Geothermal energy, the heat generated and stored in the Earth’s crust, has long been recognized as a reliable and sustainable source of power. As global demand for clean and renewable energy continues to grow, geothermal energy is increasingly being viewed as a viable alternative to fossil fuels, particularly in developing countries where the need for affordable and sustainable energy sources is most pressing.
One of the key advantages of geothermal energy is its ability to provide a constant and stable source of power, unlike other renewable energy sources such as solar and wind, which are intermittent and dependent on weather conditions. This makes geothermal energy particularly well-suited for meeting the base load power requirements of developing nations, where access to reliable electricity is often a major challenge.
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.