Where is geothermal energy found
The Earth's geothermal resources are theoretically more than adequate to supply humanity's energy needs, but only a very small fraction may be profitably exploited. Drilling and exploration for deep resources is very fast. Forecasts for the future of geothermal power depend on assumptions about technology, energy prices, subsidies, and interest rates. Polls show that customers would be willing to pay a little more for a renewable energy source like geothermal. But as a result of government assisted research and industry experience, the cost of generating geothermal power has decreased by 25% over the past two decades.In 2001, geothermal energy cost between two and ten cents per kwh.