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Investment in Geothermal Energy Will Increase by 20% per Year Until 2030
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Global geothermal investment is entering a period of accelerated growth, with capital expenditure (capex) expected to increase by about 20% per year until 2030, according to Rystad Energy’s latest geothermal economic model. This momentum is produced as geothermal energy, produced by using the heat from the depths of the earth, is no longer defined solely by consolidated centres in Southeast Asia and the United States.
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