Beneath our feet lies an almost limitless source of low-carbon energy.
Until now, geothermal energy has generally only been economic in regions where an abnormally hot subsurface is combined with permeability. But new technology promises to turn hot rock anywhere into an almost limitless source of low-carbon geothermal power and heat. So, could the geothermal sector be poised for trillion-dollar growth as the energy transition heats up?
In our recent insight ‘Geothermal energy: the next trillion dollar low-carbon solution’, we drilled deep into the market outlook for enhanced, advanced and co-located geothermal systems.
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.