"Geothermal energy stands as the one alternative energy option supported by both the Biden and Trump administrations. In the Declaring a National Energy Emergency and Unleashing American Energy executive orders signed on January 20, 2025, to promote energy advancement, President Trump was careful to include geothermal energy, a point his newly-confirmed Secretary of Energy drove home at a major industry conference last week:
As a recently published report by the International Energy Agency makes clear, there are concrete reasons why geothermal energy enjoys bipartisan support. The Earth functions as a massive nuclear reactor, generating far more high-grade heat than humanity could ever harvest. Tapping even a tiny fraction of this energy would be “sufficient to meet global electricity demand 140-times over.” Unlike wind and solar, geothermal energy is dispatchable—it can provide reliable, on-demand electricity that adjusts to grid needs. It has been nearly three years since we last examined the technology, and given these developments, we felt it worthy of another look. Let’s explore what has changed, whether the current excitement is justified, and the key challenge that may always constrain geothermal energy’s growth...“Secretary of Energy Chris Wright on Tuesday threw his support behind a vast expansion in geothermal energy. Emerging forms of geothermal use technology from the fossil fuel industry to generate power on demand without air pollution—something Wright’s company, Liberty Energy, invested millions in.
While geothermal ‘hasn’t achieved liftoff yet, it should and it can,’ Wright told attendees at MAGMA, a Republican-facing pro-geothermal event in D.C. on Tuesday. A mature geothermal industry, he said, ‘could better energize our country, improve the quality of life for everyone. It could help enable AI, manufacturing, reshoring and stop the rise of our electricity prices.’”
https://iea.blob.core.windows.net/assets/cbe6ad3a-eb3e-463f-8b2a-5d1fa4ce39bf/TheFutureofGeothermal.pdf?utm_source=substack&utm_medium=email
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0.5¢ |
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Mkt cap ! $3.502M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.046K | 209.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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11 | 6390323 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.5¢ | 2676335 | 2 |
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No. | Vol. | Price($) |
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11 | 6390323 | 0.004 |
15 | 8499171 | 0.003 |
5 | 4950000 | 0.002 |
8 | 15500000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 2676335 | 2 |
0.006 | 7129471 | 9 |
0.007 | 4156754 | 6 |
0.008 | 1580000 | 3 |
0.009 | 1006460 | 4 |
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