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Stored deep within the earth’s core, geothermal energy is a naturally occurring renewable resource receiving backing from big tech companies. The aim is to harness this energy to fill gaps in wind and solar power generation, providing a source of clean power without burning fossil fuels such as coal, gas, or oil.
Straight Arrow News contributor Peter Zeihan explains how geothermal energy works and why it might be a potential game-changer for meeting America’s electricity needs.
Excerpted from Peter’s Dec. 7 “Zeihan on Geopolitics” newsletter:
The Google-backed company, Fervo Energy, has launched two geothermal projects that use preexisting shale technology and infrastructure to generate electricity. Could this be a partial solution to the looming electricity shortage?
The pilot project in Vegas is too small for me to place any bets, but the next project in Utah aims to be on par with other large power plants. This technology allows us to tap into the Earth’s crust, detect and access hot zones where they might not typically be found, and develop a reliable and dispatchable energy source.
Again, don’t go counting those chickens until we hear back on whether this project was a success or not. In the meantime, we’ll appreciate this technology as a refreshing solution in light of a rather hefty need for power supply expansion.