THE HEAT BELOW: Why Geothermal Drilling is Either a Goldmine or a Money Pit – And How to Tell the Difference By : Robert Buluma Moving Beyond the Hype: The Real Geological, Mechanical, and Financial Risks That Don't Show Up in the PowerPoint Deck. There is a scene in the movie Jurassic Park where Donald Gennaro, the lawyer-investor, looks at the hatching raptor and says, "We are going to make a fortune on this." That is the current state of the geothermal energy sector. It is sexy, it is decarbonized, and it runs 24/7, unlike those lazy solar panels that clock out at sunset. Institutional investors are pouring billions into Enhanced Geothermal Systems (EGS) and next-generation drilling tech. But here is the hard truth they aren't telling you at the clean energy gala: Drilling is a brutal, unforgiving science that eats capital for breakfast. If you are an investor looking at geothermal, you cannot treat this like a software-as-a-service startup. You are not betting on...
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