Enhanced Geothermal Systems Could Answer Energy Question

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Mon Apr 26, 2010 3:57pm EDT

  TORONTO, Apr 26 (MARKET WIRE) -- 
The discourse on green energy almost always includes the upside of how
great it is for the environment and the downside of how much it will cost.

    With a stalled Green energy movement that seems to have convinced few
people that it can actually replace our dependence on fossil fuels, Tom
Rand thinks it's time to move the goal posts. An engineer who is also a
venture capitalist who puts his money where his mouth is, his challenge
is simple: America can either pioneer green energy as an investment that
will pay off for centuries to come, or wind up paying someone else for
the same solutions down the road.

    That's why Rand, author of "KICK the Fossil Fuel Habit: 10 Clean
Technologies to Save Our World" (www.ecotenpublishing.com), thinks that
Enhanced Geothermal Systems (EGS) is one solution that we should not
overlook.

    "EGS is the game changer, and if pursued with vigor, could contribute in
a huge way to getting us off oil," Rand said. "I see the solution both as
an engineer and as a venture capital specialist, because it's not just
about going green -- it's about going green, replacing our dependency on
foreign oil and fossil fuels and becoming an energy solutions provider
for the rest of the world. Instead of the world's biggest consumer of
energy, we could also become the world's largest producer of energy
solutions for the world."

    Rand said EGS would not require a massive infrastructure overhaul, or the
need to develop vastly complicated new technologies.

    "The idea is simple," he said. "In most of the world, the ground 6 miles
underneath our feet is dry, but as hot as the hottest aquifer. That heat
can be mined, brought to the surface, and used to generate electricity.
If we are serious about wanting to replace coal, we simply drill EGS
holes beside every coal plant. Replace the boiler with a heat-exchanger.
Keep the rest of the infrastructure. Turn off the furnace. It could
easily provide all its energy needs for the foreseeable future."

    About Tom Rand

    Tom Rand is a Professional Engineer and has Doctorate from the University
of Toronto. He currently acts as Lead Cleantech Advisor at the
Toronto-based MaRS Institute, which supports the commercialization of
Canadian research and development. 

    

Contact: 
Rachel Friedman
Rachel@newsandexperts.com 

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