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Geothermal Energy Expansion Potential

Sector: Education

Source: ABC News

Project
Planned

According to a report from the International Energy Agency (IEA), geothermal energy could meet 15% of global electricity demand growth between now and 2050 if project costs continue to decline. Geothermal energy offers 24/7 energy generation and heat production/storage benefits. The IEA estimates that growth in geothermal energy could generate investment worth $1 trillion by 2035, leveraging techn

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The project “Geothermal Energy Expansion Potential” is an infrastructure initiative in the Education sector. Taiyo aggregates data on it from ABC News.

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Status

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Planned

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Description

Description

According to a report from the International Energy Agency (IEA), geothermal energy could meet 15% of global electricity demand growth between now and 2050 if project costs continue to decline. Geothermal energy offers 24/7 energy generation and heat production/storage benefits. The IEA estimates that growth in geothermal energy could generate investment worth $1 trillion by 2035, leveraging technology and expertise from the oil and gas industry.

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Source

Source reliability

High

Data quality score

100%

Source

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More Details

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