Sunday, August 17, 2014 6:54:09 PM
GEOTHERMAL POWER
Ram Power is in the business of developing, owning, and operating clean, sustainable, renewable geothermal energy projects in North and South America. Ram Power's goal is to become a world leader in geothermal power production.
The Future of Geothermal
Enhanced Geothermal Systems (EGS)
With rising popularity of geothermal energy as an alternative to fossil-based fuels, significant amount of capital has been invested in research and development of new technologies. Although not commercially viable as yet, EGS systems are designed to extract heat from areas with low permeability and porosity, which would substantially enhance extraction technologies and methodologies. Enhanced geothermal systems consist of production and injection wells that are drilled to more than 10,000 feet in depth, enough to reach sufficient permeability and porosity. In a recent major report titled "The Future of Geothermal Energy", the Massachusetts Institute of Technology estimated that EGS could provide 100 GW of new geothermal capacity.
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