Geothermal Energy A Win-Win for Democrats and Republicans

Geothermal energy is at the precipice of a major breakthrough in the United States. As technology rapidly advances, it’s seeming more possible than ever that the once niche energy production method could soon scale up for mass deployment in nearly any environment. Pilot projects are taking off across the country as federal funding rolls in for research and development of these new methods, but the future of geothermal remains mired in political uncertainty.

The Biden Administration is particularly bullish about geothermal’s potential to contribute to the country’s decarbonization goals as a reliable baseload energy with zero carbon emissions. As such, the feds have introduced a sweeping initiative to speed up the development of enhanced geothermal systems ESG. A 2019 Department of Energy report projected that if ESG progresses as planned, geothermal power could represent around 60 gigawatts of installed capacity in the United States by 2050 and 8.

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