Tuesday, August 19, 2008

Google to Invest in Geothermal

The company is investing a little over $10 million in the development of Enhanced Geothermal Systems
by By Tom Zeller Jr.
New York Times Science

Google.org, the public-spirited division of Google.com, charged with addressing “climate change, poverty and emerging disease,” is using the backdrop of the National Clean Energy Summit here in Las Vegas to announce a new round of clean energy financing.

In a nutshell, the company is investing an arguably modest sum — a little over $10 million — in the development of Enhanced Geothermal Systems, or EGS. The technology differs from “traditional” geothermal in that rather than exploiting existing wells of earthbound steam and hot water, EGS drills deep — miles down — to access layers of heated granite that exist underfoot everywhere on the planet. Water can be circulated downward for heating, and then upward to drive turbines and generate electricity.

See complete article along with video- Click here: Google to Invest in Geothermal

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