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...
Eavor Signs Geothermal Action Plan in the Netherlands Published on February 29, 2024 By Robert Buluma In a significant stride towards sustainable energy solutions, Eavor, a leading player in the geothermal energy sector, has recently inked a pivotal agreement aimed at accelerating geothermal energy production in North Brabant, the Netherlands. This collaborative effort, spearheaded by the province of North Brabant, the municipality of Helmond, and EBN B.V., a Dutch government-owned company, signals a concerted push towards cleaner and more reliable energy sources. The newly signed action plan encompasses a range of initiatives designed to overcome existing obstacles and optimize geothermal energy infrastructure in the region. Among the key focus areas are addressing challenges in the Ruhr Valley, enhancing the accuracy of geological data, managing financial risks effectively, and streamlining heating networks for sustainable operations. Furthermore, the plan entails thorough resea...