From Oil Rigs to Clean Energy: The Geothermal Revolution
Manage episode 501226087 series 3454750
The rise of next-generation geothermal energy as a practical, clean power source is creating excitement in the energy industry. Unlike traditional geothermal, which depends on specific locations, new technologies like Enhanced Geothermal Systems (EGS) and Advanced Closed Loop systems can access the Earth's heat almost anywhere by drilling 10,000-26,000 feet below the surface. A Department of Energy report indicates these innovations could potentially generate 5,500 gigawatts of capacity—140 times more than traditional geothermal. What's especially interesting is that oil and gas companies, with their deep expertise in drilling and geology, are ideally suited to lead this shift to clean energy production.
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