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 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 a high capacity factor and remains an interesting niche, depending on location and regional policies. ...
News Commentaries
Changing of the seasons: Seasonal thermal energy storage for large-scale residential heating (October 25, 2022)
Orca to Mammoth: Climeworks' new facility scales up its DAC capacity 10 fold (June 28, 2022)