CleanTechnica•29 days ago
Exposing the Learning-Curve Myth: Why Enhanced Geothermal Cannot Follow Solar’s Cost Trajectory
- •Enhanced Geothermal Systems (EGS) are unlikely to achieve the rapid cost reductions seen in solar power due to inherent complexities in drilling, geological uncertainty, and lack of standardization, challenging optimistic projections.
- •The article suggests that EGS will not become a cheap, scalable source of firm, low-carbon electricity as quickly as advocates hope, impacting resource planning and PPA pricing for firm power.
- •Policy agencies' scenarios for EGS costs may be overly optimistic, implying a need for recalibration in energy policy and investment strategies for firm, decarbonized power.
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