{"id":2220,"date":"2017-05-09T00:00:00","date_gmt":"2017-05-09T00:00:00","guid":{"rendered":"http:\/\/www.innovationanthology.com\/import\/2018\/02\/01\/innovation-anthology-866\/"},"modified":"2018-03-22T22:18:41","modified_gmt":"2018-03-22T22:18:41","slug":"innovation-anthology-866","status":"publish","type":"post","link":"https:\/\/www.innovationanthology.com\/import\/2017\/05\/09\/innovation-anthology-866\/","title":{"rendered":"#866: Dr Jonathan Banks:  Geothermal Provides Consistent Baseload Power"},"content":{"rendered":"<p><a href=\"http:\/\/innovationanthology.com\/uploads\/Innovation Anthology 866.mp3\">Download MP3 Link<\/a><\/p>\n<p><span style=\"font-family: Arial;\"><span style=\"color: rgb(51, 51, 51); font-size: 14px;\">Wind and solar are significant sources of renewable energy.<\/span><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><span style=\"color: rgb(51, 51, 51); font-size: 14px;\">But without battery storage, these are still inconsistent in supply.<\/span><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><span style=\"color: rgb(51, 51, 51); font-size: 14px;\">That&#8217;s where geothermal power has an advantage.<\/span><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><span style=\"color: rgb(51, 51, 51); font-size: 14px;\">Researcher Dr. Jonathan Banks explains what he calls &quot;baseload power&quot;.<\/span><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><span style=\"color: rgb(51, 51, 51); font-size: 14px;\"><span style=\"font-weight: bold;\">DR JONATHAN BANKS: <\/span>&nbsp;<span style=\"font-style: italic;\">As opposed to wind or solar which have capacity factors of 15 or 25 percent, a geothermal power plant has a capacity factor of over 95 percent. &nbsp;So you turn it on and it is producing close to its nameplate capacity for 95 percent of the year. &nbsp;So no need for battery storage. &nbsp;In fact, we do look in a sort of more innovative, more experimental manner, we look for geothermal wells as heat batteries. &nbsp;So instead of using solar power electric with a photovoltaic cell, we can produce solar electricity with a concentrated solar plant, where the heat from the sun is concentrated, and then that&#8217;s used to to drive a steam turbine, while in the wintertime, we can store excess heat that we collect in the summer in the geothermal well itself.<\/span><\/span><span style=\"color: rgb(51, 51, 51); font-size: 14px;\"><\/span><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><span style=\"color: rgb(51, 51, 51); font-size: 14px;\">Dr. Banks says his next steps will look at new technologies, economics and policy framework required to successfully implement geothermal power.<\/span><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><span style=\"font-style: italic;\"><span style=\"color: rgb(51, 51, 51); font-size: 14px;\">Thanks today to <span style=\"font-weight: bold;\">ALBERTA INNOVATES<\/span><\/span><span style=\"font-weight: bold;\"><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><span style=\"color: rgb(51, 51, 51); font-size: 14px;\">Listen to the full interview with Dr. Jonathan Banks at INNOVATION ANTHOLOGY.COM<\/span><\/span><\/span><span style=\"font-weight: bold;\"><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><br style=\"color: rgb(51, 51, 51); font-size: 14px;\" \/><span style=\"color: rgb(51, 51, 51); font-size: 14px;\">I&#8217;M CHERYL CROUCHER<\/span><\/span><\/span><\/p>\n<h2>Guest<\/h2>\n<h3> , <\/h3>\n<h4>, , , , <\/h4>\n<h2>Sponsor<\/h2>\n<h3><a href=\"http:\/\/www.albertainnovates.ca\">Alberta Innovates<\/a><\/h3>\n<div style=\"text-align: justify;\">\n<div class=\"et_pb_column et_pb_column_1_4  et_pb_column_1\">\n<div class=\"et_pb_text et_pb_module et_pb_bg_layout_light et_pb_text_align_left  et_pb_text_0\">\n<div class=\"page\" title=\"Page 2\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p><span style=\"font-family: Arial; font-size: small;\"><span style=\"font-weight: bold;\">Alberta Innovates<\/span> is a provincially funded Corporation with a mandate to deliver 21st century solutions for the most compelling challenges facing Albertans. We do this by building on our province&rsquo;s research and technology development strengths in the core sectors of health, environment, energy, food and fibre and platforms such as artificial intelligence, nanotechnology, and omics. We are working with our partners to diversify Alberta&rsquo;s economy, improve our environmental performance and enhance our well-being through research and innovation.&nbsp;<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"et_pb_text et_pb_module et_pb_bg_layout_light et_pb_text_align_left  et_pb_text_0\"><\/div>\n<div class=\"et_pb_text et_pb_module et_pb_bg_layout_light et_pb_text_align_left  et_pb_text_0\">The Alberta Innovates system has roots stretching back almost 90 years  \t\t\t<\/div>\n<\/div>\n<div class=\"et_pb_text et_pb_module et_pb_bg_layout_light et_pb_text_align_left  et_pb_text_1\">\n<p>In March, 2016 the consolidation of Alberta Innovates was announced  and on November 1, a single, integrated innovation powerhouse, Alberta  Innovates, was formed. Two applied research subsidiaries &#8211; Innotech Alberta and C-Fer Technologies &#8211;&nbsp; serve public and private sector interests.<\/p>\n<\/div>\n<div class=\"et_pb_text et_pb_module et_pb_bg_layout_light et_pb_text_align_left  et_pb_text_2\">\n<p>The Alberta Innovates system was first created in January 2010, as  part of an overall innovation framework developed within the Alberta  Research and Innovation Act. At that time, four corporations were  established:<\/p>\n<ul>\n<li>Bio Solutions<\/li>\n<li>Energy and Environment Solutions<\/li>\n<li>Health Solutions<\/li>\n<li>Technology Futures.<\/li>\n<\/ul>\n<p>The Alberta Innovates system has a 90-year legacy. Our expertise is built on the successes of:<\/p>\n<ul>\n<li>Alberta Institute for Agriculture<\/li>\n<li>Forestry and the Environment<\/li>\n<li>Alberta Agricultural Research Institute<\/li>\n<li>Alberta Forestry Research Institute<\/li>\n<li>Alberta Life Sciences Institute<\/li>\n<li>Alberta Ingenuity<\/li>\n<li>Alberta Heritage Foundation for Medical Research<\/li>\n<li>Alberta Research Council<\/li>\n<li>iCORE<\/li>\n<li>nanoAlberta<\/li>\n<li>Alberta Water Research Institute (AWRI)<\/li>\n<li>Alberta Energy Research Institute (AERI)<\/li>\n<li>Alberta Oil Sands Technology and Research Authority (AOSTRA).<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" src=\"http:\/\/innovationanthology.com\/uploads\/ian logo AI LOGO_COLOUR.jpg\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Program Date:<\/strong>\u00a02017-05-09<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Geothermal researcher Dr Jonathan Banks explains the concept of base load power to support other renewables like wind and solar (<span style=\"font-style: italic;\">Alberta Innovates)<\/span><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,64,10,9],"tags":[],"class_list":["post-2220","post","type-post","status-publish","format-standard","hentry","category-alberta","category-alberta-innovates","category-energy","category-environment","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts\/2220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/comments?post=2220"}],"version-history":[{"count":4,"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts\/2220\/revisions"}],"predecessor-version":[{"id":5337,"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts\/2220\/revisions\/5337"}],"wp:attachment":[{"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/media?parent=2220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/categories?post=2220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/tags?post=2220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}