Geothermal energy has a hard time getting a break. The Earth’s massive, inexhaustible heat is undeniably alluring to anyone who cares about clean, secure, reliable energy. But when push comes to shove, none of them want it badly enough to push through the barriers that limit the use of this resource today. Geothermal energy thus received only token attention as Congress transformed federal policy during the Biden administration.
The time has come to bring it in from the cold. Geothermal resources could solve some of the knottiest problems that plague the transition to low-carbon energy. A relatively modest public investment and a few regulatory tweaks would unlock much more private investment and let the world know if the extraordinary promise of this group of technologies can be realized.
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.
