Geothermal System News Today

Hungary is harnessing the power of geothermal energy - it offers numerous advantages as a sustainable energy source and reduces the demand for fossil fuels.

Organizers for the Paris Olympics are working to keep athletes cool at the 2024 Olympic Games, but it doesn’t involve air conditioning. Instead, an underground cooling system will be installed.

As people around the world prepare to celebrate Earth Day, it’s a good time to incorporate renewable energy solutions, like Thermal Energy Networks (TENs), into the ongoing conversation.

MENASHA (WLUK) --

As Rochester city leaders set the ambitious goal of reducing greenhouse gas emissions by 50% by 2030 and 100% by 2050, the challenge is now how to follow through.

WaterFurnace CEO John Thomas joined his vice presidents of sales and marketing to discuss the direction of the business.

Geothermal energy will heat and cool this Cudahy home currently under construction. The 1,600-square-foot home will also have 21 solar panels.

The move is a reaction to rising refrigerant and overall logistical costs, and the increases will take effect Jan. 1, 2024, a press release from WaterFurnace said.

In Beaver County, Utah, a 38-megawatt power plant surrounded by bubbling mud pools and hissing steam vents has generated electricity for nearly 40 years using underground hot-water reservoirs. Most of America’s existing geothermal plants operate in similar ways: by tapping into heat sources that lie relatively close to the surface.

The Inflation Reduction Act’s major incentive for the installation of a qualified geothermal system is a 30% federal clean energy credit, which can be used at filing time to offset taxes owed or add to any refund.