The Reykjanes Energy Station is a geothermal power plant situated in Reykjanes at the southwestern tip of Iceland. As of 2009, the plant produces 100MW of electrical energy, with an expansion program to raise by 50MW in 2010.
If you strategy to connect your generator directly to your household electrical circuits you will need to install a transfer switch. A transfer switch is a security device that prevents your generator from back feeding energy back into the power grid. You use it to isolate the certain circuits you want to supply power to, so you never overload your generator with too a lot of components.
How substantially of that enormous resource base could we usefully extract? Consider that only a fraction of a percent comes out. It really is still massive. A tenth of a percent is one hundred,000 quads. You have access to a tremendous amount of stored energy. And assessment research have shown that this is thousands of times in excess of the amount of power we consume per-year in the nation. The trick is to get it out of the ground economically and efficiently and to do it in an environmentally sustainable manner.
He discovered from his investigation that the typical cost for using geothermal heating for one particular year averaged under half of the value of oil heating. His case study suggests a payback period of just over 7.five years, although his questionnaire responses recommend an typical payback period of 10 years with some systems possessing a life span of almost 25 years the savings which can be produced are very reassuring.
Canada’s greatest geothermal plays, where you have to dig the least distance and the water is hottest, are in British Columbia and the Yukon. Each regions are also blessed with affordable and clean hydropower from long-operating creating stations. B.C.’s power rate has been traditionally so low, new entrants face as well steep a hurdle to compete with existing capacity.