Utilizing next-generation geothermal energy technology to meet data center demand
- 1Geothermal energy offers the advantages of providing low-carbon renewable energy as a baseload and supplying power to the grid quickly.
- 2Global financial support for the geothermal sector was $22 million in 2018, but investment in geothermal projects is projected to reach $2.5 trillion by 2050.
- 3Geothermal power faces integration issues requiring power plants to be located near well sites, as well as challenges regarding the safe reuse of existing wells and large-scale scalability.
So what's the key point?
Geothermal energy has the advantage of being able to supply electricity quickly. It is expected that $2.5 trillion will be invested in geothermal projects by 2050.
Source Offshore Technology · View original ↗
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