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Meet the renewable energy source poised for growth with the help of the oil industry

1 min read
Meet the renewable energy source poised for growth with the help of the oil industry

Photo caption: A geothermal energy plant taps deep underground heat from the southern San Andreas Fault rift zone near the Salton Sea on July 5 near Calipatria, Calif. Photo credit: David McNew / Getty Images. Article by Ben Lefebvre and Kelsey Tamborrino. Politico – January 1, 2023.

Companies already normally associated with oil and gas drilling in the United States have started delving more deeply into geothermal projects

One of the oldest forms of clean power is ready for a comeback — and it’s not wind or solar. Geothermal energy — the technology that harnesses the heat beneath the Earth’s crust — is drawing fresh interest after lawmakers boosted funding flows for it in the bipartisan infrastructure law and Inflation Reduction Act, dovetailing with advances in technology, new state incentives and interest from the oil drilling sector. […]

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