carbon trading worth 1 trillion dollars, page-4

Here is a report on the Geothermal potential of Hungary. It is a bit old but still worth a read. Especially the part about reducing air pollution and being directed by the EU to increase Hungary's share of renewable energy from 3.6% to 12% by 2010.

http://www.bl-a.com/ECB/PDFFiles/GeoResHungary.pdf

Here are some interesting facts from the report:

Hungary imports 85% of its natural gas from the Russian Gazprom consortium. Remember when Russia turned off the tap to Europe. The Ruskies use it as a politcal weapon. Do what we want or we will turn off the tap. I think they would want to become independent of Russia's dictatorship ASAP.

For the most part, Central Europe has only low-enthalpy geothermal resources. Hungary, however, due to its unique geological position astride the Pannonian Basin, a "geothermal hot spot", is the exception to the rule.

The average ground heat flow directed out from the Earth's interior in Hungary ranges from 80-100 mW/m2; two times higher than the continental average.

The flow rate of the thermal water wells producing from Upper Pannonian aquifers ranges from a few hundred to 3,000 l/min.

The mean temperature in the Pannonian Basin is estimated to be 165 degrees C at 3 km (Ottlik et al, 1981), indicating that electric generation temperatures may well be found at 4-5km depths.

Electric power generation using geothermal resources is cheaper than imported power.