The global geothermal power market was valued at USD 7.87 billion in 2022. It is estimated to reach USD 11.79 billion by 2031, growing at a CAGR of 4.6% during the forecast period (2023–2031).
You don’t get to drill a hole then, like hanging a picture, move it over if you’ve missed the best location.” “Exciting finding: extreme heat & pressure can help create better enhanced geothermal ...
In Iceland, where geothermal is a major source of power and heating, the researchers from the Krafla Magma Testbed (KMT) will be looking to revolutionize geothermal energy.