As per your demand here I am providing you information about the Economic Impacts of Geothermal Energy, Geothermal Energy Association as well as Near-Term Geothermal Potential & Resulting Economic Contribution.


Geothermal Energy Association  
Geothermal power is a low cost energy source that diversifies the fuel supply and benefits the transitioning power grid.

Geothermal power does not require purchase of fuel, and because it is a baseload resource, geothermal power is reliable, helping to stabilize prices.

Geothermal power is also dispatchable, or able to be ramped up or down quickly to make up for intermittency caused by wind or solar power.

The average cost of geothermal plant over its lifetime is dramatically lower than that of traditional sources of power.

Geothermal energy is locally produced, reducing foreign oil imports and boosting rural economies through royalties and tax payments.

A geothermal power project development will involve hundreds of individuals, employing local people full time as well as stimulating induced jobs.


Near-Term Geothermal Potential & Resulting Economic Contribution
State New Power Capacity (MW) 30-Year Economic Output (nominal)
California 2,400 $36 billion

Nevada 1,500 $22.5 billion

Oregon 380 $5.7 billion

Washington 50 $749 million

Alaska 25 $375 million

Arizona 20 $300 million

Colorado 20 $300 million

Hawaii 70 $1 billion

Idaho 860 $12.9 billion

New Mexico 80 $1.2 billion

Utah 230 $3.4 billion

Total 5,635 MW $84,410,046,000.00


Address:
Geothermal Energy Association  
Association or Organization
209 Pennsylvania Ave SE,
Washington, DC 20003,
United States
Phone:+1 202-454-5261