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...
CU Boulder Geothermal Breakthrough: Studies Confirm Feasibility of Shallow and Deep Systems for Campus Decarbonization Introduction: A Game-Changer for Campus Sustainability On March 30, 2026, the University of Colorado Boulder (CU Boulder) and the Colorado Energy Office made an exciting announcement that could reshape how universities power their campuses. Two state-funded feasibility studies have confirmed that both shallow and deep geothermal energy systems are technically feasible for the CU Boulder campus. These findings represent a major step forward in the university's ambitious Climate Action Plan, which targets a 50% reduction in greenhouse gas emissions by 2030 and carbon neutrality no later than 2050. As someone tracking geothermal news globally, this development stands out not just for its technical promise but for its potential to serve as a "living laboratory" for scalable clean energy solutions. Geothermal energy taps the Earth's natural heat a reliabl...