Geothermal energy, a sustainable and renewable source of power, has gained significant attention in recent years as the world seeks to reduce its reliance on fossil fuels and combat climate change. Tapping into the Earth’s natural heat, geothermal energy offers a constant and reliable source of power with minimal environmental impact. However, one of the main challenges faced by the geothermal industry is the high cost and technical difficulties associated with drilling deep into the Earth’s crust to access the hot rocks and fluids needed for power generation.
To overcome these challenges, researchers and industry professionals are exploring advanced drilling techniques that could revolutionize the way geothermal energy is produced.
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.