|Indonesia Puts Volcanoes on Electric Grid|
|by Tom McGregor||Wed, Aug 27, 2014, 12:04 AM|
Indonesia plans to transform volcano power into electricity.
Channel NewsAsia reports that, "The Indonesian parliament on Tuesday (Aug 26) passed a long-awaited law to bolster the geothermal energy industry and tap the power of the vast archipelago's scores of volcanoes."
Volcanoes hold vast reserves of geothermal energy resources.
According to Channel NewsAsia"Made up of thousands of islands stretching from the Indian to the Pacific Oceans, Indonesia is home to about 130 volcanoes and is estimated to hold around 40 percent of the world's geothermal potential. However it produces only a tiny fraction of its energy by converting underground heat into electricity, and lags far behind others such as the United States and the neighbouring Philippines."
Nevertheless, volcano power plants are twice as expensive to build and generate energy than coal power plants.
To read the entire article from Channel NewsAsia, link here:
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