Amid the growing clamor for sustainable and clean energy sources, geothermal power has marked a significant milestone. Recent data reveals a 3% increase in global geothermal electricity-generating capacity in 2013, with the United States, the Philippines, and Indonesia spearheading this advancement. This surge underscores the escalating role of geothermal energy in the renewable energy sector, highlighting its potential in the global electricity mix.
With a keen focus on sustainable energy, the United States, the Philippines, and Indonesia have emerged as frontrunners in the expansion of geothermal power. Their collective efforts have propelled the global geothermal electricity-generating capacity to approximately 12,000 Megawatts. Such growth not only illustrates the increasing reliance on renewable energy sources but also showcases the technological advancements and policy support driving this sector forward. Renewable Energy Magazine highlights the strategic investments and projects contributing to this uptick, emphasizing the importance of geothermal energy in achieving energy security and environmental sustainability.
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.