Geothermal Energy: Geothermal Power Plants: Introdcution, Example, investments, Risks

In continuation to our discussion on Alternative Energy Mutual Funds, in this article we will talk about the other commonly used medium for Alternative Energy, which is the Geothermal Energy or Geothermal Power. As for the name, the Geothermal word is a combination of Geo meaning earth & Thermal meaning heat, overall the word means energy or power sourced from the heat generated from earth.

Why is Geothermal Energy or Geothermal Power becoming so attractive?
It is said that Geothermal Power or Geothermal Energy is cost economical and pollution free for the environment. Given the recent awakening about the ill effects of environment pollution and global warming, the world is looking for Alternative Sources of Energy. Geothermal Power or Geothermal Energy is one fo the options available as an alternate source of energy.

Which countries are prominently using Geothermal Energy or Geothermal Power?
Countries like El Salvador, Philippines, Iceland, Kenya & Costa Rica are the prominent players in this field. They are reported to use Geothermal Energy or Geothermal Power for around 15 percent of their elecricity needs. Though the availability of Geothermal Energy or Geothermal Power is confined by the geographical locations called tectonic plates on the earth. As of 2005, around 25 countries were using Geothermal Energy or Geothermal Power for electricty generation.

Where is Geothermal Energy or Geothermal Power use? OR what are the uses of Geothermal Energy or Geothermal Power?
Mostly in heating and electricty generation.

Which locations in United States of America USA have Geothermal Power Plants?
The USA has maximum no. of Geothermal Power Plants in the world - 49 in total. They are spread across four different states:
- California - has 33 Geothermal Power Plants
- Nevada - has 14 Geothermal Power Plants
- Utah - has 1 Geothermal Power Plant
- Hawaii - has 1 Geothermal Power Plant