Hasty Briefsbeta

Geothermal energy might be the baseload revolution we've been looking for

5 days ago
  • #renewable-energy
  • #sustainability
  • #geothermal-energy
  • Iceland's transition to geothermal energy reduced reliance on fossil fuels from 75% to nearly 100% for heating and 25% for electricity.
  • The Iceland Deep Drilling Project (I.D.D.P.) accidentally hit magma, creating the world's hottest geothermal well, producing 10x more energy than a regular well.
  • Geothermal energy is carbon-free, available 24/7, and leaves a small footprint, but upfront costs are high.
  • Enhanced Geothermal Systems (E.G.S.) use fracking technology to access geothermal energy in non-volcanic regions, pioneered by companies like Fervo Energy.
  • Geothermal heating systems are being adopted in urban projects, such as St. Patrick’s Cathedral in NYC and district heating in Spain and Colorado.
  • Zambia is exploring geothermal energy to supplement hydropower, which has been unreliable due to droughts.
  • Investment in geothermal energy has surged, with tech giants like Google and Microsoft adopting it for data centers.
  • Geothermal energy is seen as a reliable, clean, and eventually cheap energy source, appealing to both environmentalists and energy companies.