The European Union is exploring geothermal energy as a key component of its clean energy strategy to reduce emissions and dependence on fossil fuels.
Back in 2020, the European Union gave the go-ahead to a project looking into the viability of extracting geothermal energy from oil wells. The idea diversify low-carbon energy sources beyond wind and solar. Now, they are doubling down on heat from the ground.
Geothermal resources are abundant everywhere the Earth's core radiates heat outwards into the mantle and the crust. Oil and gas drillers are familiar with this heat and know that the deeper you drill, the hotter it gets. That heat is the goal of geothermal drilling. However, because heat makes drilling trickier at greater depths, geothermal drilling is an expensive undertaking; the deeper the well, the more expensive it becomes.
Renewable Energy EU Energy Policy Clean Energy Transition Energy Independence Emissions Reduction Geothermal Heating Geothermal Power Sustainable Energy Climate Change
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