70. Could Geothermal Energy Become the ‘Sexy’ Renewable?
Could Geothermal Energy Become the ‘Sexy’ Renewable? Geothermal is an often-overlooked and even disregarded renewable energy resource. While new wind and solar energy projects garner headlines nearly every day, geothermal is rarely sighted in news feeds. However, that could change in the future. One company that has made progress on new geothermal technology is GreenFire Energy. In June, the company completed the world’s first field-scale demonstration of closed-loop geothermal energy production. The demonstration was performed using an inactive well at the Coso geothermal field in Coso, California. The project was funded by a $1.48 million grant from the California Energy Commission, with additional support from Shell Oil, the Electric Power Research Institute (EPRI), and J-POWER—a large Japanese utility and EPRI member. Scherer explained what was done: “At our Coso demo, we were able to insert a tube-in-tube heat exchanger 1,000 feet long into an existing geothermal well that couldn't be used due to the high concentration of non-condensable gases, and we made over 1 MW of power, even though the project wasn’t really at full commercial scale. And with these results, we were able to validate the modeling we use to predict the performance of our various closed-loop solutions and a variety of geothermal resources.” Scherer said another application that shows promise for GreenFire Energy’s technology is in hydrogen production. The company was asked by an oil and gas super major to investigate whether using geothermal heat down bore in its GreenLoop system could make “green” hydrogen more efficiently. “And happily, the answer is yes,” said Scherer. He explained: “Since green hydrogen production is more efficient at high temperatures—and often benefits from high pressure—and since high temperatures and high pressures are free deep down in a geothermal resource, we can indeed substantially improve the efficiency of hydrogen production.” Furthermore, in order to be transported, hydrogen typically requires compression, which is expensive. However, when hydrogen is produced down bore at high pressure, it doesn’t require as much compression, which is an additional money-saving advantage. The hydrogen production technology hasn’t been commercialized yet, but GreenFire Energy has the support to do so and expects that to be accomplished in the next two years. “Geothermal isn’t traditionally regarded as sexy, but hydrogen is. So, our plans to make hydrogen with geothermal energy makes GreenFire and geothermal sexy, right?” Scherer joked.