Geothermal power can replace fossil fuel power plants - for ever
Geothermal power projects
- Geothermal is Eternal -
"Accessible geothermal energy from the Earth’s interior supplies heat for direct use and to generate electric energy. The widespread deployment of geothermal energy could play a meaningful role in mitigating climate change." (IPCC)
"Overall, geothermal technologies are environmentally advantageous because there is no combustion process emitting carbon dioxide (CO2), with the only direct emissions coming from the underground fluids in the reservoir." (IPCC)
DISCOVER GEOTHERMAL
IPCC, World Bank and IRENA documents
Geothermal energy could also help curb harmful emissions. The International Energy Agency (IEA) projects that by 2050 geothermal power could amount to 200 GW of installed capacity, avoiding 760 million tons of CO2 emissions annually.
More countries have been opening doors to private developers and are following a model where the public and private sectors share cost and risks. For example, one of the key-components to Turkey’s unparalleled growth in geothermal development has been the de-risking of geothermal fields using public funds.
David Tallboys
David worked on iron ore, uranium, and gold mineral exploration projects with a drilling rig in Australia for Noranda but then chose a more tranquil career in finance. He is a director of Equity Ventures Limited, a venture capital and private equity firm. He also worked at Kleinwort Benson merchant bank, Schroder Ventures and Price Waterhouse Coopers.
He is a member of the Association of Lighthouse Keepers and The Travellers Club.
Why you should Go Geothermal - "Geothermal is Eternal"
Geothermal energy provides long term consistent cheap low carbon power, for ever.
The existing geothermal technology is already providing power that is as cheap and clean as wind and solar - with the benefit of being available 24/7 365 days a year, unlike wind and solar which are both intermittent and require unproven battery storage technology to overcome the unreliable intermittence issue.
The IPCC, World Bank and IRENA (International Renewable Energy Agency) each have background papers on geothermal power.
These papers are free to download from the organizations themselves (below) and I urge you take this opportunity to learn about this environmentally friendly way to power the world - for ever, well, a billion years or so.
Click on the buttons below to go to the relevant organization's website from where you can download the information.
Projects
How to invest in Geothermal Projects
Institutions, family offices, philanthropists and financiers interested in the sector should get in touch whether it be for a specific project or the sector in general.
Our team of engineers has installed geothermal projects in Iceland, Kenya, Philippines and Turkey.
Email: info@equityventures.co.uk
Email: info@equityventures.co.uk
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