Exploring the Geothermal Resource Potential in the U.S.
July 1, 2024Viability Assessment of Geothermal Using Integrated Energy Planning

Partner: Project Innerspace
Geothermal energy has vast potential to provide baseload power for the global power and heating sectors. Despite this, it currently contributes only 0.4% to the United States energy mix and 0.5% globally, which highlights a significant untapped opportunity. While geothermal energy offers a stable, low-carbon source of power, its integration into energy systems has been limited. Enhanced and hydrothermal geothermal systems can play a crucial role in diversifying energy sources and supporting the transition to a more sustainable energy future.
This project integrates enhanced and hydrothermal geothermal systems into an open-source PyPSA-based energy system model, allowing for co-optimization of investment and operation of power and thermal assets at varying temperatures. These insights will be invaluable in advancing the role of geothermal energy, especially for policymakers looking to achieve net-zero objectives. The outcomes of this project will provide critical insights into the integration of geothermal energy into modern energy systems. It will support the U.S. and global energy transition, offering guidance for future investments and contributing to the promotion of geothermal energy as a key player in achieving global net-zero targets.
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