Geothermal Energy and its role in the energy transition

Transitioning to a sustainable energy future requires the increased and widespread use of renewable energy sources like geothermal, hydroelectric, solar, wind, and bioenergy. While each renewable energy source competes for market share, a coordinated effort from all renewables is required to meet carbon neutrality objectives.

The success of renewable energy technology is influenced by the adoption of beneficial laws and policies, funding, institutional and human capacity, and public acceptance.

Due to the rapid development occurring on all fronts, it is more crucial than ever to make sure geothermal energy’s contribution to supplying the world’s energy needs continues to expand in a sustainable manner and maintains its profitability and competitiveness in a global market.

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.

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