Advances in oil and gas drilling have cut costs for a form of clean power that could help replace fossil fuels, according to the Department of Energy.
Now the agency is going all in on geothermal energy, which uses heat from deep within the Earth to produce largely pollution-free electricity.
The agency projects that geothermal could supply the energy equivalent of 4 million households by 2030 — and that its investment could help achieve “liftoff” for an industry that could be a core bulwark of the power sector in coming decades.
Geothermal energy excites the…