EGS News & Analysis

Geothermal Energy: New Drilling Technology Supports Development Efforts

Geothermal energy, a topic of bipartisan support, is gaining traction due to new drilling technologies aimed at accessing deeper, hotter locations. The Next-Generation Geothermal Research and Development Act has been introduced to direct the Department of Energy in developing advanced geothermal systems. Enhanced geothermal systems (EGS) involve hydraulic fracturing techniques, akin to those used in oil and gas. The company Quaise is pioneering millimetre wave drilling, which could enhance access to geothermal resources worldwide, potentially transforming the energy landscape. Efforts to commercialize such technologies could impact U.S. energy independence and greenhouse gas emissions.