CleanTechnica•about 1 month ago
New Coal-Killing Geothermal Energy Anomalies Discovered In The US
Key Takeaway
AI-driven exploration is making geothermal development more cost-effective and expanding the potential resource base in the US, offering new baseload renewable opportunities for developers and large power consumers.
AI Summary
- •A new AI-driven, cost-cutting exploration system is uncovering previously hidden geothermal energy anomalies across the US.
- •The 'cost-cutting' nature of this exploration technology suggests a potential reduction in the Levelized Cost of Energy (LCOE) for future geothermal projects.
- •Investor interest is piqued, indicating a likely increase in financing and development activity for new geothermal power plants.
- •These discoveries offer new opportunities for IPPs to develop baseload, zero-emission generation and for large power consumers to secure stable, long-term renewable PPAs.
Topics
emissionsfinancingpolicyppa
Article Content
A new cost-cutting, AI-driven, underground exploration system is revealing hidden geothermal resources in the US, and investors are taking notice. The post New Coal-Killing Geothermal Energy Anomalies Discovered In The US appeared first on CleanTechnica .