According to a report released in 2019 by the U.S. Department of Energy, geothermal electricity generation could increase more than 26-fold by 2050—reaching 60 GW of installed capacity. That may seem like a pipe dream to some power observers, but if new well-drilling techniques allow enhanced geothermal systems to become economical, the reality could be much greater. In fact, Quaise Energy, a company working to develop enabling technologies needed to expand geothermal on a global scale, claims as much as 30 TW of geothermal energy could be added around the world by 2050.
