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If You Had $1 Billion for Geothermal, Where Should You Invest?

How Geothermal Energy Works: From Underground Heat to Electricity Grid

How Geothermal Energy Works: From Underground Heat to Electricity Grid By: Robert Buluma  In 1904, the Italian town of Larderello lit five lightbulbs using nothing but the heat of the Earth. By 1913, a full-scale plant was producing 250 kilowatts there from natural steam vents. Yet more than a century later, geothermal remains one of the most underappreciated clean energy sources on the planet — today accounting for just about 0.5% of global electricity. That is beginning to change. As the world searches for reliable, round-the-clock renewable power to complement intermittent wind and solar, geothermal is attracting unprecedented attention. "Geothermal could be the backbone to providing a clean, affordable, reliable, low-cost grid," says Katrina McLaughlin of the World Resources Institute. With emerging technologies poised to unlock heat virtually anywhere beneath our feet, understanding how this remarkable resource works has never been more important. I. The Fiery Engine Dee...

"Below the Surface: How Baker Hughes is Drilling the 24/7 Clean Energy Solution"

Below the Surface: How Baker Hughes is Drilling the 24/7 Clean Energy Solution By: Robert Buluma   The geothermal era has arrived — and   Baker Hughes is holding the drill. While much of the energy world remains fixated on LNG exports and offshore wind, a quieter revolution is taking place beneath our feet. Baker Hughes (BKR) , the Houston-based energy technology giant, has assembled what may be the most comprehensive geothermal partnership network in the industry — positioning itself as the go-to industrial executor for next-generation geothermal power. In 2026 alone, the company has locked in strategic collaborations spanning three continents, from the deserts of Saudi Arabia to the outback of Australia and the high-heat basins of the American West. The common thread? Baker Hughes is applying a century of oil and gas drilling expertise to unlock geothermal energy at industrial scale — and the data center boom is providing the perfect market catalyst. The Strategy: "G...