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Groundswell of Support Heats Geothermal Innovation
There’s new interest in one of the world’s oldest resources, as governments and investors worldwide look for advanced ways to tap geothermal energy.
Geothermal wells have been producing energy for more than a century, and have been an important part of many countries’ power portfolios for the past several decades. Despite its long history, geothermal has never been among the world’s top electricity sources. That could be changing. The global push toward decarbonization is bringing new investors into the sector, including some oil and gas majors who are betting that geothermal can be a scalable source of clean energy.
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“There is enormous untapped potential for enhanced geothermal systems (EGS) to provide clean and reliable electricity to power tens of millions of homes across the country,” Kathleen Hogan, the acting under secretary for Science and Energy, said in a DOE statement.
“These investments in EGS research support President Biden’s mission to take on the climate crisis by pushing the frontiers of science and engineering and creating jobs in cutting-edge clean energy fields,” Hogan added.
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Posted on January 23, 2021 | Views: 984
cwebb2021-01-22T16:23:20-08:00
by Jim Robbins: Aided by advances in deep-drilling technology for fracking, engineers are developing new methods of tapping into the earth’s limitless underground supplies of heat and steam…
But the costs of accessing deep geothermal energy are high, and initial government support will be crucial.
river of hot water flows some 3,000 feet beneath Boise, Idaho. And since 1983 the city has been using that water to directly heat homes, businesses, and institutions, including the four floors of city hall all told, about a third of the downtown. It’s the largest geothermal heating system in the country.
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