Categorie: IPO / Secondary Offering
Submitted about 1 month ago by
Lovephileo
, WEB CONSULTANT / PASTOR
at LIGHT OF THE WORLD CHRISTIAN CENTER
Growing concern about greenhouse gas emissions released by conventional power plants, high oil prices and growing power demand have fuelled the popularity of geothermal power. As the price of oil, coal and natural gas continues to rise, power sources without the need for commodity fuels look more and more attractive. Traditional geothermal energy requires traditional resources - underground reserves of water that is hotter than 300 degrees farenheight. And not every part of the planet has such reserves, they can be found in regions where there is volcanic activity or where two tectonic plates meet. This is why places like Philippines, Indonesia and California are such strong markets for geothermal technology.The Philippines, which is situated on the "Pacific Ring of Fire", is the world's second largest producer of geothermal energy after the United States, has 22 active volcanoes. The government is eyeing to further boost the country's geothermal energy production as a long-term measure to min...
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WEB CONSULTANT / PASTOR at LIGHT OF THE WORLD CHRISTIAN CENTER