The temperature level in the earth has critical role hence it cannot be produced in all the localities. Scientists have estimated that the amount of geothermal power present in the crust of earth is sufficient to fulfill the energy requirements of the world for upcoming many centuries. It is sustainable, cost effective, and reliable; and has the tendency to facilitate all mainstream energy units (Jorgensen 51). According to Ting (2011, p.230), the drilling interface for the production of this kind of energy is very expensive. The machinery and equipment required for the digging purpose cannot be afforded easily. The selection of appropriate place needs accuracy as drilling costs are too high. Governments’ intervention for this energy producing resource is essential as private bodies cannot solely bear its costs. Some countries like United States, Philippines, Ice land and Japan have taken serious measures to produce energy from this form. China is taking colossal steps in this regard too. The expense of machinery eventually effects on the consumers too thus people have to pay lot more than usual rates. Chevron Corporation has immensely invested in the geothermal production units. It is the largest private sector energy producing unit and has tremendously facilitated numerous consumers throughout the globe. The focus of the corporation remains to fulfill energy requirements of residents at all levels. Currently in United States more than 77 geothermal power electricity units are operational; producing approximately 3086 MW energy. The Geysers, California is the region where America’s largest geothermal production unit is installed. Philippines government and private sector has taken incredible...
This report stresses that geothermal power is one of the safest forms of energy production expeditions. The energy requirements of all the countries can be easily fulfilled if geothermal energy units are incorporated. World would eventually progress rapidly and swiftly when energy shortfalls are eradicated. The machinery, equipment and team required for the plantation purpose of geothermal powers requires accuracy and precision. The costs of geothermal energy production are relatively higher than other forms of the energy producing models but it ensures long lasting success. The major constituent making geothermal prominent is the deduction methodology of this energy source. Since earth’s crust is the resource and also stores energy too, therefore there is no element of reserving it somewhere else. The independence by federal government of U.S to its respective states has brought significant outcomes.
This essay makes a conclusion that moreover countries have to bear costs of this energy production unit once; it can fulfill energy requirements for upcoming numerous years. Researchers have elevated geothermal as the best method of energy production and have also discussed its economic factors too. In the inauguration of any energy producing reservoir costs have to be met. The amount is eventually spent annually or semiannually on the maintenance and up gradation of energy production models but geothermal guarantees long-lasting sustainability, reliability and cost effectiveness.