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Lugh@futurology.todayM to Futurology@futurology.todayEnglish · 6 months ago

Geothermal power may be about to kill the Nuclear Energy industry. Drilling costs are falling so fast, by 2027 it will be able to provide baseload electricity at the same price.

www.nature.com

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Geothermal power may be about to kill the Nuclear Energy industry. Drilling costs are falling so fast, by 2027 it will be able to provide baseload electricity at the same price.

www.nature.com

Lugh@futurology.todayM to Futurology@futurology.todayEnglish · 6 months ago
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Enhanced geothermal systems for clean firm energy generation | Nature Reviews Clean Technology
www.nature.com
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Geothermal energy provides clean, steady and renewable electricity and heat, but the use of geothermal energy has conventionally been constrained to locations with adequate subsurface heat and fluid flow. Enhanced geothermal systems (EGS) enable geothermal energy usage in unconventional areas by enhancing the subsurface permeability and increasing fluid flow, which is then extracted as a carrier of the thermal energy. In this Review, we discuss the development of EGS and its role in providing energy. Some EGS are operating commercially in Europe and provide heat and/or electricity, but technical issues and concerns over induced seismicity have historically hindered the broader expansion of EGS. Adaptation of advanced drilling techniques (including the use of polycrystalline diamond compact bits, multiwell drilling pads, horizontal drilling and multistage stimulation) is enabling an increase in scale and decrease in cost of EGS projects. As a result, in the USA, enhanced geothermal is expected to achieve plant capital costs (US$4,500 kW−1) and a levelized cost of electricity (US$80 MWh−1) that are competitive with market electricity prices by 2027. With further development of EGS to manage induced seismicity risk and increase system flexibility, EGS could provide stable baseload and potentially dispatchable electricity in clean energy systems. Enhanced geothermal systems can provide clean energy in areas where conventional geothermal systems are not viable. This Review discusses energy production through these systems and the technological developments that could enable its future expansion.
  • Omgboom@lemmy.zip
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    6 months ago

    It’s been just around the corner for like 30 years

    • ElderReflections@fedia.io
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      6 months ago

      Yeah but that corner is sooo close now

    • zagaberoo@beehaw.org
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      6 months ago

      Cold fusion was an academic fraud. The actually possible but eternally around-the-corner tech is just plain fusion.

      • GreyEyedGhost@lemmy.ca
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        6 months ago

        It’s amazing how little advancements we make when we don’t fund them…

    • Pennomi@lemmy.world
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      6 months ago

      There have been so many corners it’s now a circle

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