Sentences with phrase «geothermal drilling project»

Not exact matches

Such deep - drilling operations would not want a repeat of events in Basel, Switzerland, where a widely felt magnitude 3.4 quake in 2006 ultimately stopped a similar geothermal project.

Google.org, the Internet search engine's philanthropic arm, last year gave just under $ 11 million to universities and private drilling companies looking to develop the next generation of geothermal projects.

The only reason we didn't have 100 % Geothermal dependency YESTERDAY is that drilling rigs are hogg tied to oil projects worldwide.

While geothermal projects require significant up - front capital investments, especially for exploration, drilling, and power plant construction, the typically low operation cost — including zero expense for fuel — means that over their lifetimes geothermal power plants are often cost - competitive with fossil fuel or nuclear power plants.

By December, donors had come up with $ 115 million of the initial $ 500 million target to identify and fund test - drilling for promising geothermal projects in the developing world.

An exception is the phenomenon of «induced seismicity,» whereby human activity such as geothermal energy projects, mining, gas drilling or the filling of reservoirs apparently sets off swarms of very small earthquakes where there are susceptible geological faults and in certain kinds of underlying rock.

If so, a future Phase 2 project could drill deep exploration wells (> 1 km depth) to design a functional and economically beneficial geothermal system.

AltaRock Energy, a geothermal energy startup, was forced to abandon its first project in 2009 due to drilling problems... Fisker Automotive, an electric car maker, has been plagued by production delays and hasn't built a car in more than six months.