Skip to main content

The $500 Billion Energy Revolution: How Geothermal is About to Change Everything

A Silent Energy Revolution is Underway

Robert Buluma

The global energy landscape is shifting. While solar and wind have dominated discussions on renewable energy, a new powerhouse is emerging geothermal energy. Backed by investments from tech giants, oil majors, and governments, geothermal is quietly positioning itself as the next trillion-dollar industry. With the potential to replace fossil fuels, reshape economies, and revolutionize energy grids, geothermal is no longer a niche sector it’s the future of energy.

In this article, we’ll explore why geothermal energy is set to explode, the key players driving this shift, and how it could disrupt traditional energy markets.

The Key Players Betting on Geothermal

Geothermal energy is no longer just the domain of specialized companies. Big Tech, oil giants, and governments are now pouring billions into the sector, recognizing its potential to provide constant, baseload power something wind and solar still struggle with. Here are the biggest investors:

1. Google & Big Tech’s Green Ambitions

Tech companies need huge amounts of power for data centers, and geothermal provides stable, renewable energy without the intermittency of solar and wind. Google has partnered with Fervo Energy to develop next-generation geothermal plants, betting that it will be a game-changer in clean energy production.

2. Oil Giants Pivoting to Geothermal

Traditionally, oil companies have been resistant to renewables, but that’s changing.

3. Governments Pouring Billions into Geothermal Expansion

The The US Department of Energy has launched initiatives like the Enhanced Geothermal Shot, aiming to cut geothermal costs by 90% and deploy 60 GW of capacity by 2050.

Enhanced Geothermal Systems , image credit US DOE

Meanwhile, Kenya, Iceland, Japan, and Indonesia are leading the charge in geothermal development, using their vast volcanic resources to power entire cities.

Image: The Olkaria Geothermal field in Kenya

The Hidden Potential of Geothermal Energy

Despite being a renewable resource with a 24/7 energy supply, geothermal has historically been underutilized. However, new technologies are unlocking its potential in ways previously thought impossible.

1. Supercritical Geothermal: The Energy Game-Changer

Scientists have discovered that supercritical geothermal fluids, found at ultra-high temperatures deep below the Earth, can produce up to 10 times more energy than conventional geothermal wells. Countries like Iceland and Japan are already exploring this next-generation geothermal technology.

Superhot rock is amongst the many Geothermal new founds that are disrupting the Technology

2. Enhanced Geothermal Systems (EGS): Drilling into the Future

Traditional geothermal relies on naturally occurring steam pockets, but EGS technology creates artificial reservoirs, allowing geothermal development almost anywhere in the world. Startups like Quaise Energy are working on drilling technology that can reach extreme depths, potentially tapping into limitless energy supplies.

3. Repurposing Oil & Gas Infrastructure for Geothermal

The oil and gas industry has spent decades perfecting deep drilling technologies. These same techniques can be used to repurpose abandoned wells for geothermal power. This means that even former fossil fuel strongholds like Texas, Saudi Arabia, and Canada could become major geothermal players.

Why the Oil Industry is Worried

With geothermal gaining momentum, the traditional oil industry is facing a major challenge. Here’s why they’re worried:

  • Oil infrastructure can be adapted for geothermal, reducing the need for drilling new wells.
  • Geothermal energy is renewable, emissions-free, and available 24/7, making it a serious competitor to fossil fuels.
  • Investors are shifting away from fossil fuels as climate policies push for carbon-neutral energy solutions.

However, rather than fight the change, many oil companies are pivoting toward geothermal development to stay ahead of the curve.

The Global Impact: How Geothermal Will Change Everything

The widespread adoption of geothermal energy won’t just change the energy sector—it will transform economies, job markets, and global politics.

1. Geothermal Will Disrupt the Global Energy Market

Countries that currently rely on importing oil and gas will be able to produce their own clean energy locally, reducing their dependence on geopolitically unstable regions. This could weaken oil-rich nations’ grip on global energy markets.

2. Geothermal Will Create Millions of Jobs

As the industry expands, demand for geologists, engineers, drill operators, and energy analysts will skyrocket. Countries investing in geothermal today will lead the clean energy job boom of the next decade.

3. Developing Nations Will Leapfrog into Renewable Energy

Africa, Southeast Asia, and Latin America have huge untapped geothermal potential. With the right investments, these regions could bypass fossil fuels entirely and transition directly to a geothermal-powered future.

What’s Next? (Call to Action)

With billions of dollars flowing into geothermal, now is the best time to pay attention. Here’s what you can do:

  1. Investors: Watch geothermal startups like Eavor, Quaise, and Fervo they could be the next Tesla of renewables. Fervo had raised a whooping $225 million in bolstering geothermal energy
  2. Policy Makers: Push for geothermal incentives and funding to accelerate adoption.
  3. Energy Professionals: Consider upskilling in geothermal exploration and drilling this industry is about to explode.
  4. General Public: Stay informed. Follow Alphaxioms, for reports, and news  covering geothermal breakthroughs.
    Fervo Geothermal rig standing poised drilling deeper for the heat beneath our feet

The energy revolution is here, and geothermal is leading the way. Will you be part of the change?

Final Thoughts

Geothermal energy is no longer a niche technology it’s the future of global energy. With major investments, policy shifts, and cutting-edge technology, we are at the beginning of a geothermal revolution that could reshape the world.

The only question is: will you be part of it?

At Alphaxioms we have done a global geothermal mapping of where the best geothermal resources can be found and should you need to invest your billions always reach us at alphaxiomsgeothermal@gmail.com

Source: Researched and written by Alphaxioms

Connect with us: LinkedinX

Comments

Popular posts

Meta and XGS Energy Partner on 150 MW Geothermal Power Project in New Mexico

Meta and XGS Energy Partner on 150 MW Geothermal Power Project in New Mexico A Game-Changer for AI, Clean Energy, and the Future By Robert Buluma – Alphaxioms Energy Blog In a bold move that signals the future of energy and technology convergence, XGS Energy and Meta Platforms, Inc. have announced a groundbreaking agreement to develop 150 megawatts (MW) of next-generation geothermal energy in New Mexico. This partnership not only promises to reshape the state's energy landscape but also underscores the growing demand for sustainable, round-the-clock power to fuel the age of artificial intelligence (AI) and data-driven economies. Clean Power Without Water – XGS’s Unique Edge At the heart of this partnership lies XGS Energy’s proprietary solid-state geothermal technology. Unlike traditional geothermal systems that rely heavily on water and specific geological conditions, XGS’s innovation enables electricity production from hot, dry rock  with zero operating water use. This water-inde...

EAPOSYS and Halliburton Unite to Supercharge the Future of Advanced Geothermal Systems

EAPOSYS  Partners with  Halliburton to Accelerate the Deployment of Advanced Geothermal Systems By:  Robert Buluma Biel/Bienne, Switzerland – October 10th, 2025  The race toward a sustainable energy future just got hotter. EAPOSYS SA, a Swiss geothermal innovation company, has joined forces with Halliburton (NYSE: HAL) to fast-track the deployment of its groundbreaking Advanced Geothermal Systems (AGS) . Under the newly signed agreement, Halliburton will conduct a subsurface feasibility study to evaluate and optimize the scalability of EAPOSYS’s patented closed-loop geothermal architecture. This collaboration will refine well designs, assess stratigraphic conditions, and minimize drilling risks  paving the way for the industrial-scale rollout of clean, predictable geothermal energy . “EAPOSYS SA has developed an innovative, patented, closed-loop architecture to deploy AGS anywhere in the world,” said Naomi Vouillamoz , CEO and co-founder of EAPOSYS. “AGS ...

Košice Ignites Its Geothermal Future: A 30-Year Dream Becomes Reality”

Košice Turns Up the Heat: Geothermal Energy to Warm the City After 30 Years in Waiting By: Robert Buluma After three decades of anticipation, the city of Košice, Slovakia, is finally set to tap into one of the Earth’s cleanest and most sustainable energy sources geothermal heat. On Wednesday, drilling begins on the long-awaited project “Utilization of Geothermal Energy in the Košice Basin”, marking a major leap toward energy independence and carbon neutrality for Slovakia’s eastern metropolis. From the site of Svinica–Ďurkov, a new deep geothermal well will be drilled, expected to reach a temperature of 135°C and a flow rate of 55 liters per second. Two reinjection wells each plunging roughly 3,700 meters deep  will accompany the main production well, ensuring a closed-loop system that reuses and reheats the geothermal water beneath the Earth’s surface. The third and final well is expected to be completed by mid-2026. Turning Vision into Reality The geothermal heating project is be...

Driving the UK Toward Net Zero: Chris Sladen on Geothermal’s Untapped Potential

Alphaxioms, we talked to Chris Sladen about his involvement in geothermal both in the UK, and globally By:  Robert Buluma Chris, please begin by explaining a little about yourself, and why you have a passion for geothermal? I have spent over 45 years involved in energy. Following undergraduate studies in geology at Southampton University, and a PhD in sedimentology at Reading University, I joined the energy sector in Aberdeen in 1980. It was a fascinating era when it seemed like at least one giant oil & gas field was discovered offshore every month; the wealth creation for the UK was gigantic. I got to see so much geology and rocks - my true passion. I moved to China in late 1983; not today’s China, this was over 40 years ago, a country closed for decades and embarking on an open-door policy, in part to bring both investment and technology. I became very interested in energy trends, energy politics, and new geography created by changing politics leading to opportunities for ene...

Powering the Future: How Geothermal Energy is Revolutionizing the Oil Industry Globally

Harnessing Geothermal Energy Alongside Oil: A Global Case Study   By:  Robert Buluma Geothermal energy, the heat derived from the Earth’s core, has long been recognized as a sustainable and reliable energy source. However, its integration with the oil and gas industry is a relatively new and exciting development. This case study explores how geothermal energy is being harnessed alongside oil globally, highlighting innovative projects, technological breakthroughs, and the synergies between these two industries.   The Synergy Between Geothermal and Oil Industries This Geothermal Decade saw a rise in Oil and Gas companies vouching for Geothermal Energy The oil and gas industry brings decades of expertise in subsurface exploration, drilling, and reservoir management—skills that are directly transferable to geothermal energy development. Both industries rely on similar technologies, such as directional drilling, hydraulic fracturing, and high-temperature equipment, m...

"Zanskar's Lightning Dock Triumph: Redefining Geothermal Energy Potential"

Zanskar's Lightning Dock: A Game-Changer for Geothermal Energy By: Robert Buluma In a bold move that underscores their unwavering commitment to geothermal energy innovation, Zanskar has made headlines with a groundbreaking development at the Lightning Dock geothermal power plant. Betting on an underperforming resource, the company has not only turned the site around but delivered a world-beating gusher that validates their ambitious vision.   The Rise of Lightning Dock Zanskar's strategy has always been clear: harness modern data collection techniques and advanced statistical tools to unlock geothermal sites previously overlooked by the industry. Their efforts over the past three years have led to the discovery of numerous potential hotspots, proving that geothermal has far more untapped potential than previously believed.   Together with XGS energy, Zanskar is well poised to redefine the geothermal energy drilling sector with proven breakthroughs and a financial mus...

PPC Renewables Announces Geophysical Assessment Tender In Tetra, Lesvos Greece

Unveiling the Hidden Mysteries:  PPC Renewables Calls for Tender in Petra, Lesvos Island By: Robert Buluma In the heart of the Aegean Sea lies an island of unparalleled beauty and historical significance – Lesvos. But beneath its serene surface lies a mystery waiting to be unraveled, and  PPC Renewables is taking the lead in uncovering it. Picture this: Land Geophysical Surveys, delving deep into the secrets of Petra, Lesvos Island, Greece. It's not just any ordinary survey; it's a journey into the unknown, a quest for knowledge hidden beneath the earth's surface. Referring to the intriguing Call for Tenders (ref/title: PR110000001319) dated 12th April 2024,  PPC Renewables beckons the daring and the curious to join them in this adventure. The scope of the contract? Nothing short of extraordinary – 2D Seismic Reflection, Gravity & Magnetic Surveys with precise positioning, coupled with integrated Geological-Tectonic-Geophysical analysis of all available data. But w...

INTERVIEW, Geretsried and Beyond: Eavor’s Blueprint for Reliable, Sustainable Energy

Robert Buluma :  Alphaxioms Responses were provided by Jeanine Vany, Executive Vice-President of Corporate Affairs, Eavor . Can you explain the key technological advancements in the latest iteration of the Eavor-Loop™ system? We have made a number of technological advancements at our project in Geretsried Germany . This includes innovation and learning resulting in dramatic improvements in our drilling performance and we’re proud to talk about our technology. For example, Eavor recently announced successful implementation of our in-house AMR (active magnetic ranging) tool which makes drilling more accurate and efficient. Eavor-Link™ AMR uses magnetic ranging while drilling to maintain constant alignment as it drills two wells at approximately 100 metres apart before they are intersected to create a continuous geothermal loop, which is then sealed with Eavor’s proprietary Rock-Pipe™ formula. With real-time data transmission between downhole sensors, the technology ensures tighter bo...

Mercury, Contact Lead NZ's Supercritical Geothermal Energy Revolution

🌋 From the Ground Up: New Zealand’s Bold Leap into a Supercharged Geothermal Future By:  Robert Buluma In the heart of New Zealand, beneath the rugged volcanic landscapes and steaming geysers, lies an energy revolution waiting to erupt. On July 30th, 2025, a powerful message echoed from the geothermal capital of the Southern Hemisphere — New Zealand is not just embracing its geothermal potential; it is preparing to unleash it. With the unveiling of the draft strategy titled From the Ground Up , the government, led by Minister Shane Jones for Resources and Regional Development, signaled a transformative shift in how the nation will harness the heat beneath its feet — and it's as ambitious as it is inspiring. 🔥 A Legacy Forged in Steam New Zealand’s geothermal story is deeply rooted in its identity. Long before turbines spun and power grids buzzed, Māori ancestors were using geothermal waters for warmth, healing, and cooking. Geothermal, or waiwhatu , is more than a resource — ...

Mastering the Subsurface: Insights from a Geothermal Reservoir Engineer

Geothermal energy is often called the “quiet backbone” of the clean energy transition. To understand the science, challenges, and innovations driving this sector, we spoke with a seasoned geothermal reservoir engineer with experience spanning the Andes, Nevada, Utah, and volcanic fields worldwide. Here’s what they shared. By:  Robert Buluma 1. What sparked your passion for geothermal reservoir engineering, and did you ever imagine yourself working in some of the world’s most challenging geothermal fields? My passion was sparked during my early career in the petroleum industry, specifically in reservoirs. I was fascinated by the subsurface—how fluids move, how heat and pressure interact but it wasn’t until I worked on projects in Peru that I realized geothermal offered the chance to apply my skills to clean energy. I never imagined I would later work on Enhanced Geothermal Systems (EGS) projects in Nevada and Utah or Andean volcanic fields, where the geology is as unforgiving as it ...