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...
From Steam Engines to Servers: How a Historic Norwegian Factory Site is Reinventing Energy for the Future By: Robert Buluma In the heart of Telemark, Norway, where rivers once powered the industrial revolution, a quiet but profound transformation is taking place. The riverbanks that echoed with the clatter of heavy machinery are now the site of a different kind of innovation—one that merges the ancient stability of the Earth’s core with the high-tech hum of the digital age. The project is Nye Skotfoss Brug. It is a story about respecting the past while building a carbon-free future. It’s a story about taking waste—specifically, waste heat—and turning it into a community asset. And at its core, it’s a masterclass in circular energy economics. Let’s unpack how a team of forward-thinking developers, geothermal drilling experts, and energy system designers are turning a historic industrial site into a "futura district"—a blueprint for how we might heat our homes and power our l...