Results for tag: "Enhanced Geothermal Systems"

Enhanced Geothermal Systems (EGS) is a form of geothermal energy that involves the stimulation of existing geothermal reservoirs to increase their energy production. This is done by creating new pathways for water to flow through the reservoir, allowing for more efficient heat extraction. EGS technology is used to create artificial geothermal reservoirs in areas where natural geothermal resources are not available. This technology has the potential to provide a reliable, renewable source of energy with minimal environmental impact. EGS technology is still in its early stages of development, but it has the potential to become a major player in the geothermal energy market. The technology is being developed by a number of companies, including AltaRock Energy, Calpine Corporation, and Ormat Technologies. These companies are working to develop and commercialize EGS technology, with the goal of making it a viable and cost-effective energy source. Show Less Read more