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...
Scotland’s First Deep Geothermal Heating Plant: NHS Grampian and TownRock Energy Explore Renewable Future By: Robert Buluma Scotland is taking a significant step toward renewable energy with the potential construction of its first deep geothermal heating plant in Aberdeen. A recent Scottish Government-funded feasibility study, conducted by TownRock Energy in partnership with NHS Grampian , has revealed the immense potential of harnessing geothermal energy beneath the city. This groundbreaking initiative could transform heating systems, reduce carbon emissions, and support the local community in tackling rising energy costs. Feasibility Study Highlights Geothermal Potential The desk-based study, completed by TownRock Energy, examined three different geothermal technologies for the Foresterhill Health Campus . The study concluded that an Enhanced Geothermal System (EGS) , reaching depths of 3.5km to 5km, would provide the most efficient and reliable source of renewable heat. ...