
The extraordinary potential value of enhanced geothermal power
Volts
00:00
The Value of Flexibility in Decarbonized Electricity Systems
Geothermal power generates less than 3% of maximum demand in the system. The technology costs $5,000 a kilowatt but can operate flexibly at 50 to 70 watts. "Flexibility raises the value by so much that it still becomes a good economic proposition," he says.
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