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A geothermal network in Colorado could help a rural town diversify its economy | Town pitches companies to take advantage of “reliable, cost-effective heating and cooling."


Town pitches companies to take advantage of “reliable, cost-effective heating and cooling.”…

“Projects like this will drive rural economic growth while harnessing naturally occurring energy to provide reliable, cost-effective heating and cooling to local businesses,” said US Senator Michael Bennet (D-Colo.) in a written statement. In an interview with Inside Climate News, Mendisco said that extreme weather snaps, which are not uncommon in a town over 6,000 feet above sea level, will not force companies to pay higher prices for fossil fuels to meet energy demands, like they do elsewhere in the country. Bedrock, which is working on another similarly sized project in Crested Butte, Colorado, seeks to reduce the cost of relatively shallow-depth geothermal drilling through the use of robotics and data analytics that rely on artificial intelligence.

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