California is on the Brink of a Geothermal Boom… and this is Exciting News for the USA and the World (LinkedIn)
By Will Pettitt, Executive Director, Geothermal Resources Council (GRC)
California is going through an amazing transition to 100% renewable and clean power by 2045. That’s incredibly exciting for everybody in our international geothermal community as geothermal energy will be a major piece of the transition.
A recent decision by the California Public Utilities Commission (CPUC) gave geothermal a target for supplying 2,900 MW of net power into the grid in 2030. Considering the current metrics for geothermal power generation in the state, this equates to the industry needing to install about 2,500 MW of new nameplate capacity over the next decade. This is also exciting news for the rest of the USA and the world because the evolution of the geothermal power market in California highlights geothermal’s critical role in fighting climate change and transitioning to renewable energy that can be translated elsewhere. As well as a direct reduction of green-house gases, geothermal power underpins the growth of intermittent power sources with renewable baseload that gives unique reliability and resilience to the grid in a transitioning power economy.
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