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Startups Are Shaking Up Geothermal Power’s Prospects

While this year’s CERAWeek by S&P Global—an annual energy conference hosted in Houston, Texas—once again heavily focused on energy innovation solutions that span the entire energy ecosystem, U.S. Energy Secretary Jennifer Granholm in a standout moment enthusiastically extolled one: geothermal energy.

“Geothermal is hot!” she declared at a fireside chat that followed her keynote speech. Queried about her optimism, the energy secretary touted the multiple benefits of harvesting the energy source stored in the Earth’s crust. “The heat beneath our feet is 24/7/365,” she said. “Depending on how far down you go … you can power the entire world over with being able to pull up heat from beneath our feet.”

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