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Hot and bothered about geothermal energy

Eric Wesoff writes on Canary Media about the growth of geothermal energy.

The C3 Take
  • Geothermal is a clean and reliable source of energy.
  • Currently, there is robust private sector involvement in the area of geothermal with companies such as Fervo Energy, Breakthrough Energy Ventures, and Prime Impact Fund investing in and innovating the energy source.
  • A diverse energy portfolio, that includes geothermal, is the key to lowering emissions and providing reliable energy.

“Investors and entrepreneurs are waking up to the potential of geothermal energy, an overlooked and undercapitalized clean energy source. New geothermal technologies could enable the earth’s heat to provide as much as 16 percent of U.S. electricity by 2050, according to the U.S. Department of Energy’s 2019 study GeoVision: Harnessing the Heat Beneath Our Feet.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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