Lawmakers in several states are exploring the possibility of incorporating geothermal power into the electrical grid and utilizing underground heat for building purposes. Recent technological breakthroughs have the potential to greatly expand geothermal projects and could pave the way for new policies supporting these renewable energy sources.
In the Western part of the United States, geothermal power plants are seen as a crucial source of clean electricity that can provide a reliable energy supply alongside wind and solar. On the other hand, Eastern states view geothermal as a viable replacement for gas-powered furnaces, particularly in neighborhoods, campuses, and commercial buildings. Both sides believe that the transition to geothermal energy can leverage the skills and expertise of oil and gas workers in drilling and pipeline construction.
Enteq Technologies plc (LON:NTQ) develops and supplies equipment for Measurement, Logging and Geo-steering while drilling of wells for the Geothermal, Oil and Gas markets.
