The International Energy Agency (IEA) believes that advanced drilling technology and “fracking” expertise can unlock the huge potential of geothermal energy, which could provide a significant source of clean power. According to the IEA, geothermal energy could potentially supply the US with enough power to meet its needs for thousands of times over. This technology breakthrough could revolutionize the way we generate energy, providing a clean and sustainable alternative to fossil fuels. China and India are expected to lead the way in Asia’s geothermal market, with both countries already making significant investments in the technology. In fact, China is already the world’s largest producer of geothermal power, with an installed capacity of over 2.5 gigawatts. The development of advanced drilling technology is expected to open up new opportunities for geothermal energy around the world, making it a game-changer in the fight against climate change.
