Geothermal Technology Application: A Case Study of Hot Dry Rock Technology in the Black Sea Basin

Abstract

This paper is focused on the geothermal technology application that is centered on the case study of hot dry rock geothermal technology in the Black sea basin. The paper tackles the innovative potential of the hot dry rock geothermal technology, in particular, the application of integrated assessment methodology based on the region's resources estimates, their structure and key performance indicators exemplified by the Krasnodar Region of the Black Sea area in the Russian Federation. Our results might be of a special interest for both political scientists, economists and international relations specialists, as well as for the local policy-makers and relevant stakeholders.

DOI: 10.5901/mjss.2014.v5n21p425