The Future of Geothermal Development -- Ominous Trends

Abstract

The future of geothermal is clouded by several ominous trends. These trends include increased government regulation; the emerging toxics and hazardous materials issues; utilities questioning the "need" for additional power; and the price for the resource. No look into the future is complete without a historical perspective. The geothermal industry has gone from virtually no environmental regulations in 1957 to begin regulated today by numerous agencies representing three levels of government; local, state, and federal. One of the most important environmental concerns of the present as well as the future, is the subject of hazardous materials and wastes pertaining to geothermal operations. From naturally occurring elements in the soil, to the transportation an disposal of the wastes abatement system generate, hazardous substances are the major environment issue of the industry for the eighties. In addition, the future geothermal development depends on a variable and profit driven market for power. This paper provides a look at the current "need" issue, as well as the pricing structure, for California, Nevada, and Oregon.