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The Geothermal Boom Begins: New Investments, Bold Tech, and a 20× Outlook by 2050

Global Geothermal Market Heats Up: New Investment Plans Revealed for 2025 By: Robert Buluma The global geothermal energy sector is entering a transformative phase in 2025, driven by surging investments, accelerating technology adoption, and favorable policy shifts. As clean baseload capacity becomes more critical to the world’s energy transition, stakeholders are increasingly turning to geothermal power—not just for electricity generation, but also for industrial heat, green hydrogen, and direct-use applications. This shift could solidify geothermal as a cornerstone of sustainable energy infrastructure in the decades ahead. 1. A Market Poised for Steady Growth According to industry forecasts, the global geothermal energy market is on track for major expansion.   We  project the sector will grow from USD 56.0 billion in 2025 to USD 85.0 billion by 2035 , a compound annual growth rate (CAGR) of 4.2%. Business Research Insights forecasts a CAGR of 7.3% between 2025 and 20...