aims and objectives of geothermal energy plant
Answers
Answer:
Explanation:
The objective of the Facility (GDF) is to encourage public and/or private investment in geothermal power development in Latin America.
Geothermal energy is currently believed to be one of the most advantageous sources of energy. Not only is it a renewable type of energy but is also present in most areas, outperforming even some conventional sources in many aspects.
The UK is even considering a construction of the world’s longest power connector between UK and Iceland, which would deliver more renewable energy to 1.6 million British homes that do not have geothermal heat pumps. Moreover, the first commercial geothermal power plant is planned to be built in Cornwall, UK if all the necessary funds are obtained.
That should come as no surprise since some countries profit from the presence of geothermal energy on a large scale. The most known case is Iceland whose electricity is 100% sustainable, making use of wind, hydro- and mostly geothermal energy.
Nevertheless, you don’t need a backyard the size of a football field in order to reduce your energy bills. In fact, more and more households all around the globe are investing in geothermal energy and heating systems to cut their costs.