Enhanced Oil Resources Inc. and GreenFire Energy Work Together to Develop CO2 based Geothermal Power

[Nathanael]

This technology might be the future of carbon sequestration:




Enhanced Oil Resources Inc. (TSX-V: EOR) is partnering with GreenFire Energy to evaluate the potential for CO2-based geothermal power production in the St. Johns Dome area -- in Arizona and New Mexico.

The joint venture will construct a plant that will utilize naturally occurring carbon dioxide (CO2) from the St. Johns Dome area to drive a demonstration geothermal power facility.

Volcanic activity long ago gave the St. Johns Dome area potentially the largest undeveloped source of carbon dioxide in North America. The area is ideally suited for the project due to its combination of a large volume of low-cost, pure, natural CO2, the likely presence of a thermal reservoir underlying the region, and a local connection into the power grid.

The project will use Greenfire’s new CO2G technology. Unlike conventional water-based geothermal energy CO2G uses carbon dioxide as the working fluid...


Link: http://www.energyboom.com/geothermal/enhanced-oil-resources-inc-and-greenfire-energy-work-together-develop-co2-based-geotherma