Firstly, one of the challenges is that since this energy source is extracted from deep within the earth; the sites to build geo thermal energy plants are limited.
Secondly, Geothermal systems tend to have a somewhat higher first cost than conventional systems. However due to the low maintenance cost in the long run geothermal energy will cover the initial costs and deliver a good ROI (Return of Investment).
In regards to the economy, many of the geothermal resources are located around the world and thus geothermal energy is helping with job creation and economic stimulation of each country that can tap into this resource. Instead of relying on emission producing fuels, we can rely on something that is renewable, reliable and, most importantly, risk free to our future generations.
Secondly, Geothermal systems tend to have a somewhat higher first cost than conventional systems. However due to the low maintenance cost in the long run geothermal energy will cover the initial costs and deliver a good ROI (Return of Investment).
In regards to the economy, many of the geothermal resources are located around the world and thus geothermal energy is helping with job creation and economic stimulation of each country that can tap into this resource. Instead of relying on emission producing fuels, we can rely on something that is renewable, reliable and, most importantly, risk free to our future generations.
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ReplyDeleteCommercial Solar Panels & Solar Energy