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Geothermal energy conference – sponsored by New York Smart Energy Program

October 12, 2006

Excerpts:
1. More than 400 geothermal experts and industry executives attended the International Ground Source Heat Pump Association’s annual conference in NY.

2. In addition to creating hot water, geothermal heat-pump systems heat buildings in the winter and cool them in the summer using heat-exchange systems placed underground.

3. New York Energy Smart Program is an energy-efficiency initiative of the state Public Service Commission and the New York State Energy Research and Development Authority (NYSERDA).

4. Four professors from Hudson Valley Community College plan to incorporate geothermal training into their heating & air conditioning courses.

5. The geothermal market is relatively small, measuring just 1 percent of the entire heating and air conditioning market in the United States.

6. It can cost between $10,000 and $20,000 to install the geothermal average system, which is a disadvantage.

7. However, this is changing, especially as prices for natural gas and petroleum become more volatile.

Personalities mentioned: Philip Schoen, chief executive of GEO-Enterprises Inc., a geothermal company in Catoosa, Okla., Patricia Acampora, a PSC commissioner, John-David Thulin, president of Scandia Contractors Inc., a geothermal systems company based on Long Island

see here for full report

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