I disagree big time Geothermal is a much better power source. Geothermal is a renewable energy source that is expected to grow fivefold in the next seven years and produces more than double the energy of solar and wind combined. And here is the real rub. .unlike solar power, geothermal is cheaper to produce than coal, oil or other "dirty" sources of energy. The most common form of geothermal power costs about $64 a megawatt-hour, according to Bloomberg New Energy Finance, below the $78 for coal, $82 for onshore wind turbines and $142 for traditional solar panels.
And while wind and solar only generate power when the wind blows or the sun shines, geothermal power plants provide electricity almost constantly. This is referred to as baseload power, which is more desirable than the intermittent power provided by other renewable energy sources.
Geothermal energy is generated from the constant and limitless heat of the earth. Below the Earth's crust, there is a layer of hot and molten rock called magma. Heat is continually produced there, mostly from the decay of naturally radioactive materials such as uranium and potassium. The amount of heat within 10,000 meters (about 33,000 feet) of Earth's surface contains 50,000 times more energy than all the oil and natural gas resources in the world.
HTM has 3 fully functional power plants all selling power in long term deals. They have two more nice projects on the books that are also close to kicking off. Even if you take their current assets and take out their liabilities this looks very attractive.
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