Crossing the Barriers: An Analysis of Market Barriers to Geothermal Development and Potential Improvement Scenarios

Conference · Wed Oct 04 00:00:00 EDT 2017

OSTI ID:1423751

Young, Katherine R ^[1]; Levine, Aaron L ^[1]; Cook, Jeffrey J ^[1]; Ho, Jonathan L ^[1]; Heimiller, Donna M ^[1]; Hernandez, Kevin ^[2]

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1. National Renewable Energy Laboratory (NREL), Golden, CO (United States)
2. University of Wisconsin

Developers have identified many non-technical barriers to geothermal power development, including market barriers. Understanding the challenges to market deployment of geothermal power is important since obtaining power purchase agreements is often cited as one of the largest barriers to geothermal development. This paper discusses the impacts to deployment caused by market challenges, including market demand, price of electricity, policies and incentives.

• Research Organization: National Renewable Energy Lab. (NREL), Golden, CO (United States)
• Sponsoring Organization: USDOE Office of Energy Efficiency and Renewable Energy (EERE), Renewable Power Office. Geothermal Technologies Office
• DOE Contract Number: AC36-08GO28308
• OSTI ID: 1423751
• Report Number(s): NREL/CP-6A20-68996
• Resource Relation: Conference: Presented at the Geothermal Resources Council 41st Annual Meeting - Geothermal Energy: Power To Do More (GRC 2017), 1-4 October 2017, Salt Lake City, Utah
• Country of Publication: United States
• Language: English

Related Subjects

15 GEOTHERMAL ENERGY
29 ENERGY PLANNING, POLICY, AND ECONOMY
market barriers
incentives
geothermal
GeoRePORT
geothermal resource potential