Geothermal energy poised for boom, as U.S. looks to follow Iceland’s lead

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Geothermal energy poised for boom, as U.S. looks to follow Iceland’s lead
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The small island nation of Iceland is known among environmentalists for its low greenhouse emissions — per capita, roughly one-third of those of the United States — thanks in part to its reliance on clean, geothermal energy.

at which it flows with the ease of gas but carries the energy density of a liquid, so it would provide far more bang for the buck when piped to the surface.

Whether anything that futuristic pans out, experts and industry observers say the U.S. geothermal energy industry may be on the cusp of its own, fracking-like boom.potentially 40 times Skeptics point out that enhanced geothermal systems will have plenty of technical obstacles. Friedemann’s list includes, among other things, water escaping into the rock cracks, the need for materials that can withstand incredibly high temperatures, and the fact that new techniques that work in one area may not apply everywhere, given the variability in geology around the country.

Nonetheless, oil and gas companies are increasingly interested. “Baker Hughes, one of the largest drilling companies in the world, is expanding its geothermal business and has formed a partnership with Continental Resources and Chesapeake Energy — two giants in the independent oil and gas sector — to test whether they can profitably turn spent natural gas wells into geothermal facilities,” Politico recently reported.

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