Geothermal Projects Less Vulnerable to Subsidy Cuts
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Geothermal energy projects are less vulnerable than wind farms to the pending loss of federal subsidies because they take longer to complete, according to the executive director of the Geothermal Energy Association.
About 100 megawatts of geothermal capacity will be added this year, and “steady growth” probably will continue because the industry is less volatile than wind, Karl Gawell, GEA executive director, said today in an interview.