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Greg Reid: Geothermal – The “Sleeping Giant”

The Energy Report (April 16th, 2009) Writes:

With the U.S. stimulus package in place and the politically contentious cap-and-trade program looming, one sector is poised to benefit from both measures. Calling it the “Rodney Dangerfield” of renewable energies, Greg Reid, director of Clean Technology at Wellington West Capital Markets, says geothermal doesn’t get a lot of respect right now—but that’s about to change. In this exclusive interview with The Energy Report, Greg discusses how the political push, and monetary allocation, for clean energy are aligning the political and social stars over geothermal.

The Energy Report: Greg, in one of your articles, you call geothermal the “sleeping giant” of renewable energy. What makes geothermal so interesting to you?

Greg Reid: I think the political and social stars are starting to align here. One of the key things is political will. You now have the governments that are pushing renewable energy. There was a lot of concern that as …


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