Geothermal energyprojects are thriving in the US because of government support. Thisaugmentation will further assist the country in satisfying the increasingenergy requirements.

The Geothermal Energy Association (GEA) revealed theincreased number of geothermal power projects in various states of the US, asreflected by survey conducted in January 2008, as reported by Interest Alerts  .

Almost 86 new geothermal power plants are coming up in 12 USstates, including Alaska, Wyoming, Arizona, Washington, California, Utah,Hawaii, Texas, Idaho, Oregon, New Mexico, and Nevada.

As per the GEA, from November 2006, there has been a rise of35 projects in three new states. Once completed, these projects have capacityto supply about 3368MW of electrical power, doubling the US geothermal energyto 6304 MW from 2936 MW, which can meet the electricity requirement of sixmillion houses overall.

The US is giving utmost significance to these geothermalenergy projects as it wants to encourage renewable sources of clean,sustainable and domestic energy. The rapid development of geothermal energy asa sustainable and renewable energy source ensures its evolvement as a crucialsource of energy in coming years.

Moreover, as the source of heat is the earth core, theproduction is expected to grow increasingly and utilize the benefits offered bythe source. Earth core is anticipated to retain its heat for coming billions ofyears, leading to a boundless source of energy, thereby ensuring andencouraging the existence and continuity of geothermal energy projects.

Various federal and states of the US have also realized theimportance of geothermal energy and hence they are also encouraging theseprojects by means of giving tax benefits, formulating favorable standards onproduction of geothermal energy, and eliminating trade barriers. Thisinitiative by the government is revitalizing the geothermal energy projects andpushing them to grow further.

According to a Research Analyst at RNCOS, “the US government support is enablingits geothermal energy industry to grow and develop at moderate pace. Geothermalenergy growth will benefit the country in multiple ways, like it will pave theway for production and consumption of clean and renewable energy which willalso assist in fighting against global warming and will aid in fulfilling thegrowing power demands of the US.”

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