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Shale drilling techniques could lead to a geothermal surge, IEA says

The International Energy Agency (IEA) suggests that the application of drilling techniques from the shale oil and gas industry could significantly boost geothermal energy production. According to the IEA's report, these techniques could help in tapping into the Earth's heat more efficiently, potentially leading to a surge in geothermal energy use. This development is seen as part of a broader strategy to reduce carbon emissions and transition towards more sustainable energy sources. The report highlights that geothermal energy, which is both renewable and reliable, could play a crucial role in decarbonizing heating and electricity sectors, especially if the costs are driven down through technological advancements borrowed from the shale industry.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/energy/shale-drilling-techniques-could-lead-geothermal-surge-iea-says-2024-12-13/ ]