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...
Big Blind: The Geothermal Discovery That Changes Everything By: Robert Buluma Utah startup Zanskar Geothermal quietly dropped one of the most important announcements in American energy in decades. They discovered and confirmed “Big Blind” ,the first completely blind, commercial-grade geothermal system found in the United States in over thirty years. Let that sink in. No hot springs. No fumaroles. No steaming ground. No prior wells. Zero surface expression whatsoever. Just desert, sagebrush, and – 7,000 feet below, a reservoir hot enough and permeable enough to support gigawatt-scale power production. This isn’t incremental progress. This is a paradigm breaker. Why “Blind” Discoveries Matter So Much For the last 40 years, geothermal development in the U.S. has been geographically handcuffed. You could only build plants where nature advertised the resource on the surface – think Yellowstone, The Geysers, or Imperial Valley. Ever...