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DoE report highlights market potential for geothermal energy

The US Geothermal Power Production and District Heating Market report explores the role of geothermal in accelerating the country’s energy transition and helping to reduce carbon emissions.

The study has found that increasing investments in geothermal energy production for heating and cooling will have a significant impact on the country’s efforts to reduce carbon emissions by 50% by 2030 and to help the electricity sector to achieve a carbon-free target by 2035. This is evidenced by the role the geothermal district heating sector is playing in helping Asia and Europe decarbonise owing to the maturity of the market in the two regions.

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