An increasing number of countries are exploring the potential to develop their geothermal energy capacity as governments look to expand their energy portfolios to include a broader range of renewable sources. As the U.K. assesses its deep geothermal potential, a major Japanese utility is betting big on geothermal energy in Germany, and Kenya is taking a regional approach to developing capacity. Greater investment in the sector is expected to continue supporting technological breakthroughs to draw investor interest and make operations more economically viable.
Geothermal operations use steam to produce energy. This steam is derived from reservoirs of hot water, typically a few miles below the earth’s surface. The steam is used to turn a turbine, which powers a generator to produce electricity. There are three varieties of geothermal power plants: dry steam, flash steam, and binary cycle.
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.
