Geothermal energy is not known from today. It was used centuries ago in the Palaeolithic Age and by Ancient Romans to heat, cook and bathe. Today it is a solution to reduce the amount of greenhouse gases.
Geothermal energy is a renewable resource that supplies an important amount of the electrical needs in countries in Europe and outside of it, including Iceland (covers more than 90% of Iceland’s heating needs), El Salvador, New Zealand, Kenya, and the Philippines. Still, it is falling behind other renewables. Similar to water energy, geothermal energy usage is small compared to other renewable energy sources like wind or solar. Will it become more widely used?
What is geothermal energy?
Geothermal energy is a heat produced by the Earth. The etymology of this word comes from Greece, as in Greek geo means “earth” and thermal means “heat”. It is a resource that may be gathered for human use and is renewable.
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.