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21st Century Geothermal Money Book: Financing Sources, Criteria, Incentives, Help in Locating and Obtaining Financing, Geopowering the West
U.S. Government
Ring-bound. Progressive Management 2006-04-14.
ISBN 9781422006368
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Buy from Amazon.co.uk
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Publisher description
The Geothermal Money Book, by the U.S. Department of Energy, was written to complement the Geothermal Small Business Workbook. Once a business and financing plan and financial proposal are written, the Geothermal Money Book takes the next step, helping small geothermal businesses locate and obtain financing. The Geothermal Money Book explains the specific criteria potential financing sources use to evaluate a proposal for debt financing; describes the Small Business Administration's (SBA) programs to promote lending to small businesses; lists specific small-business friendly lenders for small geothermal businesses, including those which participate in SBA programs; identifies federal and state incentives which are relevant to direct use and small-scale (less than one megawatt) power generation geothermal projects; and provide an extensive state directory of financing sources and state financial incentives for the 19 states involved in the GeoPowering the West (GPW). GPW is a U.S. Department of Energy-sponsored activity to dramatically increase the use of geothermal energy in the western United States by promoting environmentally compatible heat and power, along with industrial growth and economic development.
Contents of this workbook include: Sources of Financing: Small Business-Friendly Commercial Banks; SBA Small Business Financing; Financing Criteria; Federal And State Financial Incentives; Federal Financial Incentives; Tracking Federal Solicitations; State Financial Incentives; Conclusion; Appendix; Glossary.
Geothermal energy technologies use the heat of the earth for direct-use applications, geothermal heat pumps, and electrical power production. Research in all areas of geothermal development is helping to lower costs and expand its use. In the United States, most geothermal resources are concentrated in the West, but geothermal heat pumps can be used nearly anywhere.
Direct use projects have temperatures between those of heat pumps and electric power generation. They use heat in the water directly for a variety of purposes including to grow flowers, raise fish, heat buildings, or dry vegetables. The current U.S. installed capacity of direct use systems totals 600 MWt, enough to heat 115, 000 average-sized houses. Geothermal projects can be "cascaded, " e.g., use the same geothermal resource for multiple purposes, thereby increasing the operation's economics. Empire Foods in Nevada uses geothermal resources to generate electricity and dehydrate 26 million pounds of dried onion and garlic annually. Many spas and resorts use geothermal resources for heat, hot water, and pools, not necessarily in that order. And Liskey Farms in Oregon has used its geothermal resource to grow bedding plants and perennials, heat buildings and greenhouses, wash equipment, mix with chopped hay to feed calves, raise tropical fish, and water cattle. There are five basic types of direct use geothermal projects:1.Aquaculture, 2.Greenhouses, 3.Industrial and agricultural processes, 4.Resorts and spas, and 5.Space and district heating. Geothermal heat pumps, or ground-source heat pumps, use the relatively constant temperature of soil or surface water as a heat source and sink for a heat pump, which provides heating and cooling for buildings. Electricity Production - Underground reservoirs of hot water or steam, heated by an upwelling of magma, can be tapped for electrical power production. Advanced technologies will help manage geothermal resources for maximum power production, improve plant operating efficiencies, and develop new resources such as hot dry rock, geopressured brines, and magma. Geothermal technologies release little or no air emissions. Geothermal power production produces much lower air emissions than conventional energy technologies. Resources In the United States, geothermal resources are concentrated in the West, although low-temperature resources can also be found in the rest of the country. Geothermal heat pumps c
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21st Century Geothermal Money Book: Financing Sources, Criteria, Incentives, Help in Locating and Obtaining Financing, Geopowering the West
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