you are standing on the future of energy
How much do you know about geothermal? Most view this perpetual source of clean energy from the Earth's core as futuristic.
It’s happening now and will soon be everywhere.
Geothermal power is one of the most reliable renewable energy sources, providing a consistent and stable electricity supply throughout the year. Harnessing the earth’s heat reduces emissions by about 99% less carbon dioxide than fossil fuels, emitting 97% less acid rain-causing sulfur compounds. Additionally, geothermal energy offers long-term cost savings due to its minimal fuel requirements and low maintenance needs. This form of energy has been used for over a century, and continuous technological advancements have increased global popularity.
Countries currently utilizing geothermal include Iceland, New Zealand, the Netherlands, Kenya, and the United States. Iceland is a prime example of a successful transition to geothermal energy; over 90% of Iceland’s buildings are heated using geothermal energy.
With advancing efforts in global sustainability, the need for investment in clean energy cannot be overstated. Geothermal systems are highly efficient and reduce energy consumption by 70%. Additionally, geothermal projects contribute to local economies by providing a stable source of revenue, attracting investments, and supporting local businesses. Technology in geothermal can safely accelerate the energy transition while supporting easily transferable jobs, infrastructure, and technologies from the oil and gas industry.
There are four common geothermal practices:
Engineering Geothermal
Heat pumps are purposed to cool and heat individual buildings or groups of buildings in depths of 30 meters with temperatures and power unknown without further study into thermal gradients.
Shallow Geothermal
Utilizing the energy of water from rivers to aquifers in shallow groundwater, mine water, surface water, and wastewater of depths up to 100 meters with temperatures exceeding 39.2 Fahrenheit (4 Celsius) with power production unknown without further study into thermal gradients.
Low- and Medium- Temperature Geothermal
Thermal Water (also known as Geothermal Water) in existing commercial heating plants, company boiler plants, and general district utility heating systems in depths up to 3000 meters with temperatures in the range of 86 Fahrenheit (30 Celsius) to 194 Fahrenheit (90 Celsius) can generate 1 MW of power.
High-Temperature Geothermal
Capturing the heat from the Earth’s core in depths of 6000 meters or more with temperatures and power production unknown without further study into thermal gradients.
One of the leading solutionists in geothermal is our client, GA Drilling, which works to democratize energy through innovation with a global impact via its plasma drilling technology, PLASMABIT®. This drill enables faster drilling speeds, reduces wear on drilling tools, and can efficiently drill through hard, abrasive materials.
Geothermal still has critical short-term targets. However, energy independence and climate resiliency can be accelerated by enhancing existing energy infrastructure and providing four-season, uninterrupted, dependable baseload power.
Sectors like renewable energy are rapidly evolving. Innovations open up expanding possibilities for commercial applications, presenting opportunities for collaboration and cross-pollination of ideas between different industries, such as space, energy, life, and material sciences.
If you are looking toward a greener tomorrow, stay on top of new advancements by following Gallant Culture on social media. Get in touch to see how our curated strategies and expert branding can help you.