GEOTHERMAL HEAT PUMPS THE “PLAYBOOK” Jack DiEnna Executive Director The Geothermal National & International Initiative (GEO-NII)

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<ul><li> Slide 1 </li> <li> GEOTHERMAL HEAT PUMPS THE PLAYBOOK Jack DiEnna Executive Director The Geothermal National &amp; International Initiative (GEO-NII) </li> <li> Slide 2 </li> <li> Slide 3 </li> <li> EVEN THOUGHT WE ARE ALL COMPETITORS WE SHOULD ALL BE ON THE SAME TEAM-------- AND AS A TEAM WE SHOULD HAVE A PLAYBOOKSpeaking from it, Quoting it. </li> <li> Slide 4 </li> <li> HOUSEKEEPING What do we call it Geothermal, Ground Source, GeoExchange. The feds call it geothermal heat pumps. They are ground loops, boreholes not WELLS (unless you are doing an open system) </li> <li> Slide 5 </li> <li> QUESTION HOW OLD IS GEOTHERMAL HEAT PUMP TECHNOLOGY. Answer: It is a 60 year old technology. </li> <li> Slide 6 </li> <li> FACT GHPs were first written up in the October 25 th 1948 issue of Life magazine. In 1954, 3 professors from the University of Wisconsin, determined that a cubic foot of ordinary soil has a heat capacity of 40 btus (when cooled 1 degree F) and that the ground was a heat source that was present everywhere. </li> <li> Slide 7 </li> <li> QUESTION???? What % of Primary Energy does the DOE state that building Lighting, appliances, space conditioning and water heating account for </li> <li> Slide 8 </li> <li> ANSWER 36% And 40% of the total energy used in those buildings is for space conditioning and water heating. This is much more than the total energy used in the transportation Industry.. So then why are we talking about CARS!!!! </li> <li> Slide 9 </li> <li> The ENERGY UNDER OUR FEET A four ton system extracts an equivalent of 8.94 Kilowatts of energy per hour from the ground. (NREL) That equates to 30,510 BTUs being extracted every hour, 24 / 7, 365 days a year. (one Kilowatt equals 3413 BTUs) </li> <li> Slide 10 </li> <li> Question.. Are GHPs RENEWABLE? Answer: According to the latest description by DOE, a Geothermal heat pump is a highly efficient RENEWABLE energy technology. </li> <li> Slide 11 </li> <li> QUESTION. How much can I SAVE!!!! AnswerSavings from 10% to 40% have been achieved with GHP technology. TRY NOT TO OVER PROMISE. </li> <li> Slide 12 </li> <li> Question? What is the PAYBACK??? Answer.. 2 years, 4 years, immediate ?? What would you say. </li> <li> Slide 13 </li> <li> One of the problems of our industry is that we continually talk about PRICE, We have to change that to. VALUE. </li> <li> Slide 14 </li> <li> Geothermal Heat Pumps deliver Triple E Solutions Energy Independence &amp; Security Environmental Stability Economic Prosperity </li> <li> Slide 15 </li> <li> Question: How much energy is saved per ton of capacity installed. Answer. According to a study done by NREL, there is a reduction of.55 to.88 Kw reduced per ton of installed capacity. </li> <li> Slide 16 </li> <li> QUESTION: What is the % of Green house gas emissions do GHPs reduce according to the EPA. ANSWER .. 40% </li> <li> Slide 17 </li> <li> Question: How many JOBS does this technology account for??? Answer: For every Commercial project there are 22 job classifications either created or retained. (12 manufacturing, 10 field) </li> <li> Slide 18 </li> <li> Slide 19 </li> <li> Slide 20 </li> <li> Avoided Power </li> <li> Slide 21 </li> <li> Slide 22 </li> <li> Slide 23 </li> <li> The One Million Units: Has an annual savings of over 8 Billion kWh and a reduction of electric demand by over 2.6 million Kw. </li> <li> Slide 24 </li> <li> The Road to 30% With 30% of the (residential &amp; commercial) HVAC market there would be a savings of 177,239,835 kWh and a demand reduction of 36,564,000 kW or 36,564 mW. This would increase dramatically if we included the institutional market. </li> <li> Slide 25 </li> <li> This would mean a carbon would be reduced by 35,486,053 metric tons and CO2 would be reduced by 130,115,529 metric tons. This is the equivalence of removing approximately 29 million cars off the road or planting over 8 billion trees. </li> <li> Slide 26 </li> <li> AND It would mean the creation or retention of over 5 MILLION jobs. (Jobs may or may not be mutually exclusive. Individual jobs may be performed by the same individual in a particular classification or position.) </li> <li> Slide 27 </li> <li> What should we do. Demand that everyone be certified. That standards be adopted to protect the integrity of the technology. We need to start capturing the metrics, the when, where, how and expectations of projects. </li> <li> Slide 28 </li> <li> In a recent report by EurObservER there have been over 1 million installations in the European Union In fact, in January of this year, Mimer Energy signed a joint venture with West Warwick, RI to provide GHPs to all the business and municipal buildings in the Center of Town. </li> <li> Slide 29 </li> <li> REMEMBER Geothermal Heat Pumps go beyond being a GREEN Technology They are a GOLD technology. </li> <li> Slide 30 </li> <li> If you have any questions or need further information please contact me at 610-659-4998 or e-mail me at jdienna@geo-nii.org </li> </ul>