Next-Generation Geothermal innovations exciting policymakers
Next-generation geothermal energy is undergoing a resurgence that is addressing significant challenges that have hindered it in the past, which is capturing the heightened interest from policymakers. According to Canary Media, geothermal deal counts increased significantly between 2021 and 2024, leading to a cumulative capital raise of $250 million. These developments offer a solution to the urgent need for carbon-free energy sources capable of supplying 24/7 power to industries, cities, and data centers.
Geothermal opportunities in the Pacific Rim could fuel major institutions
Geothermal energy could provide value to U.S. institutions in the Indo-Pacific region, according to an article by Foreign Policy, as it offers stable power that can boost energy security and geoeconomic interests. The article highlights that “all modern energy systems need baseload power,” and that de-risking geothermal technology is essential in driving large-scale development of this always-on energy source.
