Clifford Chance

Energy Transition: What role can geothermal power play?

5 January 2024

Geothermal energy is among the oldest types of power harnessed by humans. It holds a unique place in the energy mix, thanks to being entirely independent of weather yet not relying on fossil fuels. Once operational, geothermal plants can produce a steady output all year round, day and night, often for at least 20-30 years.

With the need to transition from fossil fuel power plants, countries around the world are looking for alternatives to stabilise electricity grids. Such alternatives are nowadays most often powered by renewable energy sources such as wind and solar power, many being intermittent in nature. Geothermal power, thanks to its baseload nature, could play a vital role in the energy transition.

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