Geothermal Energy Poised to Nearly Double in Value by 2034

OilPrice.com · Michael Kern · 2025-11-20 18:00 UTC

The global geothermal power market is projected to reach $14.5 billion by 2034, driven by its high-capacity baseload power, technical advancements like Enhanced Geothermal Systems, and increasing clean energy investment despite high initial capital costs.

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