Geothermal Isn't Expensive: The Reservoir Always Has the Final Say Somewhere beneath a volcanic ridge, a drill bit is turning through rock that has not moved in two million years. It costs money every second it turns. And nobody on the surface — not the engineer, not the financier, not the minister who announced the megawatts — knows yet whether that well will produce steam or silence. That single moment explains almost everything people get wrong about geothermal energy. Geothermal is routinely described as expensive, slow, capital-hungry and haunted by drilling risk. Investors are reminded that tens of millions can disappear underground before a single megawatt reaches a grid. All of that is true. But it is not the whole truth. The uncomfortable question the industry keeps avoiding is this: is geothermal expensive, or is the way we develop geothermal making it expensive? Those are two completely different problems. One is geology. The other is us. Why Geothermal Refuses to Be...
UK’s First National Centre Launched to Advance Geothermal Energy By: Robert Buluma The dawn of a new era in renewable energy is upon us as the UK proudly introduces its first National Geothermal Center (NGC). Launched with the ambitious goal of harnessing the earth's natural heat to decarbonize the future energy mix, this pioneering initiative marks a significant leap forward in the nation’s journey toward sustainable energy. A Collaborative Effort Backed by substantial funding from Durham University , the Net Zero Technology Centre (NZTC), SHIFT Geothermal, and The Reece Foundation, the NGC aims to be the driving force behind the UK’s geothermal sector. This collaborative effort seeks to stimulate and support groundbreaking research and innovation, while also shaping a robust policy, regulation, and investment framework to accelerate geothermal advancements. The Sleeping Giant Awakens Geothermal energy, often referred to as the "sleeping giant" of the renewable energ...