The United States bets on geothermal energy to meet growing energy demand

Energy Secretary Chris Wright highlighted the importance of advanced geothermal energy in ensuring the United States' energy abundance at the Geothermal House DC MAGMA event in Washington.

Share:

Gain full professional access to energynews.pro from 4.90€/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90€/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 €/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99€/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 €/year from the second year.

At the Geothermal House DC MAGMA event in Washington, Energy Secretary Chris Wright emphasised the need to integrate advanced geothermal energy into the national energy strategy to achieve the energy abundance goal set by President Trump. He stated that geothermal energy holds significant potential as a power source, provided that advanced technologies are used to harness this natural resource.

Geothermal Energy and the Energy Needs of Artificial Intelligence

Chris Wright also pointed out that the artificial intelligence (AI) industry will lead to a significant increase in energy demand. He warned that if this demand is not met, energy-intensive industries may be tempted to relocate their operations outside of the United States. He stressed the importance of keeping these industries within the country, not only for jobs and investments but also for scientific progress and national security.

Initiatives to Accelerate the Development of Geothermal Energy

The event, organised by Project InnerSpace in collaboration with the CRES Forum, brought together representatives from the industry, policymakers, the media, and energy consumers. The goal was to discuss how advanced geothermal energy can enhance U.S. energy security, stimulate economic growth, and create quality jobs in the energy sector. Attendees had the opportunity to discover innovations in geothermal energy, including virtual reality experiences and presentations from specialised startups.

Topics covered included responding to the growing energy demand of data centres and artificial intelligence, the strategic role of geothermal energy in national security, policies to encourage geothermal deployment, and how to leverage American innovation and the oil and gas industry to scale up geothermal energy. Over 40 speakers participated in the event, including Senator John Curtis from Utah and Representatives Randy Weber and August Pfluger from Texas.

An Underutilised Geothermal Potential

Currently, the United States is only tapping into a fraction of its geothermal potential due to high costs and complex permitting processes. However, geothermal energy is an abundant and renewable resource capable of providing baseload electricity as well as industrial heat. The oil and gas sector, with its technology and workforce, could play a key role in rapidly developing geothermal energy at scale.

Baker Hughes joins the development of the second phase of the Hell’s Kitchen project in California, targeting 500 megawatts of geothermal energy to power energy-intensive data centres.
Baker Hughes will supply Fervo Energy with key equipment for five geothermal ORC plants as part of the Cape Station Phase II project in Utah, United States.
A long-term extension secures continuous baseload geothermal power supply to California’s main utilities while strengthening financial visibility in the energy sector.
The inauguration of the Tanawon geothermal site, with a capacity of 22 megawatts, marks a milestone in the expansion of the Philippines’ energy park with local solutions of low carbon footprint.
The rise in investments and the boom in binary cycle technologies are placing geothermal energy at the heart of global energy strategies, driven by heat pump demand and Asian ambitions.
Daldrup & Söhne AG has won an EU-wide tender for drilling geothermal wells in Pullach, a large-scale project that could enhance the economic appeal of geothermal energy in Germany.
The Bureau of Land Management removes rules deemed obsolete to facilitate the development of geothermal projects, announcing new geothermal lease auctions in California and Idaho.
Geothermal Radar unveils an interactive mapping tool and global thermal model designed to support governments and companies in identifying and developing new geothermal sites internationally.
North America registers record funding of $1.7 billion in the first quarter of 2025, driven by emerging innovative techniques exploiting previously inaccessible geothermal resources, according to recent analysis by Wood Mackenzie.
Globeleq and African Trade & Investment Development Insurance finalise a payment guarantee for the Menengai geothermal project (35 MW), securing financing ahead of its planned operational launch in Kenya.
Ignis Energy closes its $13.6mn Series A funding round, gathering international players to finance geothermal projects in the United States and Türkiye, now entering the technical maturity phase.
Austrian oil group OMV announces a seismic campaign starting in December 2025 in the Graz region, aiming to identify potential deep geothermal reservoirs suitable for local energy production.
Saint-Nazaire Agglo and Dalkia officially sign a Public Service Delegation contract for a 37-kilometre urban heating network, primarily fuelled by thermal recovery and local biomass, operational from 2030.
Ormat Technologies acquires the Blue Mountain geothermal power plant in Nevada from Cyrq Energy, enhancing its energy generation capacity to 1,268 MW, with potential expansion through technical upgrades planned in the short term.
Unit 2 of the Lumut Balai geothermal plant, with a capacity of 55 MW, has successfully synchronized to the Indonesian national grid, paving the way for full commercial operation scheduled by the end of June 2025.
A new report states that the US state could reach 163 GW of geothermal capacity through a set of public measures and expertise drawn from its oil sector.
Eavor Technologies secures an additional CA$138mn from the Canada Growth Fund for its geothermal project in Germany, reinforcing its operational base in Canada.
Project InnerSpace and Indonesia's IESR join forces to accelerate national geothermal development, estimated at 3,000 GW, with a strategic report expected in the autumn.
Advances in enhanced and closed-loop geothermal systems are drawing growing interest from governments and tech giants, despite critical cost reductions still needed for competitiveness.
Enertech Global will supply heat pumps for a 1,500-home project in partnership with Dandelion Energy, marking one of the largest residential geothermal deployments ever undertaken in the United States.

Log in to read this article

You'll also have access to a selection of our best content.