Geothermal has many advantages over other traditional power sources and other renewable energy sources. These advantages include economic, environmental and supply benefits. Some of the specific advantages:
Baseload Power: Unlike other renewable, geothermal provides constant baseload power. Where wind power is only produced when it is windy, and solar power is only produced when it is sunny, geothermal can be produced 365 days of the year.
Environmental Benefits: Once operating, geothermal power plants produce almost zero emissions. Additionally, the surface footprints of plants are small and do not compare to wind farms or large nuclear or coal power plants.
Economic Benefits: Geothermal power can be the lowest levelized cost of electricity when compared to other renewable. When combined with abundant government incentives such as those in Germany and the USA, geothermal becomes a high revenue power production system. In addition, the production cost fluctuations associated with commodity based energy sources such as coal, natural gas, oil and nuclear do not apply to geothermal.