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Global geothermal industry passes 12,000 MW operational

Green Car Congress

The international geothermal power industry is poised to place between 500 and 1,000 MW on line per year for the rest of the decade, said GEA. New project announcements have increased the resource under development to about 30,000 MW. Successful Enhanced Geothermal Systems (EGS) projects in the US were led by Calpine Corp.,

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Azerbaijan Plans Caspian-Black Sea Energy Corridor

Cars That Think

The scheme ’s proponents say this Caspian-Black Sea energy corridor will help decrease global carbon emissions, provide dependable power to Europe, modernize developing economies at Europe’s periphery, and stabilize a region shaken by war. To the south, tensions between Armenia and Azerbaijan remain after the recent war and ethnic violence.