The Commercialization of Enhanced Geothermal Systems

The objective in developing The Commercialization of Enhanced Geothermal Systems is to provide industry participants with the knowledge they need to begin considering the development of or purchase of power from Enhanced Geothermal Systems (EGS). Growing concerns about climate change, skyrocketing fossil fuel prices, and a desire for energy independence have pushed the search for renewable energy sources into high gear. While significant effort has been put into harnessing conventional geothermal resources, commercial development of EGS is just beginning. Conventional geothermal power plants are limited to the few areas where suitable hydrothermal resources exist; however, EGS can be implemented over vast areas of the globe where hot dry rocks are found. In addition, EGS is the lone source of renewable energy which can provide long-term, baseload power and has proven to be technologically feasible. A major objective of the report is to identify the current status and future potential of EGS and discuss the factors which are encouraging or hindering its commercialization. The report aims to provide the reader with a thorough understanding of EGS and the reasons why it is likely to become a realistic source of renewable energy in the near future. It also aims to provide an understanding of the technology behind EGS, as well as the issues that need to be resolved for EGS to enter the mainstream. Finally, the report aims to provide readers with insight into both the current status of EGS and the leading players in the market.