Geothermal Energy Expects Growth in the Race to Achieve Clean Energy

By Shubhendra Anand , 11 June, 2024

The clean energy attainment in the environment is actively incorporating conventional renewable energy sources into the sustainable mechanism of 2023. With the growing need for an energy transition, countries aim to replace fossil fuels with renewable energy, like wind and solar energy. Geothermal energy is not talked about much in renewable energy sources, but it can be used powerfully like others to attain sustainable development by 2050.

Geothermal energies can be used to generate electricity and heating or cooling mechanisms. The clean energy target has been set up to fight against climate change and aims to achieve net zero by 2050. There is a shift in the energy sector to renewable energy sources, but the transition mostly using wind and solar energy. In contrast, geothermal energy can also trap the heat within the earth's crust. According to trusted sources, the United States wrongly utilized geothermal energy in 2019 that could produce only 18,300 gigawatt hours, which helped only 0.4 percent of the United States power generation. In Europe, only 1.5 gigawatt of electricity is geothermal from 209 Gigawatt. Also, only 800 geothermal wells are drilled annually, whereas more than 100,000 oil wells are drilled globally annually in Europe. According to the IRENA (International Renewable Energy Agency), solar and wind energy dominate mostly, whereas geothermal energy accounts for only 181 Megawatt in 2022.

Geothermal energy is location-specific but available at a low cost worldwide. This renewable energy can be used to provide firm and dispatchable electricity; also, geothermal energy is cleaner than fossil fuel. Thus, geothermal energy can also be incorporated into the energy sector to generate clean energy. It can be a part of the energy transition mechanism by providing equal assistance, like wind and solar energy, in developing clean energy.

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