Geothermal Energy

Geothermal energy is the heat produced deep in the earth’s core.

The earth’s temperature gets hotter the deeper you go. It starts at around 1,000 degrees centigrade and reaches closer to 6,000 near the core, this is as hot as the surface of the sun.

This energy can be harnessed by drilling shallow holes to bring hot water or steam to the surface. This hot water is the fuel for geothermal power, it can drive turbines that produce clean electricity.

In order to reach our predicted climate targets, we need to steer away from fossil-fuel-dependent power and move to more renewable sources. Geothermal has a small surface footprint and a significant amount of untapped potential.

‍According to Project Drawdown, geothermal power will grow from 0.34 percent of global electricity generation to 3 percent by 2050. That growth could reduce emissions by 6.15–9.17 gigatons of greenhouse gases and save US$0.79–1.18 trillion over the lifetime of the infrastructure.

‍Quaise, a geothermal company adds that geothermal energy is:
- Infrastructure ready: drilling rigs can be repurposed for geothermal
- Workforce ready: oil and gas experts represent the largest workforce and can easily transition their skills
- No geopolitics: geothermal has no fuels and creates no waste
- Environmentally sound: deep geothermal uses less than 1% of the land and materials of other renewables

Companies like Quaise Energy, Eden Geothermal, Eavor, Fervo Energy, Dandelion Energy, AltaRock Energy, GreenFire Energy, Loki Geothermal, Sage Geosystems, and Blue Spark are creating the power of tomorrow.