Document Type

Technical Report

Publication Date

9-2009

Publication Title

Cost efficient energy production, Geothermal energy availability, Hydrothermal exploration, Geothermal energy generation, Renewable energy policies

Publisher

National Renewable Energy Laboratory

First page number:

1

Last page number:

42

Abstract

Geothermal electricity production1 capacity has grown over time because of multiple factors, including its renewable, baseload, and domestic attributes; volatile and high prices for competing technologies; and policy intervention. Overarching federal policies, namely the Public Utilities Regulatory Policies Act (PURPA),2 provided certainty to project investors in the 1980s, leading to a boom in geothermal development. In addition to market expansion through PURPA, research and development policies provided an investment of public dollars toward developing technologies and reducing costs over time to increase the market competitiveness of geothermal electricity. Together, these efforts are cited as the primary policy drivers for the currently installed capacity (Fleischmann 2007).

Disciplines

Natural Resources Management and Policy | Oil, Gas, and Energy

Language

English

Comments

NREL Report No. TP-6A2-46653


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