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Sample records for puna geothermal venture

  1. 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.

  2. 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.

  3. 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.

  4. 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

  5. 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

  6. Native Hawaiian Ethnographic Study for the Hawaii Geothermal Project Proposed for Puna and Southeast Maui

    Energy Technology Data Exchange (ETDEWEB)

    Matsuoka, J.K; Minerbi, L. [Cultural Advocacy Network for Developing Options (CANDO) (United States); Kanahele, P.; Kelly, M.; Barney-Campbell, N.; Saulsbury [Oak Ridge National Lab., TN (United States); Trettin, L.D. [Tennessee Univ., Knoxville, TN (United States)

    1996-05-01

    This report makes available and archives the background scientific data and related information collected for an ethnographic study of selected areas on the islands of Hawaii and Maui. The task was undertaken during preparation of an environmental impact statement for Phases 3 and 4 of the Hawaii Geothermal Project (HGP) as defined by the state of Hawaii in its April 1989 proposal to Congress. Since the state of Hawaii is no longer pursuing or planning to pursue the HGP, DOE considers the project to be terminated. Information is included on the ethnohistory of Puna and southeast Maui; ethnographic fieldwork comparing Puna and southeast Maui; and Pele beliefs, customs, and practices.

  7. Surveys of arthropod and gastropod diversity in the geothermal resource subzones, Puna, Hawaii

    Energy Technology Data Exchange (ETDEWEB)

    Miller, S.E.; Burgett, J.; Bruegmann, M.

    1995-04-01

    The invertebrate surveys reported here were carried out as part of ecological studies funded by the Department of Energy in support of their environmental impact statement (EIS) for the Hawaii Geothermal Project. Currently, preparation of the EIS has been suspended, and all supporting information is being archived and made available to the public. The invertebrate surveys reported here assessed diversity and abundance of the arthropod and gastropod fauna in forested habitat and lava tubes in or near the three geothermal resource subzones. Recommendations for conservation of these organisms are given in this report. Surveys were conducted along three 100-m transect lines at each of the six forested locations. Malaise traps, baited pitfall traps, yellow pan traps, baited sponge lures, and visual examination of vegetation were used to assess invertebrate diversity along each transect line. Three of these locations were adjacent to roads, and three were adjacent to lava flows. Two of these lava-forest locations (Keauohana Forest Reserve and Pu`u O`o) were relatively remote from direct human impacts. The third location (Southeast Kula) was near a low-density residential area. Two lava tubes were surveyed. The forest over one of these tubes (Keokea tube) had recently been burned away. This tube was used to assess the effects of loss of forest habitat on the subterranean fauna. An undisturbed tube (Pahoa tube) was used as a control. Recommendations offered in this report direct geothermal development away from areas of high endemic diversity and abundance, and toward areas where natural Hawaiian biotic communities have already been greatly disturbed. These disturbed areas are mainly found in the lower half of the Kamaili (middle) geothermal subzone and throughout most of the Kapoho (lower) geothermal subzone. These recommendation may also generally apply to other development projects in the Puna District.

  8. The drama of Puna: For and against the Hawai'i geothermal project

    Science.gov (United States)

    Keyser, William Henry

    The geothermal project was conceived in the context of the international oil business and the economic growth of Hawai'i. From the point of view of the State, the geothermal project is necessary because imported petroleum provides Hawai'i with 911/2 percent of its total energy. That petroleum consists of 140,000 b/d of crude (1990) and it comes from Alaska, Indonesia and a few other suppliers. However, the Alaskan North Slope is beginning to run dry and the Southeast Asian suppliers of crude will be exporting less petroleum as time goes on. Increasingly, Hawai'i will become dependent on "unstable Middle Eastern" suppliers of crude. From this worry about the Middle East, the State seeks indigenous energy to reduce its dependence on petroleum and to support economic growth. Hence, the geothermal project was born after the 1973 oil embargo. The major source of geothermal energy is the Kilauea Volcano on the Big Island. Kilauea is characterized by the Kilauea caldera and a crack in the Island which extends easterly from the caldera to Cape Kumukahi in Puna and southwest to Pahala in Ka'u. The eastern part of the crack is approximately 55 kilometers long and 5 kilometers wide. The geothermal plants will sit on this crack. While the State has promoted the geothermal project with the argument of reducing "dependence" on imported petroleum, it hardly mentions its goal of economic growth. The opponents have resisted the project on the grounds of protecting Pele and Hawaiian gathering rights, protecting the rain forest, and stopping the pollution in the geothermal steam. What the opponents do not mention is their support for economic growth. The opposition to the project suggests a new environmental politics is forming in Hawai'i. Is this true? The dissertation will show that the participants in this drama are involved in a strange dance where each side avoids any recognition of their fundamental agreement on economic growth. Hence the creation of a new environmental

  9. Hawaii Geothermal Project annotated bibliography: Biological resources of the geothermal subzones, the transmission corridors and the Puna District, Island of Hawaii

    Energy Technology Data Exchange (ETDEWEB)

    Miller, S.E.; Burgett, J.M. [Fish and Wildlife Service, Honolulu, HI (United States). Pacific Islands Office

    1993-10-01

    Task 1 of the Hawaii Geothermal Project Interagency Agreement between the Fish and Wildlife Service and the Department of Energy-Oak Ridge National Laboratory (DOE) includes an annotated bibliography of published and unpublished documents that cover biological issues related to the lowland rain forest in Puna, adjacent areas, transmission corridors, and in the proposed Hawaii Geothermal Project (HGP). The 51 documents reviewed in this report cover the main body of biological information for these projects. The full table of contents and bibliography for each document is included along with two copies (as requested in the Interagency Agreement) of the biological sections of each document. The documents are reviewed in five main categories: (1) geothermal subzones (29 documents); (2) transmission cable routes (8 documents); (3) commercial satellite launching facility (Spaceport; 1 document); (4) manganese nodule processing facility (2 documents); (5) water resource development (1 document); and (6) ecosystem stability and introduced species (11 documents).

  10. Archaeology in the Kilauea East Rift Zone: Part 2, A preliminary sample survey, Kapoho, Kamaili and Kilauea geothermal subzones, Puna District, Hawaii island

    Energy Technology Data Exchange (ETDEWEB)

    Sweeney, M.T.K.; Burtchard, G.C. [International Archaeological Research Inst., Inc., Honolulu, HI (United States)

    1995-05-01

    This report describes a preliminary sample inventory and offers an initial evaluation of settlement and land-use patterns for the Geothermal Resources Subzones (GRS) area, located in Puna District on the island of Hawaii. The report is the second of a two part project dealing with archaeology of the Puna GRS area -- or more generally, the Kilauea East Rift Zone. In the first phase of the project, a long-term land-use model and inventory research design was developed for the GRS area and Puna District generally. That report is available under separate cover as Archaeology in the Kilauea East Rift Zone, Part I: Land-Use Model and Research Design. The present report gives results of a limited cultural resource survey built on research design recommendations. It offers a preliminary evaluation of modeled land-use expectations and offers recommendations for continuing research into Puna`s rich cultural heritage. The present survey was conducted under the auspices of the United States Department of Energy, and subcontracted to International Archaeological Research Institute, Inc. (IARII) by Martin Marietta Energy Systems, Inc. The purpose of the archaeological work is to contribute toward the preparation of an environmental impact statement by identifying cultural materials which could be impacted through completion of the proposed Hawaii Geothermal Project.

  11. Surveys of the distribution of seabirds found in the vicinity of proposed geothermal project subzones in the District of Puna, Hawaii. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Reynolds, M.; Ritchotte, G.; Viggiano, A.; Dwyer, J.; Nielsen, B.; Jacobi, J.D. [Fish and Wildlife Service, Hawaii National Park, HI (United States). Hawaii Research Station

    1994-08-01

    In 1993, the US Fish and Wildlife Service (USFWS) entered into an interagency agreement with the Department of Energy (DOE) to conduct specific biological surveys to identify potential impacts of the proposed geothermal development on the natural resources of the East Rift Zone. This report presents information from published literature information and new field data on seabird populations on the island of Hawaii. These data are analyzed with regard to potential impacts of geothermal development on seabird populations in this area. Fifteen species of seabirds, waterbirds, and shorebirds are documented or suspected of being found using habitats within or immediately adjacent to the three geothermal subzones located in the Puna district on the island of Hawai`i. Of these species, two are on the federal Endangered Species List, three are on the State of Hawaii Endangered Species List, and all 15 are protected by the federal Migratory Bird Act.

  12. A geothermal resource in the Puna plateau (Jujuy Province, Argentina): New insights from the geochemistry of thermal fluid discharges

    Science.gov (United States)

    Peralta Arnold, Yesica; Cabassi, Jacopo; Tassi, Franco; Caffe, Pablo; Vaselli, Orlando

    2017-04-01

    Several hydrothermal mineralization and thermal fluid discharges are distributed in the high altitude Puna plateau at the eastern border of the Central Volcanic Zone of the Andes in the Jujuy Province, a region where volcanic explosive activity developed from Oligocene-Miocene to Neogene produced giant calderas and huge ignimbrite deposits. This study presents the geochemical and isotopic composition of thermal fluids discharged from Granada, Vilama, Pairique, Coranzulì and Olaroz zones, which are located between S 22°20'- 23°20' and W 66°- 67°. This aim is to provide insights into the physicochemical features of the deep fluid circulating system in order to have a preliminary indication about the geothermal potential in this area. The occurrence of partially mature Na+-Cl- waters suggests that a deep (>5,000 m b.g.l.) hydrothermal reservoir, hosted within the Paleozoic crystalline basement, represents the main fluid source. Regional tectonics, dominated by S-oriented faulting systems that produced a horst and graben tectonics, as well as NE-, NW- and WE-oriented transverse structures, favour the uprising of the deep-originated fluids, including a significant amount (up to 16%) of mantle He. The dry gas phase mainly consists of CO2 mostly produced from subducted C-bearing organic-rich material. The interaction between meteoric water and Cretaceous, Palaeogene to Miocene sediments at shallow depth gives rise to relatively cold Na+-HCO3-type aquifers. Dissolution of evaporitic surficial deposits (salares), produced by the arid climate of the region, strongly affects the chemistry of the thermal springs in the peripheral zones of the study area. Geothermometry in the Na-K-Ca-Mg system suggests equilibrium temperatures up to 200 °C for the deep aquifer, whereas the H2 geothermometer equilibrates at lower temperatures (from 105 to 155 °C), likely corresponding to those of the shallower aquifer. Although the great depth of the main fluid reservoir represents a

  13. Surveys of distribution and abundance of the Hawaiian hawk within the vicinity of proposed geothermal project subzones in the District of Puna, Hawaii. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Reynolds, M.; Ritchotte, G.; Viggiano, A.; Dwyer, J.; Nielsen, B.; Jacobi, J.D. [Fish and Wildlife Service, Hawaii National Park, HI (United States). Hawaii Research Station

    1994-08-01

    In 1993, the US Fish and Wildlife Service (USFWS) entered an interagency agreement with the Department of Energy (DOE) to conduct specific biological surveys to identify potential impacts of proposed geothermal development on the biota of the east rift zone of Kilauea volcano in the Puna district on the island of Hawaii. This report presents data on the distribution, habitat use, and density of the Hawaiian hawk or `Io (Buteo solitarius). Data were collected by the USFWS to assess the potential impacts of geothermal development on `Io populations on the island of Hawaii. These impacts include degradation of potential nesting habitat and increased disturbance due to construction and operation activities. Data from these surveys were analyzed as part of an island wide population assessment conducted by the Western Foundation of Vertebrate Zoology at the request of the USFWS.

  14. Surveys on the distribution and abundance of the Hawaiian hoary bat (Lasiurus cinereus semotus) in the vicinity of proposed geothermal project subzones in the District of Puna, Hawaii. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Reynolds, M.; Ritchotte, G.; Dwyer, J.; Viggiano, A.; Nielsen, B.; Jacobi, J.D. [Fish and Wildlife Service, Hawaii National Park, HI (United States). Hawaii Research Station

    1994-08-01

    In 1993 the US Fish and Wildlife Service (USFWS) entered into an interagency agreement with the Department of Energy (DOE) to conduct wildlife surveys relative to identifying potential impacts of geothermal resource development on the native biota of the east rift zone of Kilauea volcano in the Puna district on the island of Hawaii. This report presents data on the endangered Hawaiian hoary bat (Hawaiian bat), or opeapea (Lasiurus cinereus semotus), within the proposed Hawaii geothermal subzones. Potential effects of geothermal development on Hawaiian bat populations are also discussed. Surveys were conducted to determine the distribution and abundance of bats throughout the District of Puna. Baseline information was collected to evaluate the status of bats within the study area and to identify important foraging habitats. Little specific data exists in the published literature on the population status and potential limiting factors affecting the Hawaiian bat. A USFWS recovery plan does not exist for this endangered species.

  15. Archaeology in the Kilauea East Rift Zone: Part 1, Land-use model and research design, Kapoho, Kamaili and Kilauea Geothermal Subzones, Puna District, Hawaii Island

    Energy Technology Data Exchange (ETDEWEB)

    Burtchard, G.C.; Moblo, P. [International Archaeological Research Inst., Inc., Honolulu, HI (United States)

    1994-07-01

    The Puna Geothermal Resource Subzones (GRS) project area encompasses approximately 22,000 acres centered on the Kilauea East Rift Zone in Puna District, Hawaii Island. The area is divided into three subzones proposed for geothermal power development -- Kilauea Middle East Rift, Kamaili and Kapoho GRS. Throughout the time of human occupation, eruptive episodes along the rift have maintained a dynamic landscape. Periodic volcanic events, for example, have changed the coastline configuration, altered patterns of agriculturally suitable sediments, and created an assortment of periodically active, periodically quiescent, volcanic hazards. Because of the active character of the rift zone, then, the area`s occupants have always been obliged to organize their use of the landscape to accommodate a dynamic mosaic of lava flow types and ages. While the specific configuration of settlements and agricultural areas necessarily changed in response to volcanic events, it is possible to anticipate general patterns in the manner in which populations used the landscape through time. This research design offers a model that predicts the spatial results of long-term land-use patterns and relates them to the character of the archaeological record of that use. In essence, the environmental/land-use model developed here predicts that highest population levels, and hence the greatest abundance and complexity of identifiable prehistoric remains, tended to cluster near the coast at places that maximized access to productive fisheries and agricultural soils. With the possible exception of a few inland settlements, the density of archaeological remains expected to decrease with distance from the coastline. The pattern is generally supported in the regions existing ethnohistoric and archaeological record.

  16. Surveys of forest bird populations found in the vicinity of proposed geothermal project subzones in the district of Puna, Hawaii

    International Nuclear Information System (INIS)

    Jacobi, J.D.; Reynolds, M.; Ritchotte, G.; Nielsen, B.; Viggiano, A.; Dwyer, J.

    1994-10-01

    This report presents data on the distribution and status of forest bird species found within the vicinity of proposed geothermal resource development on the Island of Hawaii. Potential impacts of the proposed development on the native bird populations found in the project are are addressed

  17. Surveys of forest bird populations found in the vicinity of proposed geothermal project subzones in the district of Puna, Hawaii

    Energy Technology Data Exchange (ETDEWEB)

    Jacobi, J.D.; Reynolds, M.; Ritchotte, G.; Nielsen, B.; Viggiano, A.; Dwyer, J.

    1994-10-01

    This report presents data on the distribution and status of forest bird species found within the vicinity of proposed geothermal resource development on the Island of Hawaii. Potential impacts of the proposed development on the native bird populations found in the project are are addressed.

  18. 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.

  19. Geothermal power development in Hawaii. Volume II. Infrastructure and community-services requirements, Island of Hawaii

    Energy Technology Data Exchange (ETDEWEB)

    Chapman, G.A.; Buevens, W.R.

    1982-06-01

    The requirements of infrastructure and community services necessary to accommodate the development of geothermal energy on the Island of Hawaii for electricity production are identified. The following aspects are covered: Puna District-1981, labor resources, geothermal development scenarios, geothermal land use, the impact of geothermal development on Puna, labor resource requirments, and the requirements for government activity.

  20. 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...

  1. 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…

  2. 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...

  3. 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...

  4. Environmental Resources of Selected Areas of Hawaii: Groundwater in the Puna District of the Island of Hawaii (DRAFT)

    Energy Technology Data Exchange (ETDEWEB)

    Staub, W.P.

    1994-06-01

    This report has been prepared to make available and archive the background scientific data and related information collected on groundwater during the preparation of the environmental impact statement (EIS) for Phases 3 and 4 of the Hawaii Geothermal Project (HGP) as defined by the state of Hawaii in its April 1989 proposal to Congress. The U.S. Department of Energy (DOE) published a notice in the Federal Register on May 17,1994 (Fed Regis. 5925638), withdrawing its notice of intent (Fed. Regis. 575433) of February 14,1992, to prepare the HGP-EIS. Since the state of Hawaii is no longer pursuing or planning to pursue the HGP, DOE considers the project to be terminated. The background scientific data and related information presented in this report were collected for the geothermal resource subzones in the Puna District on the island of Hawaii. The scientific background data and related information is being made available for use by others in conducting future scientific research in these areas. This report describes the environmental resources present in the areas studied (i.e., the affected environment) and does not represent an assessment of environmental impacts. This paper summarizes the current state of knowledge with respect to groundwater in the Puna District of the island of Hawaii (hereinafter referred to as Hawaii). Groundwater quality inside and outside the lower east rift zone (LERZ) of Kilauea is compared with that of meteoric water, seawater, and geothermal fluid. The degree of mixing between meteoric water, sea water, and geothermal water in and adjacent to the LERZ also is discussed. Finally, groundwater pathways and use in the Puna District are discussed. Most of the information contained herein is compiled from recent U.S. Geological Survey publications and open-file reports.

  5. Environmental resources of selected areas of Hawaii: Groundwater in the Puna District of the Island of Hawaii

    Energy Technology Data Exchange (ETDEWEB)

    Staub, W.P.; Reed, R.M.

    1995-03-01

    This report has been prepared to make available and archive the background scientific data and related information collected on groundwater during the preparation of the environmental impact statement (EIS) for Phases 3 and 4 of the Hawaii Geothermal Project (HGP) as defined by the state of Hawaii in its April 1989 proposal to Congress. The US Department of Energy (DOE) published a notice in the withdrawing its notice of intent of February 14, 1992, to prepare the HGP EIS. Since the state of Hawaii is no longer pursuing or planning to pursue the HGP, DOE considers the project to be terminated. The background scientific data and related information presented in this report were collected for the geothermal resource subzones in the Puna District on the island of Hawaii. The scientific background data and related information is being made available for use by others in conducting future scientific research in these areas. This report describes the environmental resources present in the areas studied and does not represent an assessment of environmental impacts. This paper summarizes the current state of knowledge with respect to groundwater in the Puna District of the island of Hawaii. Groundwater quality in and adjacent to Kilauea`s east rift zone (KERZ), is compared with that of meteoric water, seawater, and geothermal fluid. Two segments of KERZ lie within the Puna District. These segments are the middle east rift zone (KERZ) and lower east rift zone (LERZ). The degree of mixing between meteoric water, seawater, and geothermal water in and adjacent to the also is discussed.

  6. 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

  7. Vegetation component of geothermal EIS studies: Introduced plants, ecosystem stability, and geothermal development

    International Nuclear Information System (INIS)

    1994-10-01

    This paper contributes new information about the impacts from introduced plant invasions on the native Hawaiian vegetation as consequences of land disturbance and geothermal development activities. In this regard, most geothermal development is expected to act as another recurring source of physical disturbance which favors the spread and maintenance of introduced organisms throughout the region. Where geothermal exploration and development activities extend beyond existing agricultural and residential development, they will become the initial or sole source of disturbance to the naturalized vegetation of the area. Kilauea has a unique ecosystem adapted to the dynamics of a volcanically active landscape. The characteristics of this ecosystem need to be realized in order to understand the major threats to the ecosystem and to evaluate the effects of and mitigation for geothermal development in Puna. The native Puna vegetation is well adapted to disturbances associated with volcanic eruption, but it is ill-adapted to compete with alien plant species in secondary disturbances produced by human activities. Introduced plant and animal species have become a major threat to the continued presence of the native biota in the Puna region of reference

  8. Vegetation component of geothermal EIS studies: Introduced plants, ecosystem stability, and geothermal development

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1994-10-01

    This paper contributes new information about the impacts from introduced plant invasions on the native Hawaiian vegetation as consequences of land disturbance and geothermal development activities. In this regard, most geothermal development is expected to act as another recurring source of physical disturbance which favors the spread and maintenance of introduced organisms throughout the region. Where geothermal exploration and development activities extend beyond existing agricultural and residential development, they will become the initial or sole source of disturbance to the naturalized vegetation of the area. Kilauea has a unique ecosystem adapted to the dynamics of a volcanically active landscape. The characteristics of this ecosystem need to be realized in order to understand the major threats to the ecosystem and to evaluate the effects of and mitigation for geothermal development in Puna. The native Puna vegetation is well adapted to disturbances associated with volcanic eruption, but it is ill-adapted to compete with alien plant species in secondary disturbances produced by human activities. Introduced plant and animal species have become a major threat to the continued presence of the native biota in the Puna region of reference.

  9. Long-Term Uplift in the Altiplano-Puna Neovolcanic Zone: Evidence of an Active Magmatic Diapir?

    Science.gov (United States)

    Fialko, Y.; Pearse, J.

    2012-12-01

    We present InSAR observations of a long-term uplift in the Altiplano-Puna neovolcanic zone (central Andes, South America). Previous observations revealed a a massive Ultra Low Velocity Zone (ULVZ) at depth of 17-19 km (Zandt et al., 2003), and surface deformation that was attributed to Uturuncu, a dormant volcano in the middle of the Altiplano-Puna neovolcanic zone (Pritchard and Simons, 2002). Our time series analysis of combined data from different sensors (ERS-1/2 and ENVISAT), satellite tracks, and observation modes (fine beam and ScanSAR) reveals that the central uplift has persisted at a nearly constant rate of ~1 cm/yr over the last two decades, and is surrounded by a broad zone of subsidence. We use the satellite line-of-sight velocities from different look directions to constrain the depth and geometry of the inferred sources of magmatic unrest. Inversions based on elastic half-space models indicate that the inflation source is located well below the brittle-ductile transition, and likely resides at the depth of the seismically imaged ULVZ. We investigated the effects of inelastic deformation in the ambient crust using finite element models. The models incorporated laboratory-derived rheologies of the ambient crust, and geotherms appropriate for an active neo-volcanic zone such as the one in the Altiplano-Puna province. Based on a large number of numerical simulations constrained by the observed surface velocities, we conclude that the ongoing uplift and peripheral subsidence result from a large mid-crustal diapir fed by a partially molten source region in the middle crust. The observed pattern of surface deformation due to the Altiplano-Puna ULVZ is remarkably similar to that due to the Socorro Magma Body (SMB) in central New Mexico, USA (Pearse and Fialko, 2010), suggesting a common process. mosaic of the mean LOS velocity showing uplift and peripheral subsidence due to the inferred mid-crustal diapir.

  10. 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....

  11. 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

  12. A Preliminary Report on the Early History and Archaeology of Kahauale'A, Puna, Hawaii

    Energy Technology Data Exchange (ETDEWEB)

    Holmes, Tommy

    1982-04-14

    The following is a report on the findings of a documentary literature search on the ahupuaa of Kahauale'a in the Puna District of the island of Hawaii. Attention is given to the entirety of the ahupuaa, though the emphasis is on the mauka portions from about 1,500 to 3,800-feet elevation, or roughly three miles inland to the northern terminus of the ahupuaa, just below Kilauea. The report was commissioned by The Estate of James Campbell for purposes of ascertaining what the extent of early Hawaiian activities and/or habitation occurred in the mauka regions of Kahauale'a--specifically to see if proposed geothermal drilling activities in these areas would disturb any archaeological sites.

  13. `Site Testing' en la Puna de Atacama

    Science.gov (United States)

    Recabarren, P.; Mosconi, M.

    We present a report of the activities developed by the IATE group from the Observatorio Astronómico de Córdoba and astronomers from the Pontificia Universidad Católica de Chile, from 14 till 22. of April of 2000. We have made seeing and meteorological measurements and a topographical prospecting in order to characterize the environmental conditions in Cerro Toco (5574m), in the region of the Puna de Atacama. The seeing measurements were made with a DIMM (Differential Image Motin Monitor) camera. The seeing measurements during 20. and 21. of April gave an average value of 0.85 arc seconds. We think that more places in the region should be studied.

  14. Community Geothermal Technology Program: Cloth dyeing by geothermal steam. An experiment in technology transfer from Japan to Hawaii, Final report

    Energy Technology Data Exchange (ETDEWEB)

    Furumoto, A.S.

    1987-12-31

    This was an experiment to test whether cloth dyeing using geothermal steam (already proven in Japan) would be feasible in Hawaii. Results: Using a fabricated steam vat, cotton, silk, and synthetic can be dyed; the resulting material received high grades for steadfastness and permanency under dye testing. Techniques that were successful in Matsukawa, were replicated in Puna. However, attempts to embed leaf patterns on cloth using natural leaves and to extract natural dyes from Hawaiian plants were unsuccessful; the color of natural dyes deteriorated in hours. But chemical dyes gave brilliant hues or shades, in contrast to those in Japan where the steam there gave subdued tones. It is concluded that geothermal dyeing can be a viable cottage industry in Puna, Hawaii.

  15. 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

  16. 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

  17. 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...

  18. 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.

  19. Peatlands of the Peruvian Puna ecoregion: types, characteristics and disturbance

    Directory of Open Access Journals (Sweden)

    F. Salvador

    2014-05-01

    Full Text Available Peatlands represent one of the most important water resources in the Puna grassland ecoregion, but this fact is not yet widely recognised. Puna peatlands also provide key environmental services such as increasing the regional biodiversity of the Andean Altiplano plateau and contributing to the wellbeing of high-altitude human populations by providing grazing land and cooking fuel. We conducted a study in the Peruvian Puna ecoregion to describe the current condition of peatlands in terms of their vegetation, physical and chemical characteristics and disturbance status. Our results suggest that peat thickness, organic matter and degree of humification are good indicators for identifying peatlands in the Puna ecoregion. In general, the peatland sites that we sampled were dominated by mixtures of cushion and acaulescent rosette forming plants such as Distichia muscoides Nees & Meyen and Plantago tubulosa Decne. These Distichia and Plantago peatland sites were characterised by a mean surface water pH of 6.3, corrected electrical conductivity (K corr. in the range 300–1814 μS cm-1 and presented the following mean exchangeable cation values: Ca2+ 48 mg L-1, Mg2+ 9.6 mg L-1, Na+ 8.2 mg L-1 and K+ 2.1 mg L-1. The most common causes of disturbance we encountered were grazing, peat extraction and roads. Disturbance was most severe in mining sites, where peatlands are especially vulnerable because they are not under legal protection.

  20. 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

  1. 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)

  2. 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...

  3. Geochemistry of the Puna Austral and Cordillera Oriental basement

    International Nuclear Information System (INIS)

    Becchio, Raul; Lucassen, Friedrich; Franz, Gerhard; Kasemann, Simone

    1998-01-01

    Major and trace elements, rare earths, and 143 Nd/ 147 Nd and, 147 Sm/ 144 Nd isotope ratios have been determined in the Puna Austral and Cordillera Oriental basement. The basement is formed by high temperature amphibolite facies rocks ranulites (750-550 degrees C) and green schists. They are represented by schists, paragneiss, orthogneiss, migmatites, few metabasites, marbles and chalcosilicatic banks. Hypotheses on the formation and evolution of the basement are presented

  4. 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.

  5. 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

  6. 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)

  7. 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

  8. 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.)

  9. 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...

  10. 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.)

  11. Lithium- and boron-bearing brines in the Central Andes: exploring hydrofacies on the eastern Puna plateau between 23° and 23°30'S

    Science.gov (United States)

    Steinmetz, R. L. López

    2017-01-01

    Internally drained basins of the Andean Plateau are lithium- and boron-bearing systems. The exploration of ionic facies and parental links in a playa lake located in the eastern Puna (23°-23°30'S) was assessed by hydrochemical determinations of residual brines, feed waters and solutions from weathered rocks. Residual brines have been characterized by the Cl- (SO4 =)/Na+ (K+) ratio. Residual brines from the playa lake contain up to 450 mg/l of boron and up to 125 mg/l of lithium, and the Las Burras River supplies the most concentrated boron (20 mg/l) and lithium (3.75 mg/l) inflows of the basin. The hydro-geochemical assessment allowed for the identification of three simultaneous sources of boron: (1) inflow originating from granitic areas of the Aguilar and Tusaquillas ranges; (2) weathering of the Ordovician basement; and (3) boron-rich water from the Las Burras River. Most of the lithium input of the basin is likely generated by present geothermal sources rather than by weathering and leaching of ignimbrites and plutonic rocks. However, XRD analyses of playa lake sediments revealed the presence of lithian micas of clastic origin, including taeniolite and eucriptite. This study is the first to document these rare Li-micas from the Puna basin. Thus, both residual brines and lithian micas contribute to the total Li content in the studied hydrologic system.

  12. Herencia materna en poblaciones de Puna y Valle Calchaqui - Salta

    Directory of Open Access Journals (Sweden)

    Albeza, María V.

    2005-01-01

    Full Text Available Las poblaciones de la Puna y el Valle Calchaquí han sido estudiadas, tanto desde la perspectiva demográfica como de marcadores genéticos clásicos y nucleares. En este trabajo se analizan las secuencias de la región hipervariable I del mtDNA, en muestras de 100 individuos de diferentes localidades. La zona comprendida entre las posiciones 15997-16400 según la secuencia Anderson (región hipervariable I-HVRI fue secuenciada. El motivo RFLP- 7025 AluI fue adicionalmente analizado en las muestras para determinar su inclusión dentro del haplogrupo H. Las muestras que resultaron no-H fueron asignadas a distintos haplogrupos. Se han detectado un total de 34 haplotipos distintos definidos por 50 posiciones variables de los que una muy baja proporción (13,1 % resultaron haplotipos únicos. Sólo 4 de los 34 haplotipos son compartidos entre la población de la Puna y la de los Valles.

  13. 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

  14. 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...

  15. 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

  16. 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.

  17. 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.

  18. 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)

  19. 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

  20. 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.)

  1. Estacionalidad de las muertes en la puna de Atacama

    Directory of Open Access Journals (Sweden)

    Bejarano, Ignacio

    2001-01-01

    Full Text Available En distintas culturas y geografías la mortalidad se distribuye de acuerdo a un patrón estacional variable según las poblaciones. El objetivo de este trabajo fue analizar la estacionalidad de las muertes en un medio ambiente extremo como lo es la Puna de Atacama (PA. Los datos de defunciones (1890-1950 corresponden a dos localidades de la PA: Susques y San Pedro de Atacama. En el análisis se consideraron, por sexo, tres grupos de edad: a prerreproductiva (0-15 años (PRE, reproductiva (16-44 años (REP y postreproductiva (<45 años (POS. Se calculo el coeficiente de estacionalidad de Henry y para identificar estadísticamente variaciones estacionales se aplicó una prueba de homogeneidad. Se utilizó la prueba de Edwards para detectar ciclos armónicos en la distribución de muertes. Independientemente de la edad y el sexo se observó un patron estacional diferencial significativo que responde a un modelo de variación armónica simple, los coeficientes de Henry mas altos se presentaron en verano e invierno. Cuando se analiza la estacionalidad por grupo de edad y sexo el patrón previamente descripto se mantiene sólo en las edades REP y POS y en el sexo masculino. Este estudio proporciona un indicio del comportamiento de la estacionalidad de las muertes en la Puna de Atacama. Sin embargo no difiere del observado en poblaciones contemporáneas de países desarrollados, por lo que se concluye que el patrón observado no sería consecuencia directa de las condiciones climáticas, culturales, etc. de este ambiente extremo.

  2. 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...

  3. 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).

  4. 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.

  5. 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.

  6. 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.

  7. 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)

  8. 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...

  9. 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.

  10. 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

  11. 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.

  12. 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.

  13. 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

  14. 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...

  15. 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...

  16. 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

  17. 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.

  18. 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)

  19. 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

  20. 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...

  1. 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

  2. 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.

  3. 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)

  4. 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.

  5. Sombrero uplift above the Altiplano-Puna Magma Body: evidence of a ballooning mid-crustal diapir.

    Science.gov (United States)

    Fialko, Yuri; Pearse, Jill

    2012-10-12

    The Altiplano-Puna ultralow-velocity zone in the central Andes, South America, is the largest active magma body in Earth's continental crust. Space geodetic observations reported an uplift in the Altiplano-Puna proper at a rate of ~10 mm/year; however, the nature of the inferred inflation source has been uncertain. We present data showing that the uplift has persisted at a nearly constant rate over the past two decades, and is surrounded by a broad zone of subsidence. We show that the ongoing uplift and peripheral subsidence may result from a large mid-crustal diapir fed by partial melt from the Altiplano-Puna Magma Body.

  6. The Puna Vegetation of Moquegua, South Peru: Chasmophytes, grasslands and Puya raimondii stands

    NARCIS (Netherlands)

    Montesinos-Tubée, D.B.; Cleef, A.M.; Sýkora, K.V.

    2015-01-01

    The phytosociology and ecology of puna vegetation in twelve localities at an altitude of 3750-4500 m in northern Moquegua (south Peru) have been studied. The study area has a pluviseasonal climate with summer rainfall. Using TWINSPAN, Detrended Correspondence Analysis and Farthest Neighbor

  7. The Puna vegetation of Moquegua, South Peru: Chasmophytes, grasslands and Puya raimondii stands

    NARCIS (Netherlands)

    Montesinos, D.B.; Cleef, Antoine; Sykora, K.V.

    2015-01-01

    The phytosociology and ecology of puna vegetation in twelve localities at an altitude of 3750–4500 m in northern Moquegua (south Peru) have been studied. The study area has a pluviseasonal climate with summer rainfall. Using TWINSPAN, Detrended Correspondence Analysis and Farthest Neighbor

  8. 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...

  9. 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.)

  10. 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

  11. 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.

  12. 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....

  13. 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....

  14. 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 ...

  15. 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...

  16. Plant community variation across a puna landscape in the Chilean Andes Variación en la comunidad vegetal de un paisaje de puna en los Andes chilenos

    Directory of Open Access Journals (Sweden)

    JOHN G LAMBRINOS

    2006-06-01

    Full Text Available We describe patterns of plant species and growth form abundance in the puna vegetation of Parque Nacional Lauca, Chile. At more than 4,300 m, the extreme habitat of the study site supported relatively few species. These few species, however, represented a diverse array of growth forms that were organized with respect to distinct environmental gradients. Both species richness and growth form diversity increased with the degree of habitat rockiness and on more xeric north and east facing slopes. These xeric, rocky sites supported the greatest overall abundance of cushion forms. Less rocky sites with more soil development supported a greater abundance of tussock grass and shrub forms. Congeneric species occupied distinct microhabitats and were often markedly divergent in growth form. These patterns suggest that water and thermal stress are critical forces shaping functional form as well as community organization in the high Andean punaDescribimos los patrones de abundancia de las especies vegetales y las formas de vida en la vegetación de puna en el Parque Nacional Lauca, Chile. A una altitud que excede los 4.300 m de altitud, el hábitat extremo de nuestro sitio de estudio presenta relativamente pocas especies. Dichas especies, sin embargo, representan un arreglo diverso de formas de vida organizadas con respecto a distintos gradientes ambientales. Tanto la riqueza de especies como el hábito de crecimiento aumentaron en los suelos más rocosos y en las pendientes expuestas al norte y al este, cuya vegetación es más xerófila. Dichos sitios presentaron la mayor abundancia en formas de cojines. Los sitios menos rocosos con un suelo más desarrollado presentaron una mayor abundancia de pastos y arbustos. Distintos microhábitats fueron ocupados por especies congénericas que con frecuencia divergieron en su hábito de crecimiento. Los patrones observados sugieren que el agua y el estrés térmico son fuerzas críticas que moldean la forma

  17. 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.

  18. 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.

  19. Surface uplift in the Central Andes driven by growth of the Altiplano Puna Magma Body.

    Science.gov (United States)

    Perkins, Jonathan P; Ward, Kevin M; de Silva, Shanaka L; Zandt, George; Beck, Susan L; Finnegan, Noah J

    2016-10-25

    The Altiplano-Puna Magma Body (APMB) in the Central Andes is the largest imaged magma reservoir on Earth, and is located within the second highest orogenic plateau on Earth, the Altiplano-Puna. Although the APMB is a first-order geologic feature similar to the Sierra Nevada batholith, its role in the surface uplift history of the Central Andes remains uncertain. Here we show that a long-wavelength topographic dome overlies the seismically measured extent of the APMB, and gravity data suggest that the uplift is isostatically compensated. Isostatic modelling of the magmatic contribution to dome growth yields melt volumes comparable to those estimated from tomography, and suggests that the APMB growth rate exceeds the peak Cretaceous magmatic flare-up in the Sierran batholith. Our analysis reveals that magmatic addition may provide a contribution to surface uplift on par with lithospheric removal, and illustrates that surface topography may help constrain the magnitude of pluton-scale melt production.

  20. 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.

  1. 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.…

  2. 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)

  3. 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

  4. 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

  5. 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…

  6. 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.

  7. 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

  8. 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...

  9. 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...

  10. 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.

  11. Pahoa geothermal industrial park. Engineering and economic analysis for direct applications of geothermal energy in an industrial park at Pahoa, Hawaii

    Energy Technology Data Exchange (ETDEWEB)

    Moreau, J.W.

    1980-12-01

    This engineering and economic study evaluated the potential for developing a geothermal industrial park in the Puna District near Pahoa on the Island of Hawaii. Direct heat industrial applications were analyzed from a marketing, engineering, economic, environmental, and sociological standpoint to determine the most viable industries for the park. An extensive literature search produced 31 existing processes currently using geothermal heat. An additional list was compiled indicating industrial processes that require heat that could be provided by geothermal energy. From this information, 17 possible processes were selected for consideration. Careful scrutiny and analysis of these 17 processes revealed three that justified detailed economic workups. The three processes chosen for detailed analysis were: an ethanol plant using bagasse and wood as feedstock; a cattle feed mill using sugar cane leaf trash as feedstock; and a papaya processing facility providing both fresh and processed fruit. In addition, a research facility to assess and develop other processes was treated as a concept. Consideration was given to the impediments to development, the engineering process requirements and the governmental support for each process. The study describes the geothermal well site chosen, the pipeline to transmit the hydrothermal fluid, and the infrastructure required for the industrial park. A conceptual development plan for the ethanol plant, the feedmill and the papaya processing facility was prepared. The study concluded that a direct heat industrial park in Pahoa, Hawaii, involves considerable risks.

  12. 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.

  13. 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)

  14. 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

  15. 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.

  16. 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.

  17. 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.

  18. 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...

  19. 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.

  20. 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

  1. 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.

  2. 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

  3. 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

  4. 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...

  5. 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...

  6. 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...

  7. 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

  8. 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.

  9. 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....

  10. 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...

  11. 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

  12. 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.

  13. 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...

  14. 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 ...

  15. 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

  16. 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)

  17. 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.

  18. 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.

  19. 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.

  20. 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

  1. 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

  2. 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....

  3. 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

  4. 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

  5. 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.

  6. 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.

  7. Managing uncertainty: Lessons from volcanic lava disruption of transportation infrastructure in Puna, Hawaii.

    Science.gov (United States)

    Kim, Karl; Pant, Pradip; Yamashita, Eric

    A recent lava flow in Puna, Hawaii, threatened to close one of the major highways serving the region. This article provides background information on the volcanic hazards and describes events, responses, and challenges associated with managing a complex, long-duration disaster. In addition to the need to better understand geologic hazards and threats, there is a need for timely information and effective response and recovery of transportation infrastructure. This requires coordination and sharing of information between scientists, emergency managers, transportation planners, government agencies, and community organizations. Transportation assets play a critical role in terms of problem definition, response, and recovery. The challenges with managing a long-duration event include: (1) determining when a sufficient threat level exists to close roads; (2) identifying transportation alternatives; (3) assessing impacts on communities including the direct threats to homes, businesses, structures, and infrastructure; (4) engaging communities in planning and deliberation of choices and alternatives; and (5) managing uncertainties and different reactions to hazards, threats, and risks. The transportation planning process provides a pathway for addressing initial community concerns. Focusing not just on roadways but also on travel behavior before, during, and after disasters is a vital aspect of building resilience. The experience in Puna with the volcano crisis is relevant to other communities seeking to adapt and manage long-term threats such as climate change, sea level risk, and other long-duration events.

  8. Estructuras agrarias comparadas: la Puna argentina y el sur boliviano a comienzos del siglo XX

    Directory of Open Access Journals (Sweden)

    Ana A. Teruel

    2005-01-01

    Full Text Available This article expects to be another contribution to the knowledge about the social-economic problems from the Argentine Puna, especifically to its agricultural structure, paying special attention to changes and permanences, concerning to property and land, key to economical and social power and fundamental axis of production relationship of this society. It focuses on the problematical fact of indian lands, making a comparison between the North of Argentina and the South of Bolivia, considering both political state systems about comunity lands and its effects in the agrarian structures in the begining of the XXth century.Este artículo tiene por propósito realizar un aporte más al conocimiento de la problemática socio-económica de la Puna argentina, específicamente a su estructura agraria, atendiendo los cambios y permanencias relativos a la propiedad y tenencia de la tierra, clave del poder económico y social y eje fundamental en las relaciones de producción de esta sociedad agraria. Se trata la cuestión en el marco de la problemática de las tierras indígenas, comparando la situación del Norte argentino con la del Sur boliviano, analizando las políticas de ambos Estados en torno a la tierra de las comunidades y sus efectos en las estructuras agrarias de comienzos del siglo XX.

  9. 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.

  10. 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...

  11. 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

  12. 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)

  13. 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...

  14. 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

  15. 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...

  16. 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)

  17. 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

  18. 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

  19. 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.

  20. 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.

  1. 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.

  2. 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)

  3. Blind Geothermal System Exploration in Active Volcanic Environments; Multi-phase Geophysical and Geochemical Surveys in Overt and Subtle Volcanic Systems, Hawai’i and Maui

    Energy Technology Data Exchange (ETDEWEB)

    Fercho, Steven [Ormat Nevada, Inc., Reno, NV (United States); Owens, Lara [Ormat Nevada, Inc., Reno, NV (United States); Walsh, Patrick [Ormat Nevada, Inc., Reno, NV (United States); Drakos, Peter [Ormat Nevada, Inc., Reno, NV (United States); Martini, Brigette [Corescan Inc., Ascot (Australia); Lewicki, Jennifer L. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Kennedy, Burton M. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2015-08-01

    Suites of new geophysical and geochemical exploration surveys were conducted to provide evidence for geothermal resource at the Haleakala Southwest Rift Zone (HSWRZ) on Maui Island, Hawai’i. Ground-based gravity (~400 stations) coupled with heli-bourne magnetics (~1500 line kilometers) define both deep and shallow fractures/faults, while also delineating potentially widespread subsurface hydrothermal alteration on the lower flanks (below approximately 1800 feet a.s.l.). Multi-level, upward continuation calculations and 2-D gravity and magnetic modeling provide information on source depths, but lack of lithologic information leaves ambiguity in the estimates. Additionally, several well-defined gravity lows (possibly vent zones) lie coincident with magnetic highs suggesting the presence of dike intrusions at depth which may represent a potentially young source of heat. Soil CO2 fluxes were measured along transects across geophysically-defined faults and fractures as well as young cinder cones along the HSWRZ. This survey generally did not detect CO2 levels above background, with the exception of a weak anomalous flux signal over one young cinder cone. The general lack of observed CO2 flux signals on the HSWRZ is likely due to a combination of lower magmatic CO2 fluxes and relatively high biogenic surface CO2 fluxes which mix with the magmatic signal. Similar surveys at the Puna geothermal field on the Kilauea Lower East Rift Zone (KLERZ) also showed a lack of surface CO2 flux signals, however aqueous geochemistry indicated contribution of magmatic CO2 and He to shallow groundwater here. As magma has been intercepted in geothermal drilling at the Puna field, the lack of measured surface CO2 flux indicative of upflow of magmatic fluids here is likely due to effective “scrubbing” by high groundwater and a mature hydrothermal system. Dissolved inorganic carbon (DIC) concentrations, δ13C compositions and 3He/4He values were sampled at Maui from several shallow

  4. 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...

  5. 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

  6. 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...

  7. 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

  8. 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…

  9. 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)

  10. 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

  11. 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

  12. 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

  13. 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…

  14. 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

  15. 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

  16. 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

  17. 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

  18. 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...

  19. 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.

  20. 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

  1. 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...

  2. 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.

  3. Regional Systems Development for Geothermal Energy Resources Pacific Region (California and Hawaii). Task 3: water resources evaluation. Topical report

    Energy Technology Data Exchange (ETDEWEB)

    Sakaguchi, J.L.

    1979-03-19

    The fundamental objective of the water resources analysis was to assess the availability of surface and ground water for potential use as power plant make-up water in the major geothermal areas of California. The analysis was concentrated on identifying the major sources of surface and ground water, potential limitations on the usage of this water, and the resulting constraints on potentially developable electrical power in each geothermal resource area. Analyses were completed for 11 major geothermal areas in California: four in the Imperial Valley, Coso, Mono-Long Valley, Geysers-Calistoga, Surprise Valley, Glass Mountain, Wendel Amedee, and Lassen. One area in Hawaii, the Puna district, was also included in the analysis. The water requirements for representative types of energy conversion processes were developed using a case study approach. Cooling water requirements for each type of energy conversion process were estimated based upon a specific existing or proposed type of geothermal power plant. The make-up water requirements for each type of conversion process at each resource location were then estimated as a basis for analyzing any constraints on the megawatts which potentially could be developed.

  4. 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...

  5. 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

  6. 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.

  7. 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

  8. 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

  9. 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.

  10. Soil organic matter dynamics at the paramo and puna highlands in the Andean mountains

    Science.gov (United States)

    Ángeles Muñoz, M.; Faz, Ángel; Mermut, Ahmet R.; Zornoza, Raúl

    2014-05-01

    Mountains and uplands represent the most diverse and fragile ecosystems in the world, cover about 20% of the terrestrial surface and are distributed across all continents and major ecoregions. The Andean Plateau is the main mountain range of the American continent and one of the largest in the world with more than 7,500 km. The soil organic matter is a corner stone in the fertility management of the Andean agriculture as well as in the erosion control. However, its role is still much unknown in these ecosystems. Moreover, the influence of current global climatic change on soil organic C reservoirs and dynamics is still not clearly understood. The aim of this work was to review the soil C dynamics and the implication of the soil organic matter in the fertility management, erosion control, conservation of biodiversity and global climate change to improve the knowledge on the mountain Andean highlands. Climate, landscape, soil C pools, biomass and management were studied. In general, the Andean climate is affected by three main factors: ocean currents, winds and orography characterized by an abrupt topography. The entire Andean belt is segmented into the Northern, Central and Southern Andes. Northern Andes are called paramo and are characterized by humid climate while Central and Southern Andes dryer zones are called puna. Most of the region is tectonically and volcanically active. Sedimentary rocks predominated in the paramo while sedimentary, igneous and metamorphic ones prevailed in the puna. The most common soils were Andosols, Regosols, Umbrisols and Histosols. The cold and wet climate and the low atmospheric pressure favored organic matter accumulation in the soil. The accumulation of organic matter is further enhanced by the formation of organomineral complexes strongly resistant to the microbial breakdown mainly in the paramo. High organic C contents were observed in the paramo (10%) oppositely to the low contents found in the dryer puna (1%). The C/N ratio

  11. 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)

  12. 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

  13. 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...

  14. 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

  15. 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

  16. 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.

  17. 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

  18. 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

  19. 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.

  20. 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.

  1. 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

  2. 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.

  3. Draft Genome Sequence of the Polyextremophilic Halorubrum sp. Strain AJ67, Isolated from Hyperarsenic Lakes in the Argentinian Puna

    OpenAIRE

    Burguener, Germán Federico; Maldonado, Marcos Javier; Revale, Santiago; Fernández Do Porto, Darío Augusto; Rascovan, Nicolas; Vazquez, Martin Pablo; Farias, Maria Eugenia; Marti, Marcelo Adrian; Turjanski, Adrian

    2016-01-01

    Halorubrum sp. AJ67, an extreme halophilic, UV resistant archae that was isolated from Laguna Antofalla in the Argentinean Puna. The draft genome sequence suggests potent enzyme candidates that are essential to survive in multiple environmental extreme conditions, as high UV radiation, elevated salinity and the presence of critical arsenic concentration. Fil: Burguener, Germán Federico. Facultad de Ciencias Exactas y Naturales. Instituto de Cálculo. Plataforma de Bioinformática Argentina; ...

  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. Late Quaternary stratigraphy, sedimentology, and geochemistry of an underfilled lake basin in the Puna (north-west Argentina)

    Science.gov (United States)

    McGlue, Michael M.; Cohen, Andrew S.; Ellis, Geoffrey S.; Kowler, Andrew L.

    2013-01-01

    Depositional models of ancient lakes in thin-skinned retroarc foreland basins rarely benefit from appropriate Quaternary analogues. To address this, we present new stratigraphic, sedimentological and geochemical analyses of four radiocarbon-dated sediment cores from the Pozuelos Basin (PB; northwest Argentina) that capture the evolution of this low-accommodation Puna basin over the past ca. 43 cal kyr. Strata from the PB are interpreted as accumulations of a highly variable, underfilled lake system represented by lake-plain/littoral, profundal, palustrine, saline lake and playa facies associations. The vertical stacking of facies is asymmetric, with transgressive and thin organic-rich highstand deposits underlying thicker, organic-poor regressive deposits. The major controls on depositional architecture and basin palaeogeography are tectonics and climate. Accommodation space was derived from piggyback basin-forming flexural subsidence and Miocene-Quaternary normal faulting associated with incorporation of the basin into the Andean hinterland. Sediment and water supply was modulated by variability in the South American summer monsoon, and perennial lake deposits correlate in time with several well-known late Pleistocene wet periods on the Altiplano/Puna plateau. Our results shed new light on lake expansion–contraction dynamics in the PB in particular and provide a deeper understanding of Puna basin lakes in general.

  7. 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

  8. 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.

  9. 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

  10. 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.

  11. Response To And Lessons Learned From Two Back-To-Back Disasters At Kilauea Volcano, Puna District, Hawaii

    Science.gov (United States)

    Gregg, C. E.; Houghton, B. F.; Kim, K.

    2015-12-01

    The Puna District, Hawaii, is exposed to many natural hazards, including those associated with volcanic eruptions and tropical storms, but for decades Puna has also been the fastest growing District in the state due to its affordable real estate. In 2014, populated areas were affected by back-to-back hurricane and volcanic eruption crises. Both events were declared Presidential Disasters and tested response and recovery systems of many of Puna's 49, 000 residents, government services and businesses. This paper summarizes individual and organizational response to the two crises: the relatively rapid onset Tropical Storm Iselle, which made landfall in Puna on August 5 and the slow onset June 27 lava flow. The latter took some 2 months to advance to the edge of developed areas, prompting widespread community reaction. While the lava flows no longer pose an immediate threat to development because they are repaving remote, near-source and upflow areas, the lava could again advance into developed areas over similar time scales as in 2014. Puna is mostly a rural setting with many narrow, privately owned dirt roads. Some residents have no municipal electricity and water; they use solar and gasoline generators and rain catchment systems. High winds and collapse of exotic Albizia trees during Iselle isolated many residents, but people self-organized through social media to respond and recover. Social media and community meetings dominated information sharing during the lava crisis. Major expenses were incurred in response to the lava crisis, primarily through upgraded alternate roads that provide redundancy and construction of temporary school buildings linked to evacuation and relocation of students. Experiences during Iselle primed residents to rapidly self-organize and address the impending inundation by slow moving lava flows which advanced in uncertain directions at rates of 0-450 m/day. People's demand for constant and near-real time information from authorities placed

  12. 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...

  13. Quantifying the Plutonic to Volcanic Relationship Along the Puna Plateau: Implications for Cordilleran Plateau Evolution

    Science.gov (United States)

    Ward, K. M.; Delph, J. R.; Zandt, G.; Beck, S. L.; Ducea, M. N.

    2016-12-01

    Quantifying well constrained plutonic to volcanic (P:V) ratios is inherently difficult because the tectonic processes that exhume intrusive bodies rarely preserve their extrusive equivalents. Conversely, active magmatic systems that have well-preserved volcanic deposits require sophisticated geophysical or geochemical approaches to estimate their plutonic roots and even when these sophisticated approaches are available, it is not always clear what constitutes a plutonic volume. Further complicating the enigmatic plutonic to volcanic relationship is the highly episodic nature of pluton emplacement where magmatic flare-ups produce several orders of magnitude more magmatism when compared against magmatic lulls. Despite this inherent difficulty, a growing body of independently measured P:V ratios (e.g. seismic tomography, geomorphic modeling, geological mapping/dating, and Zircon age spectra modeling) suggests the contribution of magmatic addition as an uplift mechanism in Cordilleran systems is much larger than is currently accepted. However, it remains unclear if these studies can be generalized to represent type behavior in Cordilleran systems or result from the non-uniform sampling imposed by the ability to measure large P:V ratios in only a few select and potentially anomalous regions of the American Cordillera. To better examine the role of magmatic processes in building Cordilleran high plateaus, we image the crustal seismic shear-wave velocity for an 800 km section (20.5°-28°S) of the active South American Cordillera (Puna Plateau). When placed in the context of existing geological and geophysical datasets, our seismic model reveals numerous mid-crustal low-velocity zones that we unambiguously interpret as the plutonic underpinnings associated with the voluminous silicic volcanics of the Puna Plateau. These larger P:V ratios are consistent with recent thermomechanical modeling of granitic magma intrusions that support the existence of long-lived, partially

  14. Methane fluxes from a wet puna ecosystem in the Peruvian Andes

    Science.gov (United States)

    Jones, Sam; Diem, Torsten; Priscila Huaraca Quispe, Lidia; Quispe Ccahuana, Adan Julian; Meir, Patrick; Arn Teh, Yit

    2014-05-01

    Discrepancies exist between top-down and bottom-up estimates of the tropical South American atmospheric methane budget. This suggests that current source-sink inventories fail to adequately characterise the landscapes of the region. This may be particularly true of Andean environments where very few field observations have been made. The high tropical Andes, between tree and permanent snow-lines, is home to diverse grass, shrub and giant rosette dominated ecosystems known variously from Venezuela to northern Chile and Argentina as paramo, jalca and puna. In humid regions these are characterised by wet, organic-rich mineral soils, peat-forming wetlands and shallow lakes. Such conditions are likely to promote methane production and potentially represent a regionally significant source to the atmosphere that should be considered. We report on methane fluxes from a bunch-grass dominated puna habitat at 3500 m above sea level in south-eastern Peru. Mean annual temperature and precipitation are 11 °C and 2500 mm, respectively. Temperature is aseasonal but experiences considerable diurnal variations with overnight frosting common-place. In contrast, rainfall is intensely episodic and has a pronounced wet season between September and March. Sampling encompassed a range of topographic features, such as grassland on freely draining, gently inclined or steep slopes and depressions containing bogs, over a 3 ha ridge to basin transition. Monthly sampling was carried out between January 2011 and June 2013 to investigate seasonal variability in methane fluxes. Intensive sampling campaigns were conducted to investigate spatial and short-term variations on a daily basis in two nine-day campaigns during wet and dry season. The site was a net source of methane to the atmosphere during the period of study. Methane fluxes were dominated by emissions from bogs, whereas, freely draining grassland exhibited weak source or marginal sink activity. Temporal variations were most notable at

  15. Las ignimbritas del complejo volcánico Coranzuli (Puna Argentina-Andes Centrales

    Directory of Open Access Journals (Sweden)

    Martí, J.

    1987-12-01

    Full Text Available The Coranzulí is a large Upper Miocene volcanic complex located on a NE-SW and NW-SE regional faults intersection, at 66º 15' W 23º S, in the Northwest of Argentina in Jujuy province. It corresponds to one of four large volcanic complexes which represent the end of Transversal Volcanic Chaines in La Puna Argentina in the Central Andes. The volcanic activity was characterized by at least four separate ignimbrite eruptions which produced four different ignimbrite sheets. These are well welded, very crystal-rich, lithie poor ignimbrites and have a moderate to high pumice content. The total volume of the Coranzuli ignimbrites exeededs 650 Km3. Preliminary data indicate that the eruption oeeurred from a homogeneous magmatic chamber without zoning. The emplacement characteristics of the ignimbrites and the lack of basal or interbedded plinian fall deposits suggest that the eruptions developed quickly to massive proportions.El Coranzuli es uno de los grandes complejos volcánicos que representan el remate final de las Cadenas Volcánicas Transversales de la Puna Argentina, en los Andes Centrales. Se trata de un complejo volcánico del Mioceno superior situado a los 66º 15' W 23º S en el NW de Argentina en la provincia de Jujuy, en la intersección entre dos fallas regionales de dirección NE-SW y NW-SE, respectivamente. La actividad eruptiva se caracterizó por la existencia de, al menos, cuatro erupciones ignimbríticas que produjeron cuatro diferentes mantos ignimbríticos. Se trata de ignimbritas bien soldadas, muy ricas en cristales, pobre en fragmentos líticos y que presentan un contenido en fragmentos pumíticos de moderado a alto. El volumen total que representan estas ignimbritas supera los 650 km3. Los datos preliminares indican que el magma juvenil deriva de una cámara magmática homogénea no zonada. Las características de emplazamiento de estas ignimbritas, así como la falta de depósitos plinianos de caída en la base o

  16. 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

  17. 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.

  18. 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...

  19. 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...

  20. 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...

  1. 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...

  2. 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.

  3. 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...

  4. 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...

  5. 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...

  6. 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.

  7. 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

  8. 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

  9. Engineering and economic analysis for the utilization of geothermal fluids in a cane sugar processing plant. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Humme, J.T.; Tanaka, M.T.; Yokota, M.H.; Furumoto, A.S.

    1979-07-01

    The purpose of this study was to determine the feasibility of geothermal resource utilization at the Puna Sugar Company cane sugar processing plant, located in Keaau, Hawaii. A proposed well site area was selected based on data from surface exploratory surveys. The liquid dominated well flow enters a binary thermal arrangement, which results in an acceptable quality steam for process use. Hydrogen sulfide in the well gases is incinerated, leaving sulfur dioxide in the waste gases. The sulfur dioxide in turn is recovered and used in the cane juice processing at the sugar factory. The clean geothermal steam from the binary system can be used directly for process requirements. It replaces steam generated by the firing of the waste fibrous product from cane sugar processing. The waste product, called bagasse, has a number of alternative uses, but an evaluation clearly indicated it should continue to be employed for steam generation. This steam, no longer required for process demands, can be directed to increased electric power generation. Revenues gained by the sale of this power to the utility, in addition to other savings developed through the utilization of geothermal energy, can offset the costs associated with hydrothermal utilization.

  10. 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....

  11. 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.

  12. 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...

  13. 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

  14. 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.

  15. 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.

  16. Food menus evaluation for most liked products in children from Puna, region of Argentina.

    Science.gov (United States)

    Goldner, María Cristina; Lescano, Gerardo; Armada, Margarita

    2013-02-01

    The aim of this study was to investigate the acceptability of varied food menus, preferred by children of 11-14 years located at Puna (3500 m.a.s.l.), in young urban people. The children drew "the preferred menu" which showed that the consumption of vegetables as a main course was comfortable when it was consumed in the form of soups and mixed vegetables. However, some imbalances were detected when evaluating the percentage of daily nutritional values and the caloric distribution of nutrients. Consumer's hedonic scores showed significant acceptability to the cheese empanadas, Andean potato cake and Andean mashed potato. The free word association test suggested that, because of their relationship with culture, the Andean mashed potato, verde potato stew with charqui and anchi of apple could be offered as a traditional food. The acceptability of meals was largely related to the meals having the highest input of energy, fat and carbohydrates but containing the least content of protein and dietary fiber. Copyright © 2012 Elsevier Ltd. All rights reserved.

  17. Transformaciones vernáculas: Cambios y continuidades en las arquitecturas locales de la Puna Argentina

    Directory of Open Access Journals (Sweden)

    Julieta Barada

    2014-12-01

    Full Text Available Este artículo analiza la arquitectura que se está desarrollando en la Puna de la provincia de Jujuy, Argentina, a partir del estudio de caso llevado a cabo en la localidad de Coranzulí. La zona constituye un área de tierras altas que ha sido fundamental e históricamente un territorio pastoril de alta movilidad; condición asociada no solo a lo productivo, sino también a un particular modo de concepción del espacio y la arquitectura, materializado principalmente a través de distintas técnicas de construcción en tierra cruda. La progresiva urbanización del área, a lo largo del siglo XX, ha implicado grandes cambios en las formas de vida de las poblaciones locales, también en términos técnicos y arquitectónicos. Esta investigación indaga el modo en el que estas arquitecturas, producidas por distintos actores locales, se articulan, dialogan y asimismo discuten con aquellas provenientes de los ámbitos hegemónicos, para reflexionar, desde allí, acerca de la propia noción de lo vernáculo.

  18. 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)

  19. 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.

  20. 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)

  1. 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.

  2. 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

  3. 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…

  4. 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.

  5. 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.

  6. 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...

  7. Asociación Thysanoptera (Insecta-Vicia faba (Fabaceae en la Prepuna y Puna de Jujuy, Argentina Thysanoptera (Insecta-Vicia faba (Fabaceae association in Prepuna and Puna in Jujuy, Argentina

    Directory of Open Access Journals (Sweden)

    María Inés Zamar

    2012-03-01

    Full Text Available Los distintos estados fenológicos de Vicia faba ofrecen recursos alimenticios y sustratos para el desarrollo de una importante diversidad de insectos. Los objetivos de este estudio fueron: identificar el complejo de tisanópteros antófilos, analizar las fluctuaciones de las poblaciones, conocer aspectos bioecológicos y determinar el rol que cumplen en esta asociación. El estudio se realizó durante el período floración-fructificación del cultivo de haba, en dos etapas y regiones fitogeográficas de Jujuy: Prepuna (2 479msnm, semanalmente desde octubre-diciembre de 1995-1996 y Puna (3 367msnm, quincenalmente desde diciembre 2007-marzo 2008. Cada muestra consistió de 25 flores tomadas al azar; sólo en Prepuna se realizó un muestreo complementario de tres golpes/planta (n=10 plantas. Se realizaron observaciones sobre sitios de oviposición, ingreso a la flor, lugares de pupación, comportamiento alimenticio y lesiones producidas. En Prepuna, el complejo de tisanópteros está formado por Frankliniella australis, F. occidentalis, F. gemina, F. schultzei y Thrips tabaci; en Puna la diversidad específica está restringida a F. australis y F. gemina. A pesar de que el período siembra-cosecha no coincide en ambas áreas, las fluctuaciones de las poblaciones presentan un mismo patrón: a medida que avanza la floración aumenta el número de tisanópteros, que coincide con la disponibilidad del recurso alimenticio. En ambas áreas, F. australis es la especie dominante y mantiene poblaciones sucesivas en el cultivo; deposita los huevos en los botones florales y las larvas eclosionan cuando se produce la apertura de las flores; la alimentación de larvas y adultos ocasiona manchas plateadas con puntuaciones negras. En la Prepuna, F. australis atraviesa los estados inmaduros móviles en las flores y los quiescentes en el suelo; en la Puna, todos los estados de desarrollo transcurren dentro de las flores. Thrips tabaci, F. gemina, F. shultzei y F

  8. Analysis of the paleodiet from stable isotopes of carbon and nitrogen in the pre-Hispanic population of the puna of Jujuy (Argentina)

    International Nuclear Information System (INIS)

    Fuchs, Maria Laura; Cocilovo, Jose Alberto; Varela, Hector Hugo

    2015-01-01

    The aim of this study is to analyze the diet of individuals in the first stage of life from the Puna of Jujuy during the Late Period. The sample consisted of eleven teeth (third molars preferentially) belonging to adults from osteological collections of the Puna de Jujuy housed in the Ethnographic Museum and the Museum of La Plata. δ 13 C results indicated that most of the individuals had a mixed diet with high δ 15 N values. The latter can be explained by the arid climate or use of fertilizer in fields. The results were consistent with published data for the same region and neighboring areas, such as San Pedro de Atacama

  9. 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)

  10. 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)

  11. 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...

  12. 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...

  13. 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

  14. 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…

  15. 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.

  16. 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

  17. 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

  18. 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.

  19. CARACTERIZACIÓN FÍSIOGRÁFICA DE LA PUNA DE SAJAMA, CORDILLERA OCCIDENTAL DE LOS ANDES (BOLIVIA

    Directory of Open Access Journals (Sweden)

    Fernando Javier Santa Cecilia Mateos

    2015-01-01

    Full Text Available Este artículo aproxima a la realidad física de la cordillera Occidental de los Andes. Un espacio geográfico donde los caracteres geológicos relacionados con el vulcanismo adquieren una relevancia especial en la configuración del paisaje andino. Los nevados y llanuras intermedias o altiplanos, son los dos elementos que constituyen la imagen de la puna andina, un territorio situado por encima de los 4.000 metros, ámbito intermedio entre los valles húmedos o yungas y las más altas cumbres de los Andes. A la singularidad volcánica habría que añadir la relacionada con el modelado glaciar, los aspectos hidrográficos y la biogeografia en esta área. El artículo toma como ejemplo de estudio la puna de Sajama en eldepartamento de Oruro, en la frontera boliviano-chilena.Abstract. This article approaches the physical reality of the Western Cordillera of the Andes. A geographical space where characters related geological volcanism are of particular importance in shaping the landscape Andean. The intermediate plains or mountains and plateaus, are the two elements that make up the image of the Andean puna, an area located above 4,000 meters, the middle ground between Yungas wet valley and the highest peaks of the Andes. A volcanic uniqueness should add that related to glacier modeling, hydrographic aspects and biogeography in this area. The article uses the example of the highlands of Sajama study in thedepartment of Oruro in Bolivian-Chilean border.

  20. 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.

  1. 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)

  2. Contribuciones hacia la cronología del Periodo Arcaico en las punas de Junín

    OpenAIRE

    Kaulicke, Peter

    2012-01-01

    Some Contributions to the Chronology of the Archaic Period in the Punas of JunínThe stratigraphy and the typology from the Uchkumachay excavations are presented as well as preliminary results of a comparative study undertaken in collaboration with D. Lavallée and M. Julien. These data bear major importance on the building of a general chronology and synthesis of the Archaic Period which still is missing for the Junín area in spite of being one of the best studied areas in the Central Andes fo...

  3. 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.

  4. 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)

  5. 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.

  6. 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.

  7. 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...

  8. 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.

  9. 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

  10. 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.

  11. 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...

  12. 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.

  13. 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)

  14. 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.

  15. Seismic studies in the southern Puna plateau and the Peruvian Andes

    Science.gov (United States)

    Calixto Mory, Frank Jimmy

    I present three studies in two regions, both within the Central Andes. In both regions it is clear that there are significant variations in the subduction geometry. I have used surface wave tomography to investigate the shear wave velocity structure beneath the southern Puna plateau and found evidence of widespread melting of the crust beneath the high elevations which correlates with a gap in intermediate depth seismicity and the recent eruptions of ignimbrite complexes. All of these observations can be explained by the delamination of the lithospheric mantle beneath it. I measured Rayleigh wave phase velocities as a function of frequency and inverted then to obtain shear wave velocities as a function of depth. The results show a high velocity body sitting above the subducting Nazca plate beneath the northern edge of the Cerro Galan ignimbrite. This high velocity body is interpreted to be the delaminated piece of lithosphere that detached and sank leading to a localized upwelling of asthenosphere that, in turn, caused widespread crustal melting leading to the eruption of the most recent ignimbrite complexes. Furthermore it is possible that this upwelling also thermally eroded the slab in this region. It is apparent that there is a significant slab gap or hole where there are very few intermediate depth earthquakes. In addition, I have used shear wave splitting analysis and shear wave splitting tomography in the southern Puna plateau to investigate the patterns of seismic anisotropy and mantle flow. The results show very complex shear wave splitting and seismic anisotropy patterns throughout the southern Puna plateau. The observations suggest that different mechanisms are driving the mantle flow from region to region. The subslab mantle outside the region where delamination took place is mostly driven by slab roll back and small degree of coupling between the subducting slab and the mantle below it. In the region apparently dominated by delamination, the subslab

  16. 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

  17. 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).

  18. 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

  19. 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.

  20. 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.

  1. 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.

  2. 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.

  3. 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.

  4. Thermal biology in two syntopic lizards, Phymaturus extrilidus and Liolaemus parvus, in the Puna region of Argentina.

    Science.gov (United States)

    Gómez Alés, Rodrigo; Acosta, Juan Carlos; Laspiur, Alejandro

    2017-08-01

    Body temperature is the most important ecophysiological variable affecting reptiles' life history. Moreover, thermoregulation in ectotherms implies a struggle to reach preferred temperatures in natural conditions due to the influence of biotic and abiotic factors. Our objective was to evaluate and compare the thermal biology of two syntopic species, Phymaturus extrilidus and Liolaemus parvus, in the Puna region of San Juan, Argentina. We determined body temperature (T b ), micro-environmental temperatures (T a and T s ) and operative temperatures (T e ) in the field. In the laboratory, we measured preferred temperatures (T pref ) and calculated the index of thermoregulatory efficiency (E). Neither body temperatures in the field nor preferred temperatures varied between seasons and sexes. Body temperatures were lower than preferred temperatures for both species. Nevertheless, regardless of the low thermal offer available in habitat, both species did achieve body temperatures higher than operative temperatures during activity. Thermoregulatory effectiveness was moderate in P. extrilidus (E=0.65), while L. parvus presented greater thermoregulatory efficiency (E=0.78). We conclude that under the rigorous climate conditions of the Puna, Phymaturus extrilidus and Liolaemus parvus are able to actively and efficiently thermoregulate, maintaining body temperatures close to the preferred and higher than those of its habitat. Differences in thermal characteristics between Phymaturus extrilidus and Liolaemus parvus are a consequence of differential limitations imposed on each species by the environment and of forces inherent to their life histories. Copyright © 2017 Elsevier Ltd. All rights reserved.

  5. 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...

  6. A glassy lava flow from Toconce volcano and its relation with the Altiplano-Puna Magma Body in Central Andes

    Science.gov (United States)

    Godoy, B.; Rodriguez, I.; Aguilera, F.

    2012-12-01

    Toconce is a composite stratovolcano located at the San Pedro - Linzor volcanic chain (SPLVC). This volcanic chain distributes within the Altiplano-Puna region (Central Andes) which is characterized by extensive rhyodacitic-to-rhyolitic ignimbritic fields, and voluminous domes of dacitic-to-rhyolitic composition (de Silva, 1989). The felsic melts that gave origin to ignimbrites and domes at this area were generated by mixing of mantle-derived magmas and anatectic melts assimilated during their ascent through the thick crust. Thus, partially molten layers exist in the upper crust below the APVC (de Silva et al., 2006). Evidence of large volumes of such melts has been also proposed by geophysical methods (i.e. the Altiplano-Puna Magma Body; Chmielowsky et al., 1999) In this work, petrography and whole rock, mineralogical and melt inclusions geochemistry of a glassy lava flow of Toconce volcano are presented. Petrographically, this lava flow shows a porphyric texture, with euhdral to subhedral plagioclase, ortho- and clino-pyroxene phenocrysts immersed in a glassy groundmass. Geochemically, the lava flow has 64.7% wt. SiO2. The glassy groundmass (~70% wt. SiO2) is more felsic than all the lavas in the volcanic chain (47-68% wt., Godoy et al., 2011). Analyzed orthopyroxene-hosted melt inclusions show an even higher SiO2 content (72-75% wt.), and a decreasing on Al2O3, Na2O, and CaO content with differentiation. Crystallization pressures of this lava flow, obtained using Putirka's two-pyroxene and clinopyroxene-liquid models (Putirka, 2008), range between 6 and 9 kbar. According to crystallization pressures, and major element composition, a felsic source located at shallow crustal pressures - where plagioclase is a stable mineralogical phase - originated the inclusions. This could be related to the presence of the Altiplano-Puna Magma Body (APMB) located below SPLVC. On the other hand, glassy groundmass, and disequilibrium textures in minerals of this lava flow could

  7. 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…

  8. 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)

  9. 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.

  10. 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.

  11. 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.

  12. 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...

  13. 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...

  14. 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.

  15. 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.

  16. 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.

  17. 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

  18. 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)

  19. 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

  20. 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

  1. 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.

  2. 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.

  3. 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...

  4. 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.

  5. 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

  6. 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.

  7. 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...

  8. 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

  9. 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...

  10. '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....

  11. 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.

  12. 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.

  13. 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...

  14. 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

  15. 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.

  16. 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

  17. 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.

  18. 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.

  19. 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

  20. 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.

  1. 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.

  2. 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.

  3. 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.

  4. 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...

  5. 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

  6. 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

  7. 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

  8. 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...

  9. 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)

  10. 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).

  11. 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.

  12. 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

  13. 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.

  14. 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

  15. 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)

  16. 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.

  17. 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

  18. 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

  19. 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.

  20. 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...

  1. 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.

  2. 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

  3. 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

  4. 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.

  5. 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.

  6. 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)

  7. 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

  8. 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.

  9. 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

  10. Nódulos opalinos en facies marginales del salar Olaroz (Puna Argentina

    Directory of Open Access Journals (Sweden)

    Alonso, R.

    1989-04-01

    Full Text Available This article reports the results of a petrological and geochemical study of silica nodules from Quaternary alluvial fallS of the Olaroz Salar. The nodules are mainly constituted by C-T opal, d. (101 spacing to 4,11 A, implying a high-disorder; this is commonly observed in opa! rocks formed in near surface environments, without burial and heating. The chemical composition of the nodules is anomalous when compared with other typical silica-rocks formed in arid continental closed basin, without any eruptive environments (for instance the Cuenca del Tajo in Spain. The siliceous nodules do not have the characteristics of the silcretes and are not associated to the evaporitic facies of the salar. Their genesis is probably related to contamination of groundwater of the alluvial fan with high-silica thermal water. The C-T opal would thus precipitate by either displacing tbe terrigenous host-rock or replacing previous ulexite nodules.Se realiza un estudio petrológico y geoquímico de los nódulos silíceos que se encuentran incluidos en sedimentos terrígenos cuaternarios de la Cuenca de Olaroz (La Puna, Argentina. Estos nódulos se localizan en abanicos aluviales que aparecen encajados, debido a los cambios en el nivel de base que se produce desde el Pleistoceno a la actualidad, durante la evolución de los cuerpos lacustres a salares. Un estudio mediante DRX revela que son rocas constituidas por ópalo C-T, con un espaciado (101 a 4,11 A, que implica un grado de desorden alto, típico de las rocas silíceas formadas en superficie y que no han sufrido enterramiento ni influencia térmica. Su composición química es anómala si se compara con rocas silíceas continentales formadas en ambiente endorreico y fuera de un marco volcánico (Mioceno de la Cuenca del Tajo. No poseyendo características de silcretas y no estando asociadas a la sedimentación evaporítica de los salares, se considera la influencia de aguas termales. La contaminación local y en

  11. 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

  12. 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

  13. 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)

  14. 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.

  15. 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 ...

  16. 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

  17. 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

  18. 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

  19. 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

  20. 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.

  1. 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

  2. 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.

  3. 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)

  4. 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....

  5. 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.

  6. 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.

  7. 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

  8. 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...

  9. 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...

  10. 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.

  11. 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)

  12. 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)

  13. 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)

  14. 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

  15. Morbimortalidad femenina en la Puna jujeña: potencialidad de la técnica autopsia verbal Female morbimortality in Puna jujeña: the potential for verbal autopsy

    Directory of Open Access Journals (Sweden)

    Raquel Irene Drovetta

    2008-01-01

    Full Text Available Desde este espacio proponemos un plan de trabajo que nos permita indagar las particularidades de los procesos de salud-enfermedad-atención de las mujeres de las comunidades campesinas de la Puna jujeña, en el norte de Argentina. La etapa en estudio abarca desde inicios de la década del 1990 hasta la actualidad, periodo que se corresponde con la agudización de una crisis socioeconómica que repercutió en todos los ámbitos, incluidos el de la salud. Una forma de dar cuenta de la problemática que afecta a esta población, es el análisis de los procesos de morbimortalidad femenina por causas reproductivas, a fin de determinar la incidencia de los factores socioeconómicos, culturales, étnicos, de género, entre otros, en la instalación de procesos mórbidos y en su desenlace. Para tal fin, utilizamos la autopsia verbal como técnica de recolección de datos, un método cualitativo mediante el cual podemos reconstruir los procesos previos a la muerte según la percepción de los familiares más cercanos de la fallecida para dar cuenta de las particularidades de esta etapa.The article proposes a plan for exploring the processes of women's health-illness-care in peasant communities in Puna jujeña, in northern Argentina. The phase in question runs from the early 1990s to the present time, a period concurrent with a deepening of the socioeconomic crisis that has impacted all spheres, including healthcare. One way of approaching the issues affecting this population is to analyze female morbimortality as related to reproductive concerns and to ascertain the socioeconomic, cultural, ethnic, gender, and other factors involved in morbid processes and their development. Data was collected by verbal autopsy, a qualitative method that allows us to reconstruct processes preceding death, in the eyes of the closest family members. This study is part of doctoral research being undertaken in Agrarian Social Studies at the Universidad Nacional de C

  16. 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

  17. 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.

  18. 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.

  19. 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

  20. 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)

  1. 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

  2. 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)

  3. 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....

  4. 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...

  5. 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...

  6. 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.

  7. 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.

  8. 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.

  9. 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…

  10. 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...

  11. 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

  12. 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.

  13. 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...

  14. 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

  15. 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

  16. 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

  17. 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

  18. 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

  19. 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…

  20. 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

  1. 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,…

  2. 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...

  3. 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)

  4. 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...

  5. 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

  6. 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...

  7. 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...

  8. 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...

  9. 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

  10. 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.

  11. 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

  12. 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

  13. 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.)

  14. 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

  15. 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

  16. 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)

  17. 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.

  18. 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.

  19. "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

  20. 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

  1. 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

  2. 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.

  3. 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

  4. 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.

  5. Unveiling current Guanaco distribution in chile based upon niche structure of phylogeographic lineages: Andean puna to subpolar forests.

    Science.gov (United States)

    González, Benito A; Samaniego, Horacio; Marín, Juan Carlos; Estades, Cristián F

    2013-01-01

    Niche description and differentiation at broad geographic scales have been recent major topics in ecology and evolution. Describing the environmental niche structure of sister taxa with known evolutionary trajectories stands out as a useful exercise in understanding niche requirements. Here we model the environmental niche structure and distribution of the recently resolved phylogeography of guanaco (Lama guanicoe) lineages on the western slope of the southern Andes. Using a maximum entropy framework, field data, and information on climate, topography, human density, and vegetation cover, we identify differences between the two subspecies (L.g.cacsilensis, L.g.guanicoe) and their intermediate-hybrid lineage, that most likely determine the distribution of this species. While aridity seems to be a major factor influencing the distribution at the species-level (annual precipitation ecological and/or evolutionary processes are shaping the niche of guanacos in Chile, producing discrepancies when comparing range distribution at the species-level (81,756 km(2)) with lineages-level (65,321 km(2)). The subspecies-specific description of niche structure is provided here based upon detailed spatial distribution of the lineages of guanacos in Chile. Such description provides a scientific tool to further develop large scale plans for habitat conservation and preservation of intraspecific genetic variability for this far ranging South American camelid, which inhabits a diversity of ecoregion types from Andean puna to subpolar forests.

  6. Rapid Geodetic Shortening Across the Eastern Cordillera of NW Argentina Observed by the Puna-Andes GPS Array

    Science.gov (United States)

    McFarland, Phillip K.; Bennett, Richard A.; Alvarado, Patricia; DeCelles, Peter G.

    2017-10-01

    We present crustal velocities for 29 continuously recording GPS stations from the southern central Andes across the Puna, Eastern Cordillera, and Santa Barbara system for the period between the 27 February 2010 Maule and 1 April 2014 Iquique earthquakes in a South American frame. The velocity field exhibits a systematic decrease in magnitude from 35 mm/yr near the trench to convergence accommodated at the subduction interface. Velocity residuals calculated for each model demonstrate that locking on the NZ-SA interface is insufficient to reproduce the observed velocities. We model deformation associated with a back-arc décollement using an edge dislocation, estimating model parameters from the velocity residuals for each forward model of the subduction interface ensemble using a Bayesian approach. We realize our best fit to the thrust-perpendicular velocity field with 70 ± 5% of NZ-SA convergence accommodated at the subduction interface and a slip rate of 9.1 ± 0.9 mm/yr on the fold-thrust belt décollement. We also estimate a locking depth of 14 ± 9 km, which places the downdip extent of the locked zone 135 ± 20 km from the thrust front. The thrust-parallel component of velocity is fit by a constant shear strain rate of -19 × 10-9 yr-1, equivalent to clockwise rigid block rotation of the back arc at a rate of 1.1°/Myr.

  7. Viajes comerciales de intercambio en el departamento de Antofagasta de la Sierra, Puna meridional argentina: pasado y presente.

    Directory of Open Access Journals (Sweden)

    García, Silvia P.

    2002-05-01

    Full Text Available Los viajes hacia valles interserranos a lomo de mula fueron una experiencia compartida por todos en esta región de la puna argentina, hasta hace veinte años. En este trabajo se relacionan los datos obtenidos a través de entrevistas a informantes en el departamento de Antofagasta de la Sierra, con los surgidos tras la consulta de las Actas del Registro Civil y se arriba a conclusiones respecto de los vínculos de parentesco que unieron a quienes comerciaban e intercambiaban mercaderías producidas en alturas diferentes. También se compara la situación de entonces con la actualidad. En la capital del departamento los viajes de intercambio han desaparecido casi en su totalidad, en cambio en otras poblaciones del mismo departamento se han modificado incluyendo en ellos a las mercaderías obtenidas por compra y utilizando la sal como principal elemento de canje.

  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. New U-Pb ages in the Diablillos Intrusive Complex, Southern Puna, Argentina: A long magmatic event in the Paleozoic Arc, SW Gondwana

    Energy Technology Data Exchange (ETDEWEB)

    Ortiz, Agustin; Hauser, Natalia [Universidade de Brasilia (UnB), DF (Brazil). Instituto de Geociencias. Lab. de Geocronologia; Becchio, Raul; Nieves, Alexis; Suzano, Nestor [Universidad Nacional de Salta (UNSa)-CONICET, Salta (Argentina)

    2015-07-01

    The Puna geological region comprises Salta, Jujuy and Catamarca provinces, northwestern Argentina. This 4000 meter above sea level high-plateau region lies between the Central Argentinian Andes. The Puna basement in the central Andes consists of Proterozoic–Paleozoic metamorphic rocks and granitoids. Diverse authors, proposed different models to explain the origin of the basement, where two orogenic events are recognized: the Pampean (Upper Precambrian–Lower Cambrian) and Famatinian (Upper Cambrian–Lower Silurian) (e.g. Ramos et al., 1986; Ramos, 1988; Loewy et al., 2004; for opposite points of view see Becchio et al., 1999; Bock et al., 2000; Buttner et al., 2005). Hence, Lucassen et al. (2000) proposed for the Central Andean basement, an evolution in a mobile belt, where the Pampean and Famatinian cycles are not distinct events but, they are one single, non-differentiable event from 600 to 400 Ma. The mobile belt culminated in low-P/ high-T metamorphism at approximately 525-500 Ma. Then, these were followed by a long-lasting high-thermal gradient regime in the mid-crust until Silurian times. Becchio et al., (2011) defined the Diablillos Intrusive Complex (CID, by its Spanish name), emplaced in the Inca Viejo Range. This range splits the Salares Ratones-Centenario with the Salar Diablillos (Fig.1). This Complex is located in the Eastern Magmatic Belt, Southern Puna, Argentina. Here we present new zircons U-Pb ages by LA-MC-ICPMS in the Diablillos Intrusive Complex, contributing to understanding the magmatic event in the lower Paleozoic arc, SW Gondwana. (author)

  8. New U-Pb ages in the Diablillos Intrusive Complex, Southern Puna, Argentina: A long magmatic event in the Paleozoic Arc, SW Gondwana

    International Nuclear Information System (INIS)

    Ortiz, Agustin; Hauser, Natalia

    2015-01-01

    The Puna geological region comprises Salta, Jujuy and Catamarca provinces, northwestern Argentina. This 4000 meter above sea level high-plateau region lies between the Central Argentinian Andes. The Puna basement in the central Andes consists of Proterozoic–Paleozoic metamorphic rocks and granitoids. Diverse authors, proposed different models to explain the origin of the basement, where two orogenic events are recognized: the Pampean (Upper Precambrian–Lower Cambrian) and Famatinian (Upper Cambrian–Lower Silurian) (e.g. Ramos et al., 1986; Ramos, 1988; Loewy et al., 2004; for opposite points of view see Becchio et al., 1999; Bock et al., 2000; Buttner et al., 2005). Hence, Lucassen et al. (2000) proposed for the Central Andean basement, an evolution in a mobile belt, where the Pampean and Famatinian cycles are not distinct events but, they are one single, non-differentiable event from 600 to 400 Ma. The mobile belt culminated in low-P/ high-T metamorphism at approximately 525-500 Ma. Then, these were followed by a long-lasting high-thermal gradient regime in the mid-crust until Silurian times. Becchio et al., (2011) defined the Diablillos Intrusive Complex (CID, by its Spanish name), emplaced in the Inca Viejo Range. This range splits the Salares Ratones-Centenario with the Salar Diablillos (Fig.1). This Complex is located in the Eastern Magmatic Belt, Southern Puna, Argentina. Here we present new zircons U-Pb ages by LA-MC-ICPMS in the Diablillos Intrusive Complex, contributing to understanding the magmatic event in the lower Paleozoic arc, SW Gondwana. (author)

  9. 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.

  10. 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.

  11. 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

  12. 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

  13. 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

  14. 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.

  15. 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.

  16. Diagnóstico socio-ambiental para un desarrollo sustentable de la Puna Meridional Argentina, Localidad de Antofagasta de la Sierra, Catamarca

    Directory of Open Access Journals (Sweden)

    Liliana M. Manzi

    2008-05-01

    Full Text Available Se presenta un diagnóstico socio-ambiental realizado en la comunidad de Antofagasta de la Sierra, Provincia de Catamarca, Argentina, siendo tomados en consideración las unidades sociales de producción, los rebaños, las pasturas disponibles y los patrones de uso y tenencia de la tierra. Se pretende identificar y evaluar la incidencia del actual uso del espacio sobre el medio natural y discutir las iniciativas oficiales de desarrollo económico para este sector de la Puna argentina.

  17. Analyses of stable isotopes in camelids collagen bones from Tulan Ravine, Atacama Puna, early formative period (CA 3,1000-2,400BP)

    International Nuclear Information System (INIS)

    Lopez, Patricio; Cartajena, Isabel; Nunez, Lautaro

    2013-01-01

    This paper presents the results of isotope analysis (δ 13 C y δ 15 N) conducted on bone collagen found in Lama guanicoe and Lama glama remains from Tulan-85 and Tulan-54 archaeological sites. Both sites have been dated to the Early Formative Period (ca. 3,100-2,400 ap) and are located southeast of the Atacama Puna basin. Faunal samples were selected using anatomical and morphometric criteria. The results indicate divergences in the diets of both species, reflecting vegetation variation in the Tulan Quebrada caused by altitude differences and linked to hunting and herding areas [es

  18. 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)

  19. 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

  20. 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)

  1. 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.

  2. 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.

  3. 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.

  4. 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

  5. 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)

  6. 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

  7. 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

  8. 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)

  9. 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)

  10. 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.

  11. Mineralogy, structural control and age of the Incachule Sb epithermal veins, the Cerro Aguas Calientes collapse caldera, Central Puna

    Science.gov (United States)

    Salado Paz, Natalia; Petrinovic, Iván; Do Campo, Margarita; Brod, José Affonso; Nieto, Fernando; da Silva Souza, Valmir; Wemmer, Klauss; Payrola, Patricio; Ventura, Roberto

    2018-03-01

    The Incachule Sb epithermal veins is located near to the N-E rim of the Cerro Aguas Calientes collapse caldera (17.5-10.8 Ma), in the geologic province of Puna, Salta- Argentina. It is hosted in Miocene felsic volcanic rocks with continental arc signature. The district includes twelve vein systems with mineralization of Sb occurring in hydrothermal breccias and stockwork. The veins are composed of quartz-sulfide with pyrite, stibnite and arsenopyrite. All around the veins, wall rocks are variably altered to clay minerals and sulfates in an area of around 2.5 km wide by more than 7 km long. The hydrothermal alterations recognized are: silicic, phyllic and argillic. The veins are characterized by high contents of Sb, As, and Tl and intermediate contents of Pb-Zn-Cu, and traces of Ag and Au. Homogenization and ice-melting temperatures of fluid inclusions vary from 125 °C to 189 °C and -2.4 °C to -0.8 °C. The isotopic data indicated a range of δ34S -3.04‰ to +0.72‰ consistent with a magmatic source for sulfur. We present the firsts K-Ar ages for hydrothermal illite/smectite mixed layers (I/SR1, 60% illite layers) and illite that constrain the age of the ore deposit (8.5-6.7 ± 0.2 Ma). The data shown here, let characterized the Incachule district as a shallow low sulfidation epithermal system hosted in a collapse caldera. Our data also indicate that mineralization is structurally controlled by a fault system related to the 10.3 Ma collapse of Aguas Calientes caldera. The interpreted local stress field is consistent with the regional one.

  12. Late Miocene ignimbrites at the southern Puna-northern Sierras Pampeanas border (˜27°S): Stratigraphic correlation

    Science.gov (United States)

    Montero-López, Carolina; Guzmán, Silvina; Barrios, Fabiola

    2015-10-01

    New field observations and petrographic and geochemical data of pyroclastic deposits exposed along the Las Papas valley (border between southern Puna and northern Sierras Pampeanas, Argentina) and further north, lead us to propose a new stratigraphic correlation and classification of the late Miocene volcanism in this area. We redefine the Las Papas, Las Juntas, Aguada Alumbrera and Rosada ignimbrites and define the Agua Caliente and Del Medio ignimbrites. The whole set of ignimbrites are rhyolites and less frequently dacites of calc-alkaline affinity. In the present contribution we divide ignimbrites into the Agua Negra and Rincón groups, based mainly on their geochemical signature. The Agua Negra Group is formed by the Las Papas and Las Juntas ignimbrites, indurated and welded, lithic-rich, with crystal-poor pumices and crystal-rich matrix. The Rincón Group comprises the Agua Caliente, Aguada Alumbrera, Rosada and Del Medio ignimbrites, with variable welding degrees, lithic and crystal content. The greater enrichment of crystals in the matrix in comparison with the crystal content in pumices indicates significant elutriation during flow transport and thus volume estimations are to be considered lower bounds for the actual erupted volume. The total minimum estimated volume for the ignimbrites of the Agua Negra and Rincón groups is 2.8 km3 (2.3 km3 DRE). Field relationships and new analytical data indicate that the different acid ignimbrites that crop out in this small area are related to at least two different magma chambers. The widespread Quaternary volcanism in this area covers the older deposits, thus making it difficult to recognize the volcanic centers that produced these late Miocene ignimbrites.

  13. 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...

  14. 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.

  15. 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)

  16. 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)

  17. 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

  18. 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.)

  19. 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

  20. 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)

  1. 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.

  2. 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

  3. 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.

  4. 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.

  5. 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.

  6. 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.

  7. 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.

  8. 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

  9. 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)

  10. 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.

  11. 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

  12. 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.

  13. 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

  14. 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.

  15. 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.

  16. 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.

  17. 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...

  18. 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...

  19. 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 ...

  20. 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 ...