Baseload Power. A baseload power plant produces power at a constant rate. Because the energy is constant, its power output can remain consistent nearly 24 hours a day, giving geothermal energy a higher capacity factor than solar or wind power.
Domenic Falcone, President, Domenic J. Falcone Associates, Inc. is quoted throughout the article with points that substantiate geothermal as the ideal baseload power options. For reasons such as:
“It assures a steady revenue stream which is much better for financing.”For a nation that’s thinking to the long-term, geo plants are:
The additional long-term analysis shows geothermal plants are:
Essentially, baseload geothermal power is producing 24/7, can be flexible based on need, takes up a much smaller footprint, and are extremely durable in comparison to coal plants, solar plants or wind farms.