Geothermal Isn't Expensive: The Reservoir Always Has the Final Say Somewhere beneath a volcanic ridge, a drill bit is turning through rock that has not moved in two million years. It costs money every second it turns. And nobody on the surface — not the engineer, not the financier, not the minister who announced the megawatts — knows yet whether that well will produce steam or silence. That single moment explains almost everything people get wrong about geothermal energy. Geothermal is routinely described as expensive, slow, capital-hungry and haunted by drilling risk. Investors are reminded that tens of millions can disappear underground before a single megawatt reaches a grid. All of that is true. But it is not the whole truth. The uncomfortable question the industry keeps avoiding is this: is geothermal expensive, or is the way we develop geothermal making it expensive? Those are two completely different problems. One is geology. The other is us. Why Geothermal Refuses to Be...
Unlocking Tanzania's Hidden Energy Potential: Investment Opportunities in Songwe Geothermal Field By: Robert Buluma Image: Simba Marara in Tanzania,just making sure the pride is well secured Nestled in the heart of Tanzania's Songwe region lies a geothermal treasure waiting to be tapped. With hot springs boasting temperatures between 75-85°C, the Songwe Geothermal Field presents a golden opportunity to revolutionize the region's energy landscape, spur economic growth, and position Tanzania as a key player in the renewable energy sector. Tanzania is on the verge of introducing 30 Mwe of energy into its grid from Geothermal and this call from Ngozi is a testament of full steam ahead. The Promise of Geothermal Energy Geothermal energy is one of the most reliable and sustainable energy sources, and Songwe’s hot springs hold immense untapped potential. Harnessing this resource can provide clean, reliable, and affordable energy, reduce reliance on fossil fuels, and pave the ...