The Energy Source Hiding Beneath Your Feet

Posted 2 hours ago by

Bloomberg

As data centers push US electricity demand toward a projected 20 increase over the next decade, one overlooked power source is getting a second look: geothermal. New techniques borrowed from oil and gas fracking are unlocking heat from deep underground in places far beyond traditional hot springs. Private capital has poured more than 1.5 billion into next-gen geothermal since 2021, and companies like Ormat and Sage Geosystems are partnering to bring commercial projects online by 2027.