Global Geothermal Power: Policies, Funding, Wells, Strengths, Opportunities and Barriers Geothermal is moving into a broader investment cycle. In 2026, the story is no longer limited to volcanic power plants in a few classic markets; it now includes enhanced geothermal systems, closed-loop designs, district heating, superhot rock, lithium from brines and industrial heat. Across the United States, Canada, Germany, the United Kingdom, Australia, New Zealand, Japan, Iceland, France and Italy, the sector is being shaped by a simple question: who is de-risking the first wells, and who is ready to finance the next ones? United States: the next-generation testbed The United States has the broadest geothermal innovation ecosystem in this group, with a mature conventional base in the West and a fast-growing next-generation pipeline. The main policy signal in 2026 is the Department of Energy’s US$171.5 million funding opportunity for next-generation geothermal field-scale tests, exploration...
Kalisz Embarks on Geothermal Revolution: 1,700-Meter Well to Unlock Network of Thermal Pools, Heated Apartment Blocks, and Homes By: Robert Buluma In the heart of Poland’s Greater Poland Voivodeship, the historic city of Kalisz is taking a bold leap into the renewable energy future. On February 25, 2026, city authorities signed a landmark contract to drill an exploratory geothermal well reaching 1,700 meters deep. The project, dubbed “Kalisz GT1,” aims to confirm the presence, quality, temperature, and productivity of thermal waters beneath the city — potentially transforming Kalisz into a hub for low-carbon district heating and a network of therapeutic thermal pools. The headline-grabbing Polish announcement — “Sieć basenów termalnych, ogrzane bloki i domy. Miasto drąży odwiert na 1700 metrów” — perfectly captures the ambition: a geothermal-powered network of thermal baths, heated residential blocks, and family homes. If successful, this could slash heating costs, improve air quality,...