Geothermal energy emerging on the front of the stage
Geothermal energy investments are getting more familiar these days. Geothermal energy is the energy derived from the heat contained in soil, and as a form of energy production is economical and eco-friendly. Obtained through a heating system, using principles of thermodynamics, this form of energy is made possible with the use of buried sensors that capture energy from the earth. This geothermal energy system is in the form of a heat pump. More than 100,000 homes in France, for example, are currently equipped with these panels. Huge energy investment is required to commence a geothermal energy project, since the cost involved is very high, but a geothermal energy system is environmentally friendly as it uses clean, renewable energy, which does not pollute or emit greenhouse gases. Tax credits are paid by the state to develop and encourage the installation of renewable energy systems for reducing the cost of geothermal energy. Despite this required high initial energy investment, the payback is fast enough. When compared with other renewable energies, and as an alternative to conventional energy sources derived from fossil fuels, geothermal energy is found on the front of the stage.
Finding renewable energy seems in fact quite simple, the more we dig, the hotter it gets. Significant energy investments are being made in Rwanda to produce 300 megawatts of electricity from geothermal energy that should be online in 2017. The production cost of these 300 megawatts is $9 million USD, but the entire project will span a period of 10 years, until 2020, and will ultimately produce 1000 megawatts. In several parts of the country, studies on exploration have already been made, and potential deposits were discovered in the South and Northwest of the country. According to studies made available by Coletha U. Ruhamya, Minister of State in charge of energy, environmental impact and risks remain calm in the minds of the people. In a conference, Coletha U. Ruhamya chose 11 African countries because they are potentially rich in geothermal energy.
Aboubacar Baba Moussa, Director of the Department of Infrastructure and Energy in the African Union Commission, asserted that geothermal energy has no negative impact on the environment. Also revealed was the fact that the Rift Valley region in East Africa is filled with an abundant source of geothermal energy, capable of producing over 15,000 megawatts. Geothermal energy investments would be rendered by the Germany Development Bank for geothermal energy projects in Kenya.
Geothermal energy continues to evolve over the years in developed countries, and this should continue at a fast rate. Geothermal energy will be promoted worldwide to produce eco-friendly electricity.