After decades of being largely the preserve of countries in volcanic regions, the use of geothermal energy--for both heat and power applications--is now expanding worldwide. This reflects its excellent low-carbon credentials and its ability to offer baseload and dispatchable output - rare amongst the mainstream renewables. Yet uptake of geothermal still lags behind that of solar and wind, principally because of (i) uncertainties over resource availability in poorly-explored reservoirs and (ii) the concentration of full-lifetime costs into early-stage capital expenditure (capex). Recent...
After decades of being largely the preserve of countries in volcanic regions, the use of geothermal energy--for both heat and power applications--i...
