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March 10, 2010 at 12:00 am

MEREDA hosts Breakfast Seminar titled, “Overview of Geothermal Technologies in New England – Basic Concepts & Case Studies”

Sponsored by:  Norway Savings Bank and Haley & Aldrich

When:  Tuesday, March 30, 2010  |  Buffet Breakfast: 7:30  ~  Program:  8:00 – 9:00 AM

Where:  Eastland Park Hotel, 157 High Street, Portland, ME

Join the Maine Real Estate & Development (MEREDA) on Tuesday, March 30, 2010 from 7:30 – 9:00 AM at the Eastland Park Hotel, 157 High Street, Portland, ME as our panelists present an overview of the application of geothermal heating and cooling on real estate development projects in New England. 

About the Event:

Ground source geothermal energy enables us to tap into the earth’s stored renewable energy for heating and cooling facilities.  Proper application of ground-source geothermal technology can have a dramatic impact on the efficiency and financial performance of building energy use (~30 %).  At the same time, using this alternative energy resource can provide significant value in meeting carbon and nitrogen oxide reduction goals.  Geothermal applications also offer the possibility of aesthetic and noise abatement benefits (eliminating cooling towers and dry coolers in sensitive locations or on historic structures) and, when combined with "green" or lower cost, on-site electrical power, the benefits are many.

Our presenters will discuss the basics of geothermal energy – how it works and the types of systems used widely in New England.  They will describe some fundamentals of well hydraulics and aqueous geochemistry, which are key parameters affecting the cost-effectiveness and technical feasibility of geothermal systems.  They will also describe a two-phase approach to assessing the feasibility of geothermal at a commercial scale.  This approach comprises an initial phase of data gathering, including assessing state and local permitting requirements, followed by Phase 2, which includes installing a full-scale test well, ultimately suitable for use as a production well, for thermal response testing.  This two-phase program provides the critical data needed to accurately determine the number and depth of the production wells and layout of the well field.  This information enables a refined decision-making process yielding superior financial and engineering performance.  In addition, these data allow the geothermal engineering professional and the building mechanical engineer to properly size and integrate the well system, heat exchangers and ground source heat pump equipment into a fully functioning, seamless HVAC system.

Registering for this Event:

Member:  $40 per person   |  Non-Member:  $50 pp
Register After March 24th:  Member:  $50  | Non-Member:  $60

Register by calling the MEREDA office at (207) 874-0801, or register online by clicking here.

An RSVP is requested on or before March 24, 2010. Payment is expected at the time of registration. No refunds will be granted to anyone who registers, but fails to attend or who cancels after March 24, 2010.

Founded in 1985 and celebrating its 25th Anniversary, MEREDA is an organization of commercial real estate owners, developers and related service providers, whose mission is to promote an environment for responsible development and ownership of real estate throughout the State of Maine.

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Categories: Press Release