Geothermal Energy

Source of renewable baseload power that is generated from the Earth's thermal energy, with recent innovations like enhanced geothermal looking to improve applicability to more regions.

Lux logo LUX TAKE:

Geothermal remains a very small part of the global energy supply, contributing to less than 1% of power generation, and is being held back by its somewhat high capex costs and limited high-quality resource availability, and thus limited total addressable market. Nonetheless, geothermal has the highest capacity factor and remains an interesting niche, depending on location and regional policies. ...

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