Does the power companies pay enough to make it worth bulding? This would be a private business on private land. Selling excess power created by turning a small turbine from rising steam from a hole in the earth.
(may be broke/outdated!)
Does the power companies pay enough to make it worth bulding? This would be a private business on private land. Selling excess power created by turning a small turbine from rising steam from a hole in the earth.
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5 Responses
I think this was one of Tesla’s ideas if I am not mistaken. If so I would consider this to be able to work, Tesla was perhaps the greatest genius we ever had.
This can be a complex question… Is this in the USA?! You need to own the patent/mineral/water rights to continue.
Some power companies will buy power back if you produce enough KW’s to make it worth their time.
if you had a good drilling team you could set it up by pouring water down it depending how far it is to the hot core surface below you will get steam and it should be easy to set up a turbine then.
Net Metering is the critical issue for your endeavor. You need to find the rules for your State to determine the rate and rules that apply to selling power to the grid. There are also incentives available in some states to help pay for the system. Each state is different and you will need to read up on your states polices to see how they will help your plans.
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Net Metering
At times, a net metered customer’s PV system may generate more electric energy than their consumption. When this occurs, the electric meter will spin in reverse. The excess electricity is returned to the LIPA system. At the end of each month, the net metered customer is billed only for the net consumption, that is, the amount of electricity consumed, less the amount of electricity produced. This is called “net metering.†Your meter is currently spinning in the “Consumption” mode. To spin your meter backwards due to PV, we need to reverse the dials direction to simulate a reversing meter.
http://www.lipower.org/cei/solar.metering.html#1
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Incentive Programs by State.
DSIRE is a comprehensive source of information on state, local, utility, and federal incentives that promote renewable energy and energy efficiency. Choose one or both databases to search
http://www.dsireusa.org/
It is just not cost effective yet, and it requires a tremendous up front investment. There are several plants in the US which have been testing for years. One of the major problems was maintenance cost was tremendous due to corrosion.