– DOE releases report on potential of next-generation geothermal power to transform US energy landscape
– Report shows potential for geothermal energy production to increase by 20x by 2050
– Next-generation geothermal technology could create thousands of jobs and support the Biden-Harris Administration’s clean energy goals
The US Department of Energy recently released the “Pathways to Commercial Liftoff” report, focusing on the potential of next-generation geothermal power to revolutionize the US energy landscape. This report projects that advanced geothermal technology could increase US geothermal energy production to 90 GW by 2050, supporting the Biden-Harris Administration’s goal of a carbon-free electricity grid by 2035 and creating jobs in the clean energy sector.
US Secretary of Energy Jennifer M. Granholm emphasized the importance of continued innovation in clean energy technologies, including geothermal power. Next-generation geothermal technology represents a significant advancement in tapping into the Earth’s heat for power generation, offering more efficient and sustainable methods. This approach benefits from existing technology, supply chains, and workforces from the oil and gas sector.
Key findings from the report highlight the potential for significant expansion of next-generation geothermal power, with the ability to provide 90 GW of clean and reliable power by 2050. The report also emphasizes the opportunity for the existing oil and gas workforce to transition to the geothermal sector, as well as the advantages of sustainable production, lower costs, and access to geothermal resources throughout the nation.
The release of this report aligns with DOE’s Enhanced Geothermal Shot and Energy Earthshots Initiative, aiming to unlock Earth’s heat resources and bring enhanced geothermal systems nationwide. This initiative supports the Biden administration’s commitment to investing in clean energy technologies and creating a more sustainable energy future for America.