Mr. Akash Ingle
Assistant Professor
Department of Electrical engineering
Email id -akash.ingle@kalingauniversity.ac.in
Kalinga University Naya Raipur.
It’s amazing to see how far geothermal power generation has advanced, and it’s an essential part of renewable energy. Geothermal energy is being used in 70 nations for heating and 26 countries for electricity generation ¹. The United States possesses 23.9% of the capability of geothermal energy worldwide which has 15.4 GW.A recent survey found that 806 geothermal power projects totaling 23,313 megawatts are now under development worldwide, with the majority of these projects situated in Asia, North America, and Africa. Nonetheless, there are significant obstacles facing the sector worldwide. Projects must obtain both public and governmental approval, which can occasionally be hampered by local resistance. Financing and purchasing power are especially difficult.
Capacity of Geothermal Power Worldwide
According to the International Renewable Energy Agency, 14,438 megawatts (MW) of geothermal power generated 94,949 GWh of electricity globally as of 2020. According to projections, geothermal power might supply 3 to 5% of the world’s demand by 2050 ¹, and this growth is anticipated to continue.
Nations Setting the Example
Some nations have advanced significantly in the production of geothermal energy. For example, Indonesia’s estimated 29 GW of geothermal energy resources ¹ are the greatest. Other nations that use geothermal energy to provide over 15% of their electricity include: The Philippines, Kenya, and El Salvador, Iceland, Costa Rica, and New Zealand.
Conclusion
Despite this, geothermal power plants have not yet reached their full potential for a number of reasons. The primary reason is the abundance of coal at incredibly low prices. But increasingly pressing environmental issues and restrictions on coal-based projects could soon compel India to switch to clean, green energy sources like geothermal energy.
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