DOE Offers $15 Million Geothermal Heat Recovery Opportunity
DOE has announced a $15 million funding opportunity to
research and develop innovative methods of producing clean,
renewable heat energy from geothermal resources.
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
Appliances account for roughly 65% of electricity consumption in the average American household (2001), with refrigerators and lighting making up the largest categories. (Source: EIA)
Fossil fuels provide more than 85% of all the energy consumed in the US, nearly two-thirds of our electricity, and virtually all of our transportation fuels. (Source: DOE)
In 2007, the average monthly residential electricity consumption was 936 kWh. (Source: EIA)
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
