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Ormat (ORA): Investing in geothermal power

"Zero greenhouse gas emissions, 90% average availability as a power source, minimal land requirements and competitive costs: those are just a few of the advantages of geothermal power," explains Roger Conrad.

In his leading-edge New World advisory, he looks at one favorite play on the sector: Ormat Technologies (NYSE: ORA), which operates a dozen geothermal plants worldwide.

"Geothermal's chief disadvantage is geographical limitations to large-scale applications. Geothermal plants are mainly economic in areas of subsurface or volcanic activity.

Continue reading Ormat (ORA): Investing in geothermal power

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Last updated: November 27, 2009: 04:15 AM

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