2 years, 4 months ago
Will India geothermal energy production exceed nuclear power energy by 2030?
West Coast province has a thin lithosphere of 18 km thickness and one of the most promising site for geothermal development
(http://www.geos.iitb.ac.in/geothermalindia/pubs/IBC/IBCTALKweb.htm)
Will India continue to develop Geothermal energy?
(http://www.geos.iitb.ac.in/geothermalindia/pubs/IBC/IBCTALKweb.htm)
Will India continue to develop Geothermal energy?
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M$1 Answer
The estimated maximum potential for geothermal energy in India is 10,000 MW.
The current nuclear power generation in India is 3779 MW.
However there are another 2976 MW of reactors under construction, another 21500 MW planned, and then another 20000 MW proposed.
So it looks like nuclear power growth will greatly outpace geothermal growth in India, especially since I couldn't find any immediate plans to greatly increase geothermal production in India.
The current nuclear power generation in India is 3779 MW.
However there are another 2976 MW of reactors under construction, another 21500 MW planned, and then another 20000 MW proposed.
So it looks like nuclear power growth will greatly outpace geothermal growth in India, especially since I couldn't find any immediate plans to greatly increase geothermal production in India.
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M$
Nuclear: 11.1 - 14.5 Cents/kW-h
Geothermal: 4.5 - 30 Cents/kW-h
http://peswiki.com/energy/Directory:Cents_Per_Kilowatt-Hour
The main limitation for these two types of power is the huge capitol cost investment. You can make money on them once the energy production plants are built, but the production facilities are extremely expensive, so there is a lot of risk for investors.
This is the reason why these two forms of energy are not used more. Also it is the main reason why geothermal accounts for a tiny percentage of the worlds energy production.
(Nitpicking here, but MegaWatt is a measure of power, not energy. Perhaps you meant MegaWatt hour.)
What is the cost to produce a MegaWatt of energy using Geothermal energy verses a MegaWatt of Energy of Nuclear power?