CEO Gilles: Challenge in Geothermal is to ‘Level Playing Field’ with Wind, Solar

The current challenge for the geothermal energy industry is what U.S. Geothermal CEO Dennis Gilles calls “leveling the playing field” with wind and solar.

“We’re competing with the wind and solar companies,” Gilles said during the Geothermal Resources Council 39th Annual Meeting opening session in Reno, Nev., on Sept. 21. “They have incentives, and as a result of their dramatic growth, they have seen their costs come down dramatically.”