Geothermal’s potential to be a pivotal player in the energy transition

PrachiChitkara
PrachiChitkara Posts: 31 admin
edited December 4 in Seequent Articles

FAST FACTS:

  • Geothermal energy comes from heat in the earth’s core and has been used by people for cooking and heating for thousands of years
  • The first geothermal energy plant opened in Italy in 1904. It produced enough steam to power five light bulbs.
  • Geothermal energy is weather-independent unlike wind, hydro and solar, which means it can contribute to grid stabilisation
  • New Zealand has a rich history with geothermal, and has played a leading role in geothermal innovation. In 2022, geothermal energy contributed 18.5% of the country’s total electricity supply. It is one of the country’s cheapest and largest sources of renewable energy.
  • Iceland is a pioneer in the geothermal district heating space with more than 90% of Icelandic households now being heated by geothermal energy

Tagged: