The U.S. Department of Energy (DOE) announced the release of its latest Pathways to Commercial Liftoff report, focusing on the potential of next-generation geothermal power to transform the U.S. energy landscape. “Pathways to Commercial Liftoff: Next-Generation Geothermal Power,” marks the ninth installment in the Liftoff series which launched in March 2023. This report shows how advanced geothermal technology could increase the United States’ geothermal energy production to 90 gigawatts or more by 2050, a twentyfold increase. This growth in geothermal energy supports the Biden-Harris Administration’s goals of facilitating a carbon-free electricity grid by 2035, while creating thousands of good-paying jobs to boost our clean energy economy.
“The US can lead the clean energy future with continued innovation on next-generation technologies, from harnessing the power of the sun to the heat beneath our feet, and cracking the code to deploy them at scale,” said U.S. Secretary of Energy Jennifer M. Granholm. “The newest report in DOE’s commercial liftoff series showcases the enormous potential for geothermal energy and that with strong public-private partnerships we can lower costs for this hot technology to expand access for cleaner, more reliable power to communities across the nation.”
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.
