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...
Unlocking the Power of Offshore Geothermal Energy: CGG's Groundbreaking White Paper In a world where the quest for sustainable energy sources is more critical than ever, CGG, a leading global technology and Earth science company, has unveiled a groundbreaking white paper shedding light on the vast potential of offshore geothermal energy. This renewable resource, harnessed from the magmatically active ocean floor spreading centers and flooded rift systems, presents a promising avenue for meeting the world's energy needs while mitigating environmental impacts. The research conducted by CGG scientists underscores the abundance of untapped geothermal resources lying beneath the ocean's surface. These offshore areas, characterized by their geological activity, offer an ideal environment for extracting geothermal energy alongside other valuable by-products such as freshwater, Green Hydrogen, and ammonia. This innovative approach not only diversifies the renewable energy mix but a...