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What’s Holding Geothermal Energy Back?

From oilprice.com

It’s abundant, and it’s emissions-free: the heat from the earth’s mantle that reaches well into the crust and gives deep drillers a headache occasionally is the new star on the renewables block. Nevertheless, oil and gas companies have been somewhat reluctant to embrace it. Let’s first clarify: geothermal energy is only “new” in terms of the media attention it has been getting. Researchers - including people from the oil and gas industry - have been working for decades on technologies to extract the heat from the earth and either use it directly or turn it into electricity. It is only gaining prominence now as these ... (full story)

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  • Category: Fundamental Analysis