Geothermal’s potential hampered by untargeted policy

Geothermal’s potential hampered by untargeted policy

Geothermal energy could play a much larger role in the global energy transition – but untargeted policies and investment barriers are preventing the sector from reaching its potential, according to new analysis from the Energy Transitions Commission (ETC). The report found geothermal currently supplies just 0.5% of global final heat consumption and 0.3% of electricity generation. With the right support, this could rise to as much as 8% of both b…