The European Council recently concluded an approval to promote geothermal energy within EU member states, aiming to accelerate the decarbonization of heating and cooling with an affordable and secure energy source. To achieve this, the Council calls for faster geothermal deployment and facilitating permitting and access.
Advanced geothermal technology is garnering attention for its capacity to offer a transformative solution to the rising energy demands of AI-driven data centers. Unlike traditional energy sources, closed-loop geothermal systems provide reliable, baseload power that can operate almost anywhere, making them uniquely suited for the rapid growth of AI and data centres.
The World Resources Institute completed an analysis of the benefits, costs and potential risks of next-generation geothermal energy, stating that this technology is already bringing down capital costs and standing out for its high resource potential.
To meet the massive energy demands of new data centres, Eavor CEO John Redfern emphasized the potential of next-generation geothermal to meet their quota. Unlike intermittent renewable sources, geothermal offers reliable, baseload power—an essential feature for tech companies seeking stable and independent energy solutions.
Eavor CEO John Redfern, in an interview with the National Observer, stated that the time is right for geothermal energy, as it has benefited from the expertise of the oil and gas industry as well as advancements in wind and solar markets.
Eavor’s Executive Vice President of Corporate Affairs Jeanine Vany was spotlighted by WING’s Women in Geothermal USA publication, accentuating her career as a geoscientist and her perseverance in scaling Eavor’s next-generation geothermal technology.
