Enhanced geothermal systems (EGSs) are human-made or enriched reservoirs within the Earth’s subsurface, from which heat can be extracted to produce geothermal energy. The energy produced by these reservoirs could serve as an alternative source of electricity, helping to mitigate carbon emissions.
So far, EGSs have been primarily viewed as potentially stable and reliable sources of electricity that could operate consistently over time. However, these geothermal reservoirs could potentially also store energy for longer before it is converted into electricity, rather than converting it all at a given point in time.
Researchers at Princeton University’s ZERO Lab and EGS developer Fervo Energy recently carried out a study exploring the potential impact of utilizing EGSs flexibly and storing the energy they generate on long-term ongoing efforts aimed at decarbonizing electricity generation. The findings of their project were published in Nature Energy.
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.