U.S. Geothermal Capacity Set To Grow by 1,900% by 2050

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U.S. Geothermal Capacity Set To Grow by 1,900% by 2050
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The U.S. government has allocated substantial funding to develop geothermal energy, aiming to significantly increase its contribution to the country's electricity needs.

Governments around the globe are exploring innovative ways to produce cleaner energy that will help decrease the overreliance on polluting fossil fuels. This ranges from more traditional green energy , such as solar and wind power, to less common options like tidal and geothermal power. As part of its aim to undergo a green transition, the U.S. government recently unlocked millions in funding to develop the country’s geothermal potential, after years of pressure from the industry.

EGS could more than double the amount of recoverable geothermal energy in the U.S. and extend the life of existing geothermal sites. Chevron will run a pilot project, which will roll out new drilling and stimulation techniques to access geothermal heat at a site in Sonoma County, California. The aim is to eventually develop 600 MW of incremental geothermal capacity, with initial projects expected to provide 60 MW.

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