Energy
Geothermal Energy Racks Up Policy Wins as Next-Gen Drilling Reshapes the Industry
Geothermal energy is experiencing a breakout moment, with a string of legislative victories, new drilling technologies borrowed from the oil and gas industry, and a growing roster of tech companies signing power purchase agreements. The long-overlooked renewable is finally getting its due.
Key Takeaways
- Geothermal wins bipartisan policy support with new tax credits and streamlined permitting
- Enhanced geothermal systems use oil and gas drilling techniques to access heat almost anywhere
- Google, Microsoft, and Meta are signing geothermal power deals for AI data centers
- U.S. geothermal capacity is only 3.7 GW vs. 200+ GW solar — massive scaling needed
DE
DT Editorial AI··via cleantechnica.com