WorldWideScience

Sample records for geothermal venture pgv

  1. Successful Multi-Leg Completion of KS-13 ML-1 & Increased Power Generation of Puna Geothermal Venture (PGV), Hawai'i

    Science.gov (United States)

    Drakos, P. S.; Spielman, P.; Peters, B.

    2017-12-01

    Located in the Puna district on the Big Island in Hawaii, Puna Geothermal Venture (PGV) is the only geothermal power plant in the state. PGV is comprised of two air-cooled power plants with a total generating capacity of 38 MW. Commercial operation commenced in 1993 and the project was acquired by Ormat in June 2004. Over the years, generation has increased by upgrading the plant through resource development and with the addition of a bottoming OEC (Ormat Energy Converter) in 2011. The geothermal reservoir at PGV is hosted within a step-over along the axis of the Kilauea Lower East Rift Zone (LERZ). Subsurface permeability at PGV is controlled by sub-vertical and rift-parallel fractures/faults and dike swarms which are the result of active tectonic dilation across the rift and shallow volcanic activity related to Kilauea. At PGV, the location and attitude of these fractures are well constrained at depth by drilling to be orientated at N63°E and dipping at 5° NW. These fractures are aligned en-echelon and form a major left-step along the rift axis which results in a localized zone of enhanced dilation. In 2016, a program was initiated to increase injection capacity and enthalpy in the PGV wellfield. Existing injection well KS-13 was selected as a candidate for re-drill based on a comprehensive resource model and reservoir modeling predictions. KS-13 ML1 was designed as a multi-leg completion from the existing KS-13 well, whereby the final completion is a forked well composed of the original wellbore and the newly completed second wellbore. The target area for the new multi-leg (ML) were large aperture, steeply dipping fractures associated with the 1955 eruptive fissure. Well KS-13 ML1 was drilled using PGV's Rig and a retrievable whipstock to mill a casing exit window. With the original wellbore temporarily plugged, a multi-rate water loss test was performed and an injectivity of 6 gpm/psi was measured. Following the removal of the whipstock ramp and packer from

  2. Puna Geothermal Venture Hydrologic Monitoring Program

    Energy Technology Data Exchange (ETDEWEB)

    None

    1990-04-01

    This document provides the basis for the Hydrologic Monitoring Program (HMP) for the Puna Geothermal Venture. The HMP is complementary to two additional environmental compliance monitoring programs also being submitted by Puma Geothermal Venture (PGV) for their proposed activities at the site. The other two programs are the Meteorology and Air Quality Monitoring Program (MAQMP) and the Noise Monitoring Program (NMP), being submitted concurrently.

  3. Application for Underground Injection Control Permit for the PUNA Geothermal Venture Project

    Energy Technology Data Exchange (ETDEWEB)

    None

    1989-06-01

    Puna Geothermal Venture (PGV) plans to construct and operate the 25 MW Puna Geothermal Venture Project in the Puna District of the Island of Hawaii. The project will drill geothermal wells within a dedicated 500-acre project area, use the produced geothermal fluid to generate electricity for sale to the Hawaii Electric Light Company for use on the Island of Hawaii, and inject all the produced geothermal fluids back into the geothermal reservoir. Since the project will use injection wells, it will require an Underground Injection Control (UIC) permit from the Drinking Water Section of the State of Hawaii Department of Health. The PGV Project is consistent with the State and County of Hawaii's stated objectives of providing energy self-sufficiency and diversifying Hawaii's economic base. The project will develop a new alternate energy source as well as provide additional information about the nature of the geothermal resource.

  4. MeProRisk - a Joint Venture for Minimizing Risk in Geothermal Reservoir Development

    Science.gov (United States)

    Clauser, C.; Marquart, G.

    2009-12-01

    Exploration and development of geothermal reservoirs for the generation of electric energy involves high engineering and economic risks due to the need for 3-D geophysical surface surveys and deep boreholes. The MeProRisk project provides a strategy guideline for reducing these risks by combining cross-disciplinary information from different specialists: Scientists from three German universities and two private companies contribute with new methods in seismic modeling and interpretation, numerical reservoir simulation, estimation of petrophysical parameters, and 3-D visualization. The approach chosen in MeProRisk consists in considering prospecting and developing of geothermal reservoirs as an iterative process. A first conceptual model for fluid flow and heat transport simulation can be developed based on limited available initial information on geology and rock properties. In the next step, additional data is incorporated which is based on (a) new seismic interpretation methods designed for delineating fracture systems, (b) statistical studies on large numbers of rock samples for estimating reliable rock parameters, (c) in situ estimates of the hydraulic conductivity tensor. This results in a continuous refinement of the reservoir model where inverse modelling of fluid flow and heat transport allows infering the uncertainty and resolution of the model at each iteration step. This finally yields a calibrated reservoir model which may be used to direct further exploration by optimizing additional borehole locations, estimate the uncertainty of key operational and economic parameters, and optimize the long-term operation of a geothermal resrvoir.

  5. Groundwater chemistry in the vicinity of the Puna Geothermal Venture Power Plant, Hawai‘i, after two decades of production

    Science.gov (United States)

    Evans, W.C.; Bergfeld, D.; Sutton, A.J.; Lee, R.C.; Lorenson, T.D.

    2015-01-01

    We report chemical data for selected shallow wells and coastal springs that were sampled in 2014 to determine whether geothermal power production in the Puna area over the past two decades has affected the characteristics of regional groundwater. The samples were analyzed for major and minor chemical species, trace metals of environmental concern, stable isotopes of water, and two organic compounds (pentane and isopropanol) that are injected into the deep geothermal reservoir at the power plant. Isopropanol was not detected in any of the groundwaters; confirmed detection of pentane was restricted to one monitoring well near the power plant at a low concentration not indicative of source. Thus, neither organic compound linked geothermal operations to groundwater contamination, though chemical stability and transport velocity questions exist for both tracers. Based on our chemical analysis of geothermal fluid at the power plant and on many similar results from commercially analyzed samples, we could not show that geothermal constituents in the groundwaters we sampled came from the commercially developed reservoir. Our data are consistent with a long-held view that heat moves by conduction from the geothermal reservoir into shallow groundwaters through a zone of low permeability rock that blocks passage of geothermal water. The data do not rule out all impacts of geothermal production on groundwater. Removal of heat during production, for example, may be responsible for minor changes that have occurred in some groundwater over time, such as the decline in temperature of one monitoring well near the power plant. Such indirect impacts are much harder to assess, but point out the need for an ongoing groundwater monitoring program that should include the coastal springs down-gradient from the power plant.

  6. Geothermal in transition

    International Nuclear Information System (INIS)

    Anderson, J.L.

    1991-01-01

    This article examines the current market for geothermal projects in the US and overseas. The topics of the article include future capacity needs, upgrading the Coso Geothermal project, the productivity of the Geysers area of Northern California, the future of geothermal, and new projects at Soda Lake, Carson Basin, Unalaska Island, and the Puna Geothermal Venture in Hilo, Hawaii

  7. Joint ventures

    DEFF Research Database (Denmark)

    Sørensen, Karsten Engsig

    Afhandlingen analysere de konkurrenceretlige og selskabsretlige regler som er bestemmende for hvordan et joint venture samarbejde er struktureret......Afhandlingen analysere de konkurrenceretlige og selskabsretlige regler som er bestemmende for hvordan et joint venture samarbejde er struktureret...

  8. Horizontal steam generator PGV-1000 thermal-hydraulic analysis

    Energy Technology Data Exchange (ETDEWEB)

    Ubra, O. [Skoda Company, Prague (Switzerland); Doubek, M. [Czech Technical Univ., Prague (Switzerland)

    1995-12-31

    A computer program for the steady state thermal-hydraulic analysis of horizontal steam generator PGV-1000 is presented. The program provides the capability to analyze steam generator PGV-1000 primary side flow and temperature distribution, primary side pressure drops, heat transfer between the primary and secondary sides and multidimensional heat flux distribution. A special attention is paid to the thermal-hydraulics of the secondary side. The code predicts 3-D distribution of the void fraction at the secondary side, mass redistribution under the submerged perforated sheet and the steam generator level profile. By means of developed computer program a detailed thermal-hydraulic study of the PGV-1000 has been carried out. A wide range of calculations has been performed and a set of important steam generator characteristics has been obtained. Some of them are presented in the paper. (orig.). 5 refs.

  9. Horizontal steam generator PGV-1000 thermal-hydraulic analysis

    International Nuclear Information System (INIS)

    Ubra, O.; Doubek, M.

    1995-01-01

    A computer program for the steady state thermal-hydraulic analysis of horizontal steam generator PGV-1000 is presented. The program provides the capability to analyze steam generator PGV-1000 primary side flow and temperature distribution, primary side pressure drops, heat transfer between the primary and secondary sides and multidimensional heat flux distribution. A special attention is paid to the thermal-hydraulics of the secondary side. The code predicts 3-D distribution of the void fraction at the secondary side, mass redistribution under the submerged perforated sheet and the steam generator level profile. By means of developed computer program a detailed thermal-hydraulic study of the PGV-1000 has been carried out. A wide range of calculations has been performed and a set of important steam generator characteristics has been obtained. Some of them are presented in the paper. (orig.)

  10. Horizontal steam generator PGV-1000 thermal-hydraulic analysis

    Energy Technology Data Exchange (ETDEWEB)

    Ubra, O [Skoda Company, Prague (Switzerland); Doubek, M [Czech Technical Univ., Prague (Switzerland)

    1996-12-31

    A computer program for the steady state thermal-hydraulic analysis of horizontal steam generator PGV-1000 is presented. The program provides the capability to analyze steam generator PGV-1000 primary side flow and temperature distribution, primary side pressure drops, heat transfer between the primary and secondary sides and multidimensional heat flux distribution. A special attention is paid to the thermal-hydraulics of the secondary side. The code predicts 3-D distribution of the void fraction at the secondary side, mass redistribution under the submerged perforated sheet and the steam generator level profile. By means of developed computer program a detailed thermal-hydraulic study of the PGV-1000 has been carried out. A wide range of calculations has been performed and a set of important steam generator characteristics has been obtained. Some of them are presented in the paper. (orig.). 5 refs.

  11. Universities Venture into Venture Capitalism.

    Science.gov (United States)

    Desruisseaux, Paul

    2000-01-01

    Reports that some universities are starting their own venture-capital funds to develop campus companies, or are investing endowment funds with established venture-capital firms inclined to finance potential spinoffs from campus research. Examples cited are from the University of Alabama, Vanderbilt University (Tennessee), University of…

  12. Venture Capital

    National Research Council Canada - National Science Library

    Lister, M. J; Andreassen, A; Bales, Shanda; Biddle, J. G; Chang, M. M; McCormick, R; Packard, W. J; Sun, T

    2006-01-01

    Leveraging venture capital to the advantage of the Naval Services should be viewed as part of the larger project of reforming the acquisition system to permit rapid introduction of new technologies...

  13. Thermal-hydraulic characteristic of the PGV-1000 steam generator

    International Nuclear Information System (INIS)

    Ubra, O.; Doubek, M.

    1995-01-01

    Horizontal steam generators are typical parts of nuclear power plants with pressure water reactor type VVER. By means of this computer program, a detailed thermal-hydraulic study of the horizontal steam generator PGV-1000 has been carried out and a special attention has been paid to the thermal-hydraulics of the secondary side. A set of important steam generator characteristics has been obtained and analyzed. Some of the interesting results of the analysis are presented in the paper. (author)

  14. Strength analysis of PGV-1000M steam generator support

    International Nuclear Information System (INIS)

    Dubik, Ya.R.; Ageev, S.M.; Orynyak, I.V.; Vasilchenko, B.M.

    2017-01-01

    The paper presents the design of PGV-1000M steam generator support. It is shown that the load in the rolling support is distributed extremely unevenly, which is associated with the compliance of the support construction. It is demonstrated that under working loads only several rollers are used, the stresses in which exceed the yield strength. This can be an additional loading factor to be considered in the analysis of welding No. 111 failure.

  15. Corporate Venturing

    DEFF Research Database (Denmark)

    Vintergaard, Christian

    path of an entrepreneurial opportunity of the Danish corporate venture capitalist,Danfoss A/S. This paper distinguishes itself from previous research done on entrepreneurialopportunities by creating a holistic and conceptual framework, which broadens and expands theperception of the market participants...

  16. Building indifferentiable compression functions from the PGV compression functions

    DEFF Research Database (Denmark)

    Gauravaram, P.; Bagheri, Nasour; Knudsen, Lars Ramkilde

    2016-01-01

    Preneel, Govaerts and Vandewalle (PGV) analysed the security of single-block-length block cipher based compression functions assuming that the underlying block cipher has no weaknesses. They showed that 12 out of 64 possible compression functions are collision and (second) preimage resistant. Black......, Rogaway and Shrimpton formally proved this result in the ideal cipher model. However, in the indifferentiability security framework introduced by Maurer, Renner and Holenstein, all these 12 schemes are easily differentiable from a fixed input-length random oracle (FIL-RO) even when their underlying block...

  17. Efektivitas Pentagamavunon-0 (PGV-0 pada fase awal infeksi virus Dengue-2

    Directory of Open Access Journals (Sweden)

    Dewi Marbawati

    2015-01-01

    Full Text Available Abstract. Dengue virus infects 50 to 100 million people every year, however, specific treatment or effective antiviral drugs to treat viral infections has not been found yet. Curcumin known has  perform the inhibition of ubiquitin-proteasome system that causes a decrease of Japanese encephalitis, one kind of flavivirus. Structural modifications was known to increase the biological activity of curcumin. Pentagamavunon-0 (PGV-0 is known have activity similar to or even better than curcumin. This study aims to determine the effect of PGV-0 in the early phase of infection of dengue- virus 2 (one day of infection. This study includes quasi-experimental study. The method used for the detection of Dengue-2 viruswas immunocytochemistry, whichpreviously tested by PGV-0 cytotoxic test against vero cells. Cytotoxic test results indicate safe concentrations (no toxic effects of PGV-0 against vero cells is 4.44 µM. Calculation of positive rate compared with the positive control(14.55 ± 7.25 showed that the value of positive rate due to one-day Dengue virus-2 infection with PGV-0 treatment was smaller(3.8 ± 3.89. It was concluded that the PGV-0 is able to decrease the positive rate due to Den-2 infection in the initial period of infection. Keywords: dengue, Pentagamavunon-0 (PGV-0,immunocytochemistry, vero cells Abstrak.Virus Dengue menginfeksi 50 sampai 100 juta orangper tahun, namun terapi yang spesifik atau obat antivirus yang efektif belum ditemukan. Kurkumin diketahui mampu melakukan penghambatan system ubiquitin-proteasome yang menyebabkan penurunan produksi salah satu jenis Flavivirus yaitu Japanese encephaitis. Modifikasi struktur kurkumin terbukti meningkatkan aktivitas biologisnya.  Pentagamavunon-0 (PGV-0 diketahui memiliki aktifitas mirip atau bahkan  lebih baik dari kurkumin. Tujuan dari penelitian ini adalah mengetahui pengaruh pemberian PGV-0 pada fase awal infeksi virus Dengue-2 (satu hari infeksi. Penelitian ini termasuk penelitian

  18. Case : Google ventures

    NARCIS (Netherlands)

    Friesike, Sascha; Gassman, Oliver; Schweitzer, Fiona

    2013-01-01

    Google Ventures - the venture capital department of Google - couples the idea of a corporate incubator with the methods of a classical venture capital firm. A corporate incubator strives to create innovation, whereas a venture capital firm's idea is to create money. As such, corporate incubators

  19. Fluid velocity in outer channels of tube bundle of PGV-1 steam generator prototype

    International Nuclear Information System (INIS)

    Salgo, C.

    1979-01-01

    This paper deals with the determination of the fluid velocity and pressure in every channel outside the tube bundle of the prototype model of the steam generator PGV-1, designed jointly by CNEN and NIRA. The results are obtained by the numerical solution of a system of algebraic and differential equations deduced by a mathematical ''channel'' model. Such results agree with the experiments performed on a model of the prototype PGV-1 by Alsthom Technique des Fluides

  20. International joint ventures

    DEFF Research Database (Denmark)

    Sørensen, Karsten Engsig

    2001-01-01

    The article analysis problems connected with corporate joint ventures. Among others the possible conflicts between the joint venture agreement and the statutes of the companies is examined, as well as certain problems connected to the fact that the joint venture partners have created commen control...... over their joint company....

  1. Venture capital and internationalization

    NARCIS (Netherlands)

    Schertler, A.G.; Tykvova, T.

    Cross-border investments represent a substantial share of venture capital activities. We use a comprehensive dataset on investments worldwide to analyze the internationalization of venture capital financing. We postulate that cross-border activity is shaped by macroeconomic factors in the venture

  2. Konsentrasi Aman Kurkumin dan PGV-0 terhadap Sel Vero Berdasarkan Hasil Uji Sitotoksik

    Directory of Open Access Journals (Sweden)

    Dewi Marbawati

    2015-08-01

    Full Text Available Curcumin (1,7-bis(3-methoxyphenyl 4'hidroksi -1.6 heptadien, 3,5-dione is the yellow pigment of Curcuma longa. Curcumin has various biological activities such as antioxidant, antibacterial, antifungal, antiprotozoal and antivirus. Various benefits of curcumin can not be separated from the weakness which is not stable to pH and light. Pentagamavunon-0 (PGV-0 were made by changing the β diketone group on cluster analog of curcumin into monoketon while eliminating active methylene group so it is more stable to pH and light. PGV-0 also has potential as a stronger antioxidant and antiinflammatory agent than other curcumin analogues. The objective of this research was to determine the safe concentrations of curcumin and PGV-0 on vero cells due to the increased use of the two compounds through the cytotoxic test. This research includes experimental research. Cytotoxic test performed with microculture tetrazolium technique (MTT method. Use of MTT to evaluate the cytotoxic is based on changes of tetrazolium salt into formazan crystals by mitochondrial enzyme succinate dehydrogenase with the help of cellular NADH. The results showed that the safe concentrations of curcumin and PGV-0 on vero cells respectively are 6.25 and 1.5625 ppm. Based on the cytotoxic test the secure concentration of curcumin was higher than PGV-0.

  3. Data bank on hydrodynamics, thermal tests and tube temperature regimes of PGV-4 and PVG-1000 natural steam generators

    Energy Technology Data Exchange (ETDEWEB)

    Ageev, A.G.; Vasileva, R.V.; Nigmatulin, B.I.; Titov, V.F.; Tarankov, G.N. [EREC Electrogorsk Research and Engineering Centre of Nuclear Plants Safety, Moscow (Russian Federation)

    1995-12-31

    The data bank was prepared by EREC, OKB `Hydropress` using results of static and dynamic tests of PGV-4 and PGV- 1000 natural steam generators cared out at Kolskaya, Novo-Voronezhskaya, Ugno-Ukrainskaya, Balakov-skaya and Hmelnitskaya NPP within period of 1974-1993. It is destined for making calculation codes verification. (authors).

  4. Data bank on hydrodynamics, thermal tests and tube temperature regimes of PGV-4 and PVG-1000 natural steam generators

    Energy Technology Data Exchange (ETDEWEB)

    Ageev, A G; Vasileva, R V; Nigmatulin, B I; Titov, V F; Tarankov, G N [EREC Electrogorsk Research and Engineering Centre of Nuclear Plants Safety, Moscow (Russian Federation)

    1996-12-31

    The data bank was prepared by EREC, OKB `Hydropress` using results of static and dynamic tests of PGV-4 and PGV- 1000 natural steam generators cared out at Kolskaya, Novo-Voronezhskaya, Ugno-Ukrainskaya, Balakov-skaya and Hmelnitskaya NPP within period of 1974-1993. It is destined for making calculation codes verification. (authors).

  5. Direct measurements of secondary water inventory of steam generator PGV-213 in operation

    Energy Technology Data Exchange (ETDEWEB)

    Tarankov, G.A.; Trunov, N.B.; Dranchenko, B.N.; Kamiagin, W.W. [OKB Gidropress (Russian Federation)

    1997-12-31

    Results of weight measurement of PGV-213 steam generator during filling in, heating-up and power increase are described. Special measurement system based on stress gauges has been developed. Method of derivation of secondary water inventory is described. Comparison of the data for two steam generators prove accuracy of the measurements. (orig.). 1 refs.

  6. Direct measurements of secondary water inventory of steam generator PGV-213 in operation

    Energy Technology Data Exchange (ETDEWEB)

    Tarankov, G A; Trunov, N B; Dranchenko, B N; Kamiagin, W W [OKB Gidropress (Russian Federation)

    1998-12-31

    Results of weight measurement of PGV-213 steam generator during filling in, heating-up and power increase are described. Special measurement system based on stress gauges has been developed. Method of derivation of secondary water inventory is described. Comparison of the data for two steam generators prove accuracy of the measurements. (orig.). 1 refs.

  7. Forming a multinational joint venture

    International Nuclear Information System (INIS)

    Bhatia, N.K.; Garb, R.H.; Statton, T.D.

    1990-01-01

    This paper discusses the basis and mechanics for forming a multinational joint venture. The topics of the paper include the motivations for a joint venture, selection of the appropriate co-venturer, management of the multinational joint venture, and the joint venture agreement. The authors state that a joint venture is not applicable or desirable in all instances and to be successful, must be carefully planned

  8. Geothermal energy

    International Nuclear Information System (INIS)

    Rummel, F.; Kappelmeyer, O.; Herde, O.A.

    1992-01-01

    Objective of this brochure is to present the subject Geothermics and the possible use of geothermal energy to the public. The following aspects will be refered to: -present energy situation -geothermal potential -use of geothermal energy -environemental aspects -economics. In addition, it presents an up-dated overview of geothermal projects funded by the German government, and a list of institutions and companies active in geothermal research and developments. (orig./HP) [de

  9. International New Venture Legitimation

    DEFF Research Database (Denmark)

    Turcan, Romeo V.

    2013-01-01

    the process of their emergence. It is a longitudinal, multiple-case study research that employs critical incident technique for data collection, analysis and interpretation. Following theory driven sampling, five international new ventures were selected that were operating in the software sector in the UK......There is limited theoretical understanding and empirical evidence for how international new ventures legitimate. Drawing from legitimation theory, this study fills in this gap by exploring how international new ventures legitimate and strive for survival in the face of critical events during......, and had internationalized and struggled for survival during the dotcom era. Grounded in data, this study corroborates a number of legitimation strategies yielded by prior research and refutes others. It further contributes to our understanding of international new venture legitimation by suggesting new...

  10. How venture capital works.

    Science.gov (United States)

    Zider, B

    1998-01-01

    The popular mythology surrounding the U.S. venture-capital industry derives from a previous era. Venture capitalists who nurtured the computer industry in its infancy were legendary both for their risk taking and for their hands-on operating experience. But today things are different, and separating the myths from the realities is crucial to understanding this important piece of the U.S. economy. Today's venture capitalists are more like conservative bankers than the risk takers of days past. They have carved out a specialized niche in the capital markets, filling a void that other institutions cannot serve. They are the linch-pins in an efficient system for meeting the needs of institutional investors looking for high returns, of entrepreneurs seeking funding, and of investment bankers looking for companies to sell. Venture capitalists must earn a consistently superior return on investments in inherently risky businesses. The myth is that they do so by investing in good ideas and good plans. In reality, they invest in good industries--that is, industries that are more competitively forgiving than the market as a whole. And they structure their deals in a way that minimizes their risk and maximizes their returns. Although many entrepreneurs expect venture capitalists to provide them with sage guidance as well as capital, that expectation is unrealistic. Given a typical portfolio of ten companies and a 2,000-hour work year, a venture capital partner spends on average less than two hours per week on any given company. In addition to analyzing the current venture-capital system, the author offers practical advice to entrepreneurs thinking about venture funding.

  11. Geothermal Energy

    International Nuclear Information System (INIS)

    Haluska, Oscar P.; Tangir, Daniel; Perri, Matias S.

    2002-01-01

    A general overview of geothermal energy is given that includes a short description of the active and stable areas in the world. The possibilities of geothermal development in Argentina are analyzed taking into account the geothermal fields of the country. The environmental benefits of geothermal energy are outlined

  12. Campus/Industry Joint Ventures.

    Science.gov (United States)

    McDonald, Eugene J.

    1985-01-01

    Opportunities for joint economic ventures of colleges and industry are discussed, and a variety of ventures undertaken by Duke University are outlined, including a health club, hotel, and office building. Tax and financing considerations are noted. (MSE)

  13. Does Venture Capital Spur Innovation?

    OpenAIRE

    Samuel Kortum; Josh Lerner

    1998-01-01

    While policymakers often assume venture capital has a profound impact on innovation, that premise has not been evaluated systematically. We address this omission by examining the influence of venture capital on patented inventions in the United States across twenty industries over three decades. We address concerns about causality in several ways, including exploiting a 1979 policy shift that spurred venture capital fundraising. We find that the amount of venture capital activity in an indust...

  14. How Korean Venture Capitals Invest In New Technology Ventures

    Directory of Open Access Journals (Sweden)

    Youngkeun Choi

    2013-01-01

    Full Text Available In the entrepreneurship field, this study examines what kinds of external endorsements are helpful for venture capitals investment and the growth of new technology ventures in developing countries. This study uses the signalling theory and the methodologies of multiple regression and survival analysis with the panel data of the ventures in Korea. In the results, collaboration with business groups and certification of government are positively influential in attracting venture capitals’ investment, which accelerate the growth of new technology ventures. The practical implication for entrepreneurs is that they need to obtain the endorsement from business groups and governments strategically.

  15. Geothermal energy

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This chapter discusses the role of geothermal energy may have on the energy future of the US. The topics discussed in the chapter include historical aspects of geothermal energy, the geothermal resource, hydrothermal fluids, electricity production, district heating, process heating, geopressured brines, technology and costs, hot dry rock, magma, and environmental and siting issues

  16. International venture capital perspective

    International Nuclear Information System (INIS)

    Carter, D.

    2004-01-01

    'Full text:' The emerging fuel cell industry is characterized by global cooperation and partnerships in commercial, technical, and financial aspects. In this talk, we would like to provide observations about international venture capital focused on fuel cells globally. The talk will refer to experiences Conduit Ventures has had with its portfolio companies and other investors in various countries. We discuss our approach to working with portfolio companies who are geographically remote from our main office in London. We also discuss the process of making investment decisions on possible investments in various countries. The talk will conclude with insights and 'lessons learned' which may be of interest to fellow members of Fuel Cells Canada. (author)

  17. Geothermal spas

    International Nuclear Information System (INIS)

    Woodruff, J.L.; Takahashi, P.K.

    1990-01-01

    The spa business, part of the health and fitness industry that has sprung up in recent years, is highly successful world-wide. The most traditional type of spa is the geothermal spa, found in geothermal areas around the world. In Japan, for example, some 2,000 geothermal spas and resorts generate $6 billion annually. Hawaii has an ideal environment for geothermal spas, and several locations in the islands could supply warm mineral water for spa development. Hawaii receives about 6 million visitors annually, a high percentage of whom are familiar with the relaxing and therapeutic value of geothermal spas, virtually guaranteeing the success of this industry in Hawaii. Presently, Hawaii does not have a single geothermal spa. This paper reports that the geothermal spa business is an industry whose time has come, an industry that offers very promising investment opportunities, and one that would improve the economy while expanding the diversity of pleasurable vacation options in Hawaii

  18. Verification of Dinamika-5 code on experimental data of water level behaviour in PGV-440 under dynamic conditions

    Energy Technology Data Exchange (ETDEWEB)

    Beljaev, Y.V.; Zaitsev, S.I.; Tarankov, G.A. [OKB Gidropress (Russian Federation)

    1995-12-31

    Comparison of the results of calculational analysis with experimental data on water level behaviour in horizontal steam generator (PGV-440) under the conditions with cessation of feedwater supply is presented in the report. Calculational analysis is performed using DIMANIKA-5 code, experimental data are obtained at Kola NPP-4. (orig.). 2 refs.

  19. Verification of Dinamika-5 code on experimental data of water level behaviour in PGV-440 under dynamic conditions

    Energy Technology Data Exchange (ETDEWEB)

    Beljaev, Y V; Zaitsev, S I; Tarankov, G A [OKB Gidropress (Russian Federation)

    1996-12-31

    Comparison of the results of calculational analysis with experimental data on water level behaviour in horizontal steam generator (PGV-440) under the conditions with cessation of feedwater supply is presented in the report. Calculational analysis is performed using DIMANIKA-5 code, experimental data are obtained at Kola NPP-4. (orig.). 2 refs.

  20. Geothermal energy

    International Nuclear Information System (INIS)

    Laplaige, Ph.; Lemale, J.

    2008-01-01

    Geothermal energy is a renewable energy source which consists in exploiting the heat coming from the Earth. It covers a wide range of techniques and applications which are presented in this article: 1 - the Earth, source of heat: structure of the Earth, geodynamic model and plate tectonics, origin of heat, geothermal gradient and terrestrial heat flux; 2 - geothermal fields and resources; 3 - implementation of geothermal resources: exploration, main characteristic parameters, resource exploitation; 4 - uses of geothermal resources: power generation, thermal uses, space heating and air conditioning heat pumps, district heating, addition of heat pumps; 5 - economical aspects: power generation, heat generation for district heating; 6 - environmental aspects: conditions of implementation, impacts as substitute to fossil fuels; 7 - geothermal energy in France: resources, organisation; 8 - conclusion. (J.S.)

  1. Geothermal energy

    OpenAIRE

    Manzella A.

    2017-01-01

    Geothermal technologies use renewable energy resources to generate electricity and direct use of heat while producing very low levels of greenhouse-gas (GHG) emissions. Geothermal energy is the thermal energy stored in the underground, including any contained fluid, which is available for extraction and conversion into energy products. Electricity generation, which nowadays produces 73.7 TWh (12.7 GW of capacity) worldwide, usually requires geothermal resources temperatures of over 100 °C. Fo...

  2. Geothermal energy

    International Nuclear Information System (INIS)

    Le Du, H.; Bouchot, V.; Lopez, S.; Bialkowski, A.; Colnot, A.; Rigollet, C.; Sanjuan, B.; Millot, R.; Brach, M.; Asmundsson, R.; Giroud, N.

    2010-01-01

    Geothermal energy has shown a revival for several years and should strongly develop in a near future. Its potentiality is virtually unexhaustible. Its uses are multiple and various: individual and collective space heating, heat networks, power generation, heat storage, heat exchanges etc.. Re-launched by the demand of renewable energy sources, geothermal energy has become credible thanks to the scientific works published recently which have demonstrated its economical and technical relevance. Its image to the public is changing as well. However, lot of work remains to do to make geothermal energy a real industry in France. Several brakes have to be removed rapidly which concern the noise pollution of geothermal facilities, the risk of bad results of drillings, the electricity costs etc. This dossier gives an overview of today's main research paths in the domain of geothermal energy: 1 - geothermal energy in France: historical development, surface and deep resources, ambitions of the French national energy plan (pluri-annual investment plan for heat generation, incentives, regional 'climate-air-energy' schemes), specific regulations; 2 - geothermal energy at the city scale - sedimentary basins: Ile-de-France 40 years of Dogger reservoir exploitation, potentialities of clastic reservoirs - the Chaunoy sandstones example; 3 - geothermal power generation: conventional reservoirs - the Bouillante model (Guadeloupe, French Indies); the Soultz-sous-Forets pilot plant (Bas-Rhin, France); the supercritical reservoirs - the Krafla geothermal area (Iceland). (J.S.)

  3. Geothermal energy

    International Nuclear Information System (INIS)

    Kappelmeyer, O.

    1991-01-01

    Geothermal energy is the natural heat of the earth. It represents an inexhaustible source of energy. In many countries, which are mostly located within the geothermal belts of the world, geothermal energy is being used since many decades for electricity generation and direct heating applications comprising municipal, industrial and agricultural heating. Outside the geothermal anomalous volcanic regions, hot ground water from deep rock formations at temperatures above 70 o C is used for process heat and space heating. Low prices for gas and oil hinder the development of geothermal plants in areas outside positive geothermal anomalies; the cost of drilling to reach depths, where temperatures are above 50 o C to 70 o C, is high. The necessary total investment per MW th installed capacity is in the order of 5 Mio- DM/MW th (3 Mio $/MW th ). Experience shows, that an economic break even with oil is reached at an oil price of 30$ per barrel or if an adequate bonus for the clean, environmentally compatible production of geothermal heat is granted. Worldwide the installed electric capacity of geothermal power plants is approximately 6 000 MW e . About 15 000 MW th of thermal capacity is being extracted for process heat and space heat. The importance of the terrestrial heat as an energy resource would be substantially increased, if the heat, stored in the hot crystalline basement could be extracted at economical production costs. Geothermal energy is a competitive energy source in areas with high geothermal gradients (relative low cost for drilling) and would be competitive in areas with normal geothermal gradients, if a fair compensation for environmental implications from fossil and nuclear power production would be granted. (author) 2 figs., 1 tab., 6 refs

  4. Venture Capitalist Enabled Entrepreneurial Mentoring

    DEFF Research Database (Denmark)

    Agrawal, Anirudh

    2018-01-01

    Traditionally the success of a venture capital model has been anchored around two dimensions‚ namely equity as a trade for investment and start-up valuation and profitable exits. Scholars have focused less on the inter-organizational interaction between the venture capital (VC) and start-up entre...

  5. Venture Capital and Innovation Strategies

    NARCIS (Netherlands)

    Da Rin, M.; Penas, M.F.

    2015-01-01

    Venture capital is a specialized form of financial intermediation that often provides funding for costly technological innovation. Venture capital firms need to exit portfolio companies within about five years from the investment to generate returns for institutional investors. This paper is the

  6. Venture Capital and Innovation Strategies

    NARCIS (Netherlands)

    Da Rin, Marco; Penas, Maria

    2015-01-01

    Venture capital investors are specialized financial intermediaries that provides funding for technological innovation with the goal of realizing a capital gain within a few years. We are the first to examine the association of venture capital funding with a company’s choice of innovation strategies.

  7. Venture capital and innovation strategies

    NARCIS (Netherlands)

    Da Rin, Marco; Penas, Fabiana

    2017-01-01

    Venture capital investors are specialized financial intermediaries that provide funding for technological innovation with the goal of realizing a capital gain within a few years. We are the first to examine the association of venture capital funding with a company's choice of innovation strategies.

  8. UK manufacturers construction joint venture

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-07-01

    This report examines the legal and commercial framework for UK manufacturers to collaborate in a construction venture for a small combustion/steam cycle power plant fueled with biomass. The integration of technology and project plan, the working capital and capitalisation, financial aspects, the market plan, turnkey packages, joint venture entities, and collaboration are discussed. (UK)

  9. Assessment of realization possibility of borate-lithium water chemical regime of the PGV-100 secondary circuit for NPP with WWER-1000 type reactor

    International Nuclear Information System (INIS)

    Smykov, V.B.; Ermolaev, N.P.; Borzov, I.A.

    1994-01-01

    The theoretical and experimental assessment of chemical equilibrium reactions resulting in the weak-alkaline boric buffering water chemistry of secondary side PGV-1000 has been performed out in the article. 18 refs

  10. Geothermal energy

    International Nuclear Information System (INIS)

    Vuataz, F.-D.

    2005-01-01

    This article gives a general overview of the past and present development of geothermal energy worldwide and a more detailed one in Switzerland. Worldwide installed electrical power using geothermal energy sources amounts to 8900 MW el . Worldwide utilization of geothermal energy for thermal applications amounts to 28,000 MW th . The main application (56.5%) is ground-coupled heat pumps, others are thermal spas and swimming pools (17.7%), space heating (14.9%), heating of greenhouses (4.8%), fish farming (2.2%), industrial uses (1,8%), cooling and melting of snow (1.2%), drying of agricultural products (0.6 %). Switzerland has become an important user of geothermal energy only in the past 25 years. Earlier, only the exploitation of geothermal springs (deep aquifers) in Swiss thermal baths had a long tradition, since the time of the Romans. Today, the main use of geothermal energy is as a heat source for heat pumps utilizing vertical borehole heat exchangers of 50 to 350 meters length. 35,000 installations of this type with heating powers ranging from a few kW to 1000 kW already exist, representing the highest density of such installations worldwide. Other developments are geostructures and energy piles, the use of groundwater for heating and cooling, geothermal district heating, the utilization of draining water from tunnels and the project 'Deep Heat Mining' allowing the combined production of heat and electric power

  11. Geothermal energy

    International Nuclear Information System (INIS)

    Lemale, J.

    2009-01-01

    The geothermal energy, listed among the new and renewable energy sources, is characterized by a huge variety of techniques and applications. This book deals with the access to underground geothermal resources and with their energy valorization as well. After a presentation of the main geological, hydrogeological and thermal exploitation aspects of this resource, the book presents the different geothermal-related industries in detail, in particular the district heating systems, the aquifer-based heat pumps, the utilizations in the agriculture, fishery and balneology sectors, and the power generation. (J.S.)

  12. 12 CFR 347.107 - Joint ventures.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 4 2010-01-01 2010-01-01 false Joint ventures. 347.107 Section 347.107 Banks... INTERNATIONAL BANKING § 347.107 Joint ventures. (a) Joint ventures. If a bank, directly or indirectly, acquires or holds an equity interest in a foreign organization that is a joint venture, and the bank or its...

  13. Finishing touch to joint venture

    CERN Multimedia

    2003-01-01

    "A new process for polishing titanium and its alloys has been announced following an agreement between Bripol (an Anopol/Delmet joint venture) of Birmingham and the European Organisation for Nuclear Reseach (CERN) in Geneva" (1 paragraph).

  14. THE IMPORTANCE OF VENTURE CAPITAL

    Directory of Open Access Journals (Sweden)

    IRINA ANGHEL-ENESCU

    2013-05-01

    Full Text Available Created in the United States of America, Venture Capital is an asset class which attracted recently the attention of the policy makers all over the world. But the concept is still not clearly defined and understood. This paper attempts at introducing in the concept, its characteristics, and reviewing some of the benefits Venture Capital investments can bring at both the macroeconomic level, by looking at the correlation with the economic growth, and at the microeconomic level, for the portfolio companies.

  15. Geothermal energy

    Directory of Open Access Journals (Sweden)

    Manzella A.

    2017-01-01

    Full Text Available Geothermal technologies use renewable energy resources to generate electricity and direct use of heat while producing very low levels of greenhouse-gas (GHG emissions. Geothermal energy is the thermal energy stored in the underground, including any contained fluid, which is available for extraction and conversion into energy products. Electricity generation, which nowadays produces 73.7 TWh (12.7 GW of capacity worldwide, usually requires geothermal resources temperatures of over 100 °C. For heating, geothermal resources spanning a wider range of temperatures can be used in applications such as space and district heating (and cooling, with proper technology, spa and swimming pool heating, greenhouse and soil heating, aquaculture pond heating, industrial process heating and snow melting. Produced geothermal heat in the world accounts to 164.6 TWh, with a capacity of 70.9 GW. Geothermal technology, which has focused for decades on extracting naturally heated steam or hot water from natural hydrothermal reservoirs, is developing to more advanced techniques to exploit the heat also where underground fluids are scarce and to use the Earth as a potential energy battery, by storing heat. The success of the research will enable energy recovery and utilization from a much larger fraction of the accessible thermal energy in the Earth’s crust.

  16. Geothermal energy

    Science.gov (United States)

    Manzella, A.

    2017-07-01

    Geothermal technologies use renewable energy resources to generate electricity and direct use of heat while producing very low levels of greenhouse-gas (GHG) emissions. Geothermal energy is the thermal energy stored in the underground, including any contained fluid, which is available for extraction and conversion into energy products. Electricity generation, which nowadays produces 73.7 TWh (12.7 GW of capacity) worldwide, usually requires geothermal resources temperatures of over 100 °C. For heating, geothermal resources spanning a wider range of temperatures can be used in applications such as space and district heating (and cooling, with proper technology), spa and swimming pool heating, greenhouse and soil heating, aquaculture pond heating, industrial process heating and snow melting. Produced geothermal heat in the world accounts to 164.6 TWh, with a capacity of 70.9 GW. Geothermal technology, which has focused for decades on extracting naturally heated steam or hot water from natural hydrothermal reservoirs, is developing to more advanced techniques to exploit the heat also where underground fluids are scarce and to use the Earth as a potential energy battery, by storing heat. The success of the research will enable energy recovery and utilization from a much larger fraction of the accessible thermal energy in the Earth's crust.

  17. Geothermal studies in China

    International Nuclear Information System (INIS)

    Wang Ji-Yang; Chen Mo-Xiang; Wang Ji-An; Deng Xiao; Wang Jun; Shen Hsien-Chieh; Hsiung Liang-Ping; Yan Shu-Zhen; Fan Zhi-Cheng; Liu Xiu-Wen

    1981-01-01

    Geothermal studies have been conducted in China continuosly since the end of the 1950's with renewed activity since 1970. Three areas of research are defined: (1) fundamental theoretical research of geothermics, including subsurface temperatures, terrestrial heat flow and geothermal modeling; (2) exploration for geothermal resources and exploitation of geothermal energy; (3) geothermal studies in mines. (orig./ME)

  18. Investment Timing for New Business Ventures

    OpenAIRE

    George W. Blazenko; Andrey D. Pavlov

    2010-01-01

    A key requirement for the start of many entrepreneurial businesses is private equity or venture capital financing. In the traditional approach to entrepreneurial investment analysis, an entrepreneur starts a new venture and a venture capitalist finances the new venture when business return exceeds the financial opportunity cost for comparable risk the cost of capital for the new venture. The real options literature recommends that entrepreneurs delay business start due to investment irreversi...

  19. CAPITAL STRUCTURE AND VENTURE CAPITAL

    Directory of Open Access Journals (Sweden)

    Becsky-Nagy Patricia

    2015-07-01

    Full Text Available Venture capital significantly changes the capital structure of the portfolio company at the time of the investment. Venture capitalists contribute to the company’s success through their active involvement in the management and their added value appears in the increase of the value of the equity. At the same time with taking active role in the management, agency problem occurs, that complicates the cooperation and the success of exit. In this article we search the answer for the question whether the preferred equity, that are commonly used in the US for bridging the agency problem, are used and able to help Hungarian venture capitalists to manage agency problems. On the other hand we examined how the venture capital affect capital structure, how the venture capitalists value added appear in the capital structure. During the evaluation of the three case studies, we came to the conclusion, that the venture capital investments have positive effect on the liabilities of the enterprises, as the capital structure indexes show. However, the investors need the ownership, which help them to step up resolutely, when things change for the worse, and companies need the expertise, which the investors bring with their personal assistance. The investor’s new attitude also has positive effect on a mature company, which has an experienced leader, because he can show another aspect, as a person who come from outside. During the examination of the capital structure, we cannot disregard the events of the company’s environment, which have effects on the firm. The investor’s decisions also appear different ways. Because of this, every venture capital investment is different, just as the capital structure of the firms, in which they invest.

  20. Geothermal handbook

    Science.gov (United States)

    1976-01-01

    The Bureau of Land Management offered over 400,000 hectares (one million acres) for geothermal exploration and development in 1975, and figure is expected to double this year. The Energy Research and Development Administration hopes for 10-15,000 megawatts of geothermal energy by 1985, which would require, leasing over 16.3 million hectares (37 million acres) of land, at least half of which is federal land. Since there is an 8 to 8-1/2 year time laf between initial exploration and full field development, there would have to be a ten-fold increase in the amount of federal land leased within the next three years. Seventy percent of geothermal potential, 22.3 million hectares (55 million acres), is on federal lands in the west. The implication for the Service are enormous and the problems immediate. Geothermal resource are so widespread they are found to some extent in most biomes and ecosystems in the western United States. In most cases exploitation and production of geothermal resources can be made compatible with fish and wildlife management without damage, if probable impacts are clearly understood and provided for before damage has unwittingly been allowed to occur. Planning for site suitability and concern with specific operating techniques are crucial factors. There will be opportunities for enhancement: during exploration and testing many shallow groundwater bodies may be penetrated which might be developed for wildlife use. Construction equipment and materials needed for enhancement projects will be available in areas heretofore considered remote projects will be available in areas heretofore considered remote by land managers. A comprehensive knowledge of geothermal development is necessary to avoid dangers and seize opportunities. This handbook is intended to serve as a working tool in the field. It anticipated where geothermal resource development will occur in the western United States in the near future. A set of environmental assessment procedures are

  1. Geothermal energy

    Directory of Open Access Journals (Sweden)

    Manzella A.

    2015-01-01

    Full Text Available Geothermal technologies use renewable energy resources to generate electricity and direct use of heat while producing very low levels of greenhouse-gas (GHG emissions. Geothermal energy is stored in rocks and in fluids circulating in the underground. Electricity generation usually requires geothermal resources temperatures of over 100°C. For heating, geothermal resources spanning a wider range of temperatures can be used in applications such as space and district heating (and cooling, with proper technology, spa and swimming pool heating, greenhouse and soil heating, aquaculture pond heating, industrial process heating and snow melting. Geothermal technology, which has focused so far on extracting naturally heated steam or hot water from natural hydrothermal reservoirs, is developing to more advanced techniques to exploit the heat also where underground fluids are scarce and to use the Earth as a potential energy battery, by storing heat. The success of the research will enable energy recovery and utilization from a much larger fraction of the accessible thermal energy in the Earth’s crust.

  2. A comparison of economic evaluation models as applied to geothermal energy technology

    Science.gov (United States)

    Ziman, G. M.; Rosenberg, L. S.

    1983-01-01

    Several cost estimation and financial cash flow models have been applied to a series of geothermal case studies. In order to draw conclusions about relative performance and applicability of these models to geothermal projects, the consistency of results was assessed. The model outputs of principal interest in this study were net present value, internal rate of return, or levelized breakeven price. The models used were VENVAL, a venture analysis model; the Geothermal Probabilistic Cost Model (GPC Model); the Alternative Power Systems Economic Analysis Model (APSEAM); the Geothermal Loan Guarantee Cash Flow Model (GCFM); and the GEOCOST and GEOCITY geothermal models. The case studies to which the models were applied include a geothermal reservoir at Heber, CA; a geothermal eletric power plant to be located at the Heber site; an alcohol fuels production facility to be built at Raft River, ID; and a direct-use, district heating system in Susanville, CA.

  3. Japanese geothermics

    International Nuclear Information System (INIS)

    Laplaige, P.

    1995-01-01

    At the end of the seventies, the NEDO (New Energy and Industrial Technology Development Organisation) and the Central Research Institute of Electric Power Industry have started two independent projects of deep geothermics research in Honshu island (Japan). The two sites are 50 km apart of each other and the boreholes have been drilled up to 2300 and 1100 m of depth, respectively, in hot-dry moderately fractured volcanic rocks. These sites are characterized by high geothermal gradients with a rock temperature reaching 250 C at the bottom of the wells. Hydraulic circulation tests are still in progress to evaluate the profitability of these sites. (J.S.). 1 fig., 1 photo

  4. Taxes and Venture Capital Support

    DEFF Research Database (Denmark)

    Keuschnigg, Christian; Nielsen, Søren Bo

    2003-01-01

    In this paper we set up a model of start-up finance under double moral hazard.Entrepreneurs lack own resources and business experience to develop their ideas.Venture capitalists can provide start-up finance and commercial support. The effortput forth by either agent contributes to the firm......-set may paradoxically contribute to higher quality of venturecapital finance and welfare. Subsidies to physical investment in VC-backed startupsare detrimental in our framework.Keywords: Venture capital, capital gains taxation, double moral hazard.JEL-Classification: D82, G24, H24, H25...

  5. What Determines Joint Venture Termination?

    DEFF Research Database (Denmark)

    Nielsen, Bo Bernhard

    2012-01-01

    Joint venture (JV) research continues to flourish as researchers seek to advance our understanding of why so many JVs fail. Cui and Kumar (this issue) take a contingency approach to explain how and why business relatedness may provide new insights as to what determines JV termination. This commen......Joint venture (JV) research continues to flourish as researchers seek to advance our understanding of why so many JVs fail. Cui and Kumar (this issue) take a contingency approach to explain how and why business relatedness may provide new insights as to what determines JV termination...

  6. Deep geothermics

    International Nuclear Information System (INIS)

    Anon.

    1995-01-01

    The hot-dry-rocks located at 3-4 km of depth correspond to low permeable rocks carrying a large amount of heat. The extraction of this heat usually requires artificial hydraulic fracturing of the rock to increase its permeability before water injection. Hot-dry-rocks geothermics or deep geothermics is not today a commercial channel but only a scientific and technological research field. The Soultz-sous-Forets site (Northern Alsace, France) is characterized by a 6 degrees per meter geothermal gradient and is used as a natural laboratory for deep geothermal and geological studies in the framework of a European research program. Two boreholes have been drilled up to 3600 m of depth in the highly-fractured granite massif beneath the site. The aim is to create a deep heat exchanger using only the natural fracturing for water transfer. A consortium of german, french and italian industrial companies (Pfalzwerke, Badenwerk, EdF and Enel) has been created for a more active participation to the pilot phase. (J.S.). 1 fig., 2 photos

  7. Staged Financing in Venture capital market.

    OpenAIRE

    Damania, Priti

    2009-01-01

    The report shows the venture capital decision making in staged financing from a real option perspective. The report also describes entrepreneur-venture capital relationship from a prisoner's dilemma approach.

  8. National companies : performance, ventures, utility

    International Nuclear Information System (INIS)

    Didier, F.

    1994-01-01

    The author shows how a performing National Company can efficiently contribute, in line with the producing State, to the negotiation with International Companies and the success of large oil ventures contemplated by reserves-short countries. Fully entrepreneurial, the National Company will usefully ''explore'' touchy matters, and bring closer national rationale and petroleum rationale. (Author)

  9. Gulf Canada's Russian joint venture

    International Nuclear Information System (INIS)

    Motyka, D.

    1992-01-01

    After three years of evaluating prospects and negotiating with government and industry representatives, Gulf Canada established its first joint venture in the Russian Federation with Komineft, a production association from the Komi autonomous republic. Komineft has a 50% share of the venture, and the rest is shared equally between Gulf and British Gas. The operating area is at the Vozey and Upper Vozey fields in the Timan-Pechora Basin, some 1,500 km northeast of Moscow just inside the Arctic Circle. An attractive feature of the Upper Vozey project is low development costs of ca $2/bbl. In the Vozey field, the venture will set up an enhanced oil recovery demonstration project to test techniques perfected in Alberta. About 60 Canadians are involved on the project, and headquarters are in Usinsk, ca 100 km south of the oil fields. In the first half of 1992, oil production in the first phase of the venture averaged around 10,000 bbl/d and continues to increase

  10. 22 CFR 228.34 - Joint ventures.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Joint ventures. 228.34 Section 228.34 Foreign Relations AGENCY FOR INTERNATIONAL DEVELOPMENT RULES ON SOURCE, ORIGIN AND NATIONALITY FOR COMMODITIES AND... Financing § 228.34 Joint ventures. A joint venture or unincorporated association is eligible only if each of...

  11. Russian upstream joint ventures logging progress

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports that Occidental Petroleum Corp. has begun exporting oil from Russia as part of an enhanced recovery joint venture in western Siberia. Oxy holds a 50% interest in the joint venture company, Vanyoganneft, and will market the oil. In other activity, two Canadian companies are marking progress with Russian upstream joint ventures

  12. Genome of Phaeocystis globosa virus PgV-16T highlights the common ancestry of the largest known DNA viruses infecting eukaryotes

    Science.gov (United States)

    Santini, Sebastien; Jeudy, Sandra; Bartoli, Julia; Poirot, Olivier; Lescot, Magali; Abergel, Chantal; Barbe, Valérie; Wommack, K. Eric; Noordeloos, Anna A. M.; Brussaard, Corina P. D.; Claverie, Jean-Michel

    2013-01-01

    Large dsDNA viruses are involved in the population control of many globally distributed species of eukaryotic phytoplankton and have a prominent role in bloom termination. The genus Phaeocystis (Haptophyta, Prymnesiophyceae) includes several high-biomass-forming phytoplankton species, such as Phaeocystis globosa, the blooms of which occur mostly in the coastal zone of the North Atlantic and the North Sea. Here, we report the 459,984-bp-long genome sequence of P. globosa virus strain PgV-16T, encoding 434 proteins and eight tRNAs and, thus, the largest fully sequenced genome to date among viruses infecting algae. Surprisingly, PgV-16T exhibits no phylogenetic affinity with other viruses infecting microalgae (e.g., phycodnaviruses), including those infecting Emiliania huxleyi, another ubiquitous bloom-forming haptophyte. Rather, PgV-16T belongs to an emerging clade (the Megaviridae) clustering the viruses endowed with the largest known genomes, including Megavirus, Mimivirus (both infecting acanthamoeba), and a virus infecting the marine microflagellate grazer Cafeteria roenbergensis. Seventy-five percent of the best matches of PgV-16T–predicted proteins correspond to two viruses [Organic Lake phycodnavirus (OLPV)1 and OLPV2] from a hypersaline lake in Antarctica (Organic Lake), the hosts of which are unknown. As for OLPVs and other Megaviridae, the PgV-16T sequence data revealed the presence of a virophage-like genome. However, no virophage particle was detected in infected P. globosa cultures. The presence of many genes found only in Megaviridae in its genome and the presence of an associated virophage strongly suggest that PgV-16T shares a common ancestry with the largest known dsDNA viruses, the host range of which already encompasses the earliest diverging branches of domain Eukarya. PMID:23754393

  13. Geothermal tomorrow 2008

    Energy Technology Data Exchange (ETDEWEB)

    None, None

    2009-01-18

    Contributors from the Geothermal Technologies Program and the geothermal community highlight the current status and activities of the Program and the development of the global resource of geothermal energy.

  14. Geothermal probabilistic cost study

    Energy Technology Data Exchange (ETDEWEB)

    Orren, L.H.; Ziman, G.M.; Jones, S.C.; Lee, T.K.; Noll, R.; Wilde, L.; Sadanand, V.

    1981-08-01

    A tool is presented to quantify the risks of geothermal projects, the Geothermal Probabilistic Cost Model (GPCM). The GPCM model is used to evaluate a geothermal reservoir for a binary-cycle electric plant at Heber, California. Three institutional aspects of the geothermal risk which can shift the risk among different agents are analyzed. The leasing of geothermal land, contracting between the producer and the user of the geothermal heat, and insurance against faulty performance are examined. (MHR)

  15. Geothermal energy

    Energy Technology Data Exchange (ETDEWEB)

    Gasparovic, N

    1962-07-01

    Live steam, transformed steam, and steam produced by expansion flashing are outlined with respect to their use in the production of electricity. The capacity, pressure, and temperature of a steam must be determined empirically by exploratory drilling. These factors are dependent on time and on the extent of nearby drilling-activity. Particulars of geothermal-steam power-plants such as steam dryness, hot-water flashing, condensation, gas extraction, and corrosion are discussed in detail. All available data (as per 1962) concerning the costs of operation and construction of geothermal power plants are tabulated. For space-heating purposes, two basic systems are utilized. When little corrosion or precipitation is expected, an open system is used, otherwise, closed systems are necessary. The space-heating system of Reykjavik, Iceland is cited as an example. A brief description of industrial applications of geothermal energy, such as the extraction of NaCl, D/sub 2/O, or boric acid, is provided. Thirty-two references are given.

  16. Operational slack and venture survival

    OpenAIRE

    Azadegan, Arash; Patel, Pankaj; Parida, Vinit

    2013-01-01

    Slack can act as a double-edged sword. While it can buffer against environmental threats to help ensure business continuity, slack canalso be costly and reduce profitability. In this study, we focus on operational slack, the form related to the firm’s production processes. We investigate the role of operational slack on firm survival during its venture stage, when its survival is significantly challenged by environmental threats. Specifically, we explore how change in three types of environme...

  17. Peculiarities of cyclic deformation and fracture of heat-resistant steel 10GN2MFA under conditions typical for the steam generator PGV-1000 collector material

    International Nuclear Information System (INIS)

    Giginyak, F.F.

    1998-01-01

    In the present paper, the results are discussed concerning investigations into the regularities of deformation and fracture of steel, 10GN2MFA under conditions close to those of actual operation when used in collectors of PGV-1000-type steam generators, which are in service with WWER-1000-type reactors of nuclear power plants (NPP). (author)

  18. Geothermal Modesty

    International Nuclear Information System (INIS)

    Anon.

    2004-01-01

    This publication of the Areva Group, a world nuclear industry leader, provides information on the energy in many domains. This issue deals with the uses for radioactivity, the future of the green electricity, the energy policy of Rhone-alps region, the end of the nuclear in Belgium, the nuclear propulsion to explore the solar system, the involvement of the Unites States in the hydrogen development, the gas exportation of China. A special part is devoted to the possibility of the geothermal energy. (A.L.B.)

  19. Study on promotion of venture business

    International Nuclear Information System (INIS)

    Kim, Hwa Sup; Song, Ki Dong; Chung, Whan Sam; Pae, Jang In; Choi, Young Duck; Rhee, Yong Duck; Kim, Seung Sim; Jeon, Hyoung Won

    2002-10-01

    This study reviewed the concepts of venture business and surveyed venture business support system nationwide. The venture business support system is summarized in depth to help the pre-entrepreneurs under establishing venture business. This study also reviewed the technology management system of KAERI and surveyed its historical accomplishment of technology transfer. Then, this study suggested its future direction by surveying the system of advanced countries and also suggested the measures to meet the future direction. The main finding of this study is that the direct investment to venture business by KAERI could greatly contribute to promoting venture business. Therefore, the government and KAERI should make efforts to change the technology management system toward the direct investment. Finally, this study concluded by offering policy suggestions to the government on improvement of technology management system

  20. Foreign Venture Capital Firm - Skye in China.

    OpenAIRE

    Hu, XiaoRui

    2007-01-01

    The reasons of why Tom Skype paid more attention to Venture Capital management have received more and more attentions from academic researchers in many current business studies. Based upon one case study in the Skype, this research has analyzed the significant of the Venture Capital. This research listed some differences of the situations in for the Skype and how it set up the Venture Capital strategic in China, then gave the author's own opinions to the research question.

  1. Venture Capitalists in Systems of Innovation

    DEFF Research Database (Denmark)

    Munk, Kasper B.; Vintergaard, Christian

    regional innovation systems.In attempt to locate and determine the potentials and importance of the venture capitalists in the innovationsystem a two-dimensional taxonomy is constructed and used to illuminate their role and position. Thetaxonomy gains insights through theoretical reasoning and the possible...... initiatives to be taken to raise venture capitalists to a more direct and formal role in the contextof systems of innovation.Key words: Venture capital, innovation systems, innovation....

  2. Internationale joint ventures - udvalgte selskabsretlige problemstillinger

    DEFF Research Database (Denmark)

    Sørensen, Karsten Engsig

    2001-01-01

    Artiklen behandler en række problemstillinger som er særlige for joint ventures stiftet i selskaber af aktie-, anpartsselskabstypen. Bl.a. behandles en række problemer omkring joint venture aftalens forhold til selskabets vedtægter samt en række problemstillinger knyttet til det forhold at der er...... etableret fælles kontrol over joint venture selskabet....

  3. Financing of Competing Projects with Venture Capital

    OpenAIRE

    Goldfain, Ekaterina; Kovac, Eugen

    2005-01-01

    We analyze innovation race in a moral hazard setting. We develop a model in which two competing entrepreneurs work independently on the same project. The entrepreneurs do not possess any wealth of their own and their research is financed by a venture capitalist. The project, if successful, generates a prize, which is to be shared between the winning entrepreneur and the venture capitalist. The venture capitalist cannot observe the allocation of funds he provides, which creates a moral hazard ...

  4. Venture Capital and Industrial ''Innovation''

    OpenAIRE

    Hirukawa, Masayuki; Ueda, Masako

    2008-01-01

    For the sample period of 1965-1992, Kortum and Lerner (2000) find that venture capital (VC) investments have a positive impact on patent count at industry level, and this impact is larger than that of R&D expenditures. We confirm that this positive impact continued to be present and became even stronger in late 90s during which VC industry experienced an unprecedented growth. We then proceed to study if this positive impact of VC is also present on productivity growth, which is a measure of i...

  5. Guidebook to Geothermal Finance

    Energy Technology Data Exchange (ETDEWEB)

    Salmon, J. P.; Meurice, J.; Wobus, N.; Stern, F.; Duaime, M.

    2011-03-01

    This guidebook is intended to facilitate further investment in conventional geothermal projects in the United States. It includes a brief primer on geothermal technology and the most relevant policies related to geothermal project development. The trends in geothermal project finance are the focus of this tool, relying heavily on interviews with leaders in the field of geothermal project finance. Using the information provided, developers and investors may innovate in new ways, developing partnerships that match investors' risk tolerance with the capital requirements of geothermal projects in this dynamic and evolving marketplace.

  6. Joint ventures: to pursue or not to pursue?

    Science.gov (United States)

    Blaszyk, Michael D; Hill-Mischel, Jody

    2007-11-01

    Hospitals should carefully select joint venture partners. The joint venture evaluation process should involve a high-level screen of strategic opportunities. Hospitals should develop a full business plan for the joint venture.

  7. A Layman's Guide to Geothermal Aquaculture

    Energy Technology Data Exchange (ETDEWEB)

    Smith, Kenan C

    1981-01-01

    The following paper is designed as an aid to anyone contemplating a venture into commercially raising giant freshwater prawns, Macrobrachium rosenbergii. Oregon Institute of Technology has been actively involved in a research program to determine the feasibility of such a venture and results to date have been very encouraging. This aquaculture research was initiated in 1975 and was developed as an effort to utilize excess energy from the school’s geothermal heating system. Therefore, most of the information gathered here, will apply to flow-through systems which use geothermal water to maintain a suitable environment for the animals. A study of the market potential for freshwater prawns has been conducted and a favorable response received from wholesale distributors in the Pacific Northwest. Not only is a good market available, but distributors have suggested paying from $4.50 to $5.00 per pound for whole prawns in the size category of 16 to 20 tails to the pound, for a constant fresh supply. By maintaining constant temperatures of 27 degrees Celsius (80 degrees Fahrenheit) ± 1 degree Celsius in our research ponds, we have been able to produce this size prawn in 6 to 8 months.

  8. Strategies for Creating New Venture Legitimacy

    Science.gov (United States)

    Karlsson, Tomas; Middleton, Karen Williams

    2015-01-01

    New ventures, being heavily subjected to liabilities of newness, are seen to engage in legitimacy strategies to overcome these liabilities. Building on an adapted theoretical framework of organizational legitimacy, self-reported weekly diaries of twelve entrepreneurs were analysed to identify strategies used by new ventures to create legitimacy.…

  9. Joint Ventures: A New Agenda for Education.

    Science.gov (United States)

    Griffin, Dean

    1989-01-01

    The author states that vocational education can join in partnerships with industry, labor, and government to contribute to economic development. Examples of current programs are included. The "joint venture" concept is explained and ideas for forming joint ventures are shared. (CH)

  10. A survey of venture capital research

    NARCIS (Netherlands)

    Hellmann, T.; Puri, M.L.; Da Rin, M.; Constantinides, G.; Harris, M.; Stulz, R.

    2013-01-01

    This survey reviews the growing body of academic work on venture capital. It lays out the major data sources used. It examines the work on venture capital investments in companies, looking at issues of selection, contracting, post-investment services and exits. The survey considers recent work on

  11. A Survey of Venture Capital Research

    NARCIS (Netherlands)

    Da Rin, M.; Hellmann, T.; Puri, M.L.

    2011-01-01

    This survey reviews the growing body of academic work on venture capital. It lays out the major data sources used. It examines the work on venture capital investments in companies, looking at issues of selection, contracting, post-investment services and exits. The survey considers recent work on

  12. Venture Capital Initiative: Ohio's School Improvement Effort.

    Science.gov (United States)

    Yoo, Soonhwa; Loadman, William E.

    In 1994 the Ohio State Legislature established Venture Capital to support school restructuring. The Venture Capital school initiative is a concept borrowed from the business community in which the corporate entity provides risk capital to parts of the organization to stimulate creative ideas and to provide opportunities for local entities to try…

  13. provider venture capital funds: investing in innovation.

    Science.gov (United States)

    Potter, Mary Jo; Wesslund, Rick

    2016-05-01

    As health systems continue to embrace disruptive innovation, they are increasingly likely to consider making a move into venture capital. Working in venture capital can benefit a health system in several ways, including: Allowing it to operate outside of bureaucracy and align projects with its core values. Encouraging innovation within the organization. Enabling it to respond quickly to changes in the market.

  14. Venture Capital Financing, Moral Hazard and Learning

    NARCIS (Netherlands)

    Bergemann, D.; Hege, U.

    1997-01-01

    We consider the provision of venture capital in a dynamic agency model. The value of the venture project is initially uncertain and more information arrives by developing the project. The allocation of the funds and the learning process are subject to moral hazard. The optimal contract is a

  15. Corporate Venturing, Allocation of Talent, and Competition for Star Managers

    OpenAIRE

    De Bettignies , Jean-Etienne; Chemla , Gilles

    2008-01-01

    We provide new rationales for corporate venturing, based on competition for talented managers. As returns to venturing increase, firms engage in corporate venturing for reasons other than capturing these returns. First, higher venturing returns increase managerial compensation, to which firms respond by increasing incentives. Managers increase effort, prompting firms to reallocate them to new ventures, where the marginal product of effort is highest. Second, as returns to venturing become lar...

  16. Multistage Selection and the Financing of New Ventures

    OpenAIRE

    Jonathan T. Eckhardt; Scott Shane; Frédéric Delmar

    2006-01-01

    Using a random sample of 221 new Swedish ventures initiated in 1998, we examine why some new ventures are more likely than others to successfully be awarded capital from external sources. We examine venture financing as a staged selection process in which two sequential selection events systematically winnow the population of ventures and influence which ventures receive financing. For a venture to receive external financing its founders must first select it as a candidate for external fundin...

  17. Overview of physician-hospital ventures.

    Science.gov (United States)

    Cohn, Kenneth H; Allyn, Thomas R; Rosenfield, Robert H; Schwartz, Richard

    2005-01-01

    An ongoing environment of reimbursement lagging behind escalating expenses has led physicians to explore new sources of revenue. The goal of physician-hospital ventures is to create a valuable entity that benefits patients, physicians, and the hospital. Physicians may choose to invest in healthcare facilities to improve patient care and obtain increased control over daily operations. If so, they should seek counsel to avoid violating Stark laws and anti-kickback laws. Modalities for investing in physician-hospital ventures are joint equity (stock) ventures, participating bond transactions (PBTs), and contractual integration, a new method to align the goals of specialists and hospital management without using joint equity ventures. Physicians and management should invest time in developing a shared vision of the future before beginning contract negotiations. Successful partnering requires transparency and stepwise building of trust. The greatest gain in joint ventures arises when both sides become active owners, rather than passive investors.

  18. Geothermal Technologies Program: Alaska

    Energy Technology Data Exchange (ETDEWEB)

    2005-02-01

    This fact sheets provides a summary of geothermal potential, issues, and current development in Alaska. This fact sheet was developed as part of DOE's GeoPowering the West initiative, part of the Geothermal Technologies Program.

  19. South Dakota geothermal handbook

    Energy Technology Data Exchange (ETDEWEB)

    1980-06-01

    The sources of geothermal fluids in South Dakota are described and some of the problems that exist in utilization and materials selection are described. Methods of heat extraction and the environmental concerns that accompany geothermal fluid development are briefly described. Governmental rules, regulations and legislation are explained. The time and steps necessary to bring about the development of the geothermal resource are explained in detail. Some of the federal incentives that encourage the use of geothermal energy are summarized. (MHR)

  20. Venture investing opportunities in superconductivity

    International Nuclear Information System (INIS)

    Zschau, E.

    1987-01-01

    The authors provide an assessment of the venture investing opportunities in superconductivity and some guidelines to follow. There were many elements that made Silicon Valley a leader in technology, not the least of which were the distinguished research universities located here. However, the application of the research results that they produced was done by groups of extraordinary people--people who had ideas, who were willing to take risks, and who inspired others to follow them into the unknown. They sometimes succeeded, but they often didn't. However, they never stopped trying. People like that will be the key to success in advancing and applying superconductivity technology just as they have been in semiconductors

  1. Venture Investment Incentive Mechanisms and Simulation with Venture Entrepreneurs Having Multistage Efforts Based on Fairness Preference Theory

    Directory of Open Access Journals (Sweden)

    Kaihong Wang

    2016-01-01

    Full Text Available When venture capital has been invested into venture companies, venture capitalists and venture entrepreneurs form a principal-agent relationship. Take into account the fact that the venture entrepreneur’s effort is a long process, because the effort is not the same at different stage. Therefore, efforts variables are seen as the multistage dynamic variable, and venture investment principal-agent model with venture entrepreneurs having multistage efforts is constructed on the basis of the classic principal-agent theory in the paper. Further, in the later stage effort of venture entrepreneurs is affected by the size of prestage benefit with venture capitalists and venture entrepreneurs; thus the fairness preference model is improved, and venture investment principal-agent model with venture entrepreneurs having multistage efforts is constructed on the basis of fairness preference theory. Both theoretical derivation and simulation have demonstrated that, under the condition of information asymmetry, if the fairness preference of venture entrepreneurs holds, then (1 venture capitalists provide venture entrepreneurs with level higher than that without fairness preference, (2 in every single stage venture entrepreneurs make efforts higher than those without fairness preference, and (3 in two periods both venture investors and venture entrepreneurs gain total real gains higher than those in two periods without fair preference.

  2. The joint venture alternative to mergers.

    Science.gov (United States)

    Enders, R J

    1995-02-01

    However, while a joint venture may be "safe" from antitrust challenge, it is not without some practical difficulties, especially with respect to consolidating services at one location or jointly offering services provided at multiple facilities. These practical concerns include: 1. Who will exercise operational management of the joint venture? 2. How will the joint venture deal with different pricing for services that will be provided at multiple locations? 3. What criteria will be used to decide the location at which consolidated tertiary services will be offered? 4. In what circumstances can the joint venture be unwound, either in its entirety or as to discrete functions? When clinical services have been consolidated at one location, there is an appropriate concern by the other hospital that it will be unable to provide or re-enter the market for those services if the joint venture dissolves. These operational concerns, of course, are not addressed in the Consent Decree. Thus, even if a joint venture relationship survives antitrust scrutiny, the parties must still negotiate and resolve these operational issues in order for the joint venture to be viable.

  3. Raising venture capital in the biopharma industry.

    Science.gov (United States)

    Leytes, Lev J

    2002-11-15

    Raising venture capital (VC) is both an art and a science. Future entrepreneurs should carefully consider the various issues of VC financing that have a strong impact on the success of their business. In addition to attracting the best venture capital firms, these issues include such subtle but important points as the timing of financing (especially of the first round), external support sources, desirable qualities of a VC firm, amount to be raised, establishing a productive interface between the founders and the venture capitalists, and most importantly the effects of well-executed VC funding on hiring senior executives and scientific leaders.

  4. Taxation and venture capital-backed entrepreneurship

    DEFF Research Database (Denmark)

    Keuschnigg, Christian; Nielsen, Søren Bo

    2003-01-01

    In recent years, venture capital has increasingly become a factor in thefinancing of new firms. We examine how the value of mature firms determinesthe incentives of entrepreneurs to start up new firms and of venture capitaliststo finance and advise them. We examine how capital gains taxes as well...... assubsidies to start-up costs of new firms affect venture capital-backedentrepreneurship. We also argue that dividend and capital gains taxes onmature firms have important consequences for start-up firms as well.JEL Classification: D82, G24, H24 and H25Keywords: double moral hazard, entrepreneurship, taxes...

  5. Geothermal fields of China

    Science.gov (United States)

    Kearey, P.; HongBing, Wei

    1993-08-01

    There are over 2500 known occurrences of geothermal phenomena in China. These lie mainly in four major geothermal zones: Xizang (Tibet)-Yunnan, Taiwan, East Coast and North-South. Hot water has also been found in boreholes in major Mesozoic-Cenozoic sedimentary basins. This paper presents a summary of present knowledge of these geothermal zones. The geological settings of geothermal occurrences are associated mainly with magmatic activity, fault uplift and depressional basins and these are described by examples of each type. Increased multipurpose utilisation of geothermal resources is planned and examples are given of current usages.

  6. World geothermal congress

    International Nuclear Information System (INIS)

    Povarov, O.A.; Tomarov, G.V.

    2001-01-01

    The World geothermal congress took place in the period from 28 May up to 10 June 2000 in Japan. About 2000 men from 43 countries, including specialists in the area of developing geothermal fields, creating and operating geothermal electrical and thermal plants and various systems for the earth heat application, participated in the work of the Congress. It was noted at the Congress, that development of the geothermal power engineering in the world is characterized by the large-scale application of geothermal resources for the electrical energy generation [ru

  7. Hawaii geothermal project

    Science.gov (United States)

    Kamins, R. M.

    1974-01-01

    Hawaii's Geothermal Project is investigating the occurrence of geothermal resources in the archipelago, initially on the Island of Hawaii. The state's interest in geothermal development is keen, since it is almost totally dependent on imported oil for energy. Geothermal development in Hawaii may require greater participation by the public sector than has been true in California. The initial exploration has been financed by the national, state, and county governments. Maximization of net benefits may call for multiple use of geothermal resources; the extraction of by-products and the application of treated effluents to agricultural and aquacultural uses.

  8. Geothermal for kids

    International Nuclear Information System (INIS)

    Nemzer, M.; Condy, M.

    1990-01-01

    This paper reports that educating children about geothermal energy is crucial to the future growth of the geothermal industry. The Geothermal Education Office (GEO) was founded in 1989 to provide materials and support to teachers and the geothermal community in educating grades K-12 about geothermal energy. GEO's goals are to: provide easy access to or referral to appropriate sources of geothermal information; foster teacher interest; create posters, booklets, lesson plans and other educational materials; monitor and review textbooks, encyclopedias and other educational materials distributed by educational groups to ensure inclusion of appropriate, accurate information and to encourage fair treatment of alternative energy resources; contribute articles to industry, science and educational publications; and foster communication and cooperation among GEO, the geothermal industry, government agencies, and educational and environmental groups

  9. Geothermal energy in Jordan

    International Nuclear Information System (INIS)

    Al-Dabbas, Moh'd A. F.

    1993-11-01

    The potential of geothermal energy utilization in Jordan was discussed. The report gave a summary of the location of geothermal anomalies in Jordan, and of ongoing projects that utilize geothermal energy for greenhouse heating, fish farming, refrigeration by absorption, and water desalination of deep aquifers. The problems facing the utilization of geothermal energy in Jordan were identified to be financial (i.e. insufficient allocation of local funding, and difficulty in getting foreign financing), and inadequate expertise in the field of geothermal energy applications. The report gave a historical account of geothermal energy utilization activities in Jordan, including cooperation activities with international organizations and foreign countries. A total of 19 reports already prepared in the areas of geochemical and hydrological studies were identified. The report concluded that the utilization of geothermal energy offers some interesting economic possibilities. (A.M.H.). 4 refs. 1 map

  10. 15 CFR 296.8 - Joint venture agreement.

    Science.gov (United States)

    2010-01-01

    ... 15 Commerce and Foreign Trade 1 2010-01-01 2010-01-01 false Joint venture agreement. 296.8 Section... PROGRAM General § 296.8 Joint venture agreement. NIST shall not issue a TIP award to a joint venture and no costs shall be incurred under a TIP project by the joint venture members until such time as a...

  11. GOVERNMENT INTERVENTIONS IN THE VENTURE CAPITAL MARKET HOW JEREMIE AFFECTS THE HUNGARIAN VENTURE CAPITAL MARKET?

    OpenAIRE

    Fazekas Balazs

    2014-01-01

    JEREMIE (Joint European Resources for Micro to Medium Enterprises) program was implemented as a part of the EU cohesion policy in the framework of 2007-2013 programming period. The primary objective of the program was to enhance the financing prospects of SME’s through structural funds that provide financial engineering instruments like loan, guarantee and venture capital. This paper focuses on the effects of JEREMIE on Hungary’s venture capital market. Since 2010, 28 JEREMIE backed venture c...

  12. Migratory Bird Joint Ventures of New Mexico

    Data.gov (United States)

    Earth Data Analysis Center, University of New Mexico — A joint venture is a self-directed partnership of agencies, organizations, corporations, tribes, or individuals that has formally accepted the responsibility of...

  13. Evolution of the uranium joint venture

    International Nuclear Information System (INIS)

    Bloomenthal, H.S.

    1976-01-01

    This paper concentrates on the economic realities of the joint venture in order to anticipate the basic problems that will be encountered so as to permit legislating by contrast how the problems are to be handled as between the parties

  14. Economic analysis of venture capital funds rate of return on venture activity

    Directory of Open Access Journals (Sweden)

    Usatenko O.V.

    2017-08-01

    Full Text Available The research deals with the topic of the analysis of venture capital funds’ rate of return on venture activity. The discovered venture capital funds have such a peculiarity as the involved investors of various types and concentrated financial resources, which lead to advantages in investing. Based on the analyzed scientific approaches to the evaluation of income rate met by various economic entities the paper determines the optimal indicators of such an analysis developed due to the article research. They are supposed to improve significantly the process of making decisions on venture capital investments. The author suggests to evaluate venture capital funds rate of return on venture activity by means of the basic four indicators usually employed for investment efficiency definition: net profit, internal rate of return, return period and return index. The research presents the examination of rates of return on venture activity of venture capital funds being controlled by a single asset management company. Thus, one can estimate not only the rate of return on venture activity, but also the efficiency of control taken by an asset management company.

  15. New venture creation as emerging interdependencies

    DEFF Research Database (Denmark)

    van Oorschot, Robin; Gottlieb, Frederik

    2015-01-01

    into an evocative and analytical direction which is rarely touched upon in the dominant literature on entrepreneurship. We illustrate the value of narrative research in enabling us to investigate what new venture creation is, from an involved participant perspective. We find interdependencies as enabling...... constraints between the persons involved in creating the new venture, paradoxically at the same time opening up and closing down opportunities, which affects the decision making....

  16. Entrepreneurial Learning, Heuristics and Venture Creation

    OpenAIRE

    RAUF, MIAN SHAMS; ZAINULLAH, MOHAMMAD

    2009-01-01

    After rigorous criticism on trait approach and with the emergence of behavioral approach in entrepreneurship during 1980s, the researchers started to introduce learning and cognitive theories in entrepreneurship to describe and explain the dynamic nature of entrepreneurship. Many researchers have described venture creation as a core and the single most important element of entrepreneurship. This thesis will discuss and present the role of entrepreneurial learning and heuristics in venture cre...

  17. Aksa plans polypropylene joint venture

    International Nuclear Information System (INIS)

    Alperowicz, N.

    1992-01-01

    Turkish acrylic fiber maker Aksa (Yalova), part of the Akkok textile conglomerate, is studying construction of a world-scale polypropylene (PP) plant as part of its diversification plans. The company says it is engaged in discussions with three 'multinations in the PP business' on the possibility of a joint venture. One of the firms is understood to be Amoco. Aksa is looking at three possible locations for the 100,000 m.t.-150,000 m.t./year plant: Yalova, near Istanbul, where its existing plants are located; Zonguldak, on the Black Sea coast; and within one of the existing complexes or a new site belonging to state-owned Petkim. Aksa has not yet discussed that option with Petkim, which recently received approval to build a $2.5-billion petrochemical complex. The Aksa PP plant would cost about $100 million and would use propylene from world markets. The onstream date depends on Aksa's ability to link up with a foreign partner, but it hopes to complete the unit within three years. Turkey has only one PP plant, a 65,000-m.t./year Petkim unit at Aliaga. The domestic market is currently two to three times that amount and is growing. Petkim also plans a 200,000-m.t./year PP plant as part of its new complex

  18. Sustainable Venture Capital Investments: An Enabler Investigation

    Directory of Open Access Journals (Sweden)

    Elena Antarciuc

    2018-04-01

    Full Text Available Investing in sustainable projects can help tackle the current sustainability challenges. Venture capital investments can contribute significantly to the growth of sustainable start-ups. Sustainable venture capital (SVC research is just emerging. This paper identifies enablers for sustainable venture capital investments in Saudi Arabia taking into account different stakeholders and firm’s tangible and intangible resources. Using perspectives from venture capital experts in Saudi Arabia and the grey-based Decision-Making Trial and Evaluation Laboratory (DEMATEL method, this study pinpoints the most critical enablers and investigates their causal and effect interconnections. The methodological process consists of reviewing the SVC literature and consulting the experts to identify the SVC enablers, creating a questionnaire, acquiring the answers from four experts, analyzing the data with grey-based DEMATEL and performing a sensitivity analysis. The government use of international standards, policies and regulations for sustainable investments, the commitment of the venture capitalists to sustainability and their deep understanding of sustainable business models are the most influential enablers. The paper concludes with implications for different actors, limitations and prospective directions for the sustainable venture capital research.

  19. Venture business and control of ь organizations under globalization

    OpenAIRE

    Ostap Boiko; Olga Pogaidak; Petro Khariv

    2015-01-01

    The activity of venture companies and peculiarities of each management stage of venture financing which in modern terms is quite risky has been described in the article. The state of venture entrepreneurship in the world and in Ukraine has been analyzed, the main problems faced by domestic venture enterprises have been outlined and ways of their solution have been determined. The method of forming the system for the venture controlling at industrial...

  20. Business Plans in New Ventures : An Institutional Perspective

    OpenAIRE

    Karlsson, Tomas

    2005-01-01

    This thesis is about business plans in new ventures. It takes an institutional perspective with a particular focus on how external actors influence ventures through norms, regulations and way of thinking. Through an intensive study of six new ventures at a business incubator, and a structured, computer-aided analysis, this study probes the following questions: How are new ventures influenced to write business plans, and what sources influence them? What strategies do new ventures use to deal ...

  1. GOVERNMENT INTERVENTIONS IN THE VENTURE CAPITAL MARKET HOW JEREMIE AFFECTS THE HUNGARIAN VENTURE CAPITAL MARKET?

    Directory of Open Access Journals (Sweden)

    Fazekas Balazs

    2014-07-01

    Full Text Available JEREMIE (Joint European Resources for Micro to Medium Enterprises program was implemented as a part of the EU cohesion policy in the framework of 2007-2013 programming period. The primary objective of the program was to enhance the financing prospects of SME’s through structural funds that provide financial engineering instruments like loan, guarantee and venture capital. This paper focuses on the effects of JEREMIE on Hungary’s venture capital market. Since 2010, 28 JEREMIE backed venture capital funds were founded in four rounds and 130 billion HUF capital was allocated into these funds with the contribution of Hungarian government. A well-established venture capital market can boost entrepreneurship and innovation, therefore economic growth which is the foundation of government involvement. On the other hand, there is an extensive literature highlighting the limits and possible drawbacks of the active role of public sector in the venture capital market. There is a consensus in the literature that in the long run the extensive role of government in venture capital industry is counterproductive. Substituting market participants by government agencies will hardly result in a competitive and efficient market. However, temporarily as a catalyst public sector can contribute to the development of venture capital market. Direct government intervention supportable temporarily only in the infancy of the industry. The primary objective of every program must be to develop the market to the level where it becomes self-sustaining. This way the success of these programs must not be measured only by the amount of invested capital, financial performance of venture capital funds and venture capital backed companies. Raising private sector awareness and the progress of necessary institutions are also the criteria of a successful program. During the design and implementation of venture capital agendas these aspects must be taken into consideration. This

  2. Geothermal energy worldwide

    International Nuclear Information System (INIS)

    Barbier, Enriko

    1997-01-01

    Geothermal energy, as a natural steam and hot water, has been exploited for decades in order to generate electricity as well as district heating and industrial processes. The present geothermal electrical installed capacity in the world is about 10.000 MWe and the thermal capacity in non-electrical uses is about 8.200 MWt. Electricity is produced with an efficiency of 10-17%, and the cost of the kWh is competitive with conventional energy sources. In the developing countries, where a total installed electrical power is still low, geothermal energy can play a significant role: in El Salvador, for example, 25% of electricity comes from geothermal spring, 20% in the Philippines and 8% in Kenya. Present technology makes it possible to control the environmental impact of geothermal exploitation. Geothermal energy could also be extracted from deep geopressured reservoirs in large sedimentary basins, hot dry rock systems and magma bodies. (author)

  3. GEOTHERMAL GREENHOUSING IN TURKEY

    Directory of Open Access Journals (Sweden)

    Sedat Karaman

    2016-07-01

    Full Text Available Use of renewable energy resources should be brought forward to reduce heating costs of greenhouses and to minimize the use of ever-depleting fossil fuels. Geothermal energy not only provides the heat required throughout plant growth, but also allow a year-long production. Geothermal resources with several other benefits therefore play significant role in agricultural activities. With regard to geothermal potential and implementation, Turkey has the 7th place in the world and the 1st place in Europe. Majority of country geothermal resources is used in greenhouse heating. The size of geothermal greenhouses increased 5 folds during the last decade and reached to 2500 decare. In this study, current status of geothermal greenhousing of Turkey was presented; problems and possible solutions were discussed.

  4. Coordination of geothermal research

    Energy Technology Data Exchange (ETDEWEB)

    Jessop, A.M.; Drury, M.J.

    1983-01-01

    Visits were made in 1983 to various investigators and institutions in Canada to examine developments in geothermal research. Proposals for drilling geothermal wells to provide hot water for heating at a college in Prince Edward Island were made. In Alberta, the first phase of a program examining the feasibility of mapping sedimentary geothermal reservoirs was discussed. Some sites for possible geothermal demonstration projects were identified. In British Columbia, discussions were held between BC Hydro and Energy, Mines and Resources Canada on the drilling of a research hole into the peak of a temperature anomaly in the Meager Creek Valley. The British Columbia government has offered blocks of land in the Mount Cayley volcanic complex for lease to develop geothermal resources. A list of papers of interest to the Canadian geothermal energy program is appended.

  5. The geothermal power organization

    Energy Technology Data Exchange (ETDEWEB)

    Scholl, K.L. [National Renewable Energy Lab., Golden, CO (United States)

    1997-12-31

    The Geothermal Power Organization is an industry-led advisory group organized to advance the state-of-the-art in geothermal energy conversion technologies. Its goal is to generate electricity from geothermal fluids in the most cost-effective, safe, and environmentally benign manner possible. The group achieves this goal by determining the Member`s interest in potential solutions to technological problems, advising the research and development community of the needs of the geothermal energy conversion industry, and communicating research and development results among its Members. With the creation and adoption of a new charter, the Geothermal Power Organization will now assist the industry in pursuing cost-shared research and development projects with the DOE`s Office of Geothermal Technologies.

  6. Geothermal Today - 1999

    Energy Technology Data Exchange (ETDEWEB)

    None

    2000-05-01

    U.S. Department of Energy 1999 Geothermal Energy Program Highlights The Hot Facts Getting into Hot Water Turning Waste water into Clean Energy Producing Even Cleaner Power Drilling Faster and Cheaper Program in Review 1999: The Year in Review JanuaryCal Energy announced sale of Coso geothermal power plants at China Lake, California, to Caithness Energy, for $277 million. U.S. Export-Import Bank completed a $50 million refinancing of the Leyte Geothermal Optimization Project in the Philippines. F

  7. Success in geothermal development

    International Nuclear Information System (INIS)

    Stefansson, V.

    1992-01-01

    Success in geothermal development can be defined as the ability to produce geothermal energy at compatible energy prices to other energy sources. Drilling comprises usually the largest cost in geothermal development, and the results of drilling is largely influencing the final price of geothermal energy. For 20 geothermal fields with operating power plants, the ratio between installed capacity and the total number of well in the field is 1.9 MWe/well. The drilling history in 30 geothermal fields are analyzed by plotting the average cumulative well outputs as function of the number of wells drilled in the field. The range of the average well output is 1-10 MWe/well with the mean value 4.2 MWe/well for the 30 geothermal fields studied. A leaning curve is defined as the number of wells drilled in each field before the average output per well reaches a fairly constant value, which is characteristic for the geothermal reservoir. The range for this learning time is 4-36 wells and the average is 13 wells. In general, the average well output in a given field is fairly constant after some 10-20 wells has been drilled in the field. The asymptotic average well output is considered to be a reservoir parameter when it is normalized to the average drilling depth. In average, this reservoir parameter can be expressed as 3.3 MWe per drilled km for the 30 geothermal fields studied. The lifetime of the resource or the depletion time of the geothermal reservoir should also be considered as a parameter influencing the success of geothermal development. Stepwise development, where the reservoir response to the utilization for the first step is used to determine the timing of the installment of the next step, is considered to be an appropriate method to minimize the risk for over investment in a geothermal field

  8. Geothermal Power Technologies

    DEFF Research Database (Denmark)

    Montagud, Maria E. Mondejar; Chamorro, C.R.

    2017-01-01

    Although geothermal energy has been widely deployed for direct use in locations with especial geologic manifestations, its potential for power generation has been traditionally underestimated. Recent technology developments in drilling techniques and power conversion technologies from low......-temperature heat resources are bringing geothermal energy to the spotlight as a renewable baseload energy option for a sustainable energy mix. Although the environmental impact and economic viability of geothermal exploitation must be carefully evaluated for each case, the use of deep low-temperature geothermal...... reservoirs could soon become an important contributor to the energy generation around the world....

  9. Geothermal reservoir engineering

    CERN Document Server

    Grant, Malcolm Alister

    2011-01-01

    As nations alike struggle to diversify and secure their power portfolios, geothermal energy, the essentially limitless heat emanating from the earth itself, is being harnessed at an unprecedented rate.  For the last 25 years, engineers around the world tasked with taming this raw power have used Geothermal Reservoir Engineering as both a training manual and a professional reference.  This long-awaited second edition of Geothermal Reservoir Engineering is a practical guide to the issues and tasks geothermal engineers encounter in the course of their daily jobs. The bo

  10. Geothermal Energy Program overview

    International Nuclear Information System (INIS)

    1991-12-01

    The mission of the Geothermal Energy Program is to develop the science and technology necessary for tapping our nation's tremendous heat energy sources contained with the Earth. Geothermal energy is a domestic energy source that can produce clean, reliable, cost- effective heat and electricity for our nation's energy needs. Geothermal energy -- the heat of the Earth -- is one of our nation's most abundant energy resources. In fact, geothermal energy represents nearly 40% of the total US energy resource base and already provides an important contribution to our nation's energy needs. Geothermal energy systems can provide clean, reliable, cost-effective energy for our nation's industries, businesses, and homes in the form of heat and electricity. The US Department of Energy's (DOE) Geothermal Energy Program sponsors research aimed at developing the science and technology necessary for utilizing this resource more fully. Geothermal energy originates from the Earth's interior. The hottest fluids and rocks at accessible depths are associated with recent volcanic activity in the western states. In some places, heat comes to the surface as natural hot water or steam, which have been used since prehistoric times for cooking and bathing. Today, wells convey the heat from deep in the Earth to electric generators, factories, farms, and homes. The competitiveness of power generation with lower quality hydrothermal fluids, geopressured brines, hot dry rock, and magma ( the four types of geothermal energy) still depends on the technical advancements sought by DOE's Geothermal Energy Program

  11. International New Venture Legitimation: An Exploratory Study

    Directory of Open Access Journals (Sweden)

    Romeo V. Turcan

    2013-11-01

    Full Text Available There is limited theoretical understanding and empirical evidence for how international new ventures legitimate. Drawing from legitimation theory, this study fills in this gap by exploring how international new ventures legitimate and strive for survival in the face of critical events during the process of their emergence. It is a longitudinal, multiple-case study research that employs critical incident technique for data collection, analysis, and interpretation. Following theory driven sampling, five international new ventures were selected that were operating in the software sector in the UK, and had internationalized and struggled for survival during the dotcom era. Grounded in data, this study corroborates a number of legitimation strategies yielded by prior research and refutes others. It further contributes to our understanding of international new venture legitimation by suggesting new types of legitimation strategies: technology, operating, and anchoring. Studying international new ventures through theoretical lenses of legitimation is a promising area of research that would contribute to the advancement of international entrepreneurship theory.

  12. Geothermal research in the Vulcano Island

    Energy Technology Data Exchange (ETDEWEB)

    Silvano, A.

    1985-03-01

    In 1952-1953 AGIP drilled some geothermal wells in the Vulcano Island: these wells had experimental peculiarity, reaching a depth of about 230 meters. Located near the famous ''Porto di Levante'' hot springs, they were tested showing a low production (a mixture of water and steam). For several reasons the exploration in the area has been stopped for years until 1982 when some geological and geophysical surveys were carried on by a joint-venture among AGIP S.p.A., Ente Minerario Siciliano and Ente Nazionale Energia Elettrica. With the financial support of ECC a well has been drilled (total depth 2050 meters): all the sediments have volcanic nature with very low or absent permeability, but with very high temperature gradient (more than 420/sup 0/C at the bottom), encouraging to continue the research.

  13. Geothermal Today: 2003 Geothermal Technologies Program Highlights (Revised)

    Energy Technology Data Exchange (ETDEWEB)

    2004-05-01

    This outreach publication highlights milestones and accomplishments of the DOE Geothermal Technologies Program for 2003. Included in this publication are discussions of geothermal fundamentals, enhanced geothermal systems, direct-use applications, geothermal potential in Idaho, coating technology, energy conversion R&D, and the GeoPowering the West initiative.

  14. Instant Internationalization of Emerging Economy New Ventures

    DEFF Research Database (Denmark)

    Turcan, Romeo V.

    2012-01-01

    Being positioned and the intersection of international entrepreneurship and institutional theory, this study explores the process of instant internationalization of new ventures from emerging economies. It adopts a single-case study methodology, purposefully selecting an information-rich case where...... context of an emerging industry. Yet another set of contributions concerns the legitimation process of internationalization of a new venture from an emerging economy. A number of propositions are put forward to guide future research....... the phenomenon is manifested intensely, but not extremely. A family-owned venture located in Moldova that is in the business of processing fruit and vegetables was selected for this study. It started up in 2000 and from its inception the sales from exports grew almost 120% per year. Data collection took place...

  15. New ventures shape up for Russian projects

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    This paper reports that the foreign presence in the Soviet oil industry is destined to grow as a result of ventures by Canadian, British, and French companies. Gulf Canada Resources Ltd., Calgary, last week disclosed the government of the Russian republic has granted approvals necessary to enable Gulf Canada and British Gas plc's KomiArctic Oil joint venture to begin production operations immediately. The approvals follow the registration of Komi Arctic Oil by the Minister of Finance of the Russian Federation in November, at which time it became a legally constituted independent company in Russia. Canadian Fracmaster Ltd., also of Calgary, disclosed it plans to spend $75-100 million on three new joint venture production deals in the Russian republic in 1992

  16. Geothermal Financing Workbook

    Energy Technology Data Exchange (ETDEWEB)

    Battocletti, E.C.

    1998-02-01

    This report was prepared to help small firm search for financing for geothermal energy projects. There are various financial and economics formulas. Costs of some small overseas geothermal power projects are shown. There is much discussion of possible sources of financing, especially for overseas projects. (DJE-2005)

  17. Geothermal energy for greenhouses

    Science.gov (United States)

    Jacky Friedman

    2009-01-01

    Geothermal energy is heat (thermal) derived from the earth (geo). The heat flows along a geothermal gradient from the center of the earth to the surface. Most of the heat arrives at the surface of the earth at temperatures too low for much use. However, plate tectonics ensure that some of the heat is concentrated at temperatures and depths favorable for its commercial...

  18. Prospects of geothermal energy

    International Nuclear Information System (INIS)

    Manzella, A.; Bianchi, A.

    2008-01-01

    Geothermal energy has great potential as a renewable energy with low environmental impact, the use of heat pumps is becoming established in Italy but the national contributions are still modest when compared to other nations. Mature technologies could double the installed geothermal power in Italy at 2020. [it

  19. External legitimation in international new ventures

    DEFF Research Database (Denmark)

    Turcan, Romeo V.

    2012-01-01

    This paper explores within the framework of new venture legitimation how and why international new ventures acquire external legitimacy and strive for survival in the face of critical events. Following a longitudinal multiple-case study methodology that was adopted for the purpose of theory...... building, the paper introduces the typology of captivity, and the four types that have emerged: captive industry supplier, captive dyadic partner, captive market leader, and free market leader. The effects of captivity types on the acquisition of external legitimacy and its survival, on reaching legitimacy...

  20. Renewability of geothermal resources

    Energy Technology Data Exchange (ETDEWEB)

    O' Sullivan, Michael; Yeh, Angus [Department of Engineering Science, University of Auckland, Auckland (New Zealand); Mannington, Warren [Contact Energy Limited, Taupo (New Zealand)

    2010-12-15

    In almost all geothermal projects worldwide, the rate of extraction of heat energy exceeds the pre-exploitation rate of heat flow from depth. For example, current production of geothermal heat from the Wairakei-Tauhara system exceeds the natural recharge of heat by a factor of 4.75. Thus, the current rate of heat extraction from Wairakei-Tauhara is not sustainable on a continuous basis, and the same statement applies to most other geothermal projects. Nevertheless, geothermal energy resources are renewable in the long-term because they would fully recover to their pre-exploitation state after an extended shut-down period. The present paper considers the general issue of the renewability of geothermal resources and uses computer modeling to investigate the renewability of the Wairakei-Tauhara system. In particular, modeling is used to simulate the recovery of Wairakei-Tauhara after it is shut down in 2053 after a hundred years of production. (author)

  1. Report on a mission to the Philippines regarding the opportunities for private investment in geothermal power generation

    International Nuclear Information System (INIS)

    1990-12-01

    The Philippines has a rich potential for geothermal energy development, according to the assessment of opportunities for U.S. private investment in the sector. Areas covered in detail are the Philippines' geothermal resources, the legal structure of the geothermal industry, conditions acting as stimuli to geothermal power generation, and interest in private geothermal investment. Major finding are as follows. (1) The Philippine geothermal power industry is the world's second largest. (2) Geothermal resources are owned by the Government of the Philippines and a complex legal structure governs their exploitation. (3) Since the Philippines is poor in most energy resources (e.g., coal, oil, and gas), use of geothermal energy is necessary. (4) Despite legal and structural obstacles, various foreign private enterprises are interested in participating in geothermal development. Two possible options for U.S. investors are presented: a joint venture with the National Oil Company, and negotiation of a service contract, either alone or with a Philippine partner, for a concession on land administered by the Office of Energy Affairs

  2. Geothermal country update of Japan

    International Nuclear Information System (INIS)

    Higo, M.

    1990-01-01

    This paper reports on the status of geothermal energy in Japan. Topics covered include: present and planned production of electricity, present utilization of geothermal energy for direct heat, information about geothermal localities, and wells drilled for electrical utilization of geothermal resources to January 1, 1990

  3. Geothermal energy: a brief assessment

    Energy Technology Data Exchange (ETDEWEB)

    Lunis, B.C.; Blackett, R.; Foley, D. (eds.)

    1982-07-01

    This document includes discussions about geothermal energy, its applications, and how it is found and developed. It identifies known geothermal resources located in Western's power marketing area, and covers the use of geothermal energy for both electric power generation and direct applications. Economic, institutional, environmental, and other factors are discussed, and the benefits of the geothermal energy resource are described.

  4. Advanced Geothermal Turbodrill

    Energy Technology Data Exchange (ETDEWEB)

    W. C. Maurer

    2000-05-01

    Approximately 50% of the cost of a new geothermal power plant is in the wells that must be drilled. Compared to the majority of oil and gas wells, geothermal wells are more difficult and costly to drill for several reasons. First, most U.S. geothermal resources consist of hot, hard crystalline rock formations which drill much slower than the relatively soft sedimentary formations associated with most oil and gas production. Second, high downhole temperatures can greatly shorten equipment life or preclude the use of some technologies altogether. Third, producing viable levels of electricity from geothermal fields requires the use of large diameter bores and a high degree of fluid communication, both of which increase drilling and completion costs. Optimizing fluid communication often requires creation of a directional well to intersect the best and largest number of fracture capable of producing hot geothermal fluids. Moineau motor stators made with elastomers cannot operate at geothermal temperatures, so they are limited to the upper portion of the hole. To overcome these limitations, Maurer Engineering Inc. (MEI) has developed a turbodrill that does not use elastomers and therefore can operate at geothermal temperatures. This new turbodrill uses a special gear assembly to reduce the output speed, thus allowing a larger range of bit types, especially tri-cone roller bits, which are the bits of choice for drilling hard crystalline formations. The Advanced Geothermal Turbodrill (AGT) represents a significant improvement for drilling geothermal wells and has the potential to significantly reduce drilling costs while increasing production, thereby making geothermal energy less expensive and better able to compete with fossil fuels. The final field test of the AGT will prepare the tool for successful commercialization.

  5. PRN 2011-1: Residential Exposure Joint Venture

    Science.gov (United States)

    This PR Notice is to advise registrants of an industry-wide joint venture, titled the Residential Exposure Joint Venture (REJV), which has developed a national survey regarding residential consumer use/usage data for pesticides.

  6. The Cultural Context of Learning in International Joint Ventures.

    Science.gov (United States)

    Liu, Shimin; Vince, Russ

    1999-01-01

    A study of Chinese-Western joint business ventures showed that cultural context and different modes of managing and organizing must be considered. Successful joint ventures involve a process of collective, two-way learning. (SK)

  7. Tax Policy, Venture Capital, and Entrepreneurship

    DEFF Research Database (Denmark)

    Keuschnigg, Christian; Nielsen, Søren Bo

    The paper studies the effects of tax policy on venture capital activity. Entrepreneurs pursue a single high risk project each but have no own resources. Financiers provide equity finance. They must structure the entrepreneur's profit share and base salary to assure their incentives for full effort...

  8. Combinations of partners’ joint venture formation motives

    NARCIS (Netherlands)

    Klijn, E.; Reuer, J.J.; Buckley, P.J.; Glaister, K.W.

    2011-01-01

    Purpose – Prior research on joint venture (JV) formation often examines a single focal firm and assumes it has a single motive for collaboration. This study seeks to investigate how formation motives of partner firms are symmetrically coupled. It considers motives in the context of different

  9. Enhancing selective capacity through venture bases

    DEFF Research Database (Denmark)

    Vintergaard, Christian; Husted, Kenneth

    2003-01-01

    Corporate venturing managers have the rule of thumb that only approximately one out often investments really pay of in financial measures. These low odds for success, of course,put extremely high expectations to the profit yielded from the few investments that becomesuccessful. In other words...

  10. Why Do European Venture Capital Companies Syndicate?

    NARCIS (Netherlands)

    S. Manigart (Sophie); J. Bruining (Hans); A. Lockett (Andy); M. Meuleman (Miguel)

    2002-01-01

    textabstractFinancial theory, resource-based theory and access to deal flow are used to explain syndication practices among European venture capital (VC) firms. The desire to share risk and increase portfolio diversification is a more important motive for syndication than the desire to access

  11. Designing an International Joint Venture Negotiation Game.

    Science.gov (United States)

    Kenkel, Phil; And Others

    1996-01-01

    Evaluates a simulation game that models management problems encountered in negotiating and managing international joint ventures. Designed to instruct executives of state-owned agribusinesses in Indonesia in abstract concepts such as partner rapport, transfer price conflicts, and marketing disagreements, its success suggests that simulation games…

  12. MIT Experiments with Joint Venture Contract.

    Science.gov (United States)

    American School and University, 1981

    1981-01-01

    A new dormitory at Massachusetts Institute of Technology was constructed using a joint venture contract with safeguards and incentives that brought university, architect, and building contractor into a closer and more productive relationship than under conventional contract arrangements. (Author/MLF)

  13. Joint ventures and concentrations in oil market

    International Nuclear Information System (INIS)

    Tabarelli, D.

    1996-01-01

    Many are the joint ventures taken during last year by the oil companies as a move towards the ever existing rules of the oil market: integration, economies of scale and reduction of competitive market uncertainty. This article discusses some of the most interesting points of the recent events and the initiatives in the Italian market

  14. Corporate relocation in venture capital finance

    NARCIS (Netherlands)

    Cumming, D.; Flemming, G.; Schwienbacher, A.

    2009-01-01

    This paper introduces an analysis of international relocation decisions of venture capital (VC)-backed companies. Relocations to the United States are motivated by economic conditions as well as an improvement in the laws of the country in which the entrepreneurial firm is based. Relocations to the

  15. Joint ventures between industry and government

    International Nuclear Information System (INIS)

    Vant, T.R.

    1991-01-01

    Joint venture projects undertaken between government and industry in western Canada are reviewed. The first significant involvement of the Alberta government was with the Syncrude oil sands project. In 1974, one of the original participants, Atlantic Richfield, pulled out of Syncrude for financial reasons. After a government review and search for replacement participation, three provincial governments took equity positions in the project. The Syncrude project has since had a very significant impact on Alberta and Canada in terms of oil production, employment, investment, and profits. The Other Six Leases Operation (OSLO), the OSLO New Ventures Project, and the Lloydminster Bi-Provincial Upgrader would also not have advanced to their present stages of development without government participation. Since oil sand/heavy oil development requires significant capital investment over long lead times, and since there are few private companies that can undertake such a commitment, government assistance is often required. It also makes sense for governments to share upfront risk in such projects for both the long-term economic gain and such immediate benefits as job creation and energy supply security. An industry/government joint venture provides a means of getting large, inherently economic projects such as oil sands developments under way while protecting taxpayers' interests. The success of such a joint venture depends not only on the financing brought to the project but also on the expertise, decision making capability, and balanced management of regulatory and policy issues

  16. Venture Fund Fueling Push for New Schools

    Science.gov (United States)

    Robelen, Erik W.

    2007-01-01

    The NewSchools Venture Fund is a non-profit organization with a mission to "transform public education through powerful ideas and passionate entrepreneurs", support education entrepreneurs who are working to better serve disadvantaged children, and provide "thought leadership" to help bring about "broad systematic…

  17. Effective Heuristics for New Venture Formation

    NARCIS (Netherlands)

    Kraaijenbrink, Jeroen

    2010-01-01

    Entrepreneurs are often under time pressure and may only have a short window of opportunity to launch their new venture. This means they often have no time for rational analytical decisions and rather rely on heuristics. Past research on entrepreneurial heuristics has primarily focused on predictive

  18. Venture capitalists as gatekeepers for biotechnological innovation

    NARCIS (Netherlands)

    Fernald, Kenneth; Hoeben, Ruud; Claassen, H.J.H.M.

    2015-01-01

    Venture capitalists (VCs) aim at trade sales as a preferred exit-strategy for biotechnology companies they invest in. Therefore, VCs pay close attention to the wishes of larger (bio)pharmaceutical acquirers. In this paper we explore VCs' behavior and strategies by analyzing the technology fields and

  19. Trust in international joint venture relationships

    NARCIS (Netherlands)

    Boersma, Margreet Francina; Ghauri, Pervez N.; Buckley, Peter J.

    2004-01-01

    International joint ventures (IJVs) are frequently stated to be increasingly popular but with significant managerial dissatisfaction in their operations (Madhok, 1995a). Therefore, a great deal of attention has been paid to the performance of IJVs (e.g. Contractor and Lorange, 1988; special issue of

  20. Financing clean energy market creation. Clean energy ventures, venture capitalists and other investors

    Energy Technology Data Exchange (ETDEWEB)

    Teppo, T. [Helsinki Univ. of Technology, Espoo (Finland). Development and Management in Industry

    2006-07-01

    Many factors have emerged for change towards cleaner and more efficient technologies and services: climate change, increasing oil demands, and rising living standards in many parts of the world are putting an ever-increasing strain on the environment. Recently, these drivers have fueled the formation of a clean energy venture capital market where both independent venture capitalists (VCs) and corporate venture capitalists (CVCs) have invested in clean energy start-ups. Financing of clean energy market creation is the focus of this dissertation. The dissertation contributes to several bodies of literature in the area of entrepreneurship, new industry creation, corporate venturing, and venture capital research. The dissertation uses a grounded theory approach. The study is guided by three data collection approaches with an emphasis on the first two. First, interviews with European and North American VC and CVC firms that have invested in the clean energy sector were carried out. Second, a clean energy venture financing survey that consisted of qualitative, essay-format questions and some quantitative questions was carried out. Third, interviews with clean energy stakeholders were carried out in order to gain a better understanding of the emerging sector. The research results consist of three main findings. First, the research results suggest that clean energy ventures face the following three main entrepreneurial challenges: financing, market education, and growth management. A further study of three clean energy industry categories revealed additional challenges that varied according to the industry development stage. Second, the results demonstrate that, from a venture capitalist perspective, clean energy venture risk characteristics can be divided into two groups: generally recognized risk characteristics and cognitive risk characteristics. The identified generally recognized risk characteristics were market demand and adaptation, incompatibility with the VC model

  1. What Happens To International New Ventures beyond Start-up

    DEFF Research Database (Denmark)

    Turcan, Romeo V.; Juho, Anita

    2014-01-01

    ventures: strategic experimentation, tensions in organizational gestalt, and legitimacy lies. We conjecture that international new ventures do not reach a made-it point if they only manage to develop substantive capabilities to produce desired outputs at various levels within the venture, but fail...

  2. How to establish and sustain a joint venture in China.

    Science.gov (United States)

    Lee, Paul

    2008-01-01

    Joint ventures with Chinese companies provide one of the most effective ways for international companies to establish a foothold in the booming Chinese economy. The benefits, opportunities and challenges of establishing a joint venture are explored here. Current partnering trends and successful Sino-foreign joint ventures in the fast-growing medical device industry in China are also highlighted.

  3. Essays on equity joint ventures, uncertainty and experience

    NARCIS (Netherlands)

    Cuypers, I.R.P.

    2009-01-01

    Amidst increasingly global competition during the last decades, we observed a sharp increase in the number of joint ventures. As a result, joint ventures have triggered considerable enthusiasm in recent years among scholars and practitioners. However, studies have shown that most joint ventures fail

  4. 15 CFR 296.7 - Joint venture registration.

    Science.gov (United States)

    2010-01-01

    ... 15 Commerce and Foreign Trade 1 2010-01-01 2010-01-01 false Joint venture registration. 296.7 Section 296.7 Commerce and Foreign Trade Regulations Relating to Commerce and Foreign Trade NATIONAL... PROGRAM General § 296.7 Joint venture registration. Joint ventures selected for assistance under the...

  5. Factors related to the capital structure of small new ventures

    NARCIS (Netherlands)

    Harms, Rainer; Breitenecker, R.; Schwartz, E.J.; Wdowiak, M.A.

    2012-01-01

    In the literature, there exists evidence on the capital structure determinants for small ventures, but empirical research for new ventures is limited. We seek to address this gap by presenting a confirmatory analysis of determinants of capital structure of a sample of small new ventures in Austria.

  6. The Perfect Storm of Business Venturing? The Case of Entomology-Based Venture Creation

    OpenAIRE

    Pascucci, S.; Dentoni, D.; Mitsopoulos, D.

    2015-01-01

    In this paper we discuss how cooperation and trust among entrepreneurs can be challenged when they are dealing with venture creation in the context of radical innovation. Entomology-based foods are considered as one of the most promising innovation in the food sector. However they impose radical changes in food consumption habits with high risk of low consumer acceptance. Four European entrepreneurs joined forces in a new venture operating in this sector, trying to make it a successful busine...

  7. Global geothermal energy scenario

    International Nuclear Information System (INIS)

    Singh, S.K.; Singh, A.; Pandey, G.N.

    1993-01-01

    To resolve the energy crisis efforts have been made in exploring and utilizing nonconventional energy resources since last few decades. Geothermal energy is one such energy resource. Fossil fuels are the earth's energy capital like money deposited in bank years ago. The energy to build this energy came mainly from the sun. Steam geysers and hot water springs are other manifestations of geothermal energy. Most of the 17 countries that today harness geothermal energy have simply tapped such resources where they occur. (author). 8 refs., 4 tabs., 1 fig

  8. Geothermal survey handbook

    Energy Technology Data Exchange (ETDEWEB)

    1974-01-01

    The objective of this handbook is to publicize widely the nature of geothermal surveys. It covers geothermal survey planning and measurement as well as measurement of thermal conductivity. Methods for the detection of eruptive areas, the measurement of radiative heat using snowfall, the measurement of surface temperature using infrared radiation and the measurement of thermal flow are described. The book also contains information on physical detection of geothermal reservoirs, the measurement of spring wells, thermographic measurement of surface heat, irregular layer surveying, air thermographics and aerial photography. Isotope measurement techniques are included.

  9. Worldwide installed geothermal power

    International Nuclear Information System (INIS)

    Laplaige, P.

    1995-01-01

    Worldwide electric energy production data are easy to compile, according to the informations given by individual countries. On the contrary, thermal applications of geothermics are difficult to quantify due to the variety of applications and the number of countries concerned. Exhaustive informations sometimes cannot be obtained from huge countries (China, Russia..) because of data centralization problems or not exploitable data transmission. Therefore, installed power data for geothermal heat production are given for 26 countries over the 57 that have answered the International Geothermal Association questionnaire. (J.S.). 1 fig., 2 tabs., 1 photo

  10. Geothermal electricity generation

    International Nuclear Information System (INIS)

    Eliasson, E.T.

    1991-01-01

    Geothermal conversion, as discussed here, is the conversion of the heat bound within the topmost three kilometres of the upper crust of the earth into useful energy, principally electricity. The characteristics of a geothermal reservoir and its individual technical features are highly site-specific. Applications therefore must be designed to match the specific geothermal reservoir. An estimate of the electric energy potential world-wide made by the Electric Power Research Institute (United States) in 1978 and based on sustaining a continuous 30-year operation is given in the box at the right for comparison purposes only. 8 refs, 5 figs

  11. Navy Geothermal Plan

    Energy Technology Data Exchange (ETDEWEB)

    1984-12-01

    Domestic geothermal resources with the potential for decreasing fossil fuel use and energy cost exist at a significant number of Navy facilities. The Geothermal Plan is part of the Navy Energy R and D Program that will evaluate Navy sites and provide a technical, economic, and environmental base for subsequent resource use. One purpose of the program will be to provide for the transition of R and D funded exploratory efforts into the resource development phase. Individual Navy geothermal site projects are described as well as the organizational structure and Navy decision network. 2 figs.

  12. Geothermal Energy: Current abstracts

    Energy Technology Data Exchange (ETDEWEB)

    Ringe, A.C. (ed.)

    1988-02-01

    This bulletin announces the current worldwide information available on the technologies required for economic recovery of geothermal energy and its use as direct heat or for electric power production. (ACR)

  13. Effective geothermal heat

    International Nuclear Information System (INIS)

    Abelsen, Atle

    2006-01-01

    Scandinavia's currently largest geothermal heating project: the New Ahus hospital, is briefly presented. 300-400 wells on a field outside the hospital are constructed to store energy for both heating and cooling purposes

  14. NGDC Geothermal Data Bases

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — Geothermics is the study of heat generated in Earth's interior and its manifestation at the surface. The National Geophysical Data Center (NGDC) has a variety of...

  15. Geothermics in Aquitaine

    International Nuclear Information System (INIS)

    Dane, J.P.

    1995-01-01

    The geothermal exploitation of the Aquitanian Basin (S W France) started 15 years ago and has extended today to 12 different places. Three main aquifers of different depth are exploited in Bordeaux region: the old alluvial deposits of Garonne river (20-30 m), the Middle Eocene aquifer (300-400 m), and the Cenomanian-Turonian aquifer (900-1100 m) which is the deepest and most exploited for geothermal purposes. The drinkable quality of the water and the use of single-well technique are important factors that reduce the operating costs. Geothermics remains competitive with other energy sources due to the long-term stability of geothermal energy costs. (J.S.). 2 figs., 1 tab., 5 photos

  16. Geothermal studies in China

    Science.gov (United States)

    Ji-Yang, Wang; Mo-Xiang, Chen; Ji-An, Wang; Xiao, Deng; Jun, Wang; Hsien-Chieh, Shen; Liang-Ping, Hsiung; Shu-Zhen, Yan; Zhi-Cheng, Fan; Xiu-Wen, Liu; Ge-Shan, Huang; Wen-Ren, Zhang; Hai-Hui, Shao; Rong-Yan, Zhang

    1981-01-01

    Geothermal studies have been conducted in China continuously since the end of the 1950's with renewed activity since 1970. Three areas of research are defined: (1) fundamental theoretical research on geothermics, including subsurface temperatures, terrestrial heat flow and geothermal modeling; (2) exploration for geothermal resources and exploitation of geothermal energy; and (3) geothermal studies in mines. Regional geothermal studies have been conducted recently in North China and more than 2000 values of subsurface temperature have been obtained. Temperatures at a depth of 300 m generally range from 20 to 25°C with geothermal gradients from 20 to 40°C/km. These values are regarded as an average for the region with anomalies related to geological factors. To date, 22 reliable heat flow data from 17 sites have been obtained in North China and the data have been categorized according to fault block tectonics. The average heat flow value at 16 sites in the north is 1.3 HFU, varying from 0.7 to 1.8 HFU. It is apparent that the North China fault block is characterized by a relatively high heat flow with wide variations in magnitude compared to the mean value for similar tectonic units in other parts of the world. It is suggested that although the North China fault block can be traced back to the Archaean, the tectonic activity has been strengthening since the Mesozoic resulting in so-called "reactivation of platform" with large-scale faulting and magmatism. Geothermal resources in China are extensive; more than 2000 hot springs have been found and there are other manifestations including geysers, hydrothermal explosions, hydrothermal steam, fumaroles, high-temperature fountains, boiling springs, pools of boiling mud, etc. In addition, there are many Meso-Cenozoic sedimentary basins with widespread aquifers containing geothermal water resources in abundance. The extensive exploration and exploitation of these geothermal resources began early in the 1970's. Since then

  17. Renewable Energy Essentials: Geothermal

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-01

    Geothermal energy is energy available as heat contained in or discharged from the earth's crust that can be used for generating electricity and providing direct heat for numerous applications such as: space and district heating; water heating; aquaculture; horticulture; and industrial processes. In addition, the use of energy extracted from the constant temperatures of the earth at shallow depth by means of ground source heat pumps (GSHP) is also generally referred to as geothermal energy.

  18. Geothermal environmental impact

    International Nuclear Information System (INIS)

    Armannsson, H.; Kristmannsdottir, H.

    1992-01-01

    Geothermal utilization can cause surface disturbances, physical effects due to fluid withdrawal noise, thermal effects and emission of chemicals as well as affect the communities concerned socially and economically. The environmental impact can be minimized by multiple use of the energy source and the reinjection of spent fluids. The emission of greenhouse gases to the atmosphere can be substantially reduced by substituting geothermal energy for fossil fuels as an industrial energy source wherever possible

  19. A complementary geothermal application

    International Nuclear Information System (INIS)

    Bedard, R.

    1998-01-01

    A geothermal project for air conditioning and heating at four health centres in Quebec was presented. The four health centres are: le centre Dominique-Tremblay, le centre Cardinal-Villeneuve, le centre Louis-Hebert, et le centre Francois-Charon. The investment made to install the geothermal heating and cooling system, the cost of operating the system, and energy savings resulting from the investment were discussed

  20. Geothermal System Extensions

    Energy Technology Data Exchange (ETDEWEB)

    Gunnerson, Jon [Boise City Corporation, ID (United States); Pardy, James J. [Boise City Corporation, ID (United States)

    2017-09-30

    This material is based upon work supported by the Department of Energy under Award Number DE-EE0000318. The City of Boise operates and maintains the nation’s largest geothermal heating district. Today, 91 buildings are connected, providing space heating to over 5.5 million square feet, domestic water heating, laundry and pool heating, sidewalk snowmelt and other related uses. Approximately 300 million gallons of 177°F geothermal water is pumped annually to buildings and institutions located in downtown Boise. The closed loop system returns all used geothermal water back into the aquifer after heat has been removed via an Injection Well. Water injected back into the aquifer has an average temperature of 115°F. This project expanded the Boise Geothermal Heating District (Geothermal System) to bring geothermal energy to the campus of Boise State University and to the Central Addition Eco-District. In addition, this project also improved the overall system’s reliability and increased the hydraulic capacity.

  1. A Layman's Guide to Geothermal Aquaculture

    Energy Technology Data Exchange (ETDEWEB)

    Smith, Kenan C.

    1981-01-01

    The following paper is designed as an aid to anyone contemplating a venture into commercially raising giant freshwater prawns, Macrobrachium rosenbergii. Oregon Institute of Technology has been actively involved in a research program to determine the feasibility of such a venture and results to date have been very encouraging. This aquaculture research was initiated in 1975 and was developed as an effort to utilize excess energy from the school’s geothermal heating system. Therefore, most of the information gathered here, will apply to flow-through systems which use geothermal water to maintain a suitable environment for the animals. A study of the market potential for freshwater prawns has been conducted and a favorable response received from wholesale distributors in the Pacific Northwest. Not only is a good market available, but distributors have suggested paying from $4.50 to $5.00 per pound for whole prawns in the size category of 16 to 20 tails to the pound, for a constant fresh supply. By maintaining constant temperatures of 27 degrees Celsius (80 degrees Fahrenheit) ± 1 degree Celsius in our research ponds, we have been able to produce this size prawn in 6 to 8 months.

  2. Texaco, carbide form hydrogen plant venture

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports that Texaco Inc. and Union Carbide Industrial Gases Inc. (UCIG) have formed a joint venture to develop and operate hydrogen plants. The venture, named HydroGEN Supply Co., is owned by Texaco Hydrogen Inc., a wholly owned subsidiary of Texaco, and UCIG Hydrogen Services Inc., a wholly owned subsidiary of UCIG. Plants built by HydroGEN will combine Texaco's HyTEX technology for hydrogen production with UCIG's position in cryogenic and advanced air separation technology. Texaco the U.S. demand for hydrogen is expected to increase sharply during the next decade, while refinery hydrogen supply is expected to drop. The Clean Air Act amendments of 1990 require U.S. refiners to lower aromatics in gasoline, resulting in less hydrogen recovered by refiners from catalytic reforming units. Meanwhile, requirements to reduce sulfur in diesel fuel will require more hydrogen capacity

  3. Management Approach for Earth Venture Instrument

    Science.gov (United States)

    Hope, Diane L.; Dutta, Sanghamitra

    2013-01-01

    The Earth Venture Instrument (EVI) element of the Earth Venture Program calls for developing instruments for participation on a NASA-arranged spaceflight mission of opportunity to conduct innovative, integrated, hypothesis or scientific question-driven approaches to pressing Earth system science issues. This paper discusses the EVI element and the management approach being used to manage both an instrument development activity as well as the host accommodations activity. In particular the focus will be on the approach being used for the first EVI (EVI-1) selected instrument, Tropospheric Emissions: Monitoring of Pollution (TEMPO), which will be hosted on a commercial GEO satellite and some of the challenges encountered to date and corresponding mitigations that are associated with the management structure for the TEMPO Mission and the architecture of EVI.

  4. LNG ventures raise economic, technical, partnership issues

    International Nuclear Information System (INIS)

    Acord, H.K.

    1995-01-01

    The author feels that natural gas will remain a competitive energy alternative and the preferred fuel for many residential and industrial customers around the globe. The article attempts to explain where liquefied natural gas will fit into the global picture. The paper discusses the growth in the Asia-Pacific region; the complex interactions in a LNG project involving buyers, sellers, governments, financial institutions, and shipping companies; the cost of development of such projects; and the elements of a LNG venture

  5. Perestroika, Soviet oil, and joint ventures

    International Nuclear Information System (INIS)

    Churkin, M. Jr.

    1991-01-01

    Glaznost, the freedom of expression in both the public and private sectors of the Soviet Union, has rapidly transformed the country form a largely isolated and closed society to one that is rapidly becoming more cosmopolitan and open to the West. Now that the Soviet Union is moving toward a free-market economy, a number of new laws are being generated to create a favorable environment for Western investment, especially joint ventures. First, crude oil sales have provided over 75% of much-needed hard currency, and oil has been the principal barter for manufactured goods produced in eastern Europe. Second, joint oil ventures with Western companies can reverse declining production levels and provide sufficient stimulus to turn around the economic recession. The Soviet Union has a very large inventory of discovered but undeveloped oil and gas fields. Most of these fields are difficult for the Soviets to produce technically, financially, and environmentally safely, and they are actively seeking appropriate Western partners. From an exploration point of view, the Soviet Union has probably the largest number of undrilled and highly prospective oil basins, which may replenish declining reserves in the West. Finally, the Soviet Union represents in the long term a large unsaturated market eager to absorb the surplus of goods and services in the Western world. Again, joint oil ventures could provide the convertible currency to increase East-West trade

  6. Utilising geothermal energy in Victoria

    International Nuclear Information System (INIS)

    Driscoll, Jim

    2006-01-01

    Geothermal energy is generated from the radioactive decay of naturally occurring isotopes and about 20% is generated from primordial heat associated with the formation of the earth. Geothermal project reduce energy and water cost and reduces greenhouse gas emissions

  7. Accelerating Geothermal Research (Fact Sheet)

    Energy Technology Data Exchange (ETDEWEB)

    2014-05-01

    Geothermal research at the National Renewable Energy Laboratory (NREL) is advancing geothermal technologies to increase renewable power production. Continuous and not dependent on weather, the geothermal resource has the potential to jump to more than 500 gigawatts in electricity production, which is equivalent to roughly half of the current U.S. capacity. Enhanced geothermal systems have a broad regional distribution in the United States, allowing the potential for development in many locations across the country.

  8. Challenges in Bootstrapping a Start-Up Venture: Keenga Research Turning the Tables on Venture Capitalists

    Directory of Open Access Journals (Sweden)

    Prescott C. Ensign

    2016-01-01

    Full Text Available This case study chronicles the timeline of a new venture – Keenga Research. Keenga Research has a novel proposition that it is seeking to introduce to the market. The business concept is to ask entrepreneurs to review the venture capital (VC firm that funded them. Reviews of VC firms would then be developed and marketed to those interested (funds and perhaps enterprises seeking funding. What makes this case unique is that Keenga Research was a lean start-up. Bootstrapping is a situation in which the entrepreneur chooses to fund the venture with his/her own personal resources. It involves self-funding (family and friends, tight monitoring of expenses, and maintaining control of ownership and management (Winborg & Landstrom 2001; Perry, Chandler, Yao, & Wolff, 2011; Winborg, 2015. The lean start-up approach favors experimentation over elaborate planning, customer feedback over intuition and iterative design over traditional big upfront research and development. This case study requires the reader to consider a number of the basic challenges facing all entrepreneurs and new ventures. Is the concept marketable? Can the concept be developed and brought to market in a timely manner? Will the product generate revenue? How? When? What are the commitments of the entrepreneurs? Have they considered the major challenges to be faced? Since this venture involved gathering and developing research information and then creating an online platform, Keenga Research faced significant concept-to-market challenges. The research method used in this case study is first person participant observation and interviews. One of the authors was a team member so the contextual details come from direct observation and first-hand knowledge. This method of research is often used in anthropology, sociology, and social psychology where an investigator studies the group by sharing in its activities. The other author provided an objective and conceptual perspective for analyzing

  9. Development of geothermal resources

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-09-01

    This paper describes the geothermal development promotion survey project. NEDO is taking the lead in investigation and development to reduce risks for private business entities and promote their development. The program is being moved forward by dividing the surveys into three ranks of A, B and C from prospects of geothermal resource availability and the state of data accumulation. The survey A lacks number of data, but covers areas as wide as 100 to 300 km{sup 2}, and studies possible existence of high-temperature geothermal energy. The survey B covers areas of 50 to 70 km{sup 2}, investigates availability of geothermal resources, and assesses environmental impacts. The survey C covers areas of 5 to 10 km{sup 2}, and includes production well drilling and long-term discharge tests, other than those carried out by the surveys A and B. Results derived in each fiscal year are evaluated and judged to establish development plans for the subsequent fiscal year. This paper summarizes development results on 38 areas from among 45 areas surveyed since fiscal 1980. Development promotion surveys were carried out over seven areas in fiscal 1994. Development is in progress not only on utilization of high-temperature steam, but also on binary cycle geothermal power generation utilizing hot waters of 80 to 150{degree}C. Fiscal 1994 has carried out discussions for spread and practical use of the systems (particularly on economic effects), and development of small-to-medium scale binary systems. 2 figs., 1 tab.

  10. The dual role of external corporate venturing in technological exploration

    DEFF Research Database (Denmark)

    Li, Ying; van de Vrande, Vareska; Vanhaverbeke, Wim

    2009-01-01

    Innovating firms can not only explore new technologies from its innovation partners, but also explore new technologies from the organizations to which the innovating firm has had no prior relationships. Prior studies have mostly focused on a firm's exploratory learning from its venturing partners...... ("exploration from partners" or "EFP"). There has been little insight on how external corporate venturing may affect the exploratory learning beyond the venturing partnerships ("exploration beyond partners" or "EBP"). We claim that prior venturing relations have a dual role: First, the innovation firm can learn...... from knowledge embedded in its partners. Second, it can also learn from through its partners about knowledge developed by other firms or organizations with whom the innovating firm had no external venturing relations before. In this paper, we are interested how external corporate venturing partnerships...

  11. Geothermal heat pump

    International Nuclear Information System (INIS)

    Bruno, R.; Tinti, F.

    2009-01-01

    In recent years, for several types of buildings and users, the choice of conditioning by heat pump and low enthalpy geothermal reservoir has been increasing in the Italian market. In fact, such systems are efficient in terms of energy and consumption, they can perform, even at the same time, both functions, heating and cooling and they are environmentally friendly, because they do not produce local emissions. This article will introduce the technology and will focus on critical points of a geothermal field design, from actual practice, to future perspectives for the geo exchanger improvement. Finally, the article presents a best practice case in Bologna district, with an economic analysis showing the convenience of a geothermal heat pump. Conclusions of the real benefits of these plants can be drawn: compared to a non-negligible initial cost, the investment has a pay-back period almost always acceptable, usually less than 10 years. [it

  12. Geothermal energy technology

    Energy Technology Data Exchange (ETDEWEB)

    1977-01-01

    Geothermal energy research and development by the Sunshine Project is subdivided into five major categories: exploration and exploitation technology, hot-water power generation technology, volcanic power generation technology, environmental conservation and multi-use technology, and equipment materials research. The programs are being carried out by various National Research Institutes, universities, and private industry. During 1976 and 1977, studies were made of the extent of resources, reservoir structure, ground water movement, and neotectonics at the Onikobe and Hachimantai geothermal fields. Studies to be performed in the near future include the use of new prospecting methods, including artificial magnetotellurics, heat balance calculation, brightspot techniques, and remote sensing, as well as laboratory studies of the physical, mechanical, and chemical properties of rock. Studies are continuing in the areas of ore formation in geothermal environments, hot-dry-rock drilling and fracturing, large scale prospecting technology, high temperature-pressure drilling muds and well cements, and arsenic removal techniques.

  13. Interorganizational imitation and acquisitions of high-tech ventures

    OpenAIRE

    Ozmel, Umit; Reuer, J. J.; Wu, Cheng-Wei

    2017-01-01

    Research summary: This article shows that there is a positive association between the changes in the number of prior acquisitions or the changes in the prominence of prior acquirers within the focal venture's subfield and the venture's likelihood to be acquired. Results are in line with the existence of frequency- and trait-based imitation in acquisitions targeting tech ventures. More importantly, these positive associations are more pronounced when (a) exogenous technological uncertainty wit...

  14. The meaning of venture capital for financing small scale entrepreneurship

    OpenAIRE

    Robnik, Lidija

    2015-01-01

    Due to the appearance of new knowledge and managerial approaches, entrepreneurship has developed substantially and the career of the entrepreneur has become more attractive. Venture capital has become an important source for financing the growth of small enterprises. Venture capital funds are a form of financing intended for prospective dynamic companies that cannot obtain financing from banks. Venture capital takes the form of proprietary capital since it enters the company as a co-owner for...

  15. The Internationalization of Venture Capital: Challenges and Opportunities

    OpenAIRE

    Thomas Gstraunthaler; Galina Sagieva

    2011-01-01

    This paper attempts to summarize and systematize the landscape of the global venture capital industry. It presents major basic business models and investment strategies, assesses the contribution of venture capital (VC) to economic growth, and the incentives and constraints for VC’s development, and it identifies research gaps in this area. Venture capital is often regarded as the only source of support for start-ups, particularly for those in high-tech innovative sectors. The authors explore...

  16. The Determinants of Venture Capital Portfolio Size: Empirical Evidence

    OpenAIRE

    Douglas J. Cumming

    2006-01-01

    This paper explores factors that affect portfolio size among a sample of venture capital financing data from 214 Canadian funds. Four categories of factors affect portfolio size: (1) the venture capital funds' characteristics, including the type of fund, fund duration, fund-raising, and the number of venture capital fund managers; (2) the entrepreneurial firms' characteristics, including stage of development, technology, and geographic location; (3) the nature of the financing transactions, i...

  17. Pros and cons of the ambulatory surgery center joint venture.

    Science.gov (United States)

    Giannini, Deborah

    2008-01-01

    If a physician group has determined that it has a realistic patient base to establish an ambulatory surgery center, it may be beneficial to consider a partner to share the costs and risks of this new joint venture. Joint ventures can be a benefit or liability in the establishment of an ambulatory surgery center. This article discusses the advantages and disadvantages of a hospital physician-group joint venture.

  18. Patterns of venturing financing: The case of Chinese entrepreneurs

    OpenAIRE

    Liao, Jianwen; Welsch, Harold; Pistrui, David

    2003-01-01

    This study examines the sources of venture financing of Chinese entrepreneurs in Wuhan, China. Based on a sample of 222, we found that Chinese entrepreneurs in Wuhan mainly rely on venture financing on their own or parties that are within their close social networks such as parents, relatives and friends. External financing sources are notably missing. We also found that entrepreneurs who use significantly more personal saving in venture financing are older (>37 years), female, with high scho...

  19. 15 CFR 296.9 - Activities not permitted for joint ventures.

    Science.gov (United States)

    2010-01-01

    ... joint venture of any product, process, or service, other than the distribution among the parties to such venture, in accordance with such venture, of a product, process, or service produced by such venture, the... INNOVATION PROGRAM General § 296.9 Activities not permitted for joint ventures. The following activities are...

  20. 16 CFR 801.40 - Formation of joint venture or other corporations.

    Science.gov (United States)

    2010-01-01

    ... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Formation of joint venture or other... § 801.40 Formation of joint venture or other corporations. (a) In the formation of a joint venture or... contributing to the formation of a joint venture or other corporation and the joint venture or other...

  1. Geophysical considerations of geothermics

    Energy Technology Data Exchange (ETDEWEB)

    Hayakawa, M

    1967-01-01

    The development and utilization of geothermal energy is described from the standpoint of geophysics. The internal temperature of the Earth and the history and composition of magmas are described. Methods of exploration such as gravity, magnetic, thermal and electrical surveys are discussed, as are geochemical and infrared photogrammetric techniques. Examples are provided of how these techniques have been used in Italy and at the Matsukawa geothermal field in Japan. Drilling considerations such as muds, casings and cementing materials are discussed. Solutions are proposed for problems of environmental pollution and plant expansion.

  2. Victorian first for geothermal

    International Nuclear Information System (INIS)

    Wallace, Paula

    2014-01-01

    AGL Limited (AGL) will assist Maroondah Sports Club to save hundreds of thousands of dollars on its energy bills over the next decade by commencing work to install Victoria's first GeoAir geothermal cooling and heating system. Utilising the earth's constant temperature, the new GeoAir geothermal system provides a renewable source of energy that will save the club up to $12,000 in the first year and up to $150,000 over the next 10 years

  3. Geothermal and environment

    International Nuclear Information System (INIS)

    1993-01-01

    The production of geothermal-electric energy, presents relatively few contamination problems. The two bigger problems associated to the geothermal production are the disposition of waste fluids and the discharges to the atmosphere of non-condensable gases as CO 2 , H 2 O and NH 3 . For both problems the procedures and production technologies exist, like it is the integral use of brines and gases cleaning systems. Other problems consist on the local impact to forest areas for the effect of the vapor discharge, the contamination for noise, the contamination of aquifer shallow and the contamination related with the construction and termination of wells

  4. Sharing the Proceeds from a Hierarchical Venture

    DEFF Research Database (Denmark)

    Hougaard, Jens Leth; Moreno-Ternero, Juan D.; Tvede, Mich

    2017-01-01

    We consider the problem of distributing the proceeds generated from a joint venture in which the participating agents are hierarchically organized. We introduce and characterize a family of allocation rules where revenue ‘bubbles up’ in the hierarchy. The family is flexible enough to accommodate...... the no-transfer rule (where no revenue bubbles up) and the full-transfer rule (where all the revenues bubble up to the top of the hierarchy). Intermediate rules within the family are reminiscent of popular incentive mechanisms for social mobilization or multi-level marketing....

  5. Academic entrepreneurship in support of business ventures

    Directory of Open Access Journals (Sweden)

    Maciej Rogalski

    2009-12-01

    Full Text Available nnovative enterprises based on scientific research conducted by academic centres are beginning to play an increasingly important role in modern economy. Opening to business ventures as well as building up abilities to release entrepreneurial potential among research workers, students and candidates for doctoral degree, constitute an attractive way for the growth of higher education institutions in many regions and countries. The aim of the article is to point out the significance, peculiarity and conditioning of the academic entrepreneurship development in Poland.

  6. Corporate Venture Capital im Bankensektor: Eine Fallstudie

    OpenAIRE

    Maxin, Hannes

    2015-01-01

    Die Digitalisierung der Gesellschaft beeinflusst zunehmend das klassische Bankgeschäft, was durch die Erfolge vieler junger FinTech-Unternehmen verdeutlicht wird. Der damit verbundene Innovationsdruck führte dazu, dass die Commerzbank AG im Oktober 2013 die Main Incubator GmbH gründete. Mithilfe dieser Corporate Venture Capital-Gesellschaft (CVC-Gesellschaft) versucht die Frankfurter Großbank, eine Kooperation mit den neuen Wettbewerbern einzugehen, um mögliche Synergiepotenziale für das eige...

  7. The Perfect Storm of Business Venturing? The Case of Entomology-Based Venture Creation

    NARCIS (Netherlands)

    Pascucci, S.; Dentoni, D.; Mitsopoulos, D.

    2015-01-01

    In this paper we discuss how cooperation and trust among entrepreneurs can be challenged when they are dealing with venture creation in the context of radical innovation. Entomology-based foods are considered as one of the most promising innovation in the food sector. However they impose radical

  8. 2008 Geothermal Technologies Market Report

    Energy Technology Data Exchange (ETDEWEB)

    Cross, J.; Freeman, J.

    2009-07-01

    This report describes market-wide trends for the geothermal industry throughout 2008 and the beginning of 2009. It begins with an overview of the U.S. DOE's Geothermal Technology Program's (GTP's) involvement with the geothermal industry and recent investment trends for electric generation technologies. The report next describes the current state of geothermal power generation and activity within the United States, costs associated with development, financing trends, an analysis of the levelized cost of energy (LCOE), and a look at the current policy environment. The report also highlights trends regarding direct use of geothermal energy, including geothermal heat pumps (GHPs). The final sections of the report focus on international perspectives, employment and economic benefits from geothermal energy development, and potential incentives in pending national legislation.

  9. Human Resources in Geothermal Development

    Energy Technology Data Exchange (ETDEWEB)

    Fridleifsson, I.B.

    1995-01-01

    Some 80 countries are potentially interested in geothermal energy development, and about 50 have quantifiable geothermal utilization at present. Electricity is produced from geothermal in 21 countries (total 38 TWh/a) and direct application is recorded in 35 countries (34 TWh/a). Geothermal electricity production is equally common in industrialized and developing countries, but plays a more important role in the developing countries. Apart from China, direct use is mainly in the industrialized countries and Central and East Europe. There is a surplus of trained geothermal manpower in many industrialized countries. Most of the developing countries as well as Central and East Europe countries still lack trained manpower. The Philippines (PNOC) have demonstrated how a nation can build up a strong geothermal workforce in an exemplary way. Data from Iceland shows how the geothermal manpower needs of a country gradually change from the exploration and field development to monitoring and operations.

  10. Geothermal industry assessment

    Energy Technology Data Exchange (ETDEWEB)

    1980-07-01

    An assessment of the geothermal industry is presented, focusing on industry structure, corporate activities and strategies, and detailed analysis of the technological, economic, financial, and institutional issues important to government policy formulation. The study is based principally on confidential interviews with executives of 75 companies active in the field. (MHR)

  11. Geothermal Greenhouse Information Package

    Energy Technology Data Exchange (ETDEWEB)

    Rafferty, K. [P.E.; Boyd, T. [ed.

    1997-01-01

    This package of information is intended to provide a foundation of background information for developers of geothermal greenhouses. The material is divided into seven sections covering such issues as crop culture and prices, operating costs for greenhouses, heating system design, vendors and a list of other sources of information.

  12. Geothermal energy. Program summary

    Energy Technology Data Exchange (ETDEWEB)

    1979-06-01

    Brief descriptions of geothermal projects funded through the Department of Energy during FY 1978 are presented. Each summary gives the project title, contractor name, contract number, funding level, dates, location, and name of the principal investigator, together with project highlights, which provide informaion such as objectives, strategies, and a brief project description. (MHR)

  13. Geothermal investigations in Slovenia

    Directory of Open Access Journals (Sweden)

    Danilo Ravnik

    1991-12-01

    Full Text Available The paper presents the methodology and the results of geothermal investigations, based on seventy-two boreholes in the territory of the Republic of Slovenia.The data of fundamental geothermal quantities: formation temperature, thermal conductivity, and radiogenic heat production of rocks as well as surface heat flow density are stored in a computerized data base. Their synthesis is given in the map of formation temperatures at 1000 m depth and in the map of surface heat flow density. In both maps the thermal difference between the Pannonian basin in theeastern and the Dinarides in the western part of Slovenia is clearly expressed.However, in the boundary area between these two tectonic units, for a distance of about 100 km in SW-NE direction, elevated horizontal gradients of formation temperature as well as heat flow density are evident. A small positive thermal anomaly in the Ljubljana depression is conspicuous.The low-temperature geothermal resources in Slovenia such as thermalsprings and thermal water from boreholes, are estimated to have a flow rate of 1120 kg/s, corresponding to the ideal total heat production of 144 MWt. In the geothermally promising areas amounting to 3200 km2 the rate of accessible resource base (ARB down to the depth of 3 km has been assessed to about 8.5 x lO 20» J.

  14. Very low energy geothermics

    International Nuclear Information System (INIS)

    Anon.

    1995-01-01

    Very low energy geothermics correspond to temperatures below 30 C and has been developed to cover heating and cooling needs of recent individual houses or tertiary industries using heat pumps and low depth aquifers (<100 m). Geothermal heat pumps industry has made great strides in European Northern countries, China, Japan and the United States of America. Geothermal heat pumps are less energy consuming than air heat pumps and require less cooling fluid and maintenance. The Aquapac procedure has been developed in France in 1983 by the AFME (French Energy Control Agency), EdF and the BRGM (Geologic and Mining Research Office) to encourage the use of geothermal heat pump for domestic and sanitary water heating and to make a survey of low-depth aquifers in the whole french territory. The decay of energy costs that started in 1986 has led to a loss of interest for the Aquapac procedure, even in the tertiary industries for which the air-conditioning demand is growing up. (J.S.). 1 tab

  15. Geothermal Grows Up

    Science.gov (United States)

    Johnson, William C.; Kraemer, Steven; Ormond, Paul

    2011-01-01

    Self-declared energy and carbon reduction goals on the part of progressive colleges and universities have driven ground source geothermal space heating and cooling systems into rapid evolution, as part of long-term climate action planning efforts. The period of single-building or single-well solutions is quickly being eclipsed by highly engineered…

  16. Geothermal energy conversion facility

    Energy Technology Data Exchange (ETDEWEB)

    Kutscher, C.F.

    1997-12-31

    With the termination of favorable electricity generation pricing policies, the geothermal industry is exploring ways to improve the efficiency of existing plants and make them more cost-competitive with natural gas. The Geothermal Energy Conversion Facility (GECF) at NREL will allow researchers to study various means for increasing the thermodynamic efficiency of binary cycle geothermal plants. This work has received considerable support from the US geothermal industry and will be done in collaboration with industry members and utilities. The GECF is being constructed on NREL property at the top of South Table Mountain in Golden, Colorado. As shown in Figure 1, it consists of an electrically heated hot water loop that provides heating to a heater/vaporizer in which the working fluid vaporizes at supercritical or subcritical pressures as high as 700 psia. Both an air-cooled and water-cooled condenser will be available for condensing the working fluid. In order to minimize construction costs, available equipment from the similar INEL Heat Cycle Research Facility is being utilized.

  17. Venture capital and efficiency of portfolio companies

    Directory of Open Access Journals (Sweden)

    A. Thillai Rajan

    2010-12-01

    Full Text Available Venture Capital (VC has emerged as the dominant source of finance for entrepreneurial and early stage businesses, and the Indian VC industry in particular has clocked the fastest growth rate globally. Academic literature reveals that VC funded companies show superior performance to non VC funded companies. However, given that venture capitalists (VCs select and fund only the best companies, how much credit can they take for the performance of the companies they fund? Do the inherent characteristics of the firm result in superior performance or do VCs contribute to the performance of the portfolio company after they have entered the firm? A panel that comprised VCs, an entrepreneur and an academic debated these and other research questions on the inter-relationships between VC funding and portfolio firm performance. Most empirical literature indicates that the value addition effect dominates the selection effect in accounting for the superior performance of VC funded companies. The panel discussion indicates that the context as well as the experience of the General Partners in the VC firms can influence the way VCs contribute to the efficiency of their portfolio companies.

  18. Venture Leaders Prize for innovative technology projects

    CERN Multimedia

    2006-01-01

    In co-operation with the GEBERT RÜF FOUNDATION and the Ernest & Young Entrepreneur of the Year Award, venturelab will be presenting the Venture Leaders Prize. The Venture Leaders Prize, which is the new guise of the NETS (New Entrepreneurs in Technology and Science) Prize, will give twenty research entrepreneurs with projects to develop innovative technologies the opportunity to win the chance of participating in a programme to assist them in starting up their companies. The winners will go to spend 10 days in the Boston area (United States) where they will take part in a development programme for their project, which will include an entrepreneurship course, opportunities to meet start-up companies and financing experts, etc. This prize has already spawned many companies such as id Quantique, Selexis or ABMI which have contributed to the economic development of regions, particularly in French-speaking Switzerland. The competition is open to students and scientists from all fields, who would like to s...

  19. Health impacts of geothermal energy

    International Nuclear Information System (INIS)

    Layton, D.W.; Anspaugh, L.R.

    1982-01-01

    Geothermal resources are used to produce electrical energy and to supply heat for non-electric applications like residential heating and crop drying. The utilization of geothermal energy consists of the extraction of hot water or steam from an underground reservoir followed by different methods of surface processing along with the disposal of liquid, gaseous, and even solid wastes. The focus of this paper is on electric power production using geothermal resources greater than 150 0 C because this form of geothermal energy utilization has the most serious health-related consequences. Based on measurements and experience at existing geothermal power plants, atmospheric emissions of non-condensing gases such as hydrogen sulphide and benzene pose the greatest hazards to public health. Surface and ground waters contaminated by discharges of spent geothermal fluids constitute another health hazard. In this paper it is shown that hydrogen sulphide emissions from most geothermal power plants are apt to cause odour annoyances among members of the exposed public -some of whom can detect this gas at concentrations as low as 0.002 ppmv. A risk-assessment model is used to estimate the lifetime risk of incurring leukaemia from atmospheric benzene caused by 2000 MW(e) of geothermal development in California's Imperial Valley. Also assessed is the risk of skin cancer due to the ingestion of river water in New Zealand that is contaminated by waste geothermal fluids containing arsenic. Finally, data on the occurrence of occupational disease in the geothermal industry is briefly summarized. (author)

  20. Duke University: Licensing and Real Estate Joint Ventures.

    Science.gov (United States)

    McDonald, Eugene J.

    1984-01-01

    Joint ventures undertaken by Duke University with industry are reported that illustrate the imaginative arrangements and economic and otherwise advantageous structures possible in co-ventures. They include patent and trademark licensing, travel agency commissions, a racquetball and health club, a hotel, and an office building. (MSE)

  1. 46 CFR 67.37 - Association or joint venture.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 2 2010-10-01 2010-10-01 false Association or joint venture. 67.37 Section 67.37... DOCUMENTATION OF VESSELS Citizenship Requirements for Vessel Documentation § 67.37 Association or joint venture. (a) An association meets citizenship requirements if each of its members is a citizen. (b) A joint...

  2. R & D joint ventures and tacit product market collusion

    DEFF Research Database (Denmark)

    Martin, Stephen

    1996-01-01

    It is shown that R & D joint ventures make it more likely that firms will be able to sustain tacit product-market collusion, all else equal......It is shown that R & D joint ventures make it more likely that firms will be able to sustain tacit product-market collusion, all else equal...

  3. U.S.-Soviet joint venture near final terms

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    This paper reports that U.S. and Russian partners expect late this moth to register their second oil and gas joint venture in western Siberia. If plans proceed on schedule following registration, Golden Mammoth partners about June 1992 will begin drilling joint venture wells in the Bakhilovsk region

  4. Joint Ventures: The Promise, Power and Performance of Partnering.

    Science.gov (United States)

    Francisco, Grace; Hannah, Kathryn Covier; Keller, Shelly G.; Waters, Joan; Wong, Patricia M. Y.

    This document provides case studies that represent a sampling of successful public library joint ventures in California and other U.S. cities and counties. Chapter 1 defines what a partnership is and how a joint venture differs from a partnership. It also describes the benefits of partnering, the knowledge, attitude, and skills required, and how…

  5. Venture capital: Generator of growth of SME investment activities

    Directory of Open Access Journals (Sweden)

    Dželetović Milenko

    2017-01-01

    Full Text Available The aim of the paper is to point out the importance and role of venture capital in creation of new values based on the knowledge economy. By reviewing relevant literature about venture capital, this paper presents the importance of the venture capital investments in innovative activities of SMEs that have an impact on economic growth. Pointing to the importance and quantifying the overall effects of venture capital investments, will be used the overview and trends in venture capital investments in the sectors of economy in Europe which generate a larger number of patents. According to data during the period of 2007 - 2015 will be defined venture capital investments and number of registered patents in the sectors of the knowledge economy. Empirical analysis indicated that the venture investments in the sectors of the knowledge economy generated more patents in those sectors. In addition, the paper analyzes the venture capital investment and innovation activities of SMEs, which are reflected in patent activities, where the result is a correlation between these activities in the European economies.

  6. Competitive advantages in the first product of new ventures

    NARCIS (Netherlands)

    Song, L.Z.; Benedetto, Di A.C.; Song, Michael

    2010-01-01

    The new venture launching its first product faces substantial risks and is typically resource-poor. Moreover, failure with the first product is closely related to failure of the new venture itself, as investors seek alternate investments with better track records. While much guidance appears in the

  7. The importance of trust for investment : Evidence from venture capital

    NARCIS (Netherlands)

    Bottazzi, L.; Da Rin, Marco; Hellmann, T.

    We examine the effect of trust in venture capital. Our theory predicts a positive relationship of trust with investment, but a negative relationship with success. Using a hand-collected dataset of European venture capital deals, we find that the Eurobarometer measure of trust among nations

  8. TENDENCY OF IMPROVEMENT ANALYSIS OF VENTURE ACTIVITY FOR MANAGEMENT DECISIONS

    Directory of Open Access Journals (Sweden)

    G.Yu. Iakovetс

    2015-03-01

    Full Text Available The questions concerning the definition of current trends and prospects of venture financing new innovative enterprises as one of the most effective and alternative, but with a high degree of risk financing sources of the entity. The features of venture financing that is different from other sources of business financing, as well as income from investments of venture capital can greatly exceed the volume of investments, but at the same time such financing risks are significant, so it all makes it necessary to build an effective system of venture capital investments in the workplace. In the course of the study also revealed problems of analysis and minimization of risks in the performance of venture financing of innovative enterprises. Defining characteristics analysis and risk assessment of venture financing helps to find ways to minimize and systematization, avoidance and prevention of risks in the performance of venture capital. The study also identified the major areas of improvement analysis of venture capital for management decisions.

  9. How to Create an Effective Venture Capitalist–Entrepreneur Relationship

    Directory of Open Access Journals (Sweden)

    Edmée van Dijk

    2014-10-01

    Full Text Available This study investigated the relationship between venture capitalists and entrepreneurs from an entrepreneur’s perspective. Its goal was to examine how perceived justice affects psychological contract breach (PCB and how PCB evokes reactions in the venture capitalist–entrepreneur relationship. The study was performed according to the grounded theory method. After a literature review, six entrepreneurs were interviewed who had founded a venture that received venture capital investment. Results indicate that distributive justice, formal procedures, informational justice, and interpersonal justice, among others, are important factors that can influence responses to the breach. This article discusses implications for both venture capitalists and entrepreneurs to make better decisions concerning ways to manage an effective relationship. In addition, a conceptual model is presented as a suggestion for future research.

  10. FY 2000 report of survey by NEDO in Sydney on the Venture capitals and businesses in Australia; 2000 nendo Goshu no venture capital to venture business chosa hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    The venture capitals and businesses in Australia are surveyed and reported. Venture Capital Guide (2000), annually issued by Polliticon Publications, estimates a total of 120 venture businesses raise a total funds B$7.393 from the domestic sources, of which B$3.546 is invested on 1113 enterprises as of the end of December, 2000. Of the enterprises on which the funds are invested, 766 are currently of portfolio enterprises and 347 have completely disposed them. The Government of Australia has introduced several venture capital supporting schemes, including PDF (Pooled Development Funds) to supply equity capitals to small- to medium-sized enterprises over extended periods, IIF (Innovation Investment Funds) to encourage early-stage investments on innovative small- to medium-sized enterprises, R and D Start to provide increased funds for small- to medium-sized enterprises now considering production on a commercial basis, COMET (Commercialising Emerging Technologies) and BITS (Building on Information Technology Strengths). (NEDO)

  11. Geothermal heat can cool, too

    International Nuclear Information System (INIS)

    Wellstein, J.

    2008-01-01

    This article takes a look at how geothermal energy can not only be used to supply heating energy, but also be used to provide cooling too. The article reports on a conference on heating and cooling with geothermal energy that was held in Duebendorf, Switzerland, in March 2008. The influence of climate change on needs for heating and cooling and the need for additional knowledge and data on deeper rock layers is noted. The seasonal use of geothermal systems to provide heating in winter and cooling in summer is discussed. The planning of geothermal probe fields and their simulation is addressed. As an example, the geothermal installations under the recently renewed and extended 'Dolder Grand' luxury hotel in Zurich are quoted. The new SIA 384/6 norm on geothermal probes issued by the Swiss Association of Architects SIA is briefly reviewed.

  12. Geothermal energy utilization in Russia

    Energy Technology Data Exchange (ETDEWEB)

    Svalova, V. [Institute of Environmental Geoscience, RAS, Moscow (Russian Federation)

    2011-07-01

    Geothermal energy use is the way to clean, sustainable energy development for the world. Russia has rich high and low temperature geothermal resources and is making progress using them - mostly with low-temperature geothermal resources and heat pumps This is optimal for many regions of Russia -in the European part, in the Urals and others. Electricity is generated by some geothermal power plants (GeoPP) only in the Kamchatka Peninsula and Kuril Islands There are two possible ways of using geothermal resources, depending on the properties of thermal waters heat/power and mineral extraction. The mineral-extraction direction is basic for geothermal waters, which contain valuable components in industrial quantities The most significant deposits of thermal waters represent the brines containing from 35 up to 400 and more g/l of salts. These are the minerals of many chemical dements. (author)

  13. Geothermal development plan: Maricopa county

    Energy Technology Data Exchange (ETDEWEB)

    White, D.H.

    1981-01-01

    Maricopa county is the area of Arizona receiving top priority since it contains over half of the state's population. The county is located entirely within the Basin and Range physiographic region in which geothermal resources are known to occur. Several approaches were taken to match potential users to geothermal resources. One approach involved matching some of the largest facilities in the county to nearby geothermal resources. Other approaches involved identifying industrial processes whose heat requirements are less than the average assessed geothermal reservoir temperature of 110/sup 0/C (230/sup 0/F). Since many of the industries are located on or near geothermal resources, geothermal energy potentially could be adapted to many industrial processes.

  14. Chemical logging of geothermal wells

    Science.gov (United States)

    Allen, C.A.; McAtee, R.E.

    The presence of geothermal aquifers can be detected while drilling in geothermal formations by maintaining a chemical log of the ratio of the concentrations of calcium to carbonate and bicarbonate ions in the return drilling fluid. A continuous increase in the ratio of the concentrations of calcium to carbonate and bicarbonate ions is indicative of the existence of a warm or hot geothermal aquifer at some increased depth.

  15. Internal corporate venturing during organisational change

    DEFF Research Database (Denmark)

    Kjærgaard, Annemette L.

    2004-01-01

    that a continuous stream of new ideas and initiatives create new opportunities and ensure that the company stays viable by adapting to new internal and external challenges. This has been pursued in studies of strategy formation (Mintzberg, 1978), strategic change (Pettigrew, 1988) and internal corporate venturing......Organisations have to deal with increasingly complex and turbulent environments, which demand that they continuously change and adapt to new circumstances or challenges. One way for organisations to cope with these challenges is to manage the strategy-making process in order to ensure...... (Burgelman, 1983b, 2002) and is still a central issue in the strategic management discourse. It is generally acknowledged that continuous change is important for organisations' survival in a changing world. On the other hand the need for stability and continuity in form of a clear and strong corporate...

  16. Ventures in science status report, Summer 1992

    Energy Technology Data Exchange (ETDEWEB)

    1992-11-01

    The Ventures in Science summer program is directed towards students who are from underrepresented minority groups in mathematics and science professions. The target group of 40 was drawn from eligible students who will be entering high school freshman in the fall of 1992. 450 students applied. The theme for the summer is Chicago as an Ecosystem. The students are instructed in integrated math and science (2 hours), English/ESL (1 1/2 hrs.), counseling (1 hr.) and, physical education (1 hr.) each day four days a week. Integrated math and science are team taught. Parents are invited to participate in two workshops that will be presented based on their input. Parents may also visit the program at any time and participate in any field trip.

  17. A venture capital view of superconductivity electronics

    International Nuclear Information System (INIS)

    Kressel, H.

    1987-01-01

    Many venture capital backed start-up companies have followed major technological innovations in recent years. However, the field of electronics based on the use of superconducting devices (i.e. the Josephson Junction) has been a noteworthy exception. Until 1983, the bulk of the American development effort on superconductivity electronics was conducted by IBM where the focus was to demonstrate the feasibility of a superconducting computer prototype. Other activities using Josephson Junctions involved the development and production of magnetic sensing instruments and modest quantities of magnetometers which were marketed by several very small companies primarily for laboratory use. In addition, other applications in radiation sensing and biomagnetism and research leading to practical systems were ongoing in several organizations

  18. Government Sponsored Venture Capital: Blessing Or Curse?

    Directory of Open Access Journals (Sweden)

    Erika Jáki

    2017-12-01

    Full Text Available Young companies with growth opportunities face serious problems when it comes to financing. The private venture capital (VC market fails to provide sufficient funding for this segment. First, we present the main characteristics of start-up companies and market failures that can lead to government intervention. These failures include asymmetric information embodied in the business plan; high transaction costs of the investment process from the investment decision to the exit; and positive externalities in the economy, as the government prefers other goals than profit realization. Government participation is categorized as direct or indirect intervention. We present international studies showing that indirect government intervention can have both beneficial and negative effects on the vc market. Finally, the Hungarian government’s participation and intervention are evaluated on the domestic VC market.

  19. Financial bootstrapping use in new family ventures and the impact on venture growth

    OpenAIRE

    Helleboogh, David; LAVEREN, Eddy; LYBAERT, Nadine

    2010-01-01

    This paper contributes to the general knowledge of bootstrap financing among new family ventures in two ways. Firstly, this research reveals which human capital characteristics of the owner-manager has an impact on financial bootstrapping use. The empirical results indicate that the use of bootstrapping techniques does not depend upon the family's business founder's education, but that it is a skill which is absorbed from self-employed parents or during the founder's prior work and management...

  20. Launching a world-class joint venture.

    Science.gov (United States)

    Bamford, James; Ernst, David; Fubini, David G

    2004-02-01

    More than 5,000 joint ventures, and many more contractual alliances, have been launched worldwide in the past five years. Companies are realizing that JVs and alliances can be lucrative vehicles for developing new products, moving into new markets, and increasing revenues. The problem is, the success rate for JVs and alliances is on a par with that for mergers and acquisitions--which is to say not very good. The authors, all McKinsey consultants, argue that JV success remains elusive for most companies because they don't pay enough attention to launch planning and execution. Most companies are highly disciplined about integrating the companies they target through M&A, but they rarely commit sufficient resources to launching similarly sized joint ventures or alliances. As a result, the parent companies experience strategic conflicts, governance gridlock, and missed operational synergies. Often, they walk away from the deal. The launch phase begins with the parent companies' signing of a memorandum of understanding and continues through the first 100 days of the JV or alliance's operation. During this period, it's critical for the parents to convene a team dedicated to exposing inherent tensions early. Specifically, the launch team must tackle four basic challenges. First, build and maintain strategic alignment across the separate corporate entities, each of which has its own goals, market pressures, and shareholders. Second, create a shared governance system for the two parent companies. Third, manage the economic interdependencies between the corporate parents and the JV. And fourth, build a cohesive, high-performing organization (the JV or alliance)--not a simple task, since most managers come from, will want to return to, and may even hold simultaneous positions in the parent companies. Using real-world examples, the authors offer their suggestions for meeting these challenges.

  1. Direct application of geothermal energy

    Energy Technology Data Exchange (ETDEWEB)

    Reistad, G.M.

    1980-01-01

    An overall treatment of direct geothermal applications is presented with an emphasis on the above-ground engineering. The types of geothermal resources and their general extent in the US are described. The potential market that may be served with geothermal energy is considered briefly. The evaluation considerations, special design aspects, and application approaches for geothermal energy use in each of the applications are considered. The present applications in the US are summarized and a bibliography of recent studies and applications is provided. (MHR)

  2. Water Desalination using geothermal energy

    KAUST Repository

    Goosen, M.

    2010-08-03

    The paper provides a critical overview of water desalination using geothermal resources. Specific case studies are presented, as well as an assessment of environmental risks and market potential and barriers to growth. The availability and suitability of low and high temperature geothermal energy in comparison to other renewable energy resources for desalination is also discussed. Analysis will show, for example, that the use of geothermal energy for thermal desalination can be justified only in the presence of cheap geothermal reservoirs or in decentralized applications focusing on small-scale water supplies in coastal regions, provided that society is able and willing to pay for desalting. 2010 by the authors; licensee MDPI, Basel, Switzerland.

  3. The geothermal KWh cost

    International Nuclear Information System (INIS)

    Anon.

    1995-01-01

    Numerous factors can influence the cost of geothermal electricity production: the size and power of production units, the conversion technology used (Rankine cycle or water steam), the resource quality (dry vapor or water-vapor mixing), the resource depth, the drilling activity in the country and the work people costs. In the United States of America the geothermal kWh cost ranges from 2.5 to 8.5 US cents, while in Italy and Nicaragua it ranges from 3 and 10 cents and from 5.7 to 6 cents, respectively. Results of a comparative study of the kWh production cost from different energy sources is also summarized. (J.S.). 1 tab

  4. Federal Interagency Geothermal Activities

    Energy Technology Data Exchange (ETDEWEB)

    Anderson, Arlene [Office of Energy Efficiency and Renewable Energy (EERE), Washington, DC (United States); Prencipe, Loretta [Office of Energy Efficiency and Renewable Energy (EERE), Washington, DC (United States); Todaro, Richard M. [Office of Energy Efficiency and Renewable Energy (EERE), Washington, DC (United States); Cuyler, David [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Eide, Elizabeth [Office of Energy Efficiency and Renewable Energy (EERE), Washington, DC (United States)

    2011-06-01

    This collaborative document describes the roles and responsibilities of key Federal agencies in the development of geothermal technologies including the U.S. Department of Energy (DOE); the U.S. Department of Agriculture (USDA), including the U.S. Forest Service; the U.S. Department of Interior (DOI), including the United States Geological Survey (USGS) and Bureau of Land Management (BLM); the Environmental Protection Agency (EPA); and the Department of Defense (DOD).

  5. Geothermal training at Auckland

    International Nuclear Information System (INIS)

    Hochstein, M.P.

    1990-01-01

    A total of 297 candidates from developing countries have attended the annual Geothermal Diploma Course at the University of Auckland between 1979 and 1989. Additional training in the form of post-graduate studies and short-term specialized courses has been given to 69 candidates from these countries between 1989 and 1989. In this paper performance indicators for the training are discussed, namely: demand, job retention rate, regional intake in relation to demand, and publication record of fellows

  6. NATIONAL GEOTHERMAL DATA SYSTEM (NGDS) GEOTHERMAL DATA DOMAIN: ASSESSMENT OF GEOTHERMAL COMMUNITY DATA NEEDS

    Energy Technology Data Exchange (ETDEWEB)

    Anderson, Arlene [United States Department of Energy; Blackwell, David [Southern Methodist University; Chickering, Cathy [Southern Methodist University; Boyd, Toni [Oregon Institute of Technology; Horne, Roland [Stanford University; MacKenzie, Matthew [Uberity Technology Corporation; Moore, Joseph [University of Utah; Nickull, Duane [Uberity Technology Corporation; Richard, Stephen [Arizona Geological survey; Shevenell, Lisa A. [University of Nevada, Reno

    2013-01-01

    To satisfy the critical need for geothermal data to ad- vance geothermal energy as a viable renewable ener- gy contender, the U.S. Department of Energy is in- vesting in the development of the National Geother- mal Data System (NGDS). This paper outlines efforts among geothermal data providers nationwide to sup- ply cutting edge geo-informatics. NGDS geothermal data acquisition, delivery, and methodology are dis- cussed. In particular, this paper addresses the various types of data required to effectively assess geother- mal energy potential and why simple links to existing data are insufficient. To create a platform for ready access by all geothermal stakeholders, the NGDS in- cludes a work plan that addresses data assets and re- sources of interest to users, a survey of data provid- ers, data content models, and how data will be ex- changed and promoted, as well as lessons learned within the geothermal community.

  7. Geothermal Power Generation Plant

    Energy Technology Data Exchange (ETDEWEB)

    Boyd, Tonya [Oregon Inst. of Technology, Klamath Falls, OR (United States). Geo-Heat Center

    2013-12-01

    Oregon Institute of Technology (OIT) drilled a deep geothermal well on campus (to 5,300 feet deep) which produced 196°F resource as part of the 2008 OIT Congressionally Directed Project. OIT will construct a geothermal power plant (estimated at 1.75 MWe gross output). The plant would provide 50 to 75 percent of the electricity demand on campus. Technical support for construction and operations will be provided by OIT’s Geo-Heat Center. The power plant will be housed adjacent to the existing heat exchange building on the south east corner of campus near the existing geothermal production wells used for heating campus. Cooling water will be supplied from the nearby cold water wells to a cooling tower or air cooling may be used, depending upon the type of plant selected. Using the flow obtained from the deep well, not only can energy be generated from the power plant, but the “waste” water will also be used to supplement space heating on campus. A pipeline will be construction from the well to the heat exchanger building, and then a discharge line will be construction around the east and north side of campus for anticipated use of the “waste” water by facilities in an adjacent sustainable energy park. An injection well will need to be drilled to handle the flow, as the campus existing injection wells are limited in capacity.

  8. Characteristics and drivers of venture capital investment activity in Romania

    Directory of Open Access Journals (Sweden)

    Mihaela DIACONU

    2012-07-01

    Full Text Available The present paper aims at characterising the venture capital market and identifying factors affecting the venture capital investments activity in Romania in the period 2000-2010. With a view to assessing the intensity of manifestation of various factors on the supply and demand of venture capital we use an econometric model of macroeconomic variables already tested in the literature. We consider, however, that we bring contributions to the approach, by analysing the features of the venture capital market in Romania and impact factors, our work being, at the same time, support in assessing the types of decisions to be adopted by policymakers to the formation of an authentic market and stimulating innovation. Our results indicate that the total R&D intensity is the main determinant of the venture capitals invested in this period in the two phases (for early stages and expansion. A significant incidence, mainly on the supply side, also shows the annual long term real interest rate, while the market capitalisation, the effective marginal tax rate on corporate income, the annual inflation or unemployment rate do not impact on the venture capital. Our recommendations, in terms of formation and development of the venture capital market, look as a priority, strengthening the demand for resources, respectively encouraging of enterprises to innovate, creating of conditions for the supply to be manifested in the seed and start-up stages and the compatibilization of the need for resources with prudential rules by adapting regulations for institutional investors.

  9. Geothermal energy. A national proposal for geothermal resources research

    Energy Technology Data Exchange (ETDEWEB)

    Denton, J.C. (ed.)

    1972-01-01

    Discussions are given for each of the following topics: (1) importance to the Nation of geothermal resources, (2) budget recommendations, (3) overview of geothermal resources, (4) resource exploration, (5) resource assessment, (6) resource development and production, (7) utilization technology and economics, (8) environmental effects, (9) institutional considerations, and (10) summary of research needs.

  10. Geotherm: the U.S. geological survey geothermal information system

    Science.gov (United States)

    Bliss, J.D.; Rapport, A.

    1983-01-01

    GEOTHERM is a comprehensive system of public databases and software used to store, locate, and evaluate information on the geology, geochemistry, and hydrology of geothermal systems. Three main databases address the general characteristics of geothermal wells and fields, and the chemical properties of geothermal fluids; the last database is currently the most active. System tasks are divided into four areas: (1) data acquisition and entry, involving data entry via word processors and magnetic tape; (2) quality assurance, including the criteria and standards handbook and front-end data-screening programs; (3) operation, involving database backups and information extraction; and (4) user assistance, preparation of such items as application programs, and a quarterly newsletter. The principal task of GEOTHERM is to provide information and research support for the conduct of national geothermal-resource assessments. The principal users of GEOTHERM are those involved with the Geothermal Research Program of the U.S. Geological Survey. Information in the system is available to the public on request. ?? 1983.

  11. The post-formation management of international joint ventures

    DEFF Research Database (Denmark)

    Dao, Li

    2014-01-01

    International joint venture (IJV) is not a new organizational phenomenon in international business. Existing research in IJVs has provided a well-established body of knowledge informing much of the joint venture process from parent firms’ strategic consideration to implementation phase...... a sensemaking approach to IJV post-formation management in search of capturing such ‘soft’, invisible managerial processes in a visible conceptualization that contributes to a better understanding of this complex organizational phenomenon. Empirical insights from cases of Danish – Vietnamese joint ventures...

  12. Geothermal Energy: Tapping the Potential

    Science.gov (United States)

    Johnson, Bill

    2008-01-01

    Ground source geothermal energy enables one to tap into the earth's stored renewable energy for heating and cooling facilities. Proper application of ground-source geothermal technology can have a dramatic impact on the efficiency and financial performance of building energy utilization (30%+). At the same time, using this alternative energy…

  13. Geothermal Energy: Prospects and Problems

    Science.gov (United States)

    Ritter, William W.

    1973-01-01

    An examination of geothermal energy as a means of increasing the United States power resources with minimal pollution problems. Developed and planned geothermal-electric power installations around the world, capacities, installation dates, etc., are reviewed. Environmental impact, problems, etc. are discussed. (LK)

  14. The Future of Geothermal Energy

    Energy Technology Data Exchange (ETDEWEB)

    Kubik, Michelle [Massachusetts Inst. of Technology (MIT), Cambridge, MA (United States)

    2006-01-01

    A comprehensive assessment of enhanced, or engineered, geothermal systems was carried out by an 18-member panel assembled by the Massachusetts Institute of Technology (MIT) to evaluate the potential of geothermal energy becoming a major energy source for the United States.

  15. Geothermal engineering fundamentals and applications

    CERN Document Server

    Watson, Arnold

    2013-01-01

    This book explains the engineering required to bring geothermal resources into use. The book covers specifically engineering aspects that are unique to geothermal engineering, such as measurements in wells and their interpretation, transport of near-boiling water through long pipelines, turbines driven by fluids other than steam, and project economics. The explanations are reinforced by drawing comparisons with other energy industries.

  16. Multipurpose Use of Geothermal Energy

    Energy Technology Data Exchange (ETDEWEB)

    Lienau, Paul J.; Lund, John W. (eds.)

    1974-10-09

    The conference was organized to review the non-electric, multipurpose uses of geothermal energy in Hungary, Iceland, New Zealand, United States and the USSR. The international viewpoint was presented to provide an interchange of information from countries where non-electric use of geothermal energy has reached practical importance.

  17. 13 CFR 108.10 - Description of the New Markets Venture Capital Program.

    Science.gov (United States)

    2010-01-01

    ... Venture Capital Program. 108.10 Section 108.10 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION NEW MARKETS VENTURE CAPITAL (âNMVCâ) PROGRAM Introduction to Part 108 § 108.10 Description of the New Markets Venture Capital Program. The New Markets Venture Capital (“NMVC”) Program is a...

  18. Mudaraba-Venture Capital Closed-end Mutual Funds and Mudaraba-Venture Capital Open-end Mutual Funds

    OpenAIRE

    Halil Ibrahim Bulut

    2008-01-01

    The important part of this study attempts to explain that both venture capital and interest-free financing are based on similar ground, if not the same. Two new models called Mudaraba-Venture Capital Closed-End Mutual Funds and Mudaraba-Venture Capital Open-End Mutual Funds, based on both the similarities and the needs of financial innovation in the interest-free financing system, are detailed. It is believed that the development of these two models could make some improvements not only in th...

  19. Geothermal Field Investigations of Turkey

    Science.gov (United States)

    Sayın, N.; Özer, N.

    2017-12-01

    Geothermal energy is a type of energy that are found in the accessible depth of the crust, in the reservoirs by way of the permeable rocks, specially in heated fluid. Geothermal system is made of 3 main components; heat source, reservoir, and fluid bearing heat. Geothermal system mechanism is comprise of fluid transmission. Convection current (heat transmission) is caused by heating and causes the fluid in the system to expand. Heated fluid with low density show tendency to rise in system. Geothermal system occurs with variable geophysics and geochemical properties. Geophysical methods can determine structural properties of shallow and deep reservoirs with temperature, mineralization, gas amount, fluid movement, faulting, and sudden change in lithostratigraphic strata. This study revealed possible reservoir structures and showed examples of geophysics and gas measuring results in Turkey which is wealthy in regard to Geothermal sources.

  20. 2008 Geothermal Technologies Market Report

    Energy Technology Data Exchange (ETDEWEB)

    Jonathan Cross

    2009-07-01

    This report describes market-wide trends for the geothermal industry throughout 2008 and the beginning of 2009. It begins with an overview of the GTP’s involvement with the geothermal industry and recent investment trends for electric generation technologies. The report next describes the current state of geothermal power generation and activity within the United States, costs associated with development, financing trends, an analysis of the levelized cost of energy (LCOE), and a look at the current policy environment. The report also highlights trends regarding direct use of geothermal energy, including GHPs.† The final sections of the report focus on international perspectives, employment and economic benefits from geothermal energy development, and potential incentives in pending national legislation.

  1. Environmental Assessment Lakeview Geothermal Project

    Energy Technology Data Exchange (ETDEWEB)

    Treis, Tania [Southern Oregon Economic Development Department, Medford, OR (United States)

    2012-04-30

    The Town of Lakeview is proposing to construct and operate a geothermal direct use district heating system in Lakeview, Oregon. The proposed project would be in Lake County, Oregon, within the Lakeview Known Geothermal Resources Area (KGRA). The proposed project includes the following elements: Drilling, testing, and completion of a new production well and geothermal water injection well; construction and operation of a geothermal production fluid pipeline from the well pad to various Town buildings (i.e., local schools, hospital, and Lake County Industrial Park) and back to a geothermal water injection well. This EA describes the proposed project, the alternatives considered, and presents the environmental analysis pursuant to the National Environmental Policy Act. The project would not result in adverse effects to the environment with the implementation of environmental protection measures.

  2. Geothermal Small Business Workbook [Geothermal Outreach and Project Financing

    Energy Technology Data Exchange (ETDEWEB)

    Elizabeth Battocletti

    2003-05-01

    Small businesses are the cornerstone of the American economy. Over 22 million small businesses account for approximately 99% of employers, employ about half of the private sector workforce, and are responsible for about two-thirds of net new jobs. Many small businesses fared better than the Fortune 500 in 2001. Non-farm proprietors income rose 2.4% in 2001 while corporate profits declined 7.2%. Yet not all is rosy for small businesses, particularly new ones. One-third close within two years of opening. From 1989 to 1992, almost half closed within four years; only 39.5% were still open after six years. Why do some new businesses thrive and some fail? What helps a new business succeed? Industry knowledge, business and financial planning, and good management. Small geothermal businesses are no different. Low- and medium-temperature geothermal resources exist throughout the western United States, the majority not yet tapped. A recent survey of ten western states identified more than 9,000 thermal wells and springs, over 900 low- to moderate-temperature geothermal resource areas, and hundreds of direct-use sites. Many opportunities exist for geothermal entrepreneurs to develop many of these sites into thriving small businesses. The ''Geothermal Small Business Workbook'' (''Workbook'') was written to give geothermal entrepreneurs, small businesses, and developers the tools they need to understand geothermal applications--both direct use and small-scale power generation--and to write a business and financing plan. The Workbook will: Provide background, market, and regulatory data for direct use and small-scale (< 1 megawatt) power generation geothermal projects; Refer you to several sources of useful information including owners of existing geothermal businesses, trade associations, and other organizations; Break down the complicated and sometimes tedious process of writing a business plan into five easy steps; Lead you

  3. Institutional and financial guide to geothermal district heating. Serial No. 2

    Energy Technology Data Exchange (ETDEWEB)

    1982-03-01

    General planning considerations which affect nearly every community are reviewed, and alternative operating structures which are available to communities are reviewed, including local governments, nonprofit cooperatives, private enterprises, and joint ventures. The financing options available to publicly-owned and privately-owned district heating systems are then summarized. The geothermal production and distribution activities most appropriate to each type of operating structure are reviewed, along with typical equity and debt funding sources. The tax advantages for private developers are described, as are the issures of customer contracts and service prices, and customer retrofit financing. The treatment is limited to an introductory overview. (LEW)

  4. Proposed Chevron Tengiz venture stalls amid Soviet political squabble

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    This paper reports on the status of foreign investment in Soviet oil and gas joint ventures which has reached a critical juncture. Just as the U.S. is considering granting most favored nation trade status to the U.S.S.R., the joint venture petroleum deal seen as the litmus test for such deals-Chevron Corp.'s proposed addition of supergiant Tengiz oil field to its Caspian Sea joint venture-has stalled amid controversy. Unconfirmed reports from Soviet officials and other foreign joint venture participants in the U.S.S.R. have Chevron pulling out of the long negotiated, multibillion dollar project after the Soviets rejected the company's terms. Chevron, however, insists the project is still alive

  5. Colorado River Sewer System Joint Venture to Upgrade Wastewater System

    Science.gov (United States)

    SAN FRANCISCO -Today, the Colorado River Sewer System Joint Venture, located in Parker, Ariz. entered into an agreement with the EPA to upgrade their wastewater treatment system to meet stringent water quality standards. The cost of the upgrade is ap

  6. Venture Capital Investment in the Life Sciences in Switzerland.

    Science.gov (United States)

    Hosang, Markus

    2014-12-01

    Innovation is one of the main driving factors for continuous and healthy economic growth and welfare. Switzerland as a resource-poor country is particularly dependent on innovation, and the life sciences, which comprise biotechnologies, (bio)pharmaceuticals, medical technologies and diagnostics, are one of the key areas of innovative strength of Switzerland. Venture capital financing and venture capitalists (frequently called 'VCs') and investors in public equities have played and still play a pivotal role in financing the Swiss biotechnology industry. In the following some general features of venture capital investment in life sciences as well as some opportunities and challenges which venture capital investors in Switzerland are facing are highlighted. In addition certain means to counteract these challenges including the 'Zukunftsfonds Schweiz' are discussed.

  7. Development trends of the venture capital financing institution: spaciotemporal profile

    Directory of Open Access Journals (Sweden)

    T. I. Volkova

    2010-09-01

    Full Text Available The article describes the results of the research of development and performance features of the venture capital financing institution in leading countries as well as in Russia and in its regions. A number of main trends in venture financing in accordance with the level of innovation process` development abroad and in our country are emphasized, first of all by stages of support of scientific and technological developments and projects. Positive trends and contradictions in development of venture capital financing institution in Russia and its regions are revealed. Main directions of activation of venture financing process are systematized in accordance with the requirements of the Concept of long-term social-economic development of the Russian Federation till 2020 and the Strategy of social-economic development of the Sverdlovsk region until 2020.

  8. Using Venture Capital to Improve Army Research and Development

    National Research Council Canada - National Science Library

    Held, Bruce

    2000-01-01

    ...) while keeping current equipment relevant and affordable. This issue paper introduces the idea that the Army should fund some of its technology development through a private venture capital organization...

  9. United States -- Mexican joint ventures: A case history approach

    Energy Technology Data Exchange (ETDEWEB)

    Moore, N.L.; Chidester, R.J.; Hughes, K.R.; Fowler, R.A.

    1993-03-01

    Because the Mexican government has encouraged investment in Mexico by increasing the percentage of ownership of a Mexican business that a US company can hold, joint ventures are more attractive now than they had been in the past. This study provides preliminary information for US renewable energy companies who are interested in forming a joint venture with a Mexican company. This report is not intended to be a complete reference but does identifies a number of important factors that should be observed when forming a Mexican joint venture: (1)Successful joint ventures achieve the goals of each partner. (2)It is essential that all parties agree to the allocation of responsibilities. (3)Put everything in writing. (4)Research in depth the country or countries in which you are considering doing business.

  10. Status of geothermal energy in Ethiopia

    International Nuclear Information System (INIS)

    Endeshaw, A.; Belaineh, M.

    1990-01-01

    This paper reports that there are several identified geothermal localities in Ethiopia. Ten geothermal localities have been studied with regional assessments, while three localities have had pre-feasibility studies. In one area, the Aluto-Langano geothermal field, the feasibility studies have been completed. However, the geothermal resources have not been utilized yet except in the traditional baths

  11. INTEGRATED EXPLORATION OF GEOTHERMAL RESOURCES

    Directory of Open Access Journals (Sweden)

    A. B. Alkhasov

    2016-01-01

    Full Text Available The aim. The aim is to develop the energy efficient technologies to explore hydro geothermal resources of different energy potential.Methods. Evaluation of the effectiveness of the proposed technologies has been carried out with the use of physical and mathematical, thermodynamic and optimization methods of calculation and the physical and chemical experimental research.Results. We propose the technology of integrated exploration of low-grade geothermal resources with the application of heat and water resource potential on various purposes. We also argue for the possibility of effective exploration of geothermal resources by building a binary geothermal power plant using idle oil and gas wells. We prove the prospect of geothermal steam and gas technologies enabling highly efficient use of thermal water of low energy potential (80 - 100 ° C degrees to generate electricity; the prospects of complex processing of high-temperature geothermal brine of Tarumovsky field. Thermal energy is utilized in a binary geothermal power plant in the supercritical Rankine cycle operating with a low-boiling agent. The low temperature spent brine from the geothermal power plant with is supplied to the chemical plant, where the main chemical components are extracted - lithium carbonate, magnesium burning, calcium carbonate and sodium chloride. Next, the waste water is used for various water management objectives. Electricity generated in the binary geothermal power plant is used for the extraction of chemical components.Conclusions. Implementation of the proposed technologies will facilitate the most efficient development of hydro geothermal resources of the North Caucasus region. Integrated exploration of the Tarumovsky field resources will fully meet Russian demand for lithium carbonate and sodium chloride.

  12. Determinants of Success in Private Equity-Venture Capital Investments

    OpenAIRE

    Antonio Gledson de Carvalho; Eduardo Madureira Rodrigues Siqueira; Humberto Gallucci Netto

    2011-01-01

    This paper investigates the determinants of performance of the investments of private equity and venture capital (PEVC) funds in Brazil. We use two unique databases: the First Brazilian Private Equity and Venture Capital Census and the Guia-GVcepe Endeavor, with information on this industry for the period 1999 to 2007. As measures of performance we use the percentage and number of exits through IPO, acquisition by a company or by another investor. Our results indicate that the factors influen...

  13. Venture Capital and Strategic Investment for Developing Government Mission Capabilities

    Science.gov (United States)

    2014-01-01

    Defense Venture Catalyst Initiative, Welcome to Defense Venture Catalyst Initiative, undated. 10 A. McBride, Pentagon Turns to Silicon Valley for Leads...negotiating valuation and other terms, such as profit participation, stock redemption rights, board membership, and voting rights. The manager will very...to be an agile, flexible commercial firm that could work on its own terms with firms in Silicon Valley and throughout the world.”4 Since inception

  14. JOINT VENTURE: STRATEGY TO OBTAINTHE MANAGERIAL COMPETITIVENESS IN PERU

    OpenAIRE

    Maguiña F., Raúl

    2014-01-01

    This article proposes a managerial competitiveness strategy using the Joint- Venture enterprise, rising out of alliances linking business units, by analizing its making-up process through legal and clear compromise requirements, framed within the peruvian law, and with the purpose of getting feasibility of various investment projects, in any production sector in our country. El artículo propone una estrategia de competitividad empresarial utilizando el joint venture, a partir de alianzas q...

  15. 'Soft' human resource management in small international joint ventures

    DEFF Research Database (Denmark)

    Dao, Li

    2012-01-01

    This paper examines the value creation aspects of HRM in international joint ventures of a relatively small size and their implications for strategic management. We assume that HRM in this context is rather a process than a function, and a ‘soft’ – humanistic rather than a ‘hard’, instrumentalist...... of joint venture autonomy. A conceptual framework developed from these empirical insights invites further generalizing efforts, and more importantly, contributes to a dynamic understanding of HRM in small IJVs....

  16. Joint venture versus outreach: a financial analysis of case studies.

    Science.gov (United States)

    Forsman, R W

    2001-01-01

    Medical centers across the country are facing cost challenges, and national commercial laboratories are experiencing financial declines that necessitate their capturing market share in any way possible. Many laboratories are turning to joint ventures or partnerships for financial relief. However, it often is in the best interest of the patient and the medical center to integrate laboratory services across the continuum of care. This article analyzes two hypothetical joint ventures involving a laboratory management agreement and full laboratory outsourcing.

  17. There's no profiting from a joint venture misadventure.

    Science.gov (United States)

    Herschman, Gary W

    2004-10-01

    In St. David's vs. IRS, a not-for-profit health system effectively challenged the IRS's determination that the system should be disqualified from tax exemption because it had entered a 50/50 joint venture with a for-profit system. The court decisions in St. David's, coupled with a recent IRS ruling, Revenue Ruling 2004-51, provide insight into how a not-for-profit hospital can structure such a joint venture to avoid jeopardizing its tax-exempt status.

  18. Issues and Challenges on Venturing into Facebook Commerce

    OpenAIRE

    Caroline Sumathi; Manimekalai Jambulingam; Gobindran Raj Rajagopal

    2015-01-01

    The study examines the challenges encountered by small entrepreneurs when venturing into Facebook commerce. Social media has revolutionized not only our daily lives, but also the business world. This study involved 50 small entrepreneurs and adopted mixed method of quantitative and qualitative designs to collect data. The study revealed that lack of IT knowledge and set of cost significantly affected the respondents ‘decision to venture into Facebook commerce. However, many small entrepreneur...

  19. Geothermal energy. Pt.2

    International Nuclear Information System (INIS)

    Anon.

    1990-01-01

    Geothermal energy has certain features that make it highly recommendable as a source of power production. It is noted by its high load factor; it may be used as a basic or peak source; its versatility and high availability among others. In spite of these advantages, geothermal energy has not attained a significant development up to now. There are several reasons for this to happen, while the main one is that it requires an important initial investment. Assessing if an area is potentially profitable for the obtention of a given type of energy implies performing a complex set of analyses and prospective work, but it is not so significant as that associated with petroleum. The strategy for the exploration of geothermal resources is based on the execution of consecutive stages ranging from a surveillance at a regional scale to a project feasibility study, with growing investments and using more and more complex techniques. Many Latin American countries are located in areas considered as promisory concerning the development of this type of exploitation. Another factor supporting this view is a special demographic feature, showing a very irregular distribution of the population, with extense isolated areas with a minimun number of inhabitants that does not justify the extension of the electric power network. There are plants operating in four countries producing, as a whole, 881 MW. In Argentina the activities are aimed to intensifying the knowledge about the availability of this resource within the local territory and to estimating the feasibility of its usage in areas where exploration is more advanced [es

  20. MMV: New Medicines for Malaria Venture.

    Science.gov (United States)

    1999-02-01

    New Medicines for Malaria Venture (MMV) is a public/private, nonprofit initiative to develop 1 new drug against malaria every 5 years. It will operate under the umbrella of Roll Back Malaria, a new project launched by World Health Organization (WHO) Director General, Dr. Gro Harlem Brundtland. The UNDP/World Bank/WHO Special Program for Research and Training in Tropical Diseases (TDR) helped establish the MMV through its product R&D unit, and there has been considerable industrial input. The World Bank and the Global Forum for Health Research are other international agencies involved in the initiative, while several philanthropic organizations such as the Rockefeller Foundation and the Wellcome Trust have also played major roles. MMV will create a fund and operate by financing and resourcing a limited number of projects in a manner compatible with industrial procedures. The fund is mainly supported financially by the public sector, while a funding commitment of US$15 million/year rising to US$30 million a year is being sought. Companies are providing mainly in-kind support.

  1. Geothermal Information Dissemination and Outreach

    Energy Technology Data Exchange (ETDEWEB)

    Clutter, Ted J. [Geothermal Resources Council (United States)

    2005-02-18

    Project Purpose. To enhance technological and topical information transfer in support of industry and government efforts to increase geothermal energy use in the United States (power production, direct use, and geothermal groundsource heat pumps). Project Work. GRC 2003 Annual Meeting. The GRC convened the meeting on Oct. 12-15, 2003, at Morelia's Centro de Convenciones y ExpoCentro in Mexico under the theme, International Collaboration for Geothermal Energy in the Americas. The event was also sponsored by the Comision Federal de Electricidad. ~600 participants from more than 20 countries attended the event. The GRC convened a Development of Geothermal Projects Workshop and Geothermal Exploration Techniques Workshop. GRC Field Trips included Los Azufres and Paricutin Volcano on Oct. 11. The Geothermal Energy Association (Washington, DC) staged its Geothermal Energy Trade Show. The Annual Meeting Opening Session was convened on Oct. 13, and included the governor of Michoacan, the Mexico Assistant Secretary of Energy, CFE Geothermal Division Director, DOE Geothermal Program Manager, and private sector representatives. The 2003 Annual Meeting attracted 160 papers for oral and poster presentations. GRC 2004. Under the theme, Geothermal - The Reliable Renewable, the GRC 2004 Annual Meeting convened on Aug. 29-Sept. 1, 2004, at the Hyatt Grand Champions Resort at Indian Wells, CA. Estimated total attendance (including Trade Show personnel, guests and accompanying persons) was ~700. The event included a workshop, Geothermal Production Well Pump Installation, Operation and Maintenance. Field trips went to Coso/Mammoth and Imperial Valley/Salton Sea geothermal fields. The event Opening Session featured speakers from the U.S. Department of Energy, U.S. Department of the Interior, and the private sector. The Geothermal Energy Association staged its Geothermal Energy Trade Show. The Geothermal Education Office staged its Geothermal Energy Workshop. Several local radio and

  2. Geothermal heat pump performance

    Energy Technology Data Exchange (ETDEWEB)

    Boyd, Tonya L.; Lienau, Paul J.

    1995-01-01

    Geothermal heat pump systems are a promising new energy technology that has shown rapid increase in usage over the past ten years in the United States. These systems offer substantial benefits to customers and utilities in energy (kWh) and demand (kW) savings. The purpose of this study was to determine what existing monitored data was available mainly from electric utilities on heat pump performance, energy savings and demand reduction for residential, school, and commercial building applications. Information was developed on the status of electric utility marketing programs, barriers to market penetration, incentive programs, and benefits.

  3. Geothermal Heat Pump Performance

    Energy Technology Data Exchange (ETDEWEB)

    Boyd, Tonya L.; Lienau, Paul J.

    1995-01-01

    Geothermal heat pump systems are a promising new energy technology that has shown rapid increase in usage over the past ten years in the United States. These systems offer substantial benefits to customers and utilities in energy (kWh) and demand (kW) savings. The purpose of this study was to determine what existing monitored data was available mainly from electric utilities on heat pump performance, energy savings and demand reduction for residential, school, and commercial building applications. Information was developed on the status of electric utility marketing programs, barriers to market penetration, incentive programs, and benefits.

  4. Geothermal heating saves energy

    International Nuclear Information System (INIS)

    Romsaas, Tor

    2003-01-01

    The article reviews briefly a pioneer project for a construction area of 200000 m''2 with residences, business complexes, a hotel and conference centre and a commercial college in Oslo. The energy conservation potential is estimated to be about 60-70 % compared to direct heating with oil, gas or electricity as sources. There will also be substantial reduction in environmentally damaging emissions. The proposed energy central combines geothermal energy sources with heat pump technology, utilises water as energy carrier and uses terrestrial wells for energy storage. A cost approximation is presented

  5. Infrastructure Joint Venture Projects in Malaysia: A Preliminary Study

    Science.gov (United States)

    Romeli, Norsyakilah; Muhamad Halil, Faridah; Ismail, Faridah; Sufian Hasim, Muhammad

    2018-03-01

    As many developed country practise, the function of the infrastructure is to connect the each region of Malaysia holistically and infrastructure is an investment network projects such as transportation water and sewerage, power, communication and irrigations system. Hence, a billions allocations of government income reserved for the sake of the infrastructure development. Towards a successful infrastructure development, a joint venture approach has been promotes by 2016 in one of the government thrust in Construction Industry Transformation Plan which encourage the internationalisation among contractors. However, there is depletion in information on the actual practise of the infrastructure joint venture projects in Malaysia. Therefore, this study attempt to explore the real application of the joint venture in Malaysian infrastructure projects. Using the questionnaire survey, a set of survey question distributed to the targeted respondents. The survey contained three section which the sections are respondent details, organizations background and project capital in infrastructure joint venture project. The results recorded and analyse using SPSS software. The contractors stated that they have implemented the joint venture practice with mostly the client with the usual construction period of the infrastructure project are more than 5 years. Other than that, the study indicates that there are problems in the joint venture project in the perspective of the project capital and the railway infrastructure should be given a highlights in future study due to its high significant in term of cost and technical issues.

  6. Infrastructure Joint Venture Projects in Malaysia: A Preliminary Study

    Directory of Open Access Journals (Sweden)

    Romeli Norsyakilah

    2018-01-01

    Full Text Available As many developed country practise, the function of the infrastructure is to connect the each region of Malaysia holistically and infrastructure is an investment network projects such as transportation water and sewerage, power, communication and irrigations system. Hence, a billions allocations of government income reserved for the sake of the infrastructure development. Towards a successful infrastructure development, a joint venture approach has been promotes by 2016 in one of the government thrust in Construction Industry Transformation Plan which encourage the internationalisation among contractors. However, there is depletion in information on the actual practise of the infrastructure joint venture projects in Malaysia. Therefore, this study attempt to explore the real application of the joint venture in Malaysian infrastructure projects. Using the questionnaire survey, a set of survey question distributed to the targeted respondents. The survey contained three section which the sections are respondent details, organizations background and project capital in infrastructure joint venture project. The results recorded and analyse using SPSS software. The contractors stated that they have implemented the joint venture practice with mostly the client with the usual construction period of the infrastructure project are more than 5 years. Other than that, the study indicates that there are problems in the joint venture project in the perspective of the project capital and the railway infrastructure should be given a highlights in future study due to its high significant in term of cost and technical issues.

  7. The impact of joint ventures on U.S. hospitals.

    Science.gov (United States)

    Harrison, Jeffrey P

    2006-01-01

    This quantitative research study assesses the organizational characteristics, market factors, and profitability of US hospitals that operate joint ventures with other health care organizations. Data was obtained from the 2001 American Hospital Association annual survey, the Area Resource File, and the Center for Medicare and Medicaid Services Minimum Data Set. These data files provide essential information on individual acute care hospitals, the communities they serve, and the level of financial performance. Descriptive statistics were evaluated and a logistic regression model was utilized to examine hospitals operating joint ventures. The study found hospitals that operate joint ventures are located in communities with more elderly patients, lower unemployment, and lower HMO penetration. From an operating performance perspective, hospitals that operate joint ventures have a higher occupancy rate, a higher average length of stay, more clinical services, lower long-term debt, and a greater number of managed care contracts. The results also appear to indicate that joint ventures have a positive financial impact on US hospitals. The study has managerial implications supporting the use of joint ventures to improve hospital performance and policy implications on resource allocation.

  8. A guide to organizing joint ventures with physicians.

    Science.gov (United States)

    Peters, G R

    1986-12-01

    Catholic health care facilities must consider the business and legal risks, canon law, and other constraints when planning a joint venture with physicians. Participants should first establish goals and compatibility, then determine the venture's type (property, service), form ("true," lease, contract), and structure (corporation, partnership, joint property ownership, trust). The administrator must decide whether the facility will participate directly in the venture or form a separate organization. Participants must determine their relationships with the venture, choosing among many options. The administrator should consider whether a venture raises any canon law issues, especially regarding ecclesiastical and secular assets, approval by the local bishop or Holy See, and need for consultation. Other pertinent legal issues include: Fraud and abuse. The venture should not appear as compensation to induce referrals. Physician referrals. Many states prohibit or restrict referrals by physician participants. Antitrust law. Participants may be liable for actions constituting on antitrust violation. Securities low. Organizers must clarify Securities and Exchange Commission registration exemptions and observe state "blue sky" laws. Tax issues. Catholic health care facilities must consider such factors as tax-exempt status, unrelated business income, taxable subsidiaries, and public charity status. Other considerations include tax ramifications for physicians; tax shelter registration; certificate of need (CON), licensing, and building standards; effects on reimbursement and pension plans; organizational and bond documents; corporate medical practice and fee-splitting questions; and labor and contractual issues.

  9. The start-up processes of academic spin-offs and non-academic ventures

    OpenAIRE

    Roininen, Sari

    2006-01-01

    New and small firms are important for the national economic growth, and hence there is a growing interest among policy makers and researchers in understanding the start-up processes among new ventures in order to facilitate more new venture creations. Prior research addressing new ventures' start-up processes focus mainly on the individual behind the venture or different activities in the start-up process. The overall purpose of this study is to increase the understanding of new venture s...

  10. Geothermal Technologies Program Blue Ribbon Panel Recommendations

    Energy Technology Data Exchange (ETDEWEB)

    none,

    2011-06-17

    The Geothermal Technologies Program assembled a geothermal Blue Ribbon Panel on March 22-23, 2011 in Albuquerque, New Mexico for a guided discussion on the future of geothermal energy in the United States and the role of the DOE Program. The Geothermal Blue Ribbon Panel Report captures the discussions and recommendations of the experts. An addendum is available here: http://www.eere.energy.gov/geothermal/pdfs/gtp_blue_ribbon_panel_report_addendum10-2011.pdf

  11. Geothermal Energy and its Prospects in Lithuania

    International Nuclear Information System (INIS)

    Radeckas, B.

    1995-01-01

    Data on the geothermal resources in lithuania and on their prospective usage are presented. The analysis covers water horizons of the geothermal anomaly in West Lithuania and their hydrogeology. The energy of the 3 km thick geothermal source was evaluated. Technical and economical possibilities of using geothermal energy in West Lithuania are described. Some aspects of the investment and of the project of a geothermal power plant in Klaipeda are considered. (author). 6 refs., 6 tabs., 2 figs

  12. Outline of geothermal activity in Czechoslovakia

    International Nuclear Information System (INIS)

    Franko, O.; Bodis, D.; Dendek, M.; Remsik, A.

    1990-01-01

    This paper reports that in respect of different geothermal conditions in the Bohemian Massif (unfavorable) and in the West Carpathians (favorable), the development and utilization of geothermal energy are concentrated in Slovakia. THe utilization of geothermal energy for the heating of buildings in spas commenced in 1958. Thermal energy of geothermal waters was used for direct heating through heat exchangers, and in one case by a heat pump. Concentrated continuous development and utilization of geothermal energy started in 1971

  13. Potential of geothermal systems in Picardy

    OpenAIRE

    Dourlat, Estelle

    2017-01-01

    Geothermal systems are not only about electrical plants or urban heating networks, but also concerned with geothermal energy assisted with a heat pump. In the former region of Picardy (North of France), 97% of the territory is suitable for very low temperature geothermal power. The French Agency for the Environment and Energy Management and the Picardy Region decided in 2016 to finance a facilitator to encourage geothermal use. To carry out this aim, it is important to consider the geothermal...

  14. Boron isotopes in geothermal systems

    International Nuclear Information System (INIS)

    Aggarwal, J.

    1997-01-01

    Boron is a highly mobile element and during water-rock reactions, boron is leached out of rocks with no apparent fractionation. In geothermal systems where the water recharging the systems are meteoric in origin, the B isotope ratio of the geothermal fluid reflects the B isotope ratio of the rocks. Seawater has a distinctive B isotope ratio and where seawater recharges the geothermal system, the B isotope ratio of the geothermal system reflects the mixing of rock derived B and seawater derived B. Any deviations of the actual B isotope ratio of a mixture reflects subtle differences in the water-rock ratios in the cold downwelling limb of the hydrothermal system. This paper will present data from a variety of different geothermal systems, including New Zealand; Iceland; Yellowston, USA; Ibusuki, Japan to show the range in B isotope ratios in active geothermal systems. Some of these systems show well defined mixing trends between seawater and the host rocks, whilst others show the boron isotope ratios of the host rock only. In geothermal systems containing high amounts of CO 2 boron isotope ratios from a volatile B source can also be inferred. (auth)

  15. Policy for geothermal energy development

    Energy Technology Data Exchange (ETDEWEB)

    Kiuchi, S [Public Utilities Bureau, Ministry of International Trade and Industry, Japan

    1973-01-01

    Government actions related to Japanese geothermal energy development in the past include: a mining and industrial research subsidy of 27 million yen granted to Kyushu Electric Power Co. in 1952, a mining and industrial research subsidy of 13 million yen granted to Japan Metals and Chemicals Co. in 1960, a study on steam production technology for geothermal power generation by Japan Metals and Chemicals Co. funded at 3.5 hundred million yen from the Research Development Corporation of Japan, and a study on steam production technology for large scale geothermal power generation by Japan Metals and Chemicals Co. funded at 7.6 hundred million yen by the Research Development Corporation of Japan. The following projects are planned by the Ministry of International Trade and Industry for 1973: a two-year geothermal power promotion including investigations into the utilization of hot water, new methods for geothermal reservoir detection and steam well drilling, and environmental effects, studies on hydrothermal systems, basic investigations for geothermal indicators in 30 areas, and a means to finance the construction of geothermal power plants in Kakkonda (Iwate Prefecture) and Hatchobara (Oita Prefecture).

  16. Geothermal Resource Utilization

    Energy Technology Data Exchange (ETDEWEB)

    Lienau, Paul J.

    1998-01-03

    Man has utilized the natural heat of the earth for centuries. Worldwide direct use of geothermal currently amounts to about 7,000 MWt, as compared to 1,500 MWe, now being used for the generation of electricity. Since the early 1970s, dwindling domestic reservoirs of oil and gas, continued price escalation of oil on the world market and environmental concerns associated with coal and nuclear energy have created a growing interest in the use of geothermal energy in the United States. The Department of Energy goals for hydrothermal resources utilization in the United States, expressed in barrels of oil equivalent, is 50 to 90 million bbl/yr by 1985 and 350 to 900 million bbl/yr by the year 2000. This relatively clean and highly versatile resource is now being used in a multitude of diverse applications (e.g., space heating and cooling, vegetable dehydration, agriculture, aquaculture, light manufacturing), and other applications requiring a reliable and economic source of heat.

  17. Geothermal energy. Pt. 1

    International Nuclear Information System (INIS)

    Anon.

    1989-01-01

    As most of the alternative power sources, geothermal energy started being considered as a tentative one during the early 1970s. At that time the world's demand for energy was mostly fed by means of petroleum, coal, gas and other primary materials. The low prices of these raw materials at that time and the lack of general consciousness on the environmental contamination problems caused by the combustion processes did not forecast any significant changes for the coming years. However, as from 1973, a constant raise in prices, specially for liquid fuels, started to take place. A few years later, in the early 1980s, a growing interest for nature and for the delicate equilibrium of the ecological and for systems started to awaken. These facts led several countries to re-evaluate their power resources and to reconsider those showing less negative incidence upon the environment. Among such alternatives, geothermal energy introduces certain features that make it highly advisable for developing countries, in addition to the fact that the mean heat reservoirs are located within this group of nations [es

  18. Tracing Geothermal Fluids

    Energy Technology Data Exchange (ETDEWEB)

    Michael C. Adams; Greg Nash

    2004-03-01

    Geothermal water must be injected back into the reservoir after it has been used for power production. Injection is critical in maximizing the power production and lifetime of the reservoir. To use injectate effectively the direction and velocity of the injected water must be known or inferred. This information can be obtained by using chemical tracers to track the subsurface flow paths of the injected fluid. Tracers are chemical compounds that are added to the water as it is injected back into the reservoir. The hot production water is monitored for the presence of this tracer using the most sensitive analytic methods that are economically feasible. The amount and concentration pattern of the tracer revealed by this monitoring can be used to evaluate how effective the injection strategy is. However, the tracers must have properties that suite the environment that they will be used in. This requires careful consideration and testing of the tracer properties. In previous and parallel investigations we have developed tracers that are suitable from tracing liquid water. In this investigation, we developed tracers that can be used for steam and mixed water/steam environments. This work will improve the efficiency of injection management in geothermal fields, lowering the cost of energy production and increasing the power output of these systems.

  19. Geothermal Energy in Ecuador

    International Nuclear Information System (INIS)

    Aguilera, Eduardo; Villalba, Fabio

    1999-11-01

    Energy represents an essential element for economy, and for any sustainable development strategy, assuming it is a basic input for all production activities. It is a fundamental contra int for country's competitivity and also a main component of population's standard of life. The Agenda 21 and the General Agreement on Climatic Changes emphasize that the development and sustainable use of energy should promote economy, but taking care of the environment. Under these basic concepts, for the particular case of energy, the sustain ability of development requires the adoption of a strategy which guarantee an energy supply in terms of quality, opportunity, continuity and afford ability and, in addition, without production of negative environmental impacts. Geothermal energy is a serious energetic option for sustainable development, since presents technical and economic advantages for production of electricity at medium and large scale. Furthermore, geothermal energy allows a wide spectrum of direct applications of heat in profitable projects of high social impact as green houses, drying of seeds and wood products, fish farming, recreation and others. All of them can help the increase of communal production activities in rural areas affected by poverty

  20. Environmental impact in geothermal fields

    International Nuclear Information System (INIS)

    Birkle, P.; Torres R, V.; Gonzalez P, E.; Guevara G, M.

    1996-01-01

    Generally, water exploitation and deep steam of geothermal fields may be cause of a pollution potential on the surface, specially by the chemical composition of geothermal water which has a high concentration of minerals, salts and heavy metals. The utilization of stable isotopes as deuterium and oxygen 18 as radioactive tracers and water origin indicators allow to know the trajectories and sources of background waters as well as possible moistures between geothermal waters and meteoric waters. Some ions such as chlorides and fluorides present solubilities that allow their register as yet long distances of their source. (Author)

  1. Making sense of corporate venture capital.

    Science.gov (United States)

    Chesbrough, Henry W

    2002-03-01

    Large companies have long sensed the potential value of investing in external start-ups, but more often than not, they fail to get it right. Remember the dash to invest in new ventures in the late 1990s and the hasty retreat when the economy turned? This article presents a framework that will help a company decide whether it should invest in a particular start-up by first understanding what kind of benefit might be realized from the investment. The framework--illustrated with examples from Intel, Lucent, and others--explains why certain types of corporate VC investments proliferate only when financial returns are high, why other types persist in good times and in bad, and why still others make little sense in any phase of the business cycle. The framework describes four types of corporate VC investments, each defined by its primary goal--strategic and financial--and by the degree of operational linkage between the start-up and the investing company. Driving investments are characterized by a strong strategic rationale and tight operational links. Enabling investments are also made primarily for strategic reasons, but the operational links are loose. Emergent investments, which are characterized by tight operational links, have little current--but significant potential--strategic value. Passive investments, offering few potential strategic benefits and only loose operational links, are made primarily for financial reasons. Passive corporate VC investments dry up in a down economy, but enabling and driving investments usually have more staying power. That's because their potential returns are primarily strategic, not financial. In other words, they can foster business growth. Emergent investments may make sense even in a weak market because of their potential strategic value--that is, their ability to help companies identify and spark the growth of future businesses.

  2. 2012 geothermal energy congress. Proceedings

    International Nuclear Information System (INIS)

    2012-01-01

    Within the Geothermal Energy Congress 2012 from 13th to 16th November 2012, in Karlsruhe (Federal Republic of Germany), the following lectures were held: (1) Comparison of different methods for the design of geothermal probes on the example of the thermal utilization of smouldering fires at heaps (Sylvia Kuerten); (2) Determination of the thermo-physical features of loose rocks (Johannes Stegner); (3) Tools for the planning and operation of district heating grids (Werner Seichter); (4) geo:build - System optimisation of the cooling mode of the ground-source heat and cooling supply (Franziska Bockelmann); (5) Successful and economic conception, planning and optimization of district heating grids (Werner Seichter); (6) Treacer / Heat transfer decoupling in a heterogeneous hydrothermal reservoir characterized by geological faults in the Upper Rhine Graben (I. Ghergut); (7) Determination of the porosity, thermal conductivity and particle size distribution in selected sections of the Meisenheim-1 drilling core (Saar-Nahe basin, Rheinland-Palatinate) under consideration of geothermally relevant formulation of questions (Gillian Inderwies); (8) Innovative technologies of exploration in the Jemez Geothermal project, New Mexico, USA (Michael Albrecht); (9) Geothermal energy, heat pump and TABS - optimization of planning, operational control and control (Franziska Bockelmann); (10) The impact of large-scale geothermal probes (storage probes) on the heat transfer and heat loss (Christopher Steins); (11) Numeric modelling of the permocarbon in the northern Upper Rhine Graben (L. Dohrer); (12) Engineering measurement solutions on quality assurance in the exploitation of geothermal fields (C. Lehr); (13) Evaluation and optimization of official buildings with the near-surface geothermal energy for heating and cooling (Franziska Bockelmann); (14) On-site filtration for a rapid and cost-effective quantification of the particle loading in the thermal water stream (Johannes Birner

  3. ACTUAL TRENDS IN THE DEVELOPMENT OF VENTURE INVESTMENT IN RUSSIA

    Directory of Open Access Journals (Sweden)

    K. P. Aleksandrova

    2014-06-01

    Full Text Available Relevance of research topic is related to the significant influence of the venture capital industry on the Russian economy. Innovative development of our country depends mainly on the effective commercialization of research and development, but the technology companies access to financial resources is a key factor in the innovation process . Venture capital plays a major role in this respect: it provides a fast and timely financial support to local entrepreneurs breakthrough ideas and enhances the competitiveness of the Russian economy as a whole. Objective - Analysis of Venture Investment in Russia , identifying issues and current trends in development. In the process, a set of methods has been applied economic and statistical analysis: methods of synthesis, comparison and analysis of economic and statistical information. In the study, it was determined that the current Russian venture market is characterized by an increase in the number of venture capital funds and private equity funds, as well as increasing their capitalization; an increasing number of companies financed, but about 90 % of all investments allocated for funding mature companies and only 10 % - for companies at the venture development stages; Central Federal District continues to firmly hold the leadership of the share of the total investment of all federal districts . Identified the following problems: lack of funding companies in the initial stages of development, infrastructure venture industry, inadequate legislation and taxation system , the problems associated with the protection and registration of intellectual property, the problem of lack of professional management, the lack of a well-functioning stock market, high-tech industries unattractive for investment.Purchase on Elibrary.ru > Buy nowDOI: http://dx.doi.org/10.12731/2070-7568-2014-3-5

  4. Geothermal Permeability Enhancement - Final Report

    Energy Technology Data Exchange (ETDEWEB)

    Joe Beall; Mark Walters

    2009-06-30

    The overall objective is to apply known permeability enhancement techniques to reduce the number of wells needed and demonstrate the applicability of the techniques to other undeveloped or under-developed fields. The Enhanced Geothermal System (EGS) concept presented in this project enhances energy extraction from reduced permeability zones in the super-heated, vapor-dominated Aidlin Field of the The Geysers geothermal reservoir. Numerous geothermal reservoirs worldwide, over a wide temperature range, contain zones of low permeability which limit the development potential and the efficient recovery of heat from these reservoirs. Low permeability results from poorly connected fractures or the lack of fractures. The Enhanced Geothermal System concept presented here expands these technologies by applying and evaluating them in a systematic, integrated program.

  5. Geothermal energy utilization and technology

    CERN Document Server

    Dickson, Mary H; Fanelli, Mario

    2013-01-01

    Geothermal energy refers to the heat contained within the Earth that generates geological phenomena on a planetary scale. Today, this term is often associated with man's efforts to tap into this vast energy source. Geothermal Energy: utilization and technology is a detailed reference text, describing the various methods and technologies used to exploit the earth's heat. Beginning with an overview of geothermal energy and the state of the art, leading international experts in the field cover the main applications of geothermal energy, including: electricity generation space and district heating space cooling greenhouse heating aquaculture industrial applications The final third of the book focuses upon environmental impact and economic, financial and legal considerations, providing a comprehensive review of these topics. Each chapter is written by a different author, but to a set style, beginning with aims and objectives and ending with references, self-assessment questions and answers. Case studies are includ...

  6. Geothermal Technologies Program: Direct Use

    Energy Technology Data Exchange (ETDEWEB)

    2004-08-01

    This general publication describes geothermal direct use systems, and how they have been effectively used throughout the country. It also describes the DOE program R&D efforts in this area, and summarizes several projects using direct use technology.

  7. Water Desalination using geothermal energy

    KAUST Repository

    Goosen, M.; Mahmoudi, H.; Ghaffour, NorEddine

    2010-01-01

    The paper provides a critical overview of water desalination using geothermal resources. Specific case studies are presented, as well as an assessment of environmental risks and market potential and barriers to growth. The availability

  8. Geothermal energy - availability - economy - prospects

    International Nuclear Information System (INIS)

    Kappelmeyer, O.

    1992-01-01

    The heat contained in the earth's crust represents an inexhaustible reservoir of energy on the technical scale, which is available at all times of day and at all seasons. In the volcanically active zones, the earth's heat is used industrially: Worldwide, the electrical power of geothermal powerstations is about 5000 MW; in addition, about 10,000 MW are used for direct thermal applications (heating) in regions with normal geothermal conditions. The geothermal power plants have been expanded at an annual rate of 12.2% since 1970. In many developing countries, the geothermal energy is the most important home source of energy for electricity generation. In Europe, in the Paris Basin, hot groundwater is pumped from a depth of about 2 km and is used for heating blocks of flats. In France as a whole, about 170,000 flats have been supplied with heat and hot water from underground for more than a decade. (orig./DG) [de

  9. Geothermics of the Apenninic subduction

    Directory of Open Access Journals (Sweden)

    G. Zito

    1997-06-01

    Full Text Available The subduction of the Adriatic microplate is analysed from a geothermal point of view. In particular four main geodynamic units are distinguished: foreland, foredeep and slab, accretionary prism, and back-arc basin. Each of them is examined from a geothermal point of view and the related open question are discussed. The most relevant results are the determination of the undisturbed geothermal gradient in the aquifer of the foreland; the discovery of a « hot » accretionary prism; and a new model of instantaneous extension of the back-arc basins. The main conclusion is that geothermal data are consistent with a westward dipping subduction that migrated eastward producing a sequence of several episodes at the surface.

  10. Geothermal energy for American Samoa

    Energy Technology Data Exchange (ETDEWEB)

    1980-03-01

    The geothermal commercialization potential in American Samoa was investigated. With geothermal energy harnessed in American Samoa, a myriad of possibilities would arise. Existing residential and business consumers would benefit from reduced electricity costs. The tuna canneries, demanding about 76% of the island's process heat requirements, may be able to use process heat from a geothermal source. Potential new industries include health spas, aquaculture, wood products, large domestic and transhipment refrigerated warehouses, electric cars, ocean nodule processing, and a hydrogen economy. There are no territorial statutory laws of American Samoa claiming or reserving any special rights (including mineral rights) to the territorial government, or other interests adverse to a land owner, for subsurface content of real property. Technically, an investigation has revealed that American Samoa does possess a geological environment conducive to geothermal energy development. Further studies and test holes are warranted.

  11. Geothermal Program Review IV: proceedings

    Energy Technology Data Exchange (ETDEWEB)

    1985-01-01

    The research and development program of DOE's Geothermal Technology Division is reviewed in separate presentations according to program area. Separate abstracts have been prepared for the individual papers. (ACR)

  12. Issues related to geothermal development

    International Nuclear Information System (INIS)

    Lesperance, G.O.

    1990-01-01

    This paper reports on a number of potential barriers to geothermal development in Hawaii which have been overcome but some remain. Efforts continue to address issues relating to transmission, project economics, the regulatory process, resource verification, and public acceptance

  13. Engineered Geothermal System Demonstration Project

    Energy Technology Data Exchange (ETDEWEB)

    Petty, Susan

    2014-06-19

    In June 2009, AltaRock Energy began field work on a project supported by the U.S. Department of Energy entitled “Use of Multiple Stimulations to Improve Economics of Engineered Geothermal Systems in Shallow High Temperature Intrusives.” The goal of the project was to develop an Engineered Geothermal System (EGS) in the portion of The Geysers geothermal field operated by the Northern California Power Agency (NCPA). The project encountered several problems while deepening Well E-7 which culminated in the suspension of field activities in September 2009. Some of the problems encountered are particular to The Geysers area, while others might be encountered in any geothermal field, and they might be avoided in future operations.

  14. World status of geothermal energy use: past and potential

    International Nuclear Information System (INIS)

    Lund, John

    2000-01-01

    The past and potential development of geothermal energy is reviewed, and the use of geothermal energy for power generation and direct heat utilisation is examined. The energy savings that geothermal energy provides in terms of fuel oil and carbon savings are discussed. Worldwide development of geothermal electric power (1940-2000) and direct heat utilisation (1960 to 2000), regional geothermal use in 2000, the national geothermal contributions of geothermal energy, and the installed geothermal electric generating capacities in 2000 are tabulated

  15. Venture funding for science-based African health innovation

    Directory of Open Access Journals (Sweden)

    Daar Abdallah S

    2010-12-01

    Full Text Available Abstract Background While venture funding has been applied to biotechnology and health in high-income countries, it is still nascent in these fields in developing countries, and particularly in Africa. Yet the need for implementing innovative solutions to health challenges is greatest in Africa, with its enormous burden of communicable disease. Issues such as risk, investment opportunities, return on investment requirements, and quantifying health impact are critical in assessing venture capital’s potential for supporting health innovation. This paper uses lessons learned from five venture capital firms from Kenya, South Africa, China, India, and the US to suggest design principles for African health venture funds. Discussion The case study method was used to explore relevant funds, and lessons for the African context. The health venture funds in this study included publicly-owned organizations, corporations, social enterprises, and subsidiaries of foreign venture firms. The size and type of investments varied widely. The primary investor in four funds was the International Finance Corporation. Three of the funds aimed primarily for financial returns, one aimed primarily for social and health returns, and one had mixed aims. Lessons learned include the importance of measuring and supporting both social and financial returns; the need to engage both upstream capital such as government risk-funding and downstream capital from the private sector; and the existence of many challenges including difficulty of raising capital, low human resource capacity, regulatory barriers, and risky business environments. Based on these lessons, design principles for appropriate venture funding are suggested. Summary Based on the cases studied and relevant experiences elsewhere, there is a case for venture funding as one support mechanism for science-based African health innovation, with opportunities for risk-tolerant investors to make financial as well as social

  16. Venture funding for science-based African health innovation.

    Science.gov (United States)

    Masum, Hassan; Chakma, Justin; Simiyu, Ken; Ronoh, Wesley; Daar, Abdallah S; Singer, Peter A

    2010-12-13

    While venture funding has been applied to biotechnology and health in high-income countries, it is still nascent in these fields in developing countries, and particularly in Africa. Yet the need for implementing innovative solutions to health challenges is greatest in Africa, with its enormous burden of communicable disease. Issues such as risk, investment opportunities, return on investment requirements, and quantifying health impact are critical in assessing venture capital's potential for supporting health innovation. This paper uses lessons learned from five venture capital firms from Kenya, South Africa, China, India, and the US to suggest design principles for African health venture funds. The case study method was used to explore relevant funds, and lessons for the African context. The health venture funds in this study included publicly-owned organizations, corporations, social enterprises, and subsidiaries of foreign venture firms. The size and type of investments varied widely. The primary investor in four funds was the International Finance Corporation. Three of the funds aimed primarily for financial returns, one aimed primarily for social and health returns, and one had mixed aims. Lessons learned include the importance of measuring and supporting both social and financial returns; the need to engage both upstream capital such as government risk-funding and downstream capital from the private sector; and the existence of many challenges including difficulty of raising capital, low human resource capacity, regulatory barriers, and risky business environments. Based on these lessons, design principles for appropriate venture funding are suggested. Based on the cases studied and relevant experiences elsewhere, there is a case for venture funding as one support mechanism for science-based African health innovation, with opportunities for risk-tolerant investors to make financial as well as social returns. Such funds should be structured to overcome the

  17. Geothermal energy geopressure subprogram

    Energy Technology Data Exchange (ETDEWEB)

    1981-02-01

    The proposed action will consist of drilling one geopressured-geothermal resource fluid well for intermittent production testing over the first year of the test. During the next two years, long-term testing of 40,000 BPD will be flowed. A number of scenarios may be implemented, but it is felt that the total fluid production will approximate 50 million barrels. The test well will be drilled with a 22 cm (8.75 in.) borehole to a total depth of approximately 5185 m (17,000 ft). Up to four disposal wells will provide disposal of the fluid from the designated 40,000 BPD test rate. The following are included in this assessment: the existing environment; probable environmental impacts-direct and indirect; probable cumulative and long-term environmental impacts; accidents; coordination with federal, state, regional, and local agencies; and alternative actions. (MHR)

  18. Enhanced Geothermal Systems

    Energy Technology Data Exchange (ETDEWEB)

    Jeanloz, R. [The MITRE Corporation, McLean, VA (United States); Stone, H. [The MITRE Corporation, McLean, VA (United States); et al.

    2013-12-31

    DOE, through the Geothermal Technologies Office (GTO) within the Office of Energy Efficiency and Renewable Energy, requested this study, identifying a focus on: i) assessment of technologies and approaches for subsurface imaging and characterization so as to be able to validate EGS opportunities, and ii) assessment of approaches toward creating sites for EGS, including science and engineering to enhance permeability and increase the recovery factor. Two days of briefings provided in-depth discussion of a wide range of themes and challenges in EGS, and represented perspectives from industry, government laboratories and university researchers. JASON also contacted colleagues from universities, government labs and industry in further conversations to learn the state of the field and potential technologies relevant to EGS.

  19. INTEGRATED EXPLORATION OF GEOTHERMAL RESOURCES

    OpenAIRE

    A. B. Alkhasov; D. A. Аlkhasova; R. M. Aliyev; A. Sh. Ramazanov

    2016-01-01

    The aim. The aim is to develop the energy efficient technologies to explore hydro geothermal resources of different energy potential.Methods. Evaluation of the effectiveness of the proposed technologies has been carried out with the use of physical and mathematical, thermodynamic and optimization methods of calculation and the physical and chemical experimental research.Results. We propose the technology of integrated exploration of low-grade geothermal resources with the application of heat ...

  20. Geothermal energy development in Turkey

    International Nuclear Information System (INIS)

    Simsek, S.; Okandan, E.

    1990-01-01

    Geothermal fields in Turkey are related to rather complex zones of collision between the Eurasian and African continents, and penetration of the Arabian plate into the Anatolian continental mass. These processes gave rise to fracturing of the lithosphere and eruption of magmas. Geothermal regional assessment studies have proven several low enthalpy sources and some high enthalpy fields suitable for electricity generation. This paper summarizes developments in exploration-drilling and give examples of direct utilization implemented in recent years

  1. The Oregon Geothermal Planning Conference

    Energy Technology Data Exchange (ETDEWEB)

    None

    1980-10-02

    Oregon's geothermal resources represent a large portion of the nation's total geothermal potential. The State's resources are substantial in size, widespread in location, and presently in various stages of discovery and utilization. The exploration for, and development of, geothermal is presently dependent upon a mixture of engineering, economic, environmental, and legal factors. In response to the State's significant geothermal energy potential, and the emerging impediments and incentives for its development, the State of Oregon has begun a planning program intended to accelerate the environmentally prudent utilization of geothermal, while conserving the resource's long-term productivity. The program, which is based upon preliminary work performed by the Oregon Institute of Technology's Geo-Heat Center, will be managed by the Oregon Department of Energy, with the assistance of the Departments of Economic Development, Geology and Mineral Industries, and Water Resources. Funding support for the program is being provided by the US Department of Energy. The first six-month phase of the program, beginning in July 1980, will include the following five primary tasks: (1) coordination of state and local agency projects and information, in order to keep geothermal personnel abreast of the rapidly expanding resource literature, resource discoveries, technological advances, and each agency's projects. (2) Analysis of resource commercialization impediments and recommendations of incentives for accelerating resource utilization. (3) Compilation and dissemination of Oregon geothermal information, in order to create public and potential user awareness, and to publicize technical assistance programs and financial incentives. (4) Resource planning assistance for local governments in order to create local expertise and action; including a statewide workshop for local officials, and the formulation of two specific community resource development

  2. Geothermal energy applications in China

    International Nuclear Information System (INIS)

    Ren, X.; Tang, N.; Zhang, Z.; Wang, J.

    1990-01-01

    This paper updates geothermal energy applications in China. To total energy consumption for electricity is 20.38 MWe, and for direct use is 41,222 TJ/yr, even though the beneficial heat was estimated to be 7,198 TJ/yr. The attached tables are the basic geothermal information mainly the years 1985-1989. Some of the tables are additions to the report or preceeding years

  3. Practical issues in selecting a joint venture partner

    International Nuclear Information System (INIS)

    Hillary, R.B.

    1999-01-01

    Some general issues regarding joint ventures and how they come about were discussed. The first section of the presentation identified potential joint venture candidates as being gas suppliers, project developers, steam hosts, financiers, facility owners, fuel managers and non-regulated utility affiliates. An explanation of the joint venture process and the motives driving it was then presented. There are many sources of potential conflicts of interest in a cogeneration venture. These include changes in either deregulation, prices markets, competitive environment or financial position of participants. Another section of this paper discussed some of the lessons learned from forced cogeneration restructuring and buyouts. Three examples of cogeneration projects which did not survive the challenges of partnership were presented. These included the New York cogeneration project at a manufacturing plant, the Pacific Northwest cogeneration project at a refinery, and the Quebec City cogeneration project at a pulp and paper mill. The last section of this paper discussed the pros and cons of joint venture and other types of deals

  4. How does venture capital operate in medical innovation?

    Science.gov (United States)

    Lehoux, P; Miller, F A; Daudelin, G

    2016-07-01

    While health policy scholars wish to encourage the creation of technologies that bring more value to healthcare, they may not fully understand the mandate of venture capitalists and how they operate. This paper aims to clarify how venture capital operates and to illustrate its influence over the kinds of technologies that make their way into healthcare systems. The paper draws on the international innovation policy scholarship and the lessons our research team learned throughout a 5-year fieldwork conducted in Quebec (Canada). Current policies support the development of technologies that capital investors identify as valuable, and which may not align with important health needs. The level of congruence between a given health technology-based venture and the mandate of venture capital is highly variable, explaining why some types of innovation may never come into existence. While venture capitalists' mandate and worldview are extraneous to healthcare, they shape health technologies in several, tangible ways. Clinical leaders and health policy scholars could play a more active role in innovation policy. Because certain types of technology are more likely than others to help tackle the intractable problems of healthcare systems, public policies should be equipped to promote those that address the needs of a growing elderly population, support patients who are afflicted by chronic diseases and reduce health disparities.

  5. Geothermal Money Book [Geothermal Outreach and Project Financing

    Energy Technology Data Exchange (ETDEWEB)

    Elizabeth Battocletti

    2004-02-01

    Small business lending is big business and growing. Loans under $1 million totaled $460 billion in June 2001, up $23 billion from 2000. The number of loans under $100,000 continued to grow at a rapid rate, growing by 10.1%. The dollar value of loans under $100,000 increased 4.4%; those of $100,000-$250,000 by 4.1%; and those between $250,000 and $1 million by 6.4%. But getting a loan can be difficult if a business owner does not know how to find small business-friendly lenders, how to best approach them, and the specific criteria they use to evaluate a loan application. This is where the Geothermal Money Book comes in. Once a business and financing plan and financial proposal are written, the Geothermal Money Book takes the next step, helping small geothermal businesses locate and obtain financing. The Geothermal Money Book will: Explain the specific criteria potential financing sources use to evaluate a proposal for debt financing; Describe the Small Business Administration's (SBA) programs to promote lending to small businesses; List specific small-business friendly lenders for small geothermal businesses, including those which participate in SBA programs; Identify federal and state incentives which are relevant to direct use and small-scale (< 1 megawatt) power generation geothermal projects; and Provide an extensive state directory of financing sources and state financial incentives for the 19 states involved in the GeoPowering the West (GPW). GPW is a U.S. Department of Energy-sponsored activity to dramatically increase the use of geothermal energy in the western United States by promoting environmentally compatible heat and power, along with industrial growth and economic development. The Geothermal Money Book will not: Substitute for financial advice; Overcome the high exploration, development, and financing costs associated with smaller geothermal projects; Remedy the lack of financing for the exploration stage of a geothermal project; or Solve

  6. Geothermal development plan: Maricopa County

    Energy Technology Data Exchange (ETDEWEB)

    White, D.H.; Goldstone, L.A.

    1982-08-01

    The Maricopa County Geothermal Development Plan evaluated the market potential for utilizing geothermal energy. The study identified six potential geothermal resource areas with temperatures less than 100{sup 0}C (212{sup 0}F) and in addition, four suspected intermediate temperature areas (90{sup 0} to 150{sup 0}C, 194{sup 0} to 300{sup 0}F). Geothermal resources are found to occur in and near the Phoenix metropolitan area where average population growth rates of two to three percent per year are expected over the next 40 years. Rapid growth in the manufacturing, trade and service sectors of the regional economy provides opportunities for the direct utilization of geothermal energy. A regional energy use analysis is included containing energy use and price projections. Water supplies are found to be adequate to support this growth, though agricultural water use is expected to diminish. The study also contains a detailed section matching geothermal resources to potential users. Two comparative analyses providing economic details for space heating projects are incorporated.

  7. Geothermal energy abstract sets. Special report No. 14

    Energy Technology Data Exchange (ETDEWEB)

    Stone, C. (comp.)

    1985-01-01

    This bibliography contains annotated citations in the following areas: (1) case histories; (2) drilling; (3) reservoir engineering; (4) injection; (5) geothermal well logging; (6) environmental considerations in geothermal development; (7) geothermal well production; (8) geothermal materials; (9) electric power production; (10) direct utilization of geothermal energy; (11) economics of geothermal energy; and (12) legal, regulatory and institutional aspects. (ACR)

  8. Building new businesses through corporate venturing at the danish NKT group

    DEFF Research Database (Denmark)

    Skat-Rørdam, Peter

    2005-01-01

    An in depth case study of how the danish NKT group used corporate venturing over a 25 year period to build new businesses. The study provides insights on purposes, drivers and results of corporate venturing and examines factors contributing to venture success and failure.......An in depth case study of how the danish NKT group used corporate venturing over a 25 year period to build new businesses. The study provides insights on purposes, drivers and results of corporate venturing and examines factors contributing to venture success and failure....

  9. Endovascular repair of aortic disease: a venture capital perspective.

    Science.gov (United States)

    Buchanan, Lucas W; Stavropoulos, S William; Resnick, Joshua B; Solomon, Jeffrey

    2009-03-01

    Endovascular devices for the treatment of abdominal and thoracic aortic disease are poised to become the next $1 billion medical device market. A shift from open repair to endovascular repair, advances in technology, screening initiatives, and new indications are driving this growth. Although billion-dollar medical device markets are rare, this field is fraught with risk and uncertainty for startups and their venture capital investors. Technological hurdles, daunting clinical and regulatory timelines, market adoption issues, and entrenched competitors pose significant barriers to successful new venture creation. In fact, the number of aortic endografts that have failed to reach commercialization or have been pulled from the market exceeds the number of Food and Drug Administration-approved endografts in the United States. This article will shed some light on the venture capital mind-set and decision-making paradigm in the context of aortic disease.

  10. Geothermal systems: Principles and case histories

    Science.gov (United States)

    Rybach, L.; Muffler, L. J. P.

    The classification of geothermal systems is considered along with the geophysical and geochemical signatures of geothermal systems, aspects of conductive heat transfer and regional heat flow, and geothermal anomalies and their plate tectonic framework. An investigation of convective heat and mass transfer in hydrothermal systems is conducted, taking into account the mathematical modelling of hydrothermal systems, aspects of idealized convective heat and mass transport, plausible models of geothermal reservoirs, and preproduction models of hydrothermal systems. Attention is given to the prospecting for geothermal resources, the application of water geochemistry to geothermal exploration and reservoir engineering, heat extraction from geothermal reservoirs, questions of geothermal resource assessment, and environmental aspects of geothermal energy development. A description is presented of a number of case histories, taking into account the low enthalpy geothermal resource of the Pannonian Basin in Hungary, the Krafla geothermal field in Northeast Iceland, the geothermal system of the Jemez Mountains in New Mexico, and extraction-reinjection at the Ahuachapan geothermal field in El Salvador.

  11. Valuation of private companies by Estonian private equity and venture capitalists / Priit Sander, Margus Kõomägi

    Index Scriptorium Estoniae

    Sander, Priit, 1973-

    2007-01-01

    Eraettevõtete hindamine Eesti era- ja riskiinvestorite poolt. Riskikapitali hinnakujundamise meetodid. Tabelid: Venture capital valuation issues; Venture capital pricing issues and return. Skeem: The venture capital valuation process in Estonia

  12. An Ethnographic Study of New Venture and New Sector Legitimation

    DEFF Research Database (Denmark)

    Turcan, Romeo V.; Fraser, Norman

    2016-01-01

    This study explores the process of legitimation of international new ventures from an emerging economy and the effect such ventures have on the process of creation and legitimation of a new industry in that economy. It is a longitudinal ethnographic case study. Following an inductive theory......-political legitimacies, the model theorizes temporal emergence of these at organizational and industry levels, leading ultimately to institutionalization. The authors advocate for further research at the intersection between legitimation, international entrepreneurship and emerging markets in order to further advance...

  13. Individual learning effects on knowledge transfer in international joint ventures

    DEFF Research Database (Denmark)

    Dao, Li Thuy; Napier, Nancy

    2016-01-01

    This paper examines micro (individual-level) aspects of knowledge transfer and learning in international joint ventures in an emerging economy context. Learning by expatriate and local managers appears far more complex, mutually dependent, and significant to the knowledge transfer process than...... suggested in existing literature. Building upon conceptualizations of individual learning and cognitive – behavioural effects in an organisational context while drawing evidence from two cases of Danish – Vietnamese joint ventures, we propose a model of individual-level knowledge transfer and learning...

  14. DMRC studies geothermal energy options

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-03-01

    The Deep Mining Research Consortium (DMRC) is an industry-led research consortium that includes Vale Inco, Xstrata, Rio Tinto, Goldcorp, Agnico-Eagle, Barrick Gold, CANMET and the City of Sudbury. This article reported on the application of geothermal energy technologies to cool deep mine workings and use the heat from underground to produce energy to heat surface buildings. Researchers at the University of British Columbia's Centre for Environmental Research in Minerals, Metals and Materials have proposed the use of heat pumps and water-to-air heat exchangers at depth to chill mine workings. The heat pumps would act as refrigerators, taking heat from one area and moving it elsewhere. The purpose would be to extract heat from naturally occurring ground water and pass the chilled water through a heat exchanger to cool the air. The heated water would then be pumped to surface and used to heat surface facilities. The technology is well suited for using geothermal energy from decommissioned mines for district heating. The technology has been successfully used in Spring Hill, Nova Scotia, where geothermal energy from a decommissioned coal mine is used to heat an industrial park. A feasibility study is also underway for the city of Yellowknife in the Northwest Territories to produce up to 10 megawatts of heat from the Con Gold Mine, enough energy to heat half of Yellowknife. Geothermal energy can also be used to generate electricity, particularly in the Pacific Rim where underground temperatures are higher and closer to surface. In Sudbury Ontario, the enhanced geothermal systems technology would require two holes drilled to a depth of four kilometers. The ground between the two holes should be fractured to create an underground geothermal circuit. Geothermal energy does not produce any greenhouse gases or chemical wastes. 1 fig.

  15. Geothermal Energy: Evaluation of a Resource

    Science.gov (United States)

    Bockemuehl, H. W.

    1976-01-01

    This article suggests the use of geothermal energy for producing electricity, using as an example the development at Wairakei, New Zealand. Other geothermal areas are identified, and economic and environmental co sts of additional development are explored. (Author/AV)

  16. Imperial County geothermal development annual meeting: summary

    Energy Technology Data Exchange (ETDEWEB)

    1983-01-01

    All phases of current geothermal development in Imperial County are discussed and future plans for development are reviewed. Topics covered include: Heber status update, Heber binary project, direct geothermal use for high-fructose corn sweetener production, update on county planning activities, Brawley and Salton Sea facility status, status of Imperial County projects, status of South Brawley Prospect 1983, Niland geothermal energy program, recent and pending changes in federal procedures/organizations, plant indicators of geothermal fluid on East Mesa, state lands activities in Imperial County, environmental interests in Imperial County, offshore exploration, strategic metals in geothermal fluids rebuilding of East Mesa Power Plant, direct use geothermal potential for Calipatria industrial Park, the Audubon Society case, status report of the Cerro Prieto geothermal field, East Brawley Prospect, and precision gravity survey at Heber and Cerro Prieto geothermal fields. (MHR)

  17. Choosing a Geothermal as an HVAC System.

    Science.gov (United States)

    Lensenbigler, John D.

    2002-01-01

    Describes the process of selecting and installing geothermal water source heat pumps for new residence halls at Johnson Bible College in Knoxville, Tennessee, including choosing the type of geothermal design, contractors, and interior equipment, and cost and payback. (EV)

  18. Mutnovo geothermal power complex at Kamchatka

    International Nuclear Information System (INIS)

    Britvin, O.V.; Povarov, O.A.; Klochkov, E.F.; Tomarov, G.V.; Koshkin, N.L.; Luzin, V.E.

    2001-01-01

    The data on geothermal resources at Kamchatka and experience in their application are presented. The description of the geothermal power complex objects at the Mutnovo deposit is given. The basic trends and stages of the prospective geothermal power development in this region are indicated. It is specified for unique huge geothermal heat reserves, which by different estimates may provide for the total electrical and thermal capacity, exceeding 2000 MW [ru

  19. Microbiological monitoring in geothermal plants

    Science.gov (United States)

    Alawi, M.; Lerm, S.; Vetter, A.; Vieth, A.; Seibt, A.; Wolfgramm, M.; Würdemann, H.

    2009-12-01

    In times of increasing relevance of alternative energy resources the utilization of geothermal energy and subsurface energy storage gains importance and arouses increasing interest of scientists. The research project “AquiScreen” investigates the operational reliability of geothermally used groundwater systems under microbial, geochemical, mineralogical and petrological aspects. Microbiological analyses based on fluid and solid phases of geothermal systems are conducted to evaluate the impact of microbial populations on these systems. The presentation focuses on first results obtained from microbiological monitoring of geothermal plants located in two different regions of Germany: the North German Basin and the Molasse Basin in the southern part characterized by different salinities and temperatures. Fluid and filter samples taken during regular plant operation were investigated using genetic fingerprinting based on PCR-amplified 16S rRNA genes to characterize the microbial biocenosis of the geothermal aquifer. Sequencing of dominant bands of the fingerprints and the subsequent comparison to 16S rRNA genes from public databases enables a correlation to metabolic classes and provides information about the biochemical processes in the deep biosphere. The genetic profiles revealed significant differences in microbiological community structures of geothermal aquifers investigated. Phylogenetic analyses indicate broad metabolical diversity adapted to the specific conditions in the aquifers. Additionally a high amount of so far uncultivated microorganisms was detected indicating very specific indigenous biocenosis. However, in all geothermal plants bacteria were detected despite of fluid temperatures from 45° to 120°C. The identified microorganisms are closely related to thermophilic and hyperthermophilic species detectable in hot wells and hot springs, like Thermus scotoductus and Thermodesulfovibrio yellowstonii, respectively. Halophilic species were detected in

  20. China starts tapping rich geothermal resources

    Science.gov (United States)

    Guang, D.

    1980-09-01

    Attention is given to the electric and power installation running on geothermal energy at Yangbajain, Tibet. Other geothermal projects in Tibet, the Yunnan Province and the North China Plain are also outlined. Applications of geothermal energy are described, including the heating of homes and factories, spinning, weaving, paper-making and the making of wine.

  1. Research status of geothermal resources in China

    Science.gov (United States)

    Zhang, Lincheng; Li, Guang

    2017-08-01

    As the representative of the new green energy, geothermal resources are characterized by large reserve, wide distribution, cleanness and environmental protection, good stability, high utilization factor and other advantages. According to the characteristics of exploitation and utilization, they can be divided into high-temperature, medium-temperature and low-temperature geothermal resources. The abundant and widely distributed geothermal resources in China have a broad prospect for development. The medium and low temperature geothermal resources are broadly distributed in the continental crustal uplift and subsidence areas inside the plate, represented by the geothermal belt on the southeast coast, while the high temperature geothermal resources concentrate on Southern Tibet-Western Sichuan-Western Yunnan Geothermal Belt and Taiwan Geothermal Belt. Currently, the geothermal resources in China are mainly used for bathing, recuperation, heating and power generation. It is a country that directly makes maximum use of geothermal energy in the world. However, China’s geothermal power generation, including installed generating capacity and power generation capacity, are far behind those of Western European countries and the USA. Studies on exploitation and development of geothermal resources are still weak.

  2. Advanced seismic imaging for geothermal development

    Energy Technology Data Exchange (ETDEWEB)

    Louie, John [UNR; Pullammanappallil, Satish [Optim; Honjas, Bill [Optim

    2016-08-01

    J. N. Louie, Pullammanappallil, S., and Honjas, W., 2011, Advanced seismic imaging for geothermal development: Proceedings of the New Zealand Geothermal Workshop 2011, Nov. 21-23, Auckland, paper 32, 7 pp. Preprint available at http://crack.seismo.unr.edu/geothermal/Louie-NZGW11.pdf

  3. Geothermal Energy Development annual report 1979

    Energy Technology Data Exchange (ETDEWEB)

    1980-08-01

    This report is an exerpt from Earth Sciences Division Annual Report 1979 (LBL-10686). Progress in thirty-four research projects is reported including the following area: geothermal exploration technology, geothermal energy conversion technology, reservoir engineering, and geothermal environmental research. Separate entries were prepared for each project. (MHR)

  4. Prospects of geothermal resource exploitation

    International Nuclear Information System (INIS)

    Bourrelier, P.H.; Cornet, F.; Fouillac, C.

    1994-01-01

    The use of geothermal energy to generate electricity has only occurred during the past 50 years by drilling wells in aquifers close to magmas and producing either dry steam or hot water. The world's production of electricity from geothermal energy is over 6000 MWe and is still growing. The direct use of geothermal energy for major urban communities has been developed recently by exploitation of aquifers in sedimentary basins under large towns. Scaling up the extraction of heat implies the exploitation of larger and better located fields requiring an appropriate method of extraction; the objective of present attempts in USA, Japan and Europe is to create heat exchangers by the circulation of water between several deep wells. Two field categories are considered: the extension of classical geothermal fields beyond the aquifer areas, and areas favoured by both a high geothermal gradient, fractures inducing a natural permeability at large scale, and good commercial prospects (such as in the Rhenan Graben). Hot dry rocks concept has gained a large interest. 1 fig., 5 tabs., 11 refs

  5. State policies for geothermal development

    Energy Technology Data Exchange (ETDEWEB)

    Sacarto, D.M.

    1976-01-01

    The most prominent geothermal resources in the USA occur in fifteen Gulf and Western states including Alaska and Hawaii. In each state, authority and guidelines have been established for administration of geothermal leasing and for regulation of development. Important matters addressed by these policies include resource definition, leasing provisions, development regulations, water appropriation, and environmental standards. Some other policies that need attention include taxation, securities regulations, and utility regulations. It is concluded that conditions needed for the geothermal industry to pursue large-scale development are consumer (utility) confidence in the resource; equitable tax treatment; prompt exploration of extensive land areas; long and secure tenure for productive properties; prompt facility siting and development; and competitive access to various consumers. With these conditions, the industry should be competitive with other energy sectors and win its share of investment capital. This publication reviews for the states various technical, economic, and institutional aspects of geothermal development. The report summarizes research results from numerous specialists and outlines present state and Federal policies. The report concludes generally that if public policies are made favorable to their development, geothermal resources offer an important energy resource that could supply all new electric capacity for the fifteen states for the next two decades. This energy--100,000 MW--could be generated at prices competitive with electricity from fossil and nuclear power plants. An extensive bibliography is included. (MCW)

  6. Public policy for start-up entrepreneurship with venture capital and bank finance

    DEFF Research Database (Denmark)

    Keuschnigg, Christian; Nielsen, Søren Bo

    2003-01-01

    This paper proposes and analyses a model of start-up investment. Innovative entrepreneursare commercially inexperienced and can benefit from venture capital support. Only part ofthem succeed in matching with a venture capitalist while the rest must resort to standard bankfinance. We consider a nu...... a number of policies to promote entrepreneurship and venture capitalbacked innovation.JEL Classification: D82, G24, G28, H24.Keywords: venture capital bank finance, matching, moral hazard, public policy....

  7. The advantage of experienced start-up founders in venture capital acquisition: evidence from serial entrepreneurs

    OpenAIRE

    Zhang, Junfu

    2007-01-01

    Existing literature suggests that entrepreneurs with prior firm-founding experience have more skills and social connections than novice entrepreneurs. Such skills and social connections could give experienced founders some advantage in the process of raising venture capital. This paper uses a large database of venture-backed companies and their founders to examine experienced founders' access to venture capital. Compared to novice entrepreneurs, entrepreneurs with venture-backed founding expe...

  8. The Importance of Venture Capital Financing System in Financing Entrepreneurship: Applications in Turkey

    OpenAIRE

    Erkan Poyraz; Yusuf Tepeli

    2016-01-01

    The prominent concept of venture capital is examined as a financing model to the financing of entrepreneurship according to related literature. Venture capital is used with success in developed countries for a long time. Venture capital is a modern financing model that allows entrepreneurs to perform dynamic, creative, and innovative investment ideas as well as management, marketing and business support without requesting financial strength from those entrepreneurs. However, venture capital h...

  9. Thermodynamics of geothermal fluids

    Energy Technology Data Exchange (ETDEWEB)

    Rogers, P.S.Z.

    1981-03-01

    A model to predict the thermodynamic properties of geothermal brines, based on a minimum amount of experimental data on a few key systems, is tested. Volumetric properties of aqueous sodium chloride, taken from the literature, are represented by a parametric equation over the range 0 to 300{sup 0}C and 1 bar to 1 kbar. Density measurements at 20 bar needed to complete the volumetric description also are presented. The pressure dependence of activity and thermal properties, derived from the volumetric equation, can be used to complete an equation of state for sodium chloride solutions. A flow calorimeter, used to obtain heat capacity data at high temperatures and pressures, is described. Heat capacity measurements, from 30 to 200{sup 0}C and 1 bar to 200 bar, are used to derive values for the activity coefficient and other thermodynamic properties of sodium sulfate solutions as a function of temperature. Literature data on the solubility of gypsum in mixed electrolyte solutions have been used to evaluate model parameters for calculating gypsum solubility in seawater and natural brines. Predictions of strontium and barium sulfate solubility in seawater also are given.

  10. Electricity from geothermal steam

    Energy Technology Data Exchange (ETDEWEB)

    Wheatcroft, E L.E.

    1959-01-01

    The development of the power station at Wairakei geothermal field is described. Wairakei is located at the center of New Zealand's volcanic belt, which lies within a major graben which is still undergoing some degree of downfaulting. A considerable number of wells, some exceeding 610 m, have been drilled. Steam and hot water are produced from both deep and shallow wells, which produce at gauge pressures of 1.5 MPa and 0.6 MPa, respectively. The turbines are fed by low, intermediate, and high pressure mains. The intermediate pressure turbine bank was installed as a replacement for a heavy water production facility which had originally been planned for the development. Stage 1 includes a 69 MW plant, and stage 2 will bring the capacity to 150 MW. A third stage, which would bring the output up to 250 MW had been proposed. The second stage involves the installation of more high pressure steam turbines, while the third stage would be powered primarily by hot water flashing. Generation is at 11 kV fed to a two-section 500 MVA board. Each section of the board feeds through a 40 MVA transformer to a pair of 220 V transmission lines which splice into the North Island grid. Other transformers feed 400 V auxiliaries and provide local supply.

  11. The relationship between motives of entrepreneurial behavior and venture maturity

    Directory of Open Access Journals (Sweden)

    Bobera Dušan

    2017-01-01

    Full Text Available Countries at a different level of development exhibit a variety of entrepreneurial initiatives and activities in terms of motives of entrepreneurial behavior, but also the scope and structure of entrepreneurial ventures. The aim of this paper is to explore the relationship between the degree of economic development and the motives of entrepreneurial behavior. In order to perform a more detailed overview of the research subject, the research area expands on the scope and structure of entrepreneurial activity, with the aim of identifying the impact of the motives of entrepreneurial behavior on the entrepreneurial process observed in its phases. Characteristics of selected variables and the size of the research sample conditioned the usage of the Spearman's correlation coefficient and the Chi-square test. The results indicate a positive correlation between the level of economic development and opportunity motive of entrepreneurial ventures. This motive is also found to be a generator of maturity of entrepreneurial ventures. More specifically, the higher percentage of participation of the entrepreneurial ventures with opportunity motive is associated with a higher percentage of enterprise in more mature stages, which is especially reflected in the group of highly developed countries.

  12. Venture Creation Programs: Bridging Entrepreneurship Education and Technology Transfer

    Science.gov (United States)

    Lackéus, Martin; Williams Middleton, Karen

    2015-01-01

    Purpose: The purpose of this paper is to explore how university-based entrepreneurship programs, incorporating real-life venture creation into educational design and delivery, can bridge the gap between entrepreneurship education and technology transfer within the university environment. Design/methodology/approach: Based on a literature review…

  13. Cultural Distance and the Performance of International Joint Ventures

    DEFF Research Database (Denmark)

    Christoffersen, Jeppe; Globerman, Steven; Nielsen, Bo Bernhard

    2013-01-01

    This study provides a critical summary and assessment of the empirical literature on the relationship between cultural distance and the performance of international joint ventures (IJVs) based on studies published over the period 1993-2008. The existing literature reports inconsistent and largely...

  14. Hoechst and Wacker plan joint venture in PVC

    International Nuclear Information System (INIS)

    Young, I.

    1992-01-01

    Restructuring of Europe's petrochemical industry has taken a further step with the announcement that Hoechst (Frankfurt) and Wacker Chemie (Munich) are planning a joint venture in polyvinyl chloride (PVC). The venture would include production, R ampersand D, sales and marketing, plus both companies' PVC recycling activities. However, their vinyl chloride monomer (VCM) plants, and Hoechst's Kalle PVC film business, have been left out. Erich Schnitzler, head of Hoechst's PVC business unit, does not anticipate problems with the European Community's competition directorate. We are both among the middle-sized European PVC producers, and together we would have a 9%-10% market share. Our joint venture would not limit competition. Both partners are hoping for approval from Brussels in first-quarter 1993. Hoechst has 255,000 m.t./year of PVC capacity at Gendorfand Knapsack, while Wacker has 365,000 m.t./year at Burghausen and Cologne. All the units, except Wacker's Cologne plant, are back integrated to VCM. The joint venture would buy VCM from the two parent companies and on the merchant market

  15. TRANSFER OF MARKETING KNOWLEDGE IN THAI INTERNATIONAL JOINT VENTURE FIRMS

    Directory of Open Access Journals (Sweden)

    Osman Mohamad

    2010-07-01

    Full Text Available The focus of this study is the transfer of marketing knowledge within Thai joint venture firms. The perspectives of Thai managers were surveyed using a structured instrument. The analysis identifies seven dimensions of marketing management knowledge: promotion management, price management, logistics management, product innovation management, strategic marketing management, cross-cultural management, and target marketing management. The incidence of transfer is highest for activities in strategic marketing management, followed by price management. Transfer in product innovation management and target marketing management tends to vary with the age of the joint venture. Joint venture firms with foreign partners originating from Western, advanced, industrialised nations recorded the highest incidence of knowledge transfer occurring within product innovation management. This trend also holds true for the management of promotion activities. The incidence of transfer in target marketing management is lowest among firms with foreign partners from neighbouring nations. The incidence of knowledge transfer within product innovation and target marketing also tends to vary with the age of the joint venture. An analysis based on industry classification revealed that the transfer of knowledge regarding logistics management occurs most for firms in the manufacturing sector. In the service sector, the highest incidence of knowledge transfer within the areas of promotion management and target marketing management occurred in the agricultural sector.

  16. Internationalization of high-technology ventures from emerging economies

    DEFF Research Database (Denmark)

    Turcan, Romeo V.

    This paper aims to contribute towards filling in the gap in the international entrepreneurhsip literature by exploring how and why new high-technology ventures internationalize from an emerging economy, namely Moldova. To address the above research questions, a multiple-case study strategy...

  17. Success factors in new ventures : A meta-analysis

    NARCIS (Netherlands)

    Song, Michael; Podoynitsyna, Ksenia; van der Bijl, H.M.; Halman, Johannes I.M.

    2008-01-01

    Technology entrepreneurship is key to economic development. New technology ventures (NTVs) can have positive effects on employment and could rejuvenate industries with disruptive technologies. However, NTVs have a limited survival rate. In our most recent empirical study of 11,259 NTVs established

  18. Success factors in new ventures : a meta-analysis

    NARCIS (Netherlands)

    Song, Michael; Podoynitsyna, K.S.; Bij, van der J.D.; Halman, J.I.M.

    2008-01-01

    Technology entrepreneurship is key to economic development. New technology ventures (NTVs) can have positive effects on employment and could rejuvenate industries with disruptive technologies. However, NTVs have a limited survival rate. In our most recent empirical study of 11,259 NTVs established

  19. Regional Opportunities and Policy Initiatives for New Venture Creation

    NARCIS (Netherlands)

    I. Verheul (Ingrid); M.A. Carree (Martin); E. Santarelli (Enrico)

    2007-01-01

    textabstractThis paper investigates the determinants of new venture creation across industries and locations for 103 Italian provinces between 1997 and 2003. We allow for differences in regional opportunities across industries and investigate the impact of a range of factors on entrepreneurship in

  20. Lock-In Agreements in Venture Capital Backed UK IPOs

    NARCIS (Netherlands)

    Espenlaub, S.; Goergen, M.; Khurshed, A.; Renneboog, L.D.R.

    2002-01-01

    This paper examines the impact of venture-capital backing of UK companies issuing shares at flotation on the characteristics of the lock-in agreements entered into by the existing shareholders, and on the abnormal returns realised around the expiry of the directors' lock-in agreements.The study

  1. Cooperation and conflict in international joint venture relationship

    NARCIS (Netherlands)

    Kemp, Ron

    1999-01-01

    This article reports the results of an empirical study focusing on the relationship between the relative dependence asymmetry of partners in a joint venture, the level and intensity of conflict between the partners, the level of trust and norms of exchange between the partners, and the performance

  2. Working Partnerships: A Joint Venture in Vocational Education.

    Science.gov (United States)

    Campbell, Clifton P.

    Joint Ventures in Vocational Education projects link participating businesses with secondary vocational programs in a cooperative relationship. These are voluntary arrangements between vocational programs and a public or private sector agency that combine the energies and resources of the partners to enrich various aspects of the vocational…

  3. Venture capital and risk management: evidence from initial public offerings

    Directory of Open Access Journals (Sweden)

    Charles E. Bamford

    2012-03-01

    Full Text Available In this study we analyze a sample of initial public offerings (IPOs to infer the sources of firm-specific risk associated with investment by venture capitalists. The results indicate that IPO backing by venture capitalists is associated with risk factors related to operating profit margins and ongoing sales generation, but not operational financing. The results also indicate that venture-backed IPOs are associated with greater reductions in firm-specific risk over the course of a year that includes the date of the IPO. In sum, the findings suggest venture capitalists are willing to accept higher levels of uncertainty in those instances where they have an advantage in terms of managerial skill, and are able to reduce firm-specific risk subsequent to investment in order to maximize returns when they cash out. Our study also makes use of proxies that are representative of the ex-ante nature of firm-specific risk at the time of a new issue

  4. K-12 Marketplace Sees Major Flow of Venture Capital

    Science.gov (United States)

    Ash, Katie

    2012-01-01

    The flow of venture capital into the K-12 education market has exploded over the past year, reaching its highest transaction values in a decade in 2011, industry observers say. They attribute that rise to such factors as a heightened interest in educational technology; the decreasing cost of electronic devices such as tablet computers, laptops,…

  5. R&D returns, market structure and research joint ventures

    DEFF Research Database (Denmark)

    Amir, Rabah

    2000-01-01

    (one firm endogenously exiting). Two research joint venture schemes and the noncooperative solution are compared. Due to built-in symmetry, a joint lab does not always lead to the best performance. Overall, our findings differ quite substantially from those based on strongly decreasing R&D returns...

  6. E-Commerce New Venture Performance: How Funding Impacts Culture.

    Science.gov (United States)

    Hamilton, R. H.

    2001-01-01

    Explores the three primary methods of funding for e-commerce startups and the impact that funding criteria have had on the resulting organizational cultures. Highlights include self-funded firms; venture capital funding; corporate funding; and a table that compares the three types, including examples. (LRW)

  7. Development of New B2B Venture Corporate Brand Identity

    DEFF Research Database (Denmark)

    Törmälä, Minna; Gyrd-Jones, Richard I.

    2017-01-01

    of interviews and archival data generated during a three-year period to examine the development of corporate brand over time. This study shows that the development of corporate brand identity and the context of the development of new B2B venture are closely intertwined processes and provides a framework...

  8. Managing international joint venture relationships - A longitudinal perspective

    NARCIS (Netherlands)

    Hyder, A.; Ghauri, P.N.

    The purpose of the study is to describe and analyse the formation and development of international joint venture processes and relationships between the partners over time. Moreover, the study analyzes how far foreign partners have been successful in developing new contacts and in expanding their

  9. 15 CFR 295.23 - Dissolution of joint research and development ventures.

    Science.gov (United States)

    2010-01-01

    ... Development Ventures § 295.23 Dissolution of joint research and development ventures. Upon dissolution of any joint research and development venture receiving funds under these procedures or at a time otherwise... 15 Commerce and Foreign Trade 1 2010-01-01 2010-01-01 false Dissolution of joint research and...

  10. 24 CFR 943.151 - What procurement standards apply to a joint venture itself?

    Science.gov (United States)

    2010-04-01

    ... a joint venture itself? 943.151 Section 943.151 Housing and Urban Development Regulations Relating... HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PUBLIC HOUSING AGENCY CONSORTIA AND JOINT VENTURES Subsidiaries, Affiliates, Joint Ventures in Public Housing § 943.151 What procurement standards apply to a...

  11. 24 CFR 943.150 - What procurement standards apply to a PHA's joint venture partner?

    Science.gov (United States)

    2010-04-01

    ... a PHA's joint venture partner? 943.150 Section 943.150 Housing and Urban Development Regulations... HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PUBLIC HOUSING AGENCY CONSORTIA AND JOINT VENTURES Subsidiaries, Affiliates, Joint Ventures in Public Housing § 943.150 What procurement standards apply to a PHA...

  12. Venture capital performance: the disparity between Europe and the United States

    NARCIS (Netherlands)

    Schwienbacher, A.; Hege, U.; Palomino, F.

    2009-01-01

    Abstract: This paper compares the success of venture capital investments in the United States and in Europe by analyzing individual venture-backed companies and the value generated within the stage financing process. We document that US venture capitalists generate significantly more value with

  13. REGIONAL VENTURE FUND OF THE URAL FEDERAL DISTRICT: CREATION AND STRATEGY OF DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    N.A. Victorov

    2007-03-01

    Full Text Available The article describes both types of Russian venture funds and forms of the state participation in venture investment. Besides, the article mentions the scheme of regional venture fund creation in Ural district, principles of its participants` interaction and some management issues. Moreover, we can see here the fund's development which includes market, technological, integration and investment components.

  14. Greece, Milos Island Geothermal Project

    International Nuclear Information System (INIS)

    Delliou, E.E.

    1990-01-01

    On Milos island (Aegean Sea) a high enthalpy, water dominated geothermal field of high salinity exists. At 1985, a 2MW geothermoelectric pilot plant was installed on the island. This plant has been provided by Mitsubishi Heavy Industries of Japan under a contract with Public Power Corporation of Greece. Due to high salinity of the geothermal fluid, unforeseen problems (scaling mainly) arisen in both steam and brine cycles. As a consequence, the operation (trial mainly) of the power plant have been interrupted several times for long periods, in order to identify the arisen, each time, problems and find the most appropriate technical solution. The above fact, as well as, some unfortunate coincidences described in this paper, led Milos people to react against geothermal development in their island. The sequence of the events, technical and non-technical, their approach and the relevant conclusions are reported in this presentation

  15. Geothermal resources of the UK

    International Nuclear Information System (INIS)

    Batchelor, A.S.

    1990-01-01

    This paper reports that geothermal energy applications and research are being actively pursued in the United Kingdom despite the relatively normal heat flow regime. The cumulative expenditure on geothermal activity from 1975 to 1989 has been approximately Brit-pounds 46 million of 32% of the Renewable Energy Research Budget to date. The first practical application is a 2 MWt scheme at Southampton as part of a district heating scheme. Commercial operation started in February 1988 and further expansion is planned. The UK's enthusiasm for Hot Dry Rock has dimmed slightly as the entire program is reappraised and the long heralded deep exploration hole has yet to materialize. Future activity looks likely to focus on geothermal opportunities that have multiple uses or applications for the fluids in small scale schemes and Hot Dry Rock research will probably be linked to a pan-European program based in France

  16. Geothermal hydrogen - a vision? Paper

    Energy Technology Data Exchange (ETDEWEB)

    Zittel, W.; Weindorf, W.; Wurster, R.; Bussmann, W.

    2001-07-01

    With the progresses in geothermal electricity production by means of the hot-dry-rock (HDR) method electricity might be produced at cost of between 0.07 - 0.09 ECU/kWh, depending on systems sizes of between 5 - 20 MW{sub e}. The electricity can be used to produce hydrogen from electrolysis and water. This method of electricity production offers high availability with operating hour of between 7,600 - 8,000 hours per year. The 40 GWh electricity production per year from one 5 MW{sub e} geothermal plant are sufficient to produce enough hydrogen for the operation of an average fueling station with about 400 refuelings per day at cost of about 20 - 30 percent higher than today's gasoline (including taxes). In this contribution some details of the analysis are presented as well as a general discussion of geothermal hydrogen production as a future energy vector. (orig.)

  17. Feasibility Study of the Department of the Navy Investing Research and Development Funds in Venture Capital Firms as a Means to Identify Technology

    Science.gov (United States)

    2005-12-01

    Kortum , and Josh Lerner , "Assessing the contribution of Venture Capital to Innovation," Rand Journal of Economics (2000), 28 Oct. 2005...Joshua Lerner , The Venture Capital Cycle, Cambridge Mass: MIT Press, 1999. 8 Venture Impact 2004, Arlington, VA: Global Insight, 2005, Venture Capital ...liability position.18 15 National Venture Capital Association Yearbook, New York: Thomson Venture Economics Information, 2005. 16 Samuel

  18. Hot Dry Rock; Geothermal Energy

    Energy Technology Data Exchange (ETDEWEB)

    None

    1990-01-01

    The commercial utilization of geothermal energy forms the basis of the largest renewable energy industry in the world. More than 5000 Mw of electrical power are currently in production from approximately 210 plants and 10 000 Mw thermal are used in direct use processes. The majority of these systems are located in the well defined geothermal generally associated with crustal plate boundaries or hot spots. The essential requirements of high subsurface temperature with huge volumes of exploitable fluids, coupled to environmental and market factors, limit the choice of suitable sites significantly. The Hot Dry Rock (HDR) concept at any depth originally offered a dream of unlimited expansion for the geothermal industry by relaxing the location constraints by drilling deep enough to reach adequate temperatures. Now, after 20 years intensive work by international teams and expenditures of more than $250 million, it is vital to review the position of HDR in relation to the established geothermal industry. The HDR resource is merely a body of rock at elevated temperatures with insufficient fluids in place to enable the heat to be extracted without the need for injection wells. All of the major field experiments in HDR have shown that the natural fracture systems form the heat transfer surfaces and that it is these fractures that must be for geothermal systems producing from naturally fractured formations provide a basis for directing the forthcoming but, equally, they require accepting significant location constraints on HDR for the time being. This paper presents a model HDR system designed for commercial operations in the UK and uses production data from hydrothermal systems in Japan and the USA to demonstrate the reservoir performance requirements for viable operations. It is shown that these characteristics are not likely to be achieved in host rocks without stimulation processes. However, the long term goal of artificial geothermal systems developed by systematic

  19. Geothermal resource assessment in Korea

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Youngmin; Kim, Hyoung Chan [Korea Institute of Geoscience and Mineral Resources (Korea); Park, Sungho; Kim, Jongchan; Koo, Min-Ho [Kongju National University (Korea)

    2010-10-15

    To estimate available geothermal energy and to construct temperature at depth maps in Korea, various geothermal data have been used. Those include 1560 thermal property data such as thermal conductivity, specific heat and density, 353 heat flow data, 54 surface temperature data, and 180 heat production data. In Korea, subsurface temperature ranges from 23.9 C to 47.9 C at a depth of 1 km, from 34.2 C to 79.7 C at 2 km, from 44.2 C to 110.9 C at 3 km, from 53.8 C to 141.5 C at 4 km, and from 63.1 C to 171.6 C at 5 km. The total available subsurface geothermal energy in Korea is 4.25 x 10{sup 21} J from surface to a depth of 1 km, 1.67 x 10{sup 22} J to 2 km, 3.72 x 10{sup 22} J to 3 km, 6.52 x 10{sup 22} J to 4 km, and 1.01 x 10{sup 23} J to 5 km. In particular, the southeastern part of Korea shows high temperatures at depths and so does high geothermal energy. If only 2% of geothermal resource from surface to a depth of 5 km is developed in Korea, energy from geothermal resources would be equivalent to about 200 times annual consumption of primary energy ({proportional_to}2.33 x 10{sup 8} TOE) in Korea in 2006. (author)

  20. Geothermal Progress Monitor: Report No. 14

    Energy Technology Data Exchange (ETDEWEB)

    1992-12-01

    This issue of the Geothermal Progress Monitor, the 14th since its inception in 1980, highlights the anticipated rapid growth in the use of geothermal heat pumps and documents the continued growth in the use of geothermal energy for power generation, both in this country and abroad. In countries with a relatively large demand for new generation capacity, geothermal, if available, is being called on as a preferable alternative to the use of domestic or imported oil. On the other hand, in this country where current demand for new capacity is less, geothermal energy is commonly being put to use in small power generation units operating on the hot water resource.

  1. Geothermal progress monitor report No. 6

    Energy Technology Data Exchange (ETDEWEB)

    1982-06-01

    Geothermal Progress Monitor Report No. 6 presents a state-by-state summary of the status of geothermal leasing, exploration, and development in major physiographic regions where geothermal resource potential has been identified. Recent state-specific activities are reported at the end of each state status report, while recent activities of a more general nature are summarized briefly in Part II of the report. A list of recent publications of potential interest to the geothermal community and a directory of contributors to the geothermal progress monitoring system are also included.

  2. "Assistance to States on Geothermal Energy"

    Energy Technology Data Exchange (ETDEWEB)

    Linda Sikkema; Jennifer DeCesaro

    2006-07-10

    This final report summarizes work carried out under agreement with the U.S. Department of Energy, related to geothermal energy policy issues. This project has involved a combination of outreach and publications on geothermal energy—Contract Number DE-FG03-01SF22367—with a specific focus on educating state-level policymakers. Education of state policymakers is vitally important because state policy (in the form of incentives or regulation) is a crucial part of the success of geothermal energy. State policymakers wield a significant influence over all of these policies. They are also in need of high quality, non-biased educational resources which this project provided. This project provided outreach to legislatures, in the form of responses to information requests on geothermal energy and publications. The publications addressed: geothermal leasing, geothermal policy, constitutional and statutory authority for the development of geothermal district energy systems, and state regulation of geothermal district energy systems. These publications were distributed to legislative energy committee members, and chairs, legislative staff, legislative libraries, and other related state officials. The effect of this effort has been to provide an extensive resource of information about geothermal energy for state policymakers in a form that is useful to them. This non-partisan information has been used as state policymakers attempt to develop their own policy proposals related to geothermal energy in the states. Coordination with the National Geothermal Collaborative: NCSL worked and coordinated with the National Geothermal Collaborative (NGC) to ensure that state legislatures were represented in all aspects of the NGC's efforts. NCSL participated in NGC steering committee conference calls, attended and participated in NGC business meetings and reviewed publications for the NGC. Additionally, NCSL and WSUEP staff drafted a series of eight issue briefs published by the

  3. Geothermal country report of Hungary

    International Nuclear Information System (INIS)

    Ottlik, P.

    1990-01-01

    There is a slow but steady increase in the number of geothermal wells in Hungary. The rate of increase is 3-5 new wells/year. In the last years technical development and the raising of efficiency came to the front in utilization of geothermal energy. Technical development is supported by the state. This paper reports that the main directions were: developing a pump suitable for Hungarian conditions, working out the model of sandy and karstic aquifers for simulation and prediction, and developing new chemicals and methods for treating thermal water

  4. New Mexico Geothermal Data Base

    International Nuclear Information System (INIS)

    Witcher, J.C.; Whittier, J.; Morgan, R.

    1990-01-01

    This paper reports on the New Mexico Geothermal Data Base (NMGDB) which is a comprehensive public-domain data base of low-temperature geothermal resource information for New Mexico that is designed to assist researchers and developers. A broad range of geoscience, engineering, climatic, economic, and land status information are complied in the dBASE III PLUS data base management system for use on an IBM or IBM-compatible personal computer. A user friendly menu format with on-screen prompts allows easy and convenient use

  5. Submarine geothermal resources

    Science.gov (United States)

    Williams, D.L.

    1976-01-01

    Approximately 20% of the earth's heat loss (or 2 ?? 1012 cal/s) is released through 1% of the earth's surface area and takes the form of hydrothermal discharge from young (Pleistocene or younger) rocks adjacent to active seafloor-spreading centers and submarine volcanic areas. This amount is roughly equivalent to man's present gross energy consumption rate. A sub-seafloor geothermal reservoir, to be exploitable under future economic conditions, will have to be hot, porous, permeable, large, shallow, and near an energy-deficient, populated land mass. Furthermore, the energy must be recoverable using technology achievable at a competitive cost and numerous environmental, legal and institutional problems will have to be overcome. The highest-temperature reservoirs should be found adjacent to the zones of the seafloor extension or volcanism that are subject to high sedimentation rates. The relatively impermeable sediments reduce hydrothermal-discharge flow rates, forcing the heat to be either conducted away or released by high-temperature fluids, both of which lead to reservoir temperatures that can exceed 300??C. There is evidence that the oceanic crust is quite permeable and porous and that it was amenable to deep (3-5 km) penetration by seawater at least some time in the early stages of its evolution. Most of the heat escapes far from land, but there are notable exceptions. For example, in parts of the Gulf of California, thermal gradients in the bottom sediments exceed 1??C/m. In the coastal areas of the Gulf of California, where electricity and fresh water are at a premium, this potential resource lies in shallow water (characteristics of these systems before they can be considered a viable resource. Until several of the most promising areas are carefully defined and drilled, the problem will remain unresolved. ?? 1976.

  6. Mexican geothermal development and the future

    International Nuclear Information System (INIS)

    Serrano, J.M.E.V.

    1998-01-01

    Geothermics in Mexico started in 1954, by drilling the first geothermal well in Pathe, State of Hidalgo, which reached a depth of 237 meters. In 1959 electrical generation from geothermal origin began, with an installed capacity of 3.5 MW. From 1959 to 1994 Mexico increased its installed capacity to 753 MW, by developing three geothermal fields: Cerro Prieto, Los Azufres, and Los Humeros. Currently, 177 wells produce steam at a rate of 36 tons per hour (t/h) each. Comision Federal de Electricidad (CFE, Federal Commission of Electricity) has planned to increase the geothermal-electric installed capacity through construction and installation of several projects. Repowering of operating units and development of new geothermal zones will also allow Mexican geothermal growth

  7. Fueling innovation in medical devices (and beyond): venture capital in health care.

    Science.gov (United States)

    Ackerly, D Clay; Valverde, Ana M; Diener, Lawrence W; Dossary, Kristin L; Schulman, Kevin A

    2009-01-01

    Innovation in health care requires new ideas and the capital to develop and commercialize those ideas into products or services. The necessary capital is often "venture capital," but the link between public policy and the venture capital industry has not been well examined. In this paper we explore the link between venture capital and innovation in health care, and we present new descriptive data from a survey of health care venture capital fund managers. Respondents generally viewed policy levers (for example, reimbursement and regulations) as important risks to venture capital investments, potentially affecting their ability to raise capital for early-stage investment funds.

  8. The low-energy geothermics

    International Nuclear Information System (INIS)

    Anon.

    1995-01-01

    Low-energy geothermal resources are characterized by temperatures ranging from 30 to 100 C. The principal worldwide applications are: towns and greenhouses heating, spa bathing, agriculture products drying, etc.. Sources depth ranges from 1500 to 2500 m in porous and permeable formations (sandstones, sands, conglomerates, limestones..) carrying aquifers. The worldwide installed power was of about 11500 MWth in 1990, with an annual production of about 36000 GWh (about 1% of worldwide energy consumption). The annual production rate is estimated to 10% and would represent a 30000 and 80000 MWth power in 2000 and 2010, respectively. In France, low-energy geothermal resources are encountered principally in Mesozoic sediments of the Parisian and Aquitanian basins. French geothermics has developed during the last 30 years and principally between 1980 and 1985 after the second petroleum crack. After 1985, the decay of fossil fuel costs and the development of corrosion problems in the geothermal wells have led to the abandonment of the less productive fields and to the study of technical solutions to solve the corrosion problems. (J.S.). 1 fig., 5 photos

  9. Experiments Demonstrate Geothermal Heating Process

    Science.gov (United States)

    Roman, Harry T.

    2012-01-01

    When engineers design heat-pump-based geothermal heating systems for homes and other buildings, they can use coil loops buried around the perimeter of the structure to gather low-grade heat from the earth. As an alternative approach, they can drill well casings and store the summer's heat deep in the earth, then bring it back in the winter to warm…

  10. Geothermal GW cogeneration system GEOCOGEN

    Energy Technology Data Exchange (ETDEWEB)

    Grob, Gustav R

    2010-09-15

    GEOCOGEN is the GW zero pollution, no risk solution to replace nuclear and fossil fuelled power plants. It can be built near the energy consumption centers, is invisible and produces electricity and heat at a fraction of the cost of any other the energy mix options. It is a break through deep well geothermal energy technology lasting forever driving also millions of electric vehicles.

  11. 24 CFR 943.146 - What impact does the use of a subsidiary, affiliate, or joint venture have on financial...

    Science.gov (United States)

    2010-04-01

    ... subsidiary, affiliate, or joint venture have on financial accountability to HUD and the Federal government... URBAN DEVELOPMENT PUBLIC HOUSING AGENCY CONSORTIA AND JOINT VENTURES Subsidiaries, Affiliates, Joint Ventures in Public Housing § 943.146 What impact does the use of a subsidiary, affiliate, or joint venture...

  12. 24 CFR 943.148 - What procurement standards apply to PHAs selecting partners for a joint venture?

    Science.gov (United States)

    2010-04-01

    ... PHAs selecting partners for a joint venture? 943.148 Section 943.148 Housing and Urban Development... VENTURES Subsidiaries, Affiliates, Joint Ventures in Public Housing § 943.148 What procurement standards apply to PHAs selecting partners for a joint venture? (a) The requirements of part 85 of this title are...

  13. Microbiological Monitoring in Geothermal Plants

    Science.gov (United States)

    Alawi, M.; Lerm, S.; Linder, R.; Vetter, A.; Vieth-Hillebrand, A.; Miethling-Graff, R.; Seibt, A.; Wolfgramm, M.; Wuerdemann, H.

    2010-12-01

    In the scope of the research projects “AquiScreen” and “MiProTherm” we investigated geothermally used groundwater systems under microbial, geochemical, mineralogical and petrological aspects. On one side an enhanced process understanding of engineered geothermal systems is mandatory to optimize plant reliability and economy, on the other side this study provides insights into the microbiology of terrestrial thermal systems. Geothermal systems located in the North German Basin and the Molasse Basin were analyzed by sampling of fluids and solid phases. The investigated sites were characterized by different temperatures, salinities and potential microbial substrates. The microbial population was monitored by the use of genetic fingerprinting techniques and PCR-cloning based on PCR-amplified 16S rRNA and dissimilatory sulfite reductase (DSR) genes. DNA-sequences of fingerprints and cloned PCR-products were compared to public databases and correlated with metabolic classes to provide information about the biogeochemical processes. In all investigated geothermal plants, covering a temperature range from 5° to 120°C, microorganisms were found. Phylogenetic gene analyses indicate a broad diversity of microorganisms adapted to the specific conditions in the engineered system. Beside characterized bacteria like Thermus scotoductus, Siderooxidans lithoautotrophicus and the archaeon Methanothermobacter thermoautotrophicus a high number of so far uncultivated microorganisms was detected. As it is known that - in addition to abiotic factors - microbes like sulfate-reducing bacteria (SRB) are involved in the processes of corrosion and scaling in plant components, we identified SRB by specific analyses of DSR genes. The SRB detected are closely related to thermotolerant and thermophilic species of Desulfotomaculum, Thermodesulfovibrio, Desulfohalobium and Thermodesulfobacterium, respectively. Overall, the detection of microbes known to be involved in biocorrosion and the

  14. Proceedings of NEDO International Geothermal Symposium

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-03-11

    This is a proceedings of the NEDO International Geothermal Symposium held in Sendai in 1997. The worldwide geothermal energy power generation capacity exceeds 7000 MW. Geothermal energy is widely used also for heating, snow melting, greenhouse cultivation as well as electric power generation. Geothermal energy generates far less CO2 causing the global warming than fossil fuels. The geothermal energy is clean and renewable. Considering the environmental issue and energy supply/demand of the world, we have to exert further efforts for the geothermal development. In this conference, discussions were made on each country`s experiences of the geothermal development, and future prediction and strategies for geothermal utilization in the Asia/Pacific region, in particular. Further, in the technical session, conducted were the IEA study and technical presentation/discussion for technical cooperation. The proceedings includes research reports of more than 30, which are clarified into three fields: impacts of the geothermal development on the environment, technical development of the hot dry rock power generation system, and development of technology for collecting deep-seated geothermal resource

  15. Lack of production sharing laws slows joint ventures in Russia

    International Nuclear Information System (INIS)

    Knott, D.

    1995-01-01

    When Russia opened its doors to foreign oil companies in 1990, there was a rush to secure a piece of the country's potentially vast oil wealth. Since then, many of the ventures between Russian and non-Russian partners have become bogged down with operational problems and an ever changing tax and legal regime. There is a stockpile of massive developments building, while government grinds with seeming reluctance toward passing laws that will allow outside firms to do big business. For major development projects the main stumbling block is the lack of production sharing contract legislation. The paper describes the problems, the current legislation, and operating problems, then highlights several joint ventures that have been successful and several that have ended in pullouts of the foreign investor

  16. Venture capital and private equity investment preferences in selected countries

    Directory of Open Access Journals (Sweden)

    Krzysztof Dziekoński

    2016-01-01

    Full Text Available Sources of capital to finance companies in the SME sector is one of the basic conditions for the functioning and development of enterprises, especially in the early phase of their development. Increasingly popular is the use of capital market instruments, Private Equity, Venture Capital, Business Angels or Mezzanine. Funding of this kind can finance risky investments in return for a higher expected rate of return on capital. Access to financial resources and the conditions under which entrepreneurs can use them can determine the introduction of new technology, new products and services, expand distribution channels, implement changes that may lead to the growth in competitiveness and above all, innovation, thus the growth of the company. The paper presents results of statistical analysis of the venture capital and private equity funds investment strategies in selected countries. As a result investment profiles are created.

  17. NASA's Earth Venture-1 (EV-1) Airborne Science Investigations

    Science.gov (United States)

    Guillory, A.; Denkins, T.; Allen, B. Danette; Braun, Scott A.; Crawford, James H.; Jensen, Eric J.; Miller, Charles E.; Moghaddam, Mahta; Maring, Hal

    2011-01-01

    In 2010, NASA announced the first Earth Venture (EV-1) selections in response to a recommendation made by the National Research Council for low-cost investigations fostering innovation in Earth science. The five EV-1 investigations span the Earth science focus areas of atmosphere, weather, climate, water and energy and, carbon and represent earth science researchers from NASA as well as other government agencies, academia and industry from around the world. The EV-1 missions are: 1) Airborne Microwave Observatory of Subcanopy and Subsurface (AirMOSS), 2) Airborne Tropical Tropopause Experiment (ATTREX), 3) Carbon in Arctic Reservoirs Vulnerability Experiment (CARVE), 4) Deriving Information on Surface Conditions from Column and Vertically Resolved Observations Relevant to Air Quality (DISCOVER-AQ), and 5) Hurricane And Severe Storm Sentinel (HS3). The Earth Venture missions are managed out of the Earth System Science Pathfinder (ESSP) Program Office (Allen, et. al. 2010b)

  18. Considerations when analyzing investment in space transportation business ventures

    Science.gov (United States)

    S. Greenberg, Joel

    2000-07-01

    Private sector investment in space transportation, as in most business situations, requires the development of realistic and believable business plans that demonstrate that if an investment is made that there is a reasonable chance that the indicated financial performance will attract the necessary financing. The business plan must also indicate the assumptions upon which the plan rests, and as has become almost second nature to the space transportation industry, the necessary role of the government in risk reduction and/or capital formation [i.e., government actions that are necessary to make the business venture financially attractive]. This paper discusses and describes several factors that must be considered, by both government and industry, when developing a business plan for obtaining financing for space transportation business ventures.

  19. BP/Mobil. Joint-venture directions for use

    International Nuclear Information System (INIS)

    Anon.

    1997-01-01

    This paper analyzes the economical reasons which have led BP and Mobil companies to join their forces in 1996. Thanks to their complementarity and to their European implantation, the two companies could win the first or second position in petroleum products marketing in 8 European countries. The cumulated petrol sales and the number of petrol stations of the BP/Mobil joint venture are the highest in Europe (800 petrol stations in France). (J.S.)

  20. Joint Venture Manufacturing in China : an Exploratory Investigation

    OpenAIRE

    Zhang, Lihong; Goffin, Keith

    1999-01-01

    International joint venture (IJV) manufacturing is important for both the Chinese economy and a large number of foreign investors. A review of the literature from both Western and Chinese researchers showed that although the purpose and advantages of IJV manufacturing in China are known, a vital aspect – operations management – has largely been ignored. Therefore, exploratory interviews with managers at six companies were conducted to investigate the operations management is...

  1. Getting Financed : 9 Tips for Community Joint Ventures in Tourism

    OpenAIRE

    World Bank Group; World Wildlife Fund

    2014-01-01

    Like many organizations working in the tourism sector, the authors believe that private sector investment is one of the key drivers of development. Over the past few years, the private sector has been a central innovator in forging business partnerships with local communities for tourism purposes around the world. Having demonstrated some extraordinary development results, joint ventures increasingly need to demonstrate their commercial viability over the long term. Moving out of the donor an...

  2. The characteristics and performance of international joint ventures in Thailand

    OpenAIRE

    Suwannarat, P

    2010-01-01

    The importance of strategic alliances in the form of international joint ventures (IJVs) is growing in the present international business environment where competition is on a global scale. A review of the IJV literature, especially in developing countries, shows an over-emphasis on China and the NIEs (the first tier newly-industrialising economies: Taiwan, Singapore, Hong Kong, and South Korea). To date, relatively little attention has been paid to the ASEAN4 countries (the high-performing e...

  3. The steps to forming a joint venture IPP in Poland

    Energy Technology Data Exchange (ETDEWEB)

    Allen, Z.; Colligan, M.J.

    1998-07-01

    Poland represents the largest market in Central Europe with 38 million people and an installed electrical generating capacity of about 32 gigawatts. Since 1989, when the process of governmental restructuring along free market principals began, the allure to IPP developers has been evident, but is of yet unrealized. The natural model for IPP development in Poland would seem to be joint ventures with Polish generating companies. These enterprises already have sites, franchises, and a going business to contribute to a joint company. There are a number of reasons why so few deals have been concluded in Poland to date, and a number of barriers still exist that tend to hamper the realization of project finance funded power joint ventures. But, these barriers are not insurmountable. Overcoming them in the context of a joint venture relationship with a domestic partner requires patience, work, and an ability to bridge the gaps between the realities of working in a post-Communist environment and the practicalities of structuring projects that can be financed in the international capital markets. The new Energy Law in Poland establishes a framework for a viable private sector power generation business. But the enabling regulations are yet to be published or approved. There is still effective political risk on account of the uncertainty this creates. Pressure is mounting on the Polish Government, especially due to its expressed interest in joining the EU, to get the power sector to operate on private sector terms, if not in private hands. The trends are pointing in the direction of increased market driven policies and practices. The conclusion is that, despite the delays of the past, independent power projects will start to happen in Poland on a joint venture basis, with increasing frequency in the next years.

  4. Venture Capital and Other Private Equity: A Survey

    OpenAIRE

    Andrew Metrick; Ayako Yasuda

    2010-01-01

    We review the theory and evidence on venture capital (VC) and other private equity: why professional private equity exists, what private equity managers do with their portfolio companies, what returns they earn, who earns more and why, what determines the design of contracts signed between (i) private equity managers and their portfolio companies and (ii) private equity managers and their investors (limited partners), and how/whether these contractual designs affect outcomes. Findings highlig...

  5. La joint venture contractual en el ámbito internacional

    Directory of Open Access Journals (Sweden)

    Ana Michavila Núñez

    2014-06-01

    Full Text Available La joint venture ha surgido en los negocios internacionales al margen de los marcos jurídicos establecidos. Sus rasgos característicos la definen como un acuerdo de cooperación para la realización de un negocio en común, en el que las partes realizan sus aportaciones, mantienen su autonomía y comparten el control sobre el negocio. La modalidad conocida como contractual o non-equity joint venture, habitualmente olvidada por la doctrina jurídica, participa de los mismos elementos y naturaleza que la equity o incorporated, si bien se distingue de ésta por los instrumentos utilizados por las partes para su implementación. Abarca todas aquellas joint ventures en las que las partes no eligen una corporation o una sociedad con personalidad jurídica para su instrumentación, sino cualquier otra forma jurídica prevista por un ordenamiento nacional o bien una diseñada a la medida por las partes en todos sus extremos. En cualquier caso, la voluntad de las partes debe plasmarse detalladamente en el acuerdo de base o contrato joint venture y, en su caso, en los contratos de aplicación o contratos satélites. Es preciso determinar en cada supuesto el régimen jurídico aplicable, puesto que no existe en la mayoría de los ordenamientos jurídicos una regulación de esta figura

  6. Chart Venture Partners' perspective on dual-use CBRNE technologies

    Science.gov (United States)

    Van Nice, C. S.; Gardner, P. J.

    2008-04-01

    Chart Venture Partners' (CVP) approach to investing in Chemical, Biological, Radiological, Nuclear, and Explosives (CBRNE) detection technologies can be best understood in the context of the unique partnership between the firm's two founding institutions. CVP was founded as a partnership between the Chart Group, a New York-based merchant banking and venture capital boutique, and InSitech Incorporated, a 501(c)(3) non-profit commercial partnership intermediary for the U.S. Army's Armament Research Development and Engineering Center (ARDEC) at Picatinny Arsenal in New Jersey. The partnership between Chart Group and Insitech has yielded a new investment model. Unlike most venture funds, CVP operates with a singular focus on early-stage defense and security technologies, with the important caveat that everything we invest in must also have dual-use application in large-scale commercial markets. CVP believes that early-stage CBRNE companies require five qualities to be viable investment candidates and successful start-up companies: Great Science, Strong IP Positions, Recognized Scientific Champions, Identified Dual-Use Market Pull, and "Real World" Technical Performance Data. When earlystage CBRNE companies decide to seek venture capital and pursue higher growth dual-use business models, we often find that certain issues arise that are not always fully contemplated at the outset, and that can create gaps between what the start-up companies are offering to investors and what those investors are seeking from their potential portfolio companies. These same issues can have significant positive or negative impact on shareholder value over time, depending on how they are managed. Specifically, startups should consider carefully their strategies related to business development, market positioning, government funding, and investment syndicate formation.

  7. Application of Delphi expert panel in joint venture projects

    Science.gov (United States)

    Adnan, H.; Rosman, M. R.; Rashid, Z. Z. Ahmad; Mohamad Yusuwan, N.; Bakhary, N. A.

    2018-02-01

    This study was conducted with the aim to identify the application of the Delphi Technique in validating findings obtained from questionnaire surveys and interviews done in- depth on the subject of joint venture projects in Malaysia. The Delphi technique aims to achieve a consensus of opinion amongst expert panellist that were selected on the primary factors in JV projects. To achieve research objectives, a progressive series of questions was designed where a selected panel of expert to confirm and validate the final findings. The rationale, benefits, limitations and recommendations for the use of Delphi were given in this study. From the literature review done, twenty-one factors were identified as critical factors to the making any joint venture project successful. Detail information from contractors were obtained by using the questionnaire survey method and forty-three in-depth interviews were carried out. Trust between partners, mutual understanding, partner selection criteria, agreement of contract, objective compatibility, conflict, and commitment were confirmed by the Delphi panel to be the critical success factors besides another fourteen factors which were found to be the Failure Reduction Criteria. Delphi techniques has proven to successfully assist in recognising the main factors and would be beneficial in supplementing the success of joint venture arrangements application for construction projects in Malaysia.

  8. NEW VENTURE CREATION: HOW START-UPS GROW?

    Directory of Open Access Journals (Sweden)

    AIDIN SALAMZADEH

    Full Text Available ABSTRACT Start-ups, often seen as sources of innovation and change, are prone to failure and accordingly they are attracting considerable attention not least from policy makers and Government officials. However, the various new venture creation studies that have emerged since the early 1980s lack cohesiveness, and the domain remains controversial. This article not only exposes the limitations of the existing body of understanding on the topic but attempts to develop a more comprehensive and comprehendible framework for start up (new venture creation. To do so it uses the frameworks proposed by Whetten, and March and Smith to develop 11 propositions. The resultant model suggests that the creation of a start up involves the identification of an idea or opportunity by an entrepreneur who subsequently organizes a series of activities, mobilizes resources and creates competence using his/her networks in an environment in order to create value. It sheds light on the start-up (new venture creation process and has relevance for entrepreneurs, policy makers and researchers.

  9. Russian joint ventures, upstream deals hit fast clip

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports that Russia is stepping up the pace of joint ventures and imports of petroleum technology and hardware. Among the latest action: Polar Lights, a 50-50 venture of Conoco Timan-Pechora Ltd. and Arkhangelskgeologia (AAG), started drilling in the first new-field oil-development project in Russia to include a US partner; The governments of Oman and the Kazakhstan republic signed an agreement covering oil and gas exploration, field development, and production in Kazakhstan; Phibro Energy Inc., Greenwich, Conn., last week reported the sale and delivery of the first full cargo of Russian crude oil produced and exported by a Russian-American joint venture; Era Aviation Inc., Anchorage, Alas., is sending two helicopters with crewmen to Russia to help assess the feasibility of oil and gas development off Sakhalin Island; In deals involving Canadian companies, SNC-Lavalin Inc., Montreal, received a contract for initial work on a $350 million (US) modernization of the Volvograd refinery in southern Russia

  10. Engelhard and IFP/Procatalyse set up worldwide catalysts venture

    International Nuclear Information System (INIS)

    Hunter, D.

    1992-01-01

    The new joint venture between Engelhard (Iselin, N) and Procatalyse (Paris), jointly owned by process licenser Institut Francais de Petrole (IFP; Rueil Malmaison, France) and Rhone-Poulenc (RP; Paris), marks the latest episode in the worldwide catalyst industry's restructuring. The operation will combine Engelhard's catalyst line, apart from its fluid catalytic cracking (FCC) and emission catalysts, with Procatalyse's offering. To be launched at the beginning of 1993, the venture will have annual sales of about $75 million. Reforming catalysts will be the biggest part of the venture's lineup at the outset, making it number three in the US, behind UOP - which dominates the sector - and Criterion. IFP is starting to establish a presence in North America with its reforming technology. But flat gasoline demand and reductions on aromatics in gasoline limit requirements for new reforming units, comments one competitor. Although lower sulfur specifications are putting some new demand into the hydrodesulfurization (HDS) catalyst market, both partners play down their prospects. The sector, whose leaders are Akzo and Crtierion, is continuing to suffer from severe overcapacity. Procatalyse's HDS business is mainly linked to IFP licensees, while Engelhard is due to mothball its Salt Lake City HDS catalyst plant by year-end, transferring output to Elyria

  11. Joint Venture Modes of Water Conservancy and Hydroelectric Engineering

    Directory of Open Access Journals (Sweden)

    Zhiding Chen

    2013-07-01

    Full Text Available With the long construction period, the giant scope and complex technology, water conservancy and hydroelectric engineering construction has large investment. In the fully competitive water conservancy and hydropower project construction contracting market, it is almost impossible for a company to contract with a water conservancy and hydropower project independently. Therefore, water conservancy and hydropower project construction can be contracted by several construction companies together, to play each company's strengths, lower offer, improve project quality, shorten the construction period and win the competition. In this paper, we started from the definition of Joint Venture, summed up the forms of Joint Venture in water conservancy and hydropower engineering, proposed that the JV modes can be divided into domestic and international union, tight mode, half-tight mode, loose mode, incorporation and consortium. Furthermore, we analyzed the advantages and disadvantages of Joint Venture. Put forward that the JV can relieve the owner from interfacial administrative work, reduce risk of engineering, and raise the success rate of engineering contract, improve the correctness of price and increase the opportunity of project contracting, Learn from other members, enhance technology and management and make full use of idle resources

  12. Venture Capital and Cleantech: The wrong model for energy innovation

    International Nuclear Information System (INIS)

    Gaddy, Benjamin E.; Sivaram, Varun; Jones, Timothy B.; Wayman, Libby

    2017-01-01

    Venture capital (VC) firms spent over $25 billion funding clean energy technology (cleantech) start-ups from 2006 to 2011. Less than half of that capital was returned; as a result, funding has dried up in the cleantech sector. But as the International Energy Agency warns, without new energy technologies, the world cannot cost-effectively confront climate change. In this article, we present the most comprehensive account to date of the cleantech VC boom and bust. Our results aggregate hundreds of investments to calculate the risk and return profile of cleantech, and we compare the outcomes with those of medical and software technology investments. Cleantech posed high risks and yielded low returns to VCs. We conclude that among cleantech investments, “deep technology” investments—in companies developing new hardware, materials, chemistries, or manufacturing processes—consumed the most capital and yielded the lowest returns. We propose that broader support from policymakers, corporations, and investors is needed to underpin new innovation pathways for cleantech. - Highlights: • A venture capital boom in clean energy technology went bust in 2008. • Cleantech offered high risk and low returns to investors. • Poor performance due to long development time for materials and chemicals. • Breakthrough energy innovations are often not a match for venture capital. • More research on alternative financing and support for cleantech is needed.

  13. National Geothermal Data System (NGDS) Geothermal Data: Community Requirements and Information Engineering

    Energy Technology Data Exchange (ETDEWEB)

    Anderson, Arlene [United States Department of Energy; Blackwell, David [Southern Methodist University; Chickering, Cathy [Southern Methodist University; Boyd, Toni [Oregon Institute of Technology; Horne, Roland [Stanford University; MacKenzie, Matthew [Uberity Technology Corporation; Moore, Joseph [University of Utah; Nickull, Duane [Uberity Technology Corporation; Richard, Stephen [Arizona Geological survey; Shevenell, Lisa A. [University of Nevada, Reno

    2013-10-01

    To satisfy the critical need for geothermal data to advance geothermal energy as a viable renewable energy contender, the U.S. Department of Energy is investing in the development of the National Geothermal Data System (NGDS). This paper outlines efforts among geothermal data providers nationwide to supply cutting edge geo-informatics. NGDS geothermal data acquisition, delivery, and methodology are discussed. In particular, this paper addresses the various types of data required to effectively assess geothermal energy potential and why simple links to existing data are insufficient. To create a platform for ready access by all geothermal stakeholders, the NGDS includes a work plan that addresses data assets and resources of interest to users, a survey of data providers, data content models, and how data will be exchanged and promoted, as well as lessons learned within the geothermal community.

  14. Geothermal energy in Denmark. The Committee for Geothermal Energy of the Danish Energy Agency

    International Nuclear Information System (INIS)

    1998-06-01

    The Danish Energy Agency has prepared a report on the Danish geothermal resources and their contribution to the national energy potential.Environmental and socio-economic consequences of geothermal power systems implementation are reviewed. Organizational models and financing of geothermal-seismic research are discussed, and the Committee of the Energy Agency for Geothermal Energy recommends financing of a pilot plant as well as a prompt elucidation of concession/licensing problems. (EG)

  15. Geothermal training at the International Institute of Geothermal Research in Pisa, Italy

    International Nuclear Information System (INIS)

    Dickson, M.H.; Fanelli, M.

    1990-01-01

    Between 1985 and 1990 the International School of Geothermics of Pisa has held 5 long-term courses, attended by 93 trainees. This paper reports that since 1970, when it began its activity, the Italian geothermal training center has prepared a total of 293 goethermists from 64 countries. Under its present structure the International School of Geothermics organizes short courses and seminars, along with the long-term courses directed mainly at geothermal exploration

  16. Direct utilization of geothermal energy

    International Nuclear Information System (INIS)

    Lund, J. W.

    2010-01-01

    The worldwide application of geothermal energy for direct utilization is reviewed. This paper is based on the world update for direct-use presented at the World Geothermal Congress 2010 in Bali, Indonesia (WGC2010) which also includes material presented at three world geothermal congresses in Italy, Japan and Turkey (WGC95, WGC2000 and WGC2005). This report is based on country update papers prepared for WGC2010 and data from other sources. Final update papers were received from 70 countries of which 66 reported some direct utilization of geothermal energy for WGC2010. Twelve additional countries were added to the list based on other sources of information. The 78 countries having direct utilization of geothermal energy, is a significant increase from the 72 reported in 2005, the 58 reported in 2000, and the 28 reported in 1995. An estimate of the installed thermal power for direct utilization at the end of 2009, reported from WGC2010 is 48,493 MW th , almost a 72 % increased over the 2005 data, growing at a compound rate of 11.4% annually with a capacity factor of 0.28. The thermal energy used is 423,830 TJ/year (117,740 GWh/yr), about a 55% increase over 2005, growing at a compound rate of 9.2% annually. The distribution of thermal energy used by category is approximately 47.2% for ground-source heat pumps, 25.8% for bathing and swimming (including balneology), 14.9% for space heating (of which 85% is for district heating), 5.5% for greenhouses and open ground heating, 2.8% for industrial process heating, 2.7% for aquaculture pond and raceway heating, 0.4% for agricultural drying, 0.5% for snow melting and cooling, and 0.2% for other uses. Energy savings amounted to 250 million barrels (38 million tonnes) of equivalent oil annually, preventing 33 million tonnes of carbon and 107 million tonnes of CO 2 being released to the atmosphere which includes savings in geothermal heat pump cooling (compared to using fuel oil to generate electricity). (author)

  17. Direct Utilization of Geothermal Energy

    Directory of Open Access Journals (Sweden)

    John W. Lund

    2010-08-01

    Full Text Available The worldwide application of geothermal energy for direct utilization is reviewed. This paper is based on the world update for direct-use presented at the World Geothermal Congress 2010 in Bali, Indonesia (WGC2010 [1] which also includes material presented at three world geothermal congresses in Italy, Japan and Turkey (WGC95, WGC2000 and WGC2005. This report is based on country update papers prepared for WGC2010 and data from other sources. Final update papers were received from 70 countries of which 66 reported some direct utilization of geothermal energy for WGC2010. Twelve additional countries were added to the list based on other sources of information. The 78 countries having direct utilization of geothermal energy, is a significant increase from the 72 reported in 2005, the 58 reported in 2000, and the 28 reported in 1995. An estimate of the installed thermal power for direct utilization at the end of 2009, reported from WGC2010 is 48,493 MWt, almost a 72 % increased over the 2005 data, growing at a compound rate of 11.4% annually with a capacity factor of 0.28. The thermal energy used is 423,830 TJ/year (117,740 GWh/yr, about a 55% increase over 2005, growing at a compound rate of 9.2% annually. The distribution of thermal energy used by category is approximately 47.2% for ground-source heat pumps, 25.8% for bathing and swimming (including balneology, 14.9% for space heating (of which 85% is for district heating, 5.5% for greenhouses and open ground heating, 2.8% for industrial process heating, 2.7% for aquaculture pond and raceway heating, 0.4% for agricultural drying, 0.5% for snow melting and cooling, and 0.2% for other uses. Energy savings amounted to 250 million barrels (38 million tonnes of equivalent oil annually, preventing 33 million tonnes of carbon and 107 million tonnes of CO2 being release to the atmosphere which includes savings in geothermal heat pump cooling (compared to using fuel oil to generate electricity.

  18. The National Geothermal Energy Research Program

    Science.gov (United States)

    Green, R. J.

    1974-01-01

    The continuous demand for energy and the concern for shortages of conventional energy resources have spurred the nation to consider alternate energy resources, such as geothermal. Although significant growth in the one natural steam field located in the United States has occurred, a major effort is now needed if geothermal energy, in its several forms, is to contribute to the nation's energy supplies. From the early informal efforts of an Interagency Panel for Geothermal Energy Research, a 5-year Federal program has evolved whose objective is the rapid development of a commercial industry for the utilization of geothermal resources for electric power production and other products. The Federal program seeks to evaluate the realistic potential of geothermal energy, to support the necessary research and technology needed to demonstrate the economic and environmental feasibility of the several types of geothermal resources, and to address the legal and institutional problems concerned in the stimulation and regulation of this new industry.

  19. Non-electrical uses of geothermal energy

    Energy Technology Data Exchange (ETDEWEB)

    Barber E.; Fanelli, M.

    1977-01-01

    A comprehensive review covers the recognition of natural hot fluids in ancient times and their use for therapeutic baths; the first production of electricity from geothermal steam at Larderello, Italy, in 1904; the widespread geographical occurrence of geothermal fluids; exploration techniques; the extraction of geothermal fluids and their uses in spas, agriculture, aquaculture, domestic heating, and industrial applications; geothermal greenhouse heating world-wide; geothermal heating of animal and poultry houses, in culture of alligators and crocodiles (in Atagawa, Japan), and in fish culture; piping arrangements for district heating, and a tabulation of district heating installations world-wide; downhole exchanger systems used in Klamath Falls, Oregon, for domestic heating; industrial heating applications; and methods of disposal of geothermal fluids. Maps, diagrams, graphs, photographs, tables, and 48 references are included.

  20. Geothermal development and policy in the Philippines

    International Nuclear Information System (INIS)

    Datuin, R.; Roxas, F.

    1990-01-01

    The Philippines is the second largest geothermal energy producer in the world although its geothermal energy potential has barely been utilized. Out of an estimated total reserves of 8,000 MW, only about 11 percent or 894 MW are currently on stream for power generation. The electricity production from geothermal steam registered a growth of 8.9 percent from 1988 to 1989, one of the highest among local energy sources. During that same period, geothermal energy rated the highest capacity utilization of 67 percent compared to the average system capacity utilization of 43 percent. This paper describes both the use of geothermal energy and government policies concerning geothermal energy in the Philippines

  1. Geothermal energy for Hawaii: a prospectus

    Energy Technology Data Exchange (ETDEWEB)

    Yen, W.W.S.; Iacofano, D.S.

    1981-01-01

    An overview of geothermal development is provided for contributors and participants in the process: developers, the financial community, consultants, government officials, and the people of Hawaii. Geothermal energy is described along with the issues, programs, and initiatives examined to date. Hawaii's future options are explored. Included in appendices are: a technical glossary, legislation and regulations, a geothermal directory, and an annotated bibliography. (MHR)

  2. Geothermal energy in Italy and abroad

    International Nuclear Information System (INIS)

    Caputo di Calvisi, C.

    2001-01-01

    Geothermal systems and fields are analysed giving particular evidence to the value of the geothermal source as an important natural source of energy. The paper analyses hydrothermal systems and describes the international experimental studies on the use of geothermal reservoirs in hot rocks with geopressured and magmatic systems. Experts are optimistic as far as the use of this innovative source of energy is possible in the medium-short term [it

  3. Overview of geothermal activities in Tunisia

    International Nuclear Information System (INIS)

    Ben Dhia, H.

    1990-01-01

    For Tunisia, the oil crisis and the decrease in local energy resources gave impetus to geothermal energy for potential assessment, exploration and utilization. Research undertaken showed a country with real potentialities either by its important deep aquifers or by the relatively high values of geothermal gradient and heat flow. This paper reports that it is expected that these efforts of geothermal investigation will continue in the future

  4. Where is Argentina going in geothermal energy

    Energy Technology Data Exchange (ETDEWEB)

    Mange, J

    1977-01-01

    A brief review is given of geothermal exploration and development in Argentina. Methodical efforts to inventory the geothermal resources of the country were begun in 1974. The Commission set itself the task of locating the geothermal anomalies and then selecting particular anomalies for intensive exploration in order to confirm or discard the possibilities of exploiting the resource. The known principal anomalies are listed and the two selected for intensive exploration are indicated. (JSR)

  5. Study deep geothermal energy; Studie dypgeotermisk energi

    Energy Technology Data Exchange (ETDEWEB)

    Havellen, Vidar; Eri, Lars Sigurd; Andersen, Andreas; Tuttle, Kevin J.; Ruden, Dorottya Bartucz; Ruden, Fridtjof; Rigler, Balazs; Pascal, Christophe; Larsen, Bjoern Tore

    2012-07-01

    The study aims to analyze the potential energy with current technology, challenges, issues and opportunities for deep geothermal energy using quantitative analysis. It should especially be made to identify and investigate critical connections between geothermal potential, the size of the heating requirements and technical solutions. Examples of critical relationships may be acceptable cost of technology in relation to heating, local geothermal gradient / drilling depth / temperature levels and profitability. (eb)

  6. 1978 annual report, INEL geothermal environmental program

    Energy Technology Data Exchange (ETDEWEB)

    Spencer, S.G.; Sullivan, J.F.; Stanley, N.E.

    1979-04-01

    The objective of the Raft River Geothermal Environmental Program, in its fifth year, is to characterize the beneficial and detrimental impacts resulting from the development of moderate-temperature geothermal resources in the valley. This report summarizes the monitoring and research efforts conducted as part of this program in 1978. The results of these monitoring programs will be used to determine the mitigation efforts required to reduce long-term impacts resulting from geothermal development.

  7. An Economic Evaluation of Binary Cycle Geothermal Electricity Production

    National Research Council Canada - National Science Library

    Fitzgerald, Crissie

    2003-01-01

    .... Variables such as well flow rate, geothermal gradient and electricity prices were varied to study their influence on the economic payback period for binary cycle geothermal electricity production...

  8. Geothermal well log interpretation midterm report

    Energy Technology Data Exchange (ETDEWEB)

    Sanyal, S.K.; Wells, L.E.; Bickham, R.E.

    1979-02-01

    Reservoir types are defined according to fluid phase and temperature, lithology, geologic province, pore geometry, and salinity and fluid chemistry. Improvements are needed in lithology and porosity definition, fracture detection, and thermal evaluation for more accurate interpretation. Further efforts are directed toward improving diagnostic techniques for relating rock characteristics and log response, developing petrophysical models for geothermal systems, and developing thermal evaluation techniques. The Geothermal Well Log Interpretation study and report has concentrated only on hydrothermal geothermal reservoirs. Other geothermal reservoirs (hot dry rock, geopressured, etc.) are not considered.

  9. Geothermal progress monitor. Progress report No. 1

    Energy Technology Data Exchange (ETDEWEB)

    1979-12-01

    Progress is reported on the following: electrical uses, direct-heat uses, drilling activities, leases, geothermal loan guarantee program, general activities, and legal, institutional, and regulatory activites. (MHR)

  10. Washington: a guide to geothermal energy development

    Energy Technology Data Exchange (ETDEWEB)

    Bloomquist, R.G.; Basescu, N.; Higbee, C.; Justus, D.; Simpson, S.

    1980-06-01

    Washington's geothermal potential is discussed. The following topics are covered: exploration, drilling, utilization, legal and institutional setting, and economic factors of direct use projects. (MHR)

  11. Uncertainty analysis of geothermal energy economics

    Science.gov (United States)

    Sener, Adil Caner

    This dissertation research endeavors to explore geothermal energy economics by assessing and quantifying the uncertainties associated with the nature of geothermal energy and energy investments overall. The study introduces a stochastic geothermal cost model and a valuation approach for different geothermal power plant development scenarios. The Monte Carlo simulation technique is employed to obtain probability distributions of geothermal energy development costs and project net present values. In the study a stochastic cost model with incorporated dependence structure is defined and compared with the model where random variables are modeled as independent inputs. One of the goals of the study is to attempt to shed light on the long-standing modeling problem of dependence modeling between random input variables. The dependence between random input variables will be modeled by employing the method of copulas. The study focuses on four main types of geothermal power generation technologies and introduces a stochastic levelized cost model for each technology. Moreover, we also compare the levelized costs of natural gas combined cycle and coal-fired power plants with geothermal power plants. The input data used in the model relies on the cost data recently reported by government agencies and non-profit organizations, such as the Department of Energy, National Laboratories, California Energy Commission and Geothermal Energy Association. The second part of the study introduces the stochastic discounted cash flow valuation model for the geothermal technologies analyzed in the first phase. In this phase of the study, the Integrated Planning Model (IPM) software was used to forecast the revenue streams of geothermal assets under different price and regulation scenarios. These results are then combined to create a stochastic revenue forecast of the power plants. The uncertainties in gas prices and environmental regulations will be modeled and their potential impacts will be

  12. Geothermal energy, what technologies for what purposes?

    International Nuclear Information System (INIS)

    2008-01-01

    This book, fully illustrated and rich of concrete examples, takes stock of the different technologies implemented today to use the Earth's heat: geothermal heat pumps for domestic, tertiary and collective residential uses, geothermal district heating networks and geothermal power plants for power generation. This overview is completed by a description of the future perspectives offered by this renewable energy source in the World and in France in terms of energy independence and technological innovation: geo-cooling, hybrid systems, absorption heat pumps or stimulated geothermal systems. (J.S.)

  13. High- and middle-energy geothermics

    International Nuclear Information System (INIS)

    Anon.

    1995-01-01

    High and middle energy geothermal resources correspond to temperature intervals of 220-350 C and 90-180 C, respectively, and are both exploited for electricity production. Exploitation techniques and applications of high and of middle energy geothermics are different. High energy geothermics is encountered in active volcanic and tectonic zones, such as the circum-Pacific fire-belt, the lesser Antilles, the peri-Mediterranean Alpine chain or the African rift zone. The geothermal steam is directly expanded in a turbine protected against gas and minerals corrosion. About 350 high energy plants are distributed in more than 20 different countries and represent 6000 M We. The cost of high energy installed geothermal kWh ranges from 0.20 to 0.50 French Francs. Middle energy geothermics is encountered in sedimentary basins (between 2000 and 4000 m of depth), in localized fractured zones or at lower depth in the high energy geothermal fields. Heat exchangers with organic fluid Rankine cycle technology is used to produce electricity. Unit power of middle energy plants generally ranges from few hundreds of k W to few MW and correspond to a worldwide installed power of about 400 M We. The annual progression of geothermal installed power is estimated to 4 to 8 % in the next years and concerns principally the circum-Pacific countries. In France, geothermal resources are mainly localized in overseas departments. (J.S.). 3 photos

  14. Technology assessment of geothermal energy resource development

    Energy Technology Data Exchange (ETDEWEB)

    1975-04-15

    Geothermal state-of-the-art is described including geothermal resources, technology, and institutional, legal, and environmental considerations. The way geothermal energy may evolve in the United States is described; a series of plausible scenarios and the factors and policies which control the rate of growth of the resource are presented. The potential primary and higher order impacts of geothermal energy are explored, including effects on the economy and society, cities and dwellings, environmental, and on institutions affected by it. Numerical and methodological detail is included in appendices. (MHR)

  15. Geothermal heat; Energie aus der Tiefe. Geothermie

    Energy Technology Data Exchange (ETDEWEB)

    Urban, Karl

    2012-09-15

    The temperature in the interior of the earth increases with the depth. But for a long time, the geothermal energy only could be used at selected locations. Therefore, almost all major geothermal power plants are located at volcanic regions. The potential of the geothermal energy is not exhausted. Currently, many new power plants are developed. Although there is no volcanic activity in Germany, also some pilot plants develop the hot surface. The deep geothermal energy sometimes is difficult to be controlled. Before drilling experts rarely know how productive the subsoil is. Also, the drillings may trigger small earthquakes.

  16. Status of geothermal development in Hawaii - 1992

    International Nuclear Information System (INIS)

    Lesperance, G.O.

    1992-01-01

    Hawaii plans that geothermal will be a significant part of its energy mix to reduce its 90% dependency on imported oil for its electricity. The resource on the Big Island of Hawaii appears promising. However, the geothermal program in Hawaii continues to face stiff opposition from a few people who are determined to stop development at any cost. The efforts of geothermal developers, together with the State and County regulatory framework have inadvertently created situations that have impeded progress. However, after a 20-year effort the first increment of commercial geothermal energy is expected on line in 1992

  17. Geothermal Progress Monitor. Report No. 15

    Energy Technology Data Exchange (ETDEWEB)

    1993-12-01

    Two themes dominate this issue of the Geothermal Progress Monitor, the 15th since its inception in 1980. The first of these is the significance of the government/industry partnership role in geothermal development. This joint effort is reflected in the continued, measured growth in the use of geothermal energy, for both power generation and direct use applications, in this country and abroad, as well as in the development of new, innovative technologies to ensure a bright future for the resource. The second theme is the growing popularity of geothermal heat pumps (GHPs) among utilities, their customers, and federal agencies, all with disparate interests in the technology.

  18. Models of Geothermal Brine Chemistry

    Energy Technology Data Exchange (ETDEWEB)

    Nancy Moller Weare; John H. Weare

    2002-03-29

    Many significant expenses encountered by the geothermal energy industry are related to chemical effects. When the composition, temperature of pressure of the fluids in the geological formation are changed, during reservoir evolution, well production, energy extraction or injection processes, the fluids that were originally at equilibrium with the formation minerals come to a new equilibrium composition, temperature and pressure. As a result, solid material can be precipitated, dissolved gases released and/or heat lost. Most geothermal energy operations experience these phenomena. For some resources, they create only minor problems. For others, they can have serious results, such as major scaling or corrosion of wells and plant equipment, reservoir permeability losses and toxic gas emission, that can significantly increase the costs of energy production and sometimes lead to site abandonment. In future operations that exploit deep heat sources and low permeability reservoirs, new chemical problems involving very high T, P rock/water interactions and unknown injection effects will arise.

  19. Geothermal Heat Pump Benchmarking Report

    Energy Technology Data Exchange (ETDEWEB)

    None

    1997-01-17

    A benchmarking study was conducted on behalf of the Department of Energy to determine the critical factors in successful utility geothermal heat pump programs. A Successful program is one that has achieved significant market penetration. Successfully marketing geothermal heat pumps has presented some major challenges to the utility industry. However, select utilities have developed programs that generate significant GHP sales. This benchmarking study concludes that there are three factors critical to the success of utility GHP marking programs: (1) Top management marketing commitment; (2) An understanding of the fundamentals of marketing and business development; and (3) An aggressive competitive posture. To generate significant GHP sales, competitive market forces must by used. However, because utilities have functioned only in a regulated arena, these companies and their leaders are unschooled in competitive business practices. Therefore, a lack of experience coupled with an intrinsically non-competitive culture yields an industry environment that impedes the generation of significant GHP sales in many, but not all, utilities.

  20. Boise geothermal district heating system

    Energy Technology Data Exchange (ETDEWEB)

    Hanson, P.J.

    1985-10-01

    This document describes the Boise geothermal district heating project from preliminary feasibility studies completed in 1979 to a fully operational system by 1983. The report includes information about the two local governments that participated in the project - the City of Boise, Idaho and the Boise Warm Springs Water District. It also discusses the federal funding sources; the financial studies; the feasibility studies conducted; the general system planning and design; design of detailed system components; the legal issues involved in production; geological analysis of the resource area; distribution and disposal; the program to market system services; and the methods of retrofitting buildings to use geothermal hot water for space heating. Technically this report describes the Boise City district heating system based on 170/sup 0/F water, a 4000 gpm production system, a 41,000 foot pipeline system, and system economies. Comparable data are also provided for the Boise Warm Springs Water District. 62 figs., 31 tabs.

  1. Annotated geothermal bibliography of Utah

    Energy Technology Data Exchange (ETDEWEB)

    Budding, K.E.; Bugden, M.H. (comps.)

    1986-01-01

    The bibliography includes all the Utah geothermal references through 1984. Some 1985 citations are listed. Geological, geophysical, and tectonic maps and reports are included if they cover a high-temperature thermal area. The references are indexed geographically either under (1) United States (national studies), (2) regional - western United States or physiographic province, (3) Utah - statewide and regional, or (4) county. Reports concerning a particular hot spring or thermal area are listed under both the thermal area and the county names.

  2. Aqueous systems and geothermal energy

    International Nuclear Information System (INIS)

    Anon.

    1977-01-01

    Significant unpublished results reported include: osmotic coefficients of KCl solutions vs. molality at 109 to 201 0 C; cadmium ion diffusivities in CaCl 2 hydrous melts; a x-ray diffraction study of the uranyl complex in water; solubility of amorphous silica in aqueous NaNO 3 solutions at 100 to 300 0 C; and corrosion of carbon steel by geothermal brine

  3. Igneous-related geothermal systems

    Energy Technology Data Exchange (ETDEWEB)

    Smith, R L; Shaw, H R

    1976-01-01

    A preliminary survey of the geothermal resource base associated with igneous-derived thermal anomalies in the upper 10 km of the crust is presented. The approach to numerical estimates of igneous-related heat contents rests on estimates of the probable volumes of high-level magma chambers and determinations of the radiometric ages of the youngest volcanism from those chambers combined with simple thermal calculations based on these values. (MHR)

  4. Geothermal Direct Heat Application Potential

    Energy Technology Data Exchange (ETDEWEB)

    Lienau, Paul J

    1989-01-01

    The geothermal direct-use industry growth trends, potential, needs, and how they can be met, are addressed. Recent investigations about the current status of the industry and the identification of institutional and technical needs provide the basis on which this paper is presented. Initial drilling risk is the major obstacle to direct-use development. The applications presented include space and district heating projects, heat pumps (heating and cooling), industrial processes, resorts and pools, aquaculture and agriculture.

  5. What is geothermal steam worth?

    International Nuclear Information System (INIS)

    Thorhallsson, S.; Ragnarsson, A.

    1992-01-01

    Geothermal steam is obtained from high-temperature boreholes, either directly from the reservoir or by flashing. The value of geothermal steam is similar to that of steam produced in boilers and lies in its ability to do work in heat engines such as turbines and to supply heat for a wide range of uses. In isolated cases the steam can be used as a source of chemicals, for example the production of carbon dioxide. Once the saturated steam has been separated from the water, it can be transported without further treatment to the end user. There are several constraints on its use set by the temperature of the reservoir and the chemical composition of the reservoir fluid. These constraints are described (temperature of steam, scaling in water phase, gas content of steam, well output) as are the methods that have been adopted to utilize this source of energy successfully. Steam can only be transported over relatively short distances (a few km) and thus has to be used close to the source. Examples are given of the pressure drop and sizing of steam mains for pipelines. The path of the steam from the reservoir to the end user is traced and typical cost figures given for each part of the system. The production cost of geothermal steam is estimated and its sensitivity to site-specific conditions discussed. Optimum energy recovery and efficiency is important as is optimizing costs. The paper will treat the steam supply system as a whole, from the reservoir to the end user, and give examples of how the site-specific conditions and system design have an influence on what geothermal steam is worth from the technical and economic points of view

  6. Federal reservation of geothermal resources

    Energy Technology Data Exchange (ETDEWEB)

    Silver, R.M.

    1978-01-01

    Union Oil had developed or was seeking to develop wells on the land in Sonoma County, California in order to produce geothermal steam for generating electricity. The US Attorney General brought a quiet title action pursuant to 21(b) of the Geothermal Steam Act of 1970 to determine whether geothermal resources are included in the mineral reservation under the Homestead Act. The US District Court granted Union Oil's motion to dismiss for failure to state a claim upon which relief may be granted. On appeal, the Ninth Circuit reversed and remanded. In summary, the court concluded on the basis of the legislative history of the Stock-Raising Homestead Act that sources of energy are intended to remain in the government's possession, and the purposes of the Act will be best served by including geothermal resources in the reservation of mineral interests. Noting the strictly agricultural purpose of the Act, the subsurface estate reservation was broadly interpreted, even though title passed to all rights that were not expressly reserved. The court left open on remand the question of estoppel of the government from interfering with private lessees by developing subsurface resources compensation.This is a unique and intriguing decision, as it opens wide the definition of ''mineral interest,'' construing it in the timely terms of a valuable natural resource that may be in great demand for future energy needs. The decision is being appealed to the United States Supreme Court, and it will be interesting to observe whether this liberal interpretation of mineral interests will be upheld.

  7. The geopressured-geothermal resource

    International Nuclear Information System (INIS)

    Wys, J.N.; Dorfman, M.

    1990-01-01

    This paper reports that the Geopressured-Geothermal resource has an estimated 5,700 recoverable quad of gas and 11,000 recoverable quad of thermal energy in the onshore Texas and Louisiana Gulf Coasts area alone. After 15 years the program is now beginning a transition to commercialization. The program presently has three geopressured-geothermal wells in Texas and Louisiana. The Pleasant Bayou Well has a 1 MWe hybrid power system converting some gas and the thermal energy to electricity. The Gladys McCall Well produced over 23 MM bbls brine with 23 scf per bbl over 4 1/2 years. It is now shut-in building up pressure. The deep Hulin Well has been cleaned out and short term flow tested. It is on standby awaiting funds for long-term flow testing. In January 1990 an Industrial Consortium for the Utilization of the Geopressured-Geothermal Resource was convened at Rice University, Houston, TX. Sixty-five participants heard industry cost-shared proposals for using the hot geopressured brine. Proposals ranged from thermal enhanced oil recovery to aquaculture, conversion, and environmental clean up processes. By the September meeting at UTA-Balcones Research Center, industry approved charters will have been received, an Advisory Board will be appointed, and election of officers from industry will he held

  8. Klamath Falls geothermal field, Oregon

    Energy Technology Data Exchange (ETDEWEB)

    Lienau, P.J.; Culver, G.; Lund, J.W.

    1989-09-01

    Klamath Falls, Oregon, is located in a Known Geothermal Resource Area which has been used by residents, principally to obtain geothermal fluids for space heating, at least since the turn of the century. Over 500 shallow-depth wells ranging from 90 to 2,000 ft (27 to 610 m) in depth are used to heat (35 MWt) over 600 structures. This utilization includes the heating of homes, apartments, schools, commercial buildings, hospital, county jail, YMCA, and swimming pools by individual wells and three district heating systems. Geothermal well temperatures range from 100 to 230{degree}F (38 to 110{degree}C) and the most common practice is to use downhole heat exchangers with city water as the circulating fluid. Larger facilities and district heating systems use lineshaft vertical turbine pumps and plate heat exchangers. Well water chemistry indicates approximately 800 ppM dissolved solids, with sodium sulfate having the highest concentration. Some scaling and corrosion does occur on the downhole heat exchangers (black iron pipe) and on heating systems where the geo-fluid is used directly. 73 refs., 49 figs., 6 tabs.

  9. Value contributions of the venture capitalist in Mexico: building an exit for the investment

    Directory of Open Access Journals (Sweden)

    Enrique Wiencke

    2017-10-01

    Full Text Available Venture capitalists provide money and non-monetary contributions to high-growth ventures to help them become great companies. Although it is known that these contributions have an impact on the growth of the firm, little is known in Mexico of their nature, how they get into the venture, and how they contribute to the development of the company. The present article reports a proposed substantive theory that explains how the venture capitalist work hand in hand with the entrepreneur to grow the company. This substantive theory emerged from data collected through interviews to nine venture capitalists and nine entrepreneurs, and analyzed as proposed by the grounded theory methodology. The resulting substantive theory acknowledges that contributions of venture capitalists, often called value-added, are relative to building an exit for the investment.

  10. The relationship between venture capital investment and macro economic variables via statistical computation method

    Science.gov (United States)

    Aygunes, Gunes

    2017-07-01

    The objective of this paper is to survey and determine the macroeconomic factors affecting the level of venture capital (VC) investments in a country. The literary depends on venture capitalists' quality and countries' venture capital investments. The aim of this paper is to give relationship between venture capital investment and macro economic variables via statistical computation method. We investigate the countries and macro economic variables. By using statistical computation method, we derive correlation between venture capital investments and macro economic variables. According to method of logistic regression model (logit regression or logit model), macro economic variables are correlated with each other in three group. Venture capitalists regard correlations as a indicator. Finally, we give correlation matrix of our results.

  11. The Internationalization Process of International New Ventures: The Case of Skype

    OpenAIRE

    Chan, Cheuk-Hay

    2007-01-01

    Past literature has emphasized on large, long-established multinational enterprises (MNEs) in international business. However, the emerging phenomenon of international new ventures has attracted much attention due to their distinctive internationalization processes. Skype Technologies S.A. is one of these international new ventures with comparable characteristics, albeit it has shown differences compared with the typical international new ventures. This research aims to compare and contrast t...

  12. The significance of psychology and environment dimensions for Malaysian Muslim women entrepreneurships venturing

    OpenAIRE

    Norudin bin Mansor; Azman Bin Che Mat

    2010-01-01

    The decision to venture into business is relatively differ from each entrepreneur. Some are attracted to the pulling factors while others may be geared based on pushing factors. However the significant of the venturing success are believed to be as a result of inner psychological drive that mobilized their energy to venture into business related sectors. Thus this paper attempts to empirically discuss the effect of psychological and environmental factors in encouraging women to be in business...

  13. Skill vs. Luck in Entrepreneurship and Venture Capital: Evidence from Serial Entrepreneurs

    OpenAIRE

    Paul Gompers; Anna Kovner; Josh Lerner; David Scharfstein

    2006-01-01

    This paper argues that a large component of success in entrepreneurship and venture capital can be attributed to skill. We show that entrepreneurs with a track record of success are more likely to succeed than first time entrepreneurs and those who have previously failed. Funding by more experienced venture capital firms enhances the chance of success, but only for entrepreneurs without a successful track record. Similarly, more experienced venture capitalists are able to identify and invest ...

  14. Multistage Effort and the Equity Structure of Venture Investment Based on Reciprocity Motivation

    OpenAIRE

    Ding, Chuan; Chen, Jiacheng; Liu, Xin; Zheng, Junjun

    2015-01-01

    For venture capitals, it is a long process from an entry to its exit. In this paper, the activity of venture investment will be divided into multistages. And, according to the effort level entrepreneurs will choose, the venture capitalists will provide an equity structure at the very beginning. As a benchmark for comparison, we will establish two game models on multistage investment under perfect rationality: a cooperative game model and a noncooperative one. Further, as a cause of pervasive ...

  15. The Entrepreneur's Mode of Entry: Business Takeover or New Venture Start?

    OpenAIRE

    Simon C. Parker; C. Mirjam van Praag

    2006-01-01

    We analyse the decision to become an entrepreneur by either taking over an established business or starting a new venture from scratch. A model is developed which predicts how several individual- and firm-specific characteristics influence entrepreneurs' entry mode. The new venture creation mode is associated with higher levels of schooling and wealth, whereas managerial experience, new venture start-up capital requirements and risk promote the takeover mode. Entrepreneurs whose parents run a...

  16. Cost Accounting of Venture Company Depending on the Stage of Its Life Cycle

    OpenAIRE

    Olha Usatenko

    2015-01-01

    The purpose of the article is to identify groups of costs that are inherent in life-cycle stages of venture companies and which directly are the objects of accounting. The author distinguishes stages of the life cycle of the venture company with an indication of the degree of risk and the need for venture capital, which determine the accounting tasks required to reflect it. The model of lifecycle accounting of venture company is grounded. The conventional range of expected return on the inves...

  17. The Impact of Institutional Settings on Learning Behavior by Venture Capitalists and Start-Ups

    DEFF Research Database (Denmark)

    Gatti, Anna; Vendelø, Morten Thanning

    2005-01-01

    differen-ces in local institutional settings affect learning and adaptation by European venture ca-pitalists and start-ups, and thus, affect the processes of field formation. For example, it has been observed that institutional settings can facilitate or discourage learning from direct experience (Herriot...... is to understand if and how US venture capitalism affect the evolvement of venture capitalism in Europe. We study the emergence of a venture capitalist industry in Denmark and Italy, and thus, by selecting two countries with distinctive differences in cultures and institutions, we study learning and adaptation...

  18. THE IMPROVEMENT OF THE CONCEPT OF THE EFFICIENCY OF VENTURE BUSINESS'S ATTRACTION

    Directory of Open Access Journals (Sweden)

    А. Cherednik

    2017-08-01

    Full Text Available The concept of the efficiency of venture business’s attraction was improved in the article. The theoretical foundations of venture business’s concept were explored, four approaches to venture business’s understanding were singled out, and its own definition which fully reflects the essence was developed in the investigation. The author examines the existing approaches to the concepts of effect and efficiency and revealed that efficiency is the ratio of the effect obtained to the costs incurred to achieve it. Also, the author developed the concept of effectiveness of venture business’s attraction.

  19. Provider-sponsored HMOs: make, buy, or joint venture?

    Science.gov (United States)

    Clay, S B

    1997-03-01

    Providers can sponsor their own HMOs in one of three ways: by creating their own HMO, by joint venturing with an existing HMO, or by purchasing an existing HMO. When selecting the best option, providers must consider various market conditions. Managed care penetration in the area, potential competitive responses of existing HMOs, market demand, provider reputation, and provider marketing ability will all influence the feasibility of each option. Providers also must examine their own organizational identity, their ability to raise the necessary capital to start an HMO, their managed care expertise and risk contracting experience, and their information systems capabilities.

  20. New ventures require accurate risk analyses and adjustments.

    Science.gov (United States)

    Eastaugh, S R

    2000-01-01

    For new business ventures to succeed, healthcare executives need to conduct robust risk analyses and develop new approaches to balance risk and return. Risk analysis involves examination of objective risks and harder-to-quantify subjective risks. Mathematical principles applied to investment portfolios also can be applied to a portfolio of departments or strategic business units within an organization. The ideal business investment would have a high expected return and a low standard deviation. Nonetheless, both conservative and speculative strategies should be considered in determining an organization's optimal service line and helping the organization manage risk.

  1. A business man views commercial ventures in space.

    Science.gov (United States)

    Scarff, D. D.; Bloom, H. L.

    1973-01-01

    Paper reviews technical, resource planning and marketing steps an industrial organization must perform in arriving at a decision to undertake space development and production of commercial products or services for Users on the ground. Technical elements are supported by particular examples. Analysis of required resources emphasizes facility and financial inter-relationships between commercial organizations and NASA. Marketing planning covers elements of profitability. Paper addresses questions related to protection of corporate stockholders and public interest, investment decision timing, budget variations. Paper concludes with observations on timeliness of planning shuttle-based commercial ventures and on key industry/NASA problems and decisions.

  2. Joint-venture proposals strengthen hospital-physician relationship.

    Science.gov (United States)

    Rovinsky, M

    2000-12-01

    By proposing the joint-venture development of an ambulatory surgery center and medical office space with a group practice, one hospital succeeded in enhancing its relationship with the practice and paved the way for future collaboration. Although the hospital's proposal to jointly develop an ambulatory surgery center was not accepted, the hospital was able to dissuade the group practice from developing a competing ambulatory surgery facility while increasing the group's trust in and loyalty to the hospital. As a result, the hospital potentially will benefit from increased inpatient admissions.

  3. Companies investments on Private Equity/Venture Capital market

    Directory of Open Access Journals (Sweden)

    Zbigniew Drewniak

    2009-12-01

    Full Text Available One of the investors on Private Equity/Venture Capital market are corporations. The share of companies in total funds raised by PE/VC funds is still on the very low level. Beside indirect investments, companies invest directly, creating special entities in one corporate structure. Capital gains are one of the advantages of these investments for companies. However, the companies have also other purposes like the acquirement and the development of new technologies, as well as the transfer of knowledge. The participation of PE/VC fund in the investment process results in the support for company expansion and the creation of company value.

  4. Fifteenth workshop on geothermal reservoir engineering: Proceedings

    Energy Technology Data Exchange (ETDEWEB)

    1990-01-01

    The Fifteenth Workshop on Geothermal Reservoir Engineering was held at Stanford University on January 23--25, 1990. Major topics included: DOE's geothermal research and development program, well testing, field studies, geosciences, geysers, reinjection, tracers, geochemistry, and modeling.

  5. Geothermal Energy Potential in Western United States

    Science.gov (United States)

    Pryde, Philip R.

    1977-01-01

    Reviews types of geothermal energy sources in the western states, including hot brine systems and dry steam systems. Conversion to electrical energy is a major potential use of geothermal energy, although it creates environmental disruptions such as noise, corrosion, and scaling of equipment. (AV)

  6. Careers in Geothermal Energy: Power from below

    Science.gov (United States)

    Liming, Drew

    2013-01-01

    In the search for new energy resources, scientists have discovered ways to use the Earth itself as a valuable source of power. Geothermal power plants use the Earth's natural underground heat to provide clean, renewable energy. The geothermal energy industry has expanded rapidly in recent years as interest in renewable energy has grown. In 2011,…

  7. Assessment of Geothermal Data Resources and Requirements

    Energy Technology Data Exchange (ETDEWEB)

    none,

    2008-09-01

    This paper is a review of Geothermal Technologies Program activities and archives related to data collection and analysis. It includes an assessment of the current state of geothermal data, future program and stakeholder data needs, existence of and access to critical data, and high-level direction and prioritization of next steps to meet the Program’s data needs.

  8. Honey Lake Geothermal Project, Lassen County, California

    Science.gov (United States)

    1984-11-01

    The drilling, completion, and testing of deep well WEN-2 for a hybrid electric power project which will use the area's moderate temperature geothermal fluids and locally procured wood fuel is reported. The project is located within the Wendel-Amedee Known Geothermal Resource Area.

  9. Geothermal progress monitor: Report Number 19

    International Nuclear Information System (INIS)

    1997-12-01

    Short articles are presented related to activities in the federal government and the geothermal industry, international developments, state and local government activities, technology development, and technology transfer. Power plant tables and a directory of organizations involved in geothermal resource development are included

  10. Geothermal progress monitor. Progress report No. 4

    Energy Technology Data Exchange (ETDEWEB)

    1980-09-01

    The following are included: geothermal power plants proposed and on-line; direct heat applications proposed and operational; trends in drilling activities; exploration; leases; outreach and technical assistance; feasibility studies and application demonstrations; geothermal loan guaranty program; research and development activities; legal, institutional, and regulatory activities; environmental activities; reports and publications; and a directory. (MHR)

  11. Missing a trick in geothermal exploration

    Science.gov (United States)

    Younger, Paul L.

    2014-07-01

    Expansion of geothermal energy use across the globe is restricted by out-of-date prejudices. It is time for geothermal exploration to be extended to a broader range of environments and rejuvenated with the latest insights from relevant geoscience disciplines.

  12. Seismic characterisation for geothermal energy prospecting

    NARCIS (Netherlands)

    Huck, A.; Groot, P. de; Simmelink, E.; Vandeweijer, V.P.; Willemsen, A.

    2009-01-01

    The city of The Hague intends to use geothermal energy to heat approx. 4000 houses in a planned urban development area called The Hague South-West. This paper describes the application of advanced seismic interpretation workflows to help positioning a geothermal doublet consisting of one injector -

  13. Environmental overview of geothermal development: northern Nevada

    Energy Technology Data Exchange (ETDEWEB)

    Slemmons, D.B.; Stroh, J.M.; Whitney, R.A. (eds.)

    1980-08-01

    Regional environmental problems and issues associated with geothermal development in northern Nevada are studied to facilitate environmental assessment of potential geothermal resources. The various issues discussed are: environmental geology, seismicity of northern Nevada, hydrology and water quality, air quality, Nevada ecosystems, noise effects, socio-economic impacts, and cultural resources and archeological values. (MHR)

  14. Update of geothermal energy development in Greece

    International Nuclear Information System (INIS)

    Koutroupis, N.

    1992-01-01

    Following the completion of the Geothermal Reconnaissance Study in Greece and the successful drilling of seven deep geothermal wells in the Aegean islands of Milos and Nisyros, PPC started the first step towards geothermal development for electricity production as follows: A geothermal electric pilot plant of 2 MW e nominal capacity was installed on the Zephyria plain in Milos island (1985). During a nine month operation of the plant, problems connected with its long term operation were solved (hot reinjection of the high salinity brine, turbine washing etc). A feasibility study regarding exploitation of the Nisyros geothermal resources was completed and PPC connected Nisyros island electrically to Kos island via submarine cables. As consequence of the reaction against geothermal development by the people of Milos in early 1989, the power plant is still out of operation and the feasibility study planned for Milos has been postponed. For similar reasons the Nisyros drilling contract for five new geothermal deep wells has not come into force as yet. This paper summarizes the main PPC geothermal activities to date, the problems caused by the reactions of the Milos and Nisyros population and the relevant PPC countermeasures, as well as outlining the PPC development program for the near future

  15. Geothermal Progress Monitor report No. 11

    Energy Technology Data Exchange (ETDEWEB)

    1989-12-01

    This issue of the Geothermal Progress Monitor (GPM) is the 11th since the inception of the publication in 1980. It continues to synthesize information on all aspects of geothermal development in this country and abroad to permit identification and quantification of trends in the use of this energy technology. In addition, the GPM is a mechanism for transferring current information on geothermal technology development to the private sector, and, over time, provides a historical record for those interested in the development pathway of the resource. In sum, the Department of Energy makes the GPM available to the many diverse interests that make up the geothermal community for the multiple uses it may serve. This issue of the GPM points up very clearly how closely knit many of those diverse interests have become. It might well be called an international issue'' since many of its pages are devoted to news of geothermal development abroad, to the efforts of the US industry to participate in overseas development, to the support given those efforts by federal and state agencies, and to the formation of the International Geothermal Association (IGA). All of these events indicate that the geothermal community has become truly international in character, an occurrence that can only enhance the future of geothermal energy as a major source of energy supply worldwide. 15 figs.

  16. Geothermal Cogeneration: Iceland's Nesjavellir Power Plant

    Science.gov (United States)

    Rosen, Edward M.

    2008-01-01

    Energy use in Iceland (population 283,000) is higher per capita than in any other country in the world. Some 53.2% of the energy is geothermal, which supplies electricity as well as heated water to swimming pools, fish farms, snow melting, greenhouses, and space heating. The Nesjavellir Power Plant is a major geothermal facility, supplying both…

  17. Geothermal progress monitor: Report Number 19

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-12-01

    Short articles are presented related to activities in the federal government and the geothermal industry, international developments, state and local government activities, technology development, and technology transfer. Power plant tables and a directory of organizations involved in geothermal resource development are included.

  18. Preservation of Microbial Lipids in Geothermal Sinters

    NARCIS (Netherlands)

    Kaur, G.; Mountain, B.W.; Hopmans, E.C.; Pancost, R.D.

    2011-01-01

    Lipid biomarkers are widely used to study the earliest life on Earth and have been invoked as potential astrobiological markers, but few studies have assessed their survival and persistence in geothermal settings. Here, we investigate lipid preservation in active and inactive geothermal silica

  19. Electric utility companies and geothermal power

    Science.gov (United States)

    Pivirotto, D. S.

    1976-01-01

    The requirements of the electric utility industry as the primary potential market for geothermal energy are analyzed, based on a series of structured interviews with utility companies and financial institution executives. The interviews were designed to determine what information and technologies would be required before utilities would make investment decisions in favor of geothermal energy, the time frame in which the information and technologies would have to be available, and the influence of the governmental politics. The paper describes the geothermal resources, electric utility industry, its structure, the forces influencing utility companies, and their relationship to geothermal energy. A strategy for federal stimulation of utility investment in geothermal energy is suggested. Possibilities are discussed for stimulating utility investment through financial incentives, amelioration of institutional barriers, and technological improvements.

  20. Geothermal rice drying unit in Kotchany, Macedonia

    International Nuclear Information System (INIS)

    Popovski, K.; Dimitrov, K.; Andrejevski, B.; Popovska, S.

    1992-01-01

    A geothermal field in Kotchany (Macedonia) has very advantageous characteristics for direct application purposes. Low content of minerals, moderate temperature (78C) and substantial available geothermal water flow (up to 300 1/s) enabled the establishment of a district heating scheme comprising mainly agricultural and industrial uses. A rice drying unit of 10 t/h capacity was installed 8 years ago, using the geothermal water as the primary heat source. A temperature drop of 75/50C enables the adaptation of conventional drying technology, already proven in practice in the surrounding rice growing region. Water to air heat exchanger and all necessary equipment and materials are of local production, made of copper and carbon steel. The use of such drying units is strongly recommended for the concrete district heating scheme because it offers a very simple geothermal application and enables improvement in the annual heating load factor without high investments in geothermal water distribution lines

  1. Status of geothermal resources in Mexico

    International Nuclear Information System (INIS)

    Le-Bert, G.

    1990-01-01

    Except for some isolated instances with tourist or therapeutic objectives and some attempts in the Cerro Prieto geothermal field, there are no projects for direct heat utilization of geothermal resources in Mexico. Therefore, all places that are studied are studied with geothermal-electric objectives. It is convenient to keep in mind that in Mexico, by law, the Comision Federal de Electricidad (CFE) is the public utility in charge of electrical energy service. This institution is directly responsible for the exploration, development and commercial use of geothermal energy for electrical generation. Therefore, this paper includes the present and planned exploration and utilization of geothermal resources only for electricity generation for the period 1985 to the present. Likewise, starting 5 years ago, the CFE efforts have been directed toward the development of high enthalpy fields

  2. Geothermal energy: the earth, source of heat and electric power

    International Nuclear Information System (INIS)

    Lenoir, D.

    2005-01-01

    This document provides information on the geothermal energy. It presents the different types of geothermal deposits (very low, low and medium energy geothermal energy), the french deposits and the heat production. The electric power production from the geothermal energy is also discussed with the example of Soultz-sous-Forets. The last part deals with the heat pumps. (A.L.B.)

  3. Federal Geothermal Research Program Update, FY 2000

    Energy Technology Data Exchange (ETDEWEB)

    Renner, Joel Lawrence

    2001-08-01

    The Department of Energy's Geothermal Program serves two broad purposes: 1) to assist industry in overcoming near-term barriers by conducting cost-shared research and field verification that allows geothermal energy to compete in today's aggressive energy markets; and 2) to undertake fundamental research with potentially large economic payoffs. The four categories of work used to distinguish the research activities of the Geothermal Program during FY 2000 reflect the main components of real-world geothermal projects. These categories form the main sections of the project descriptions in this Research Update. Exploration Technology research focuses on developing instruments and techniques to discover hidden hydrothermal systems and to explore the deep portions of known systems. Research in geophysical and geochemical methods is expected to yield increased knowledge of hidden geothermal systems. Reservoir Technology research combines laboratory and analytical investigations with equipment development and field testing to establish practical tools for resource development and management for both hydrothermal reservoirs and enhanced geothermal systems. Research in various reservoir analysis techniques is generating a wide range of information that facilitates development of improved reservoir management tools. Drilling Technology focuses on developing improved, economic drilling and completion technology for geothermal wells. Ongoing research to avert lost circulation episodes in geothermal drilling is yielding positive results. Conversion Technology research focuses on reducing costs and improving binary conversion cycle efficiency, to permit greater use of the more abundant moderate-temperature geothermal resource, and on the development of materials that will improve the operating characteristics of many types of geothermal energy equipment. Increased output and improved performance of binary cycles will result from investigations in heat cycle research.

  4. Determinants of Success in Private Equity-Venture Capital Investments

    Directory of Open Access Journals (Sweden)

    Antonio Gledson de Carvalho

    2011-06-01

    Full Text Available This paper investigates the determinants of performance of the investments of private equity and venture capital (PEVC funds in Brazil. We use two unique databases: the First Brazilian Private Equity and Venture Capital Census and the Guia-GVcepe Endeavor, with information on this industry for the period 1999 to 2007. As measures of performance we use the percentage and number of exits through IPO, acquisition by a company or by another investor. Our results indicate that the factors influencing the performance of investments are: size of the fund, number of investments, the practice of co-investment, experience and foreign origin of the managing organization, focus on late stage, intensity of contact between managers and portfolio companies and the number of seats on the boards of the invested companies. The number of successes grows with the number of investments at a declining rate. This can indicate 1 a limit to the ability of managers or 2 that a large number of investments allows for greater diversification of risk, directing investments to companies of high risk but with a high upside.

  5. A Comparative Analysis of Polish and Czech International New Ventures

    Directory of Open Access Journals (Sweden)

    Lidia Danik

    2016-06-01

    Full Text Available The goal of this paper is to compare the characteristics of Polish and Czech companies which follow the Born Global internationalization model. More concretely, the analysis aims to discover the differences or similarities in terms of the internationalization paths of Polish and Czech SMEs in the characteristics of their managers in terms of the so-called “international vision” and in their innovativeness level. The introductory part of article provides a description of this internationalization model and the International New Ventures traits (INV and summarizes the recent studies on this topic conducted in Poland and Czech Republic. In the empirical part, the International New Ventures from the two countries are compared. The Polish sample includes 105 companies which were surveyed with use of computer assisted telephone interviews in autumn 2014. For the Czech Republic, the sample consists of 54 small and medium-sized companies, which were surveyed using the computer assisted web interviews from November 2013 till January 2014. The surveyed companies in both countries fulfilled the definition of Born Globals. Descriptive statistics, cross-tabulation analysis and non-parametric tests are applied to accomplish the goals of the paper.

  6. Joint ventures e a política antitruste brasileira

    Directory of Open Access Journals (Sweden)

    Ana Paula Avellar

    2012-12-01

    Full Text Available As políticas de defesa da concorrência integram atualmente o conjunto fundamental de instituições necessárias à promoção do crescimento e a busca das sociedades por arranjos mais eficientes. O presente trabalho tem como objetivo realizar uma análise da política antitruste brasileira concentrando-se no tratamento dado pelas autoridades à constituição de joint ventures. Na realização dessa tarefa, foram feitas revisões teóricas, constatações acerca dos procedimentos de autoridades internacionais sobre o assunto e um estudo empírico abordando casos julgados no Brasil entre os anos de 2002 e 2010. O resultado encontrado revela a inexistência de normatização específica para o tratamento das joint ventures no Brasil, culminando, assim, em uma relativa discricionariedade por parte dos órgãos do SBDC na análise desses atos.

  7. Coherence between harvest and habitat management -- Joint venture perspectives

    Science.gov (United States)

    Baxter, C.K.; Nelson, J.W.; Reinecke, K.J.; Stephens, S.E.

    2006-01-01

    Introduction: In recent months, an ad hoc group of waterfowl scientists, representing the International Association of Fish and Wildlife Agencies (IAFWA) Adaptive Harvest Management (ARM) Task Force and the North American Waterfowl Management Plan (NAWMP) Committee, have collaborated as a Joint Task Group (JTG) to assess options for unifying the population goals guiding waterfowl harvest management and habitat management. The JTG has been charged with bringing coherence to the population goals of the two programs. Characterizing the problem as one of coherence indicates value judgments exist regarding its significance or perhaps existence. For purposes of this paper, we characterize the lack of coherence as the absence of consistent population goals in the two related components of waterfowl conservation habitat and harvest management. Our purpose is to support continued dialogue on the respective goals of these programs and the possible implications of discordant goals to habitat joint ventures. Our objectives are two-fold: (1) illustrate how NAWMP habitat management goals and strategies have been interpreted and pursued in both breeding and wintering areas, and (2) provide perspectives on the linkages between regional habitat management programs and harvest management. The Lower Mississippi Valley and the Prairie Pothole joint ventures (LMVJV and PPJV, respectively) will be used as examples.

  8. Malaysian group looks to invest in China petchems venture

    International Nuclear Information System (INIS)

    Alperowicz, N.

    1992-01-01

    The Kuok Group, owned by Malaysian tycoon Robert Kuok, has emerged as the latest potential investor in a petrochemicals joint venture in China. The group, which has assets including the Shangri-La chain of hotels and several urea formaldehyde plants in Malaysia and Singapore, has signed a memorandum of understanding with the local authorities of Beihai, Guangxi province to study a $3-billion refinery and petrochemicals complex. Beihai, in coastal southwestern China, is near the Vietnam border. The project, understood to be in the preliminary scoping phase, would include a 100,000-bbl/day refinery and a world-scale 450,000-m.t./year cracker that would feed a 450,000-m.t./year polyethylene unit. To make the operation competitive, the group is considering building an ethylene cracker and looking for a cheap source of natural gas. It is understood that an undisclosed Western company has joined forces in the joint venture, which is not one of the 14 petrochemicals complexes currently planned in China. Kuok, who has good contacts in China and has just agreed to develop a commercial complex in Shanghai's Zhabei district, has been approached by the Beihai authorities. Beihai, an economic development zone, would like its own refinery. The closest one is in Maoming. A decision is expected by the end of then year

  9. Malaysian group looks to invest in China petchems venture

    Energy Technology Data Exchange (ETDEWEB)

    Alperowicz, N.

    1992-11-25

    The Kuok Group, owned by Malaysian tycoon Robert Kuok, has emerged as the latest potential investor in a petrochemicals joint venture in China. The group, which has assets including the Shangri-La chain of hotels and several urea formaldehyde plants in Malaysia and Singapore, has signed a memorandum of understanding with the local authorities of Beihai, Guangxi province to study a $3-billion refinery and petrochemicals complex. Beihai, in coastal southwestern China, is near the Vietnam border. The project, understood to be in the preliminary scoping phase, would include a 100,000-bbl/day refinery and a world-scale 450,000-m.t./year cracker that would feed a 450,000-m.t./year polyethylene unit. To make the operation competitive, the group is considering building an ethylene cracker and looking for a cheap source of natural gas. It is understood that an undisclosed Western company has joined forces in the joint venture, which is not one of the 14 petrochemicals complexes currently planned in China. Kuok, who has good contacts in China and has just agreed to develop a commercial complex in Shanghai's Zhabei district, has been approached by the Beihai authorities. Beihai, an economic development zone, would like its own refinery. The closest one is in Maoming. A decision is expected by the end of then year.

  10. The increased risk of joint venture promotes social cooperation.

    Directory of Open Access Journals (Sweden)

    Te Wu

    Full Text Available The joint venture of many members is common both in animal world and human society. In these public enterprizes, highly cooperative groups are more likely to while low cooperative groups are still possible but not probable to succeed. Existent literature mostly focuses on the traditional public goods game, in which cooperators create public wealth unconditionally and benefit all group members unbiasedly. We here institute a model addressing this public goods dilemma with incorporating the public resource foraging failure risk. Risk-averse individuals tend to lead a autarkic life, while risk-preferential ones tend to participate in the risky public goods game. For participants, group's success relies on its cooperativeness, with increasing contribution leading to increasing success likelihood. We introduce a function with one tunable parameter to describe the risk removal pattern and study in detail three representative classes. Analytical results show that the widely replicated population dynamics of cyclical dominance of loner, cooperator and defector disappear, while most of the time loners act as savors while eventually they also disappear. Depending on the way that group's success relies on its cooperativeness, either cooperators pervade the entire population or they coexist with defectors. Even in the later case, cooperators still hold salient superiority in number as some defectors also survive by parasitizing. The harder the joint venture succeeds, the higher level of cooperation once cooperators can win the evolutionary race. Our work may enrich the literature concerning the risky public goods games.

  11. The increased risk of joint venture promotes social cooperation.

    Science.gov (United States)

    Wu, Te; Fu, Feng; Zhang, Yanling; Wang, Long

    2013-01-01

    The joint venture of many members is common both in animal world and human society. In these public enterprizes, highly cooperative groups are more likely to while low cooperative groups are still possible but not probable to succeed. Existent literature mostly focuses on the traditional public goods game, in which cooperators create public wealth unconditionally and benefit all group members unbiasedly. We here institute a model addressing this public goods dilemma with incorporating the public resource foraging failure risk. Risk-averse individuals tend to lead a autarkic life, while risk-preferential ones tend to participate in the risky public goods game. For participants, group's success relies on its cooperativeness, with increasing contribution leading to increasing success likelihood. We introduce a function with one tunable parameter to describe the risk removal pattern and study in detail three representative classes. Analytical results show that the widely replicated population dynamics of cyclical dominance of loner, cooperator and defector disappear, while most of the time loners act as savors while eventually they also disappear. Depending on the way that group's success relies on its cooperativeness, either cooperators pervade the entire population or they coexist with defectors. Even in the later case, cooperators still hold salient superiority in number as some defectors also survive by parasitizing. The harder the joint venture succeeds, the higher level of cooperation once cooperators can win the evolutionary race. Our work may enrich the literature concerning the risky public goods games.

  12. Colorado State Capitol Geothermal project

    Energy Technology Data Exchange (ETDEWEB)

    Shepherd, Lance [Colorado Department of Personnel and Adminstration, Denver, CO (United States)

    2016-04-29

    Colorado State Capitol Geothermal Project - Final report is redacted due to space constraints. This project was an innovative large-scale ground-source heat pump (GSHP) project at the Colorado State Capitol in Denver, Colorado. The project employed two large wells on the property. One for pulling water from the aquifer, and another for returning the water to the aquifer, after performing the heat exchange. The two wells can work in either direction. Heat extracted/added to the water via a heat exchanger is used to perform space conditioning in the building.

  13. A case study of radial jetting technology for enhancing geothermal energy systems at Klaipeda geothermal demonstration plant

    NARCIS (Netherlands)

    Nair, R.; Peters, E.; Sliaupa, S.; Valickas, R.; Petrauskas, S.

    2017-01-01

    In 1996 a geothermal energy project was initiated at Klaipėda, Lithuania, to demonstrate the feasibility of using low enthalpy geothermal water as a renewable energy resource in district heating systems. The Klaipėda geothermal plant is situated within the West Lithuanian geothermal anomaly with a

  14. Federal Geothermal Research Program Update - Fiscal Year 2001

    Energy Technology Data Exchange (ETDEWEB)

    Laney, P.T.

    2002-08-31

    This Federal Geothermal Program Research Update reviews the specific objectives, status, and accomplishments of DOE's Geothermal Program for Federal Fiscal Year (FY) 2001. The information contained in this Research Update illustrates how the mission and goals of the Office of Geothermal Technologies are reflected in each R&D activity. The Geothermal Program, from its guiding principles to the most detailed research activities, is focused on expanding the use of geothermal energy.

  15. Development of geothermal-well-completion systems. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Nelson, E.B.

    1979-01-01

    Results of a three year study concerning the completion of geothermal wells, specifically cementing, are reported. The research involved some specific tasks: (1) determination of properties an adequate geothermal well cement must possess; (2) thorough evaluation of current high temperature oilwell cementing technology in a geothermal context; (3) basic research concerning the chemical and physical behavior of cements in a geothermal environment; (4) recommendation of specific cement systems suitable for use in a geothermal well.

  16. Product Innovation in Sustainability-Oriented New Ventures : A Process Perspective

    NARCIS (Netherlands)

    Keskin, D.

    2015-01-01

    Despite the recognition that new ventures are potential candidates of creating innovations necessary for sustainability, little is know on how they actually engage in this journey. Sustainability-oriented new ventures are confronted with high levels of uncertainty that stem from the liabilities of

  17. A Study on Marketing Behaviour of Rural Youth Entrepreneurs among Seven Different Ventures

    Directory of Open Access Journals (Sweden)

    S. Janani

    2016-11-01

    Full Text Available The study was conducted among 210 rural youth entrepreneurs of seven different ventures in Krishnagiri district to assess their marketing behaviour. The entrepreneurial ventures selected for the study were Sericulture, Mushroom Production, Hi-tech nurseries (Polyhouse, Fruit and flower nursery, Fisheries, Poultry farming and Value addition (Tamarind processing and Millet based cookies.

  18. Entrepreneurial orientation and new venture performance : The mediating effect of network strategies

    NARCIS (Netherlands)

    Stam, Wouter; Elfring, T.

    2006-01-01

    While entrepreneurship scholars have generally examined the direct effects of entrepreneurial orientation (EO) on the performance of new ventures, we build on recent calls for a contingency framework and propose that ventures' network strategies intervene in the EO-performance relationship. Drawing

  19. International University Research Ventures: Implications for U.S. Economic Competitiveness National Security

    Science.gov (United States)

    2018-03-31

    NTERNATIONAL UNIVERSITY RESEARCH VENTURES: IMPLICATIONS FOR US ECONOMIC COMPETITIVENESS AND NATIONAL SECURITY The views, opinions and/or findings...UNIVERSITY RESEARCH VENTURES: IMPLICATIONS FOR US ECONOMIC COMPETITIVENESS AND NATIONAL SECURITY Report Term: 0-Other Email: mzak@gatech.edu...expected to inform political and economic theories about technology transfer, innovation, economic competitiveness, and democratization/civil

  20. How lead founder personality affects new venture performance : the mediating role of team conflict

    NARCIS (Netherlands)

    Jong, de A.; Song, M.; Song, L.Z.

    2013-01-01

    This empirical study of 323 new ventures examines how task and relationship conflict in the founding top management team mediates the effect of lead founder personality on new venture performance. The results reveal that (1) openness and agreeableness increase task conflict, whereas