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Geothermal Could Power 65 Million U.S. Homes by 2050, DOE Says

Somewhat ironically, the technological breakthroughs that make this veritable holy grail of clean energy possible are largely borrowed from the oil and gas industry. The hydraulic fracturing industry has made leaps and bounds when it comes to advancing and refining drilling technologies, and a workforce with a fracking background has therefore been instrumental in making geothermal more feasible and cost-effective.

For example, Mike Matson, the CEO and cofounder of a startup called Birch Geothermal, is applying his background in drilling and reservoir management in the oil and gas industry and applying that expertise directly to geothermal energy innovation. “Birch plans to make use of sensors and autonomous systems to better control how water moves through geothermal wells, ensuring that heat remains steady for reliable electricity generation,” Forbes recently wrote in a profile of Birch Geothermal. “The team is also focused on optimizing reservoir design using techniques originally developed for the oil and gas industry.”

This marriage of clean energy outlooks with fossil fuel expertise gives the United States a major opportunity to become a world leader in enhanced geothermal. “The U.S. has a number of different superpowers and putting holes in the ground and taking things out of those holes is one of them — and doing so more economically and more efficiently than basically any other place on Earth,” Drew Nelson, vice president of Project InnerSpace, was quoted by Cipher News.

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