New tech set to unlock global geothermal potential – IEA report

Thursday 19 Dec 2024
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Photo by Polina Lukianets on Unsplash

Costs for geothermal power could fall 80 per cent by 2035 with the help of new technologies, according to a new report from the International Energy Agency.

In use for more than 100 years, geothermal energy is low carbon and abundant but has so far been confined to areas of volcanic activity or near to tectonic fault lines. The new report, The Future of Geothermal Energy, outlines how breakthrough drilling technologies could allow many more regions around the world to access geothermal power.

Read more in The Engineer here