Geothermal energy experts are playing down worries about the threat of induced seismicity connected with enhanced or engineered geothermal systems (EGS) following news reports about an earthquake apparently caused by an EGS project in Germany. The project in the western German city of Landau in der Pfalz is continuing operation while a panel of experts evaluates data from the mid-August magnitude-2.7 temblor. Officials of Geox GmbH, the plant’s owner, deny the temblor was caused by their plant. +Image Photo: AltaRock Energy Inc. Enhanced Geothermal System Globally, about 9,000 MW of geothermal projects are operating today. Most of them tap water
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.