Tuesday, May 14, 2019

Finance: Report Suggests an Additional 100 GW Geothermal With Regulatory Reform

Regulatory Reform Could Unlock Gigawatts of Zero-Emission Geothermal (ClearPath)

By Spencer Nelson, ClearPath

Geothermal energy is a highly promising and reliable zero-emission technology.

The biggest hindrance to geothermal development are permitting and other regulatory barriers that are more stringent than for oil and gas.

Moving towards centralized permitting and more pragmatic environmental reviews could lead to a 500% increase in geothermal capacity using existing technology and up to 100 gigawatts (GW) (an increase of 3700%) with new technology.

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