Is Geothermal Energy Actually Effective, and Is It Here to Stay?
Here at Lamp, we believe in the power of building green. Healthier buildings can lead to happier people and a healthier environment. On top of that, green building practices provide our clients with surprising (and lasting) financial savings.
We’ve noticed that geothermal energy has been heating up lately. Is it for real? And is it a flash in the pan, or is it a cornerstone energy source for the future? Let’s take a look.
How effective is geothermal energy?
Well, we’ll answer that question with another question: How much do you know about the earth’s core? Probably enough to know that it’s really powerful and really hot.
Geothermal energy taps into the essentially limitless power of our planet’s core. So whether we’re talking geothermal or solar power, harnessing the renewable potential of heat is a great way to effectively produce energy.
We’re certainly not the first to examine and implement geothermal power. 19 out of every 20 buildings in Reykjavik, Iceland’s capital city, use geothermal fuel. It’s no coincidence that it’s one of the greenest cities on earth.
The benefits are green in multiple ways. According to research, a correctly-installed geothermal energy system reduces a building’s utility costs by up to 60%. That’s an eye-opening number.
Is geothermal power here to stay?
It sure looks like it. Geothermal energy doesn’t require much additional real estate, meaning its small footprint is well equipped to power crowded urban areas. It has exciting job creation potential for engineers, electricians, geologists, and more. It’s highly scalable, low on carbon, and getting easier to harness every day.
Perhaps most exciting of all, its constant core temperature allows for a more efficient heating and cooling system than conventional HVAC systems. Add that to the fact that the cleanliness of geothermal power makes the system easy to maintain, and it’s easy to see that switching to renewable is more cost-effective over the long term than traditional energy methods.
A better future is being built, and it’s truly exciting.