Geothermal’s Moment May Soon Be Here
On this episode of Primer from Bloomberg Originals, learn how technology behind the fossil fuel fracking boom is being used to develop clean energy.
Harvested from deep underground, geothermal has long been the underdog of the energy industry, generating just a tiny fraction of the world’s power. But soon that could change. A new crop of startups is integrating technology from hydraulic fracturing, the very drilling technology responsible for a revolution in fossil fuel development, to break things open.
Rather than doing more damage to an overheating planet, “fracking” techniques are instead being used to expand the number of locations where clean geothermal energy can be tapped. On this episode of the Bloomberg Originals series Primer, The Big Business of Drilling Into the Earth, we show how the ground beneath your feet might soon play a big part in helping the world transition away from dirty power.