Slow Growth and Implementation of Geothermal in the United States

Published By : 04 Feb 2015 | Published By : QYRESEARCH

The geothermal is one of the most rapidly growing and developing fields in the world. The field sees 100 percent of renewable and clean energy activities across the globe. The science for geothermal has evolved impressively spanning on all scales and has proven economic and efficient. 

The present United States total energy sources in parlance to geothermal energy is less than one percent. 

In comparison to this number, the Iceland’s geothermal energy percentage is 65 percent.     

This only shows that the United States geothermal energy industry has certain issues in implementing the resource both politically and economically. The systems in this industry are hard to retrofit. Geothermal systems when conformed to new structures allow engineers and designers to obtain more efficiency and variability. The U.S. needs more geothermal energy sources to fit the current structure. 

Many owners do not wish to front the cost of fitting or introducing geothermal systems in their existing buildings. The country faces a huge problem in terms of economic factors. The industry in the United States is ruled by the private sector and thus issues arise. 

On the other hand, Iceland has a strong geothermal system because of a large percent of tax dollars for geothermal energy. This country introduces lower fossil fuels consumption which in turn increases growth in the geothermal industry.

The U.S. invests fewer dollars into the geothermal industry. The largest renewable energy source is the solar power that introduces the social issue of small scale projects.

The geothermal energy is coupled with higher reliability on fossil fuels. Additionally, wind and solar energy alone do not solve energy crisis. These systems will bring an end to fossil fuel dependency and introduce us to the reliable off-the-grid energy systems. 
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