Geothermal is Suddenly Hot is the message published today by Paris-based digital media The Innovator.
The article explains that Geothermal energy currently meets less than 1% of global energy demand and its use is concentrated in only a few countries, but it could meet up to 15% of global electricity demand growth to 2050, according to a 2024 International Energy Agency (IEA) Report.
The article which features quotes from Eden Geothermal’s Gus Grand, Chief Executive, and Tony Pink, Chief Technology Officer, sets out that breakthroughs in drilling technologies means that the deep geothermal energy is now viable than in more places than ever before.
The article explains that technology sector is now engaged with the importance of geothermal energy, quoting Bill Gates who has recognised that geothermal plants are also easier to scale up, which is crucial for meeting the world’s energy needs. Google has partnered with Fervo to supply clean power to its Nevada data centre, marking a milestone in applying modular geothermal systems to digital infrastructure. Fervo’s approach will make geothermal energy an option in more places
The Innovator aims to aid corporates understand the technologies transforming their businesses, connect them with the best startups and to highlight the best strategies for dealing with the types of cultural changes that digital transformation requires through independently reported stories that they will not find elsewhere.
