A utility player Geothermal energy uses Earth's natural heat to generate electricity, and while geothermal plants have higher initial building costs than fossil fuel plants do, they have lower long-term costs. A bill recently introduced in Congress would give geothermal producers like U.S. Geothermal the ability to expand their operations on an adjacent property without competitive bidding if they've already successfully produced a project.
With solar energy and wind power dominating the headlines, CAPS member WallytheWalrus figures the geothermal industry has been pretty much left wide open for exploration.
Very long term play on what could be a lucrative and pretty much wide open industry. The margins on geothermally generated energy seems like they could be stunning. The US government appears serious on backing alternative energy sources and these guys seem well poised to take advantage of that.
Alternative energy isn't taken seriously by the ruling classes because it doesn't drive economies as oil does. I suspect that wind, solar and electric cars are just a smoke screen to make it look like the boys at the Fed are really trying hard to come up with something; Hahahahaha. Been playing HTM for 2 years and hasn't gone anywhere even though Geothermal sounds fantastic.