Unearthing potential: The value of geothermal energy to US decarbonization

Achieving US climate goals requires the development and widespread deployment of all available clean energy solutions. Geothermal energy, while currently only a marginal component of the US energy economy, can contribute significantly to the climate action effort. It has the potential to support deep decarbonization through clean baseload generation, efficient heating and cooling, lithium co-production, and a host of other applications.

However, current policy towards geothermal energy has, thus far, prevented the emergence of a vibrant market that would stimulate sector growth. To realize the potential of geothermal energy, public- and private-sector leaders must support policies that encourage geothermal industries and address regulatory, technical, and economic barriers. This report and accompanying two-pager make several recommendations with the potential to optimize US geothermal policy to set the sector up for a central role in the fight against climate change.

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The Global Energy Center promotes energy security by working alongside government, industry, civil society, and public stakeholders to devise pragmatic solutions to the geopolitical, sustainability, and economic challenges of the changing global energy landscape.

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