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IEA Geothermal R & D Programme Chapter 3 Annex III- Enhanced Geothermal Systems (EGS) Fluid flow from Habanero 3 at Geodynamics‘ EGS project in the Cooper Basin, South Australia. (Photo courtesy of Geodynamics Limited) 3.0 Introduction International energy policy-makers are gradually recognising the potential and the importance of the development of Enhanced or Engineered Geothermal Systems (EGS). EGS are strategic resources with potential for supplying continuous base load power, and potentially could accommodate peaks in power demand as well. Recent economic evaluation indicates that the combination of heat and power is more attractive in an industrialised world due to the increasing cost of hydrocarbon energy sources for both applications. The relatively low visual and carbon dioxide impacts are also helping EGS to be recognised as one of the attractive energy resources of the future. This is reflected in the increasing membership of the IEA-GIA by countries who wish to cooperatively develop EGS technology. The IEA-GIA is the appropriate vehicle to promote international cooperation and share technological development. The importance of EGS technology is also gaining momentum internationally as the IEA begins development of a geothermal roadmap for the G8 which incorporates EGS; and additionally, has included EGS in its future Energy Technology Perspectives reports. The IEA has clearly recognized that one of the most important greenhouse gas mitigation opportunities lies in the 48PDF Image | Geothermal Research and Tech IEA
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