach of conventional techniques is in dry and impermeable rock. EGS technologies expand the availability of geothermal resources through stimulation methods, such as 'hydraulic stimulation'.
Geothermal powerGeothermal power is electrical power generated from geothermal energy. Technologies in use include dry steam power stations, flash steam power stations and binary cycle power stations. Geothermal electricity generation is currently used in 26 countries, while geothermal heating is in use in 70 countries. As of 2019, worldwide geothermal power capacity amounts to 15.4 gigawatts (GW), of which 23.9 percent or 3.68 GW are installed in the United States.
Geothermal heatingGeothermal heating is the direct use of geothermal energy for some heating applications. Humans have taken advantage of geothermal heat this way since the Paleolithic era. Approximately seventy countries made direct use of a total of 270 PJ of geothermal heating in 2004. As of 2007, 28 GW of geothermal heating capacity is installed around the world, satisfying 0.07% of global primary energy consumption. Thermal efficiency is high since no energy conversion is needed, but capacity factors tend to be low (around 20%) since the heat is mostly needed in the winter.
Ground source heat pumpA ground source heat pump (also geothermal heat pump) is a heating/cooling system for buildings that uses a type of heat pump to transfer heat to or from the ground, taking advantage of the relative constancy of temperatures of the earth through the seasons. Ground source heat pumps (GSHPs) – or geothermal heat pumps (GHP) as they are commonly termed in North America – are among the most energy-efficient technologies for providing HVAC and water heating, using far less energy than can be achieved by burning a fuel in a boiler/furnace or by use of resistive electric heaters.
Economic historyEconomic history is the study of history using methodological tools from economics or with a special attention to economic phenomena. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and institutions. The field can encompass a wide variety of topics, including equality, finance, technology, labour, and business. It emphasizes historicizing the economy itself, analyzing it as a dynamic entity and attempting to provide insights into the way it is structured and conceived.
Binary cycleA binary cycle is a method for generating electrical power from geothermal resources and employs two separate fluid cycles, hence binary cycle. The primary cycle extracts the geothermal energy from the reservoir, and secondary cycle converts the heat into work to drive the generator and generate electricity. Binary cycles permit electricity generation even from low temperature geothermal resources (
District heatingDistrict heating (also known as heat networks or teleheating) is a system for distributing heat generated in a centralized location through a system of insulated pipes for residential and commercial heating requirements such as space heating and water heating. The heat is often obtained from a cogeneration plant burning fossil fuels or biomass, but heat-only boiler stations, geothermal heating, heat pumps and central solar heating are also used, as well as heat waste from factories and nuclear power electricity generation.
Heat pumpA heat pump is a device that uses work to transfer heat from a cool space to a warm space by transferring thermal energy using a refrigeration cycle, cooling the cool space and warming the warm space. In cold weather a heat pump can move heat from the cool outdoors to warm a house; the pump may also be designed to move heat from the house to the warmer outdoors in warm weather. As they transfer heat rather than generating heat, they are more energy-efficient than other ways of heating a home.
EconomyAn economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors.
