Identification of Growth Barriers for Exploitation of Geothermal Energy in China

Abstract

Renewable resources play an important role in the world nowadays and geothermal energy is one of them. It is known to be one of the clean and reliable sources of energy. Although the importance of geothermal energy was realized a long time ago, its exploitation is still far behind due to certain reasons which are emphasized in this paper. This paper gives an overview of the development of geothermal energy worldwide, identifies the barriers which hinder its development, proposes ways to overcome the barriers and finally gives some recommendations for faster exploitation of geothermal energy in China.