Thermal energy networks can build grid resilience, provide a stable source of energy, and offer continued employment to utility workers skilled in traditional energy infrastructure.
Geothermal energy networks will soon become more available in the United States, writes June Kim in Technology Review. “In Framingham, Massachusetts, work has started on the country’s first geothermal network pilot project. Eversource, the utility company in charge, says it has completed 70% of the pipe installation and is on track to finish the project in November.” Meanwhile, New York was the first state to mandate thermal energy network projects from its largest utilities in 2022, and other states are moving forward with similar legislation.
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.