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Cooling—Spring/Summer Heating—Fall/Winter Supply Air Heat Pump heat dispersion Return Air Supply Return Air Air Heat Pump heat absorption Water Heater Water Heater Figure 2-12. Schematic of a geothermal heat pump showing the simplified ground heat-exchanger loop, heat pump, and indoor delivery system Source: Modified from Water Furnace International, Inc. 2017 geothermal power production in the Salton Sea (California) has been estimated to be as high as about 170,000 metric tons annually (Neupane and Wendt 2017). At a 2017 annual average lithium carbonate price of $13,900 per metric ton, this has the potential to supply the battery market with as much as $2.3 billion annually in valuable materials (Neupane and Wendt 2017, Wendt et al. 2018, USGS 2018). In addition, geothermal resources can present value opportunities through integration with other energy-generation sources. Hybridizing and linking geothermal energy with other generation technologies can drive operational synergies and optimize the combined beneficial attributes of multiple technologies. In some cases, hybridization in the form of cascaded energy uses and materials recovery from the geothermal resource can result in a whole that is greater than the sum of the individual parts. The GeoVision analysis included evaluation of additional value streams as well as case studies to assess geothermal hybrid technologies likely to play a role in the future of geothermal energy. This analysis included an evaluation of geothermal resources hybridized with water desalination, solar energy, thermoelectric power generation (natural gas and coal), algal hydrothermal liquefaction, and compressed-air energy storage. These added-value assessments are detailed in Wendt et al. 2018. 28 Chapter 2 | What is Geothermal Energy? Chapter 2PDF Image | What is Geothermal Energy
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