Demand side solutions that can significantly reduce your overall power consumption, and your energy bill.
Throughout the United States, geothermal power is being put to use every day, both as a source of power for power plants and as a source of heat and cooling for indoor air and water temperature. Ground source heating and cooling is the most widespread usage of geothermal energy in America, but in 2010, the United States led the world in geothermal electricity production with 3,086 megawatts (MW) of installed capacity from 77 power plants.
MLC can help you secure lease financing for geothermal heat or power that can be implemented in your new or existing facilities. Contact MLC today to learn more.
- Geothermal Systems
- APPLICATIONS
- Benefits & Advantages
Ground source heating and cooling can be done almost anywhere in the United States. It is used for heating and air conditioning a building using a geothermal heat pump, a highly efficient renewable energy technology that takes advantage of the constant temperature of the earth beneath the surface.
Geothermal power is electricity generated from heat and steam stored underground. Although currently available only in the Western United States and Hawaii, it is considered one of the most environmentally-friendly and cost-effective energy solutions over the long run. Research, however, is rapidly extending the reach of the technology - Enhanced Geothermal Systems include a variety of techniques designed to work around current limitations and make geothermal power production available to every state in the nation.
There
are two different types of geothermal power in use in
America today: Ground Source Heating/Cooling and
Geothermal Power.
Ground
Source Heating and Cooling
Geothermal pumps,
also called ground source heat pumps, extract heat from
the ground and transfer it to your facility in the
winter, while extracting heat from your facility in the
summer and transferring it to the ground. In
other words, the ground acts as a heat source in winter
and a heat sink in summer.
Geothermal
facts & benefits:
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Available products and features:
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Ground
source heat is available throughout the United States,
including your municipality. Call MLC today and let's
put geothermal energy to work for you.
A ground source well can
provide geothermal heating and cooling to more than one
building. In Cambridge, a
ground source heat pump system in three 1200-foot deep
wells provides all heating and cooling for a large
municipal annex. There is no boiler or furnace
in the building. Imagine that in your
administration building!
Nutmeg Mechanical Services Inc. has been serving and installing heating and air condition in Connecticut since 1982.
Green
Mountain Geothermal is a geothermal consulting
and contracting firm established to provide
information and assistance to homeowners,
architects, and businesses about the benefits and
cost savings of utilizing geothermal heating and
cooling systems in Vermont. The International Ground
Source Heat Pump Association has certified Green
Mountain Geothermal personnel as geothermal
installers.
Geothermal
Power Plants
At a geothermal plant,
steam produced in naturally occurring underground
reservoirs is brought to the surface where it drives
turbines to produce electricity. Available 24 hours a
day, this important renewable resource poses none of the
grid integration challenges of other renewables.
Until
now, geothermal energy has been limited by having to
find three essentials ingredients in one place
naturally: hot rock relatively close to the surface,
water, and cracks in the rock that serve as a reservoir.
Those limitations go away if engineers can tame a
technology known as EGS, for Enhanced Geothermal
Systems. One form of EGS involves drilling
thousands of feet down to reach hot rock, pumping water
down to fracture the rock to create reservoirs, then
sending down water that will come back up another well as
hot water or steam that can spin a turbine to generate
electricity.
Calpine is the largest
producer of geothermal energy in North America.
Calpine's renewable energy products can help your
organization provide environmentally friendly,
renewable energy to your customers, meet a
regulatory mandate, or simply add environmental
value to your operations.
Power
Purchase Agreements
Power Purchase Agreements are contracts between two
parties, one who generates electricity for the purpose of
sale (the seller) and one who is looking to purchase
electricity (the buyer). More commonly they are used for
solar projects, but they are growing in popularity for
wind and geothermal power. Customers pay at long term
rates only for the power generated by the facility - not
the equipment or installation - greatly reducing the risk
and complications of implementing the technology on their
own.
With the passage of the American Recovery and Reinvestment Act of 2009 the renewable energy investment tax credit can be combined with tax exempt financing, significantly reducing the capital required to develop a renewable energy project.
The term of a PPA generally lasts between 5 and 25 years. In some renewable energy contracts, the host has the option to purchase the generating equipment from the PPA provider at the end of the term, may renew the contract with different terms, or can request that the equipment be removed. One of the key benefits of the PPA is that the electricity (i.e. money) the system produces can be used for raising the money required to install it.
Tioga Energy is a renewable energy company that offers solar PPAs. "A Tioga SurePath™ Solar PPA comprises all elements of a solar energy solution: we design the system, buy and pay for the equipment, install it, connect it to the electrical grid and provide on-going maintenance. Just give us your roof, parking lot, gently sloped hill or other property, and we do the rest. In exchange, you pay us monthly for the solar energy the system generates at long-term guaranteed rates."
The stable, even heat of the earth is a reliable source of power that can provide heat, air-conditioning, hot water, and even electricity to your municipal building or complex.
Putting in a
ground source heat system will save you money and make
your municipality less reliant on fossil fuels.
If you have access to the right geologic formation in your municipality, you can also create a geothermal power plant today. The latest research shows that the ability to make electricity from geothermic power will reach all states in the near future.
Install
a Geothermal Ground Source System for Heating and Air
Conditioning
Geothermal power can run or supplement the heat and air-conditioning systems in the smallest of municipal building to the largest:
- Small, remote fire houses
- Libraries
- Police stations
- Courthouses
- Schools
- Colleges and universities
- Maintenance buildings
- Administration buildings
The
system includes an outdoor condenser unit, an indoor
heat pump, and an external buried closed loop full of refrigerant or anti-freeze
fluid. The system
draws heat from the ground during the winter and from
the indoor air during the summer.
Call MLC and we will help you arrange financing for geothermal power products in your area. They will offer services similar to the following links:
With over 20 years of experience in the heating and cooling industry and more than 500 geothermal installations, Ultra Geothermal, Barrington, NH, is the company people rely on for results. Whether retrofitting an existing house or building a new one, they can design and install the most efficient and cost-effective system.
With a wealth of building and financial experience to build on, Oil Free Energy Solutions LLC supplies green solutions to remove oil and fossil fuels from your municipality. Oil Free Energy Solutions, LaGrange, NY, is strategically located to design, supply and install green energy alternatives throughout the Hudson Valley.
Excel Energy Solutions, Somerville, MA, provides renewable, sustainable, green, alternative thermal energy systems and solutions for residential and commercial applications. They provide geothermal heating and cooling, solar heating and solar energy and biomass heating. Serving communities throughout Massachusetts, Connecticut, Rhode Island, New Hampshire, Vermont and Maine.
With over 800 systems installed, Hudson Valley Clean Energy is a leading renewable energy company serving the Hudson Valley. HVCE designs and installs systems for residential and commercial properties, as well as federal and local government and non-profit organizations. Their headquarters, located in Rhinebeck, was the first zero-net energy, carbon-free commercial building in the Northeast. Our building consumes less energy than it generates, using a solar electric system to generate power from the sun, geothermal heating and cooling, and solar thermal collectors to heat all its hot water.
Ground
Source Hot Water System
For water heating,
you can add a desuperheater to a geothermal heat pump
system. A desuperheater is an auxiliary heat exchanger
that uses superheated gases from the heat pump's
compressor to heat water. This hot water then circulates
into the buildings hot water system.
All geothermal product manufacturers who install geothermal systems for heat and air-conditioning should have the capabilities for adding hot water features to the system we can build.
GeoSystems, of Maple Grove, MN, through its ECONAR and HydroHeat brands, has been a recognized leader in the geothermal heating and cooling industry for more than 25 years. GeoSystems manufactures some of the most efficient, comfortable, quiet, safe and reliable geothermal systems available today.
Use
Geothermal Electricity
You can make
geothermal sourced electricity: If you meet
the location restrictions that currently exist, you can
build a geothermal plant. Keep up to date with changes
in the research, however, as EGS is rapidly removing
that geographic restriction. A geothermal plant might be
in your future soon.
You can
buy geothermal electricity:
The electricity industry is changing. At least 50% of
customers have the option to purchase renewable
electricity directly from their power supplier through a
Power Purchase Agreement, and all
customers have the option of purchasing renewable energy
certificates. Such power is sometimes referred to as
"green power" or "clean power."
TransPacific Energy (TPE) is a high‐tech corporation that designs, builds, owns, operates, sells and installs proprietary, modular Organic Rankine Cycle ("ORC") utilizing multiple refrigerant mixtures to maximize heat recovery and convert waste heat directly (75F to 900F) from industrial processes, solar and geothermal converting it into electrical energy. TPE technology can also be utilized as alternative to cooling towers, steam condensers and use heat released to generate electricity.
TransPacific Energy delivers complete turn-key installations from initial surveys to full design build projects. They mitigate risk through such vehicles as outsourcing projects through Power Purchase Agreements, Build Own Operate and Maintain (BOOM) and ongoing 24/7 service and support. Acting as the customer's representative we advise and oversee projects from concept through commissioning to assure full compliance with project design, scope and performance.
AltaRock Energy of Seattle, WA and Sausalito, CA, recently received a $25 million grant, the centerpiece of the Department of Energy's 138 demonstration projects, to demonstrate that EGS can produce electricity economically just outside the Newberry Craters National Monument in central Oregon.
Nevada Geothermal Power Inc. is an experienced renewable energy producer focusing on the development of CLEAN electrical power from high temperature geothermal resources in the United States. NGP holds leasehold interests in eight geothermal projects located in Western United States: Blue Mountain, Pumpernickel, North Valley , and Edna Mountain - in Nevada, New Truckhaven, East Brawley, and South Brawley - in California and Crump Geyser- in Oregon.
Geothermal and gasification energy installations offers a number of benefits:
- Geothermal heat is highly efficient.
The geothermal system is highly efficient because for every unit of electrical energy used to run the compressor and pumps, the geothermal system can extract and upgrade 2 to 3 units of heat energy from the ground. Therefore the homeowner receives 3 to 4 units of heat for each energy unit put in, which makes the geothermal system 300 to 400 percent more efficient than baseboard electric heating - Tax incentives and Rebates may be available. Many states, including New York State, offer tax incentives as well. And because these systems decrease the burden on the grid in times of peak demand, many utility companies offer rebates.
- Positive impact on your balance sheet. With MLC lease financing for your energy project, you have no capital investment and you can get your project started now and reap all of the cost-savings benefits. This makes sense because you can make better use of your capital for other important needs.
- Reduce our dependence on foreign oil. The United States generates an average of 15 billion kilowatt hours of geothermal power per year, comparable to burning some 25 million barrels (4,000,000 m3) of oil or 6 million short tons of coal per year.
- Low maintenance. Geothermal systems have fewer mechanical components, making to failure. The ground loop has an expected life of over 50 years and requires little to no maintenance.
- Proven, reliable technology. Ground source heat pumps last longer than conventional systems because they are protected from the harsh outdoor weather. The heat pump unit is housed indoors and the loop is underground.
- Excellent incentives are still available! Refer to the Database of State Incentives for Renewables & Efficiency (DSIRE) for the latest complete information on local, state, regional, and federal incentives. $61.9 million of Recovery Act money has been directed to cost-sharing geothermal projects in schools, hospitals, government and commercial buildings in an effort "to show the economic feasibility of ground-source heat pumps
- Cleaner, fuel efficient technology. Geothermal and gasification energy installations offer wonderful benefits — primarily offsetting your energy cost needs. You will save money while helping to conserve energy and improve the environment. Your site consumes less carbon and your building may earn LEED credits.
- MLC will fastrack your equipment lease to get
your project up and running in no time.
Our energy performance audit and contract partners can perform an assessment of your current systems against your usage needs. Then MLC secures the lease financing to fund your project quickly. The MLC team also provides the professional assistance you need to navigate regulations or restrictions, and help you make the most of local, state and federal incentives. Which means you get all of the benefits, and none of the hassles!
