Alphaxioms Geothermal News and Related Research Globally

The Rising Potential of Geothermal Energy: Insights from the  IEA The Internationa geel Energy Agency  (IEA) has shed light on the transformative potential of geothermal energy in its latest report. As a clean, renewable resource, geothermal is uniquely positioned to play a vital role in achieving global climate goals, thanks to its reliability and diverse applications. The report emphasizes the urgent need for investments, technological innovation, and supportive policies to maximize geothermal's contribution to the energy transition. Earlier on we reported on the agencies deep dive into critical minerals and we are fascinated to keep our readers on track. Current Status and Future Projections Geothermal energy is currently underutilized, generating 67 TWh of electricity annually. However, with enhanced deployment strategies, this figure could soar to 1,400 TWh by 2050. Additionally, direct applications of geothermal heat could rise to 1,600 TWh annually. This growth would s...

Unleashing the Power of Earth's Heat: NRW's Masterplan Geothermal By: Robert Buluma In a groundbreaking move towards sustainable energy, the state of North Rhine-Westphalia (NRW) unveils its ambitious "Masterplan Geothermie NRW." Spearheaded by the dynamic Wirtschafts- und Klimaschutzministerin Mona Neubaur, this plan promises to revolutionize the region's energy landscape, tapping into the immense potential of geothermal energy as a reliable and carbon-neutral heat source. Given that Geothermal energy has been approved as a vital way of meeting energy needs with policies being approved this blue print is a one way of making Geothermal work Geothermal energy, often overshadowed by its more visible counterparts like solar and wind power, holds remarkable promise in the quest for renewable energy solutions. By harnessing the Earth's natural heat stored beneath its surface, NRW aims to reduce its reliance on fossil fuels and make significant strides towards achie...