'Great to see growth ... It was dead for a long time," one scientist says
RENO, Nev. - An unusual combination of economic and environmental forces have created a "perfect storm" that could help geothermal shed its back-seat status to its renewable cousins wind and solar energy, experts said at an international conference.
One after another, state and federal regulators, oil company executives, investor-owned utility officials and private developers on Monday recited the conditions in play to an overflow crowd of more than 1,000.
The financial meltdown on Wall Street, soaring oil prices, the volatility of the natural gas market, concern about global warming and a new administration assuming the White House are driving increasing demand for the energy produced by harnessing heat from beneath the earth's surface, they said.
MSNBC