US Geothermal, Inc. (AMEX:HTM): Geothermal is Another Viable Source of Renewable Energy
Geothermal energy is classified as a renewable source of electricity, and is considered to be a clean, environmentally friendly, sustainable method of power generation. As of August of this year, nearly 4,000 MW of new geothermal power plant capacity was under development in the United States. Geothermal energy offers several benefits. A geothermal power plant does not burn fuel, and energy production is clean and renewable. Because it is a base load source, geothermal plants are able to run 24 hours a day, every day with no emissions. With rising demand for energy and a need to develop domestic resources…