There are many Advantages of Geothermal Energy, but how we can apply these for our Homes and save money in the process (more about the disadvantages or problems about geothermal power)?
Earth's Power for Homes
Since the Geothermal Energy already contributes 0.3 % to the worldwide need for electricity today, I am sure with future lower-risk-technologies this percentage will rise dramatically.
Already more advanced, modern plant systems - avoiding the risks of older technologies - have been in use for more than 25 years on more than 450 bore-holes.
The most famous Geothermal Energy plant is located at "The Geysers" (CA, USA), which is the biggest worldwide - since 1960.
Earth's Power Potentials
I do believe in decentralization, so that every homeowner has his own small Geothermal Energy plant for his home use...then there is no need to drill that deeply, because a house has far less power demand than - say - the city you live in. It is better to drill many shallow and secure holes than one big and miles deep).
Also the risk - financially and geologically - with residential drilling would also be dramatically lower.
Since I do believe - as I said I am a contrarian - that we won’t see more of global warming but a global cooling (small ice age), concepts of clean and "free" energy production for everyone locally will be mandatory.
Yes, I know that the idea that we will get a global cooling will have many people laugh about me or even call me names...let’s speak again in 15-25 years.
For me personally residential Geothermal Energy is the energy of the future - for everyone.
Further Reading: How does Geothermal Energy work even better?
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