09/15/2026
Interest and investment in geothermal energy are growing, despite early challenges due to high upfront costs and longer earnings cycles. Enhanced Geothermal Systems (EGS) costs are declining based on technological advances and drilling improvements, demonstrating that continued work in the field could further drive down costs and accelerate the integration of geothermal electricity into the grid. 💡
The U.S. Department of Energy is committed to derisking new geothermal technologies through robust RD&D. This includes improving resource exploration with tools like machine learning, advancing materials and methods for drilling in harsh environments, and proving out new techniques in field demonstration projects. 👷
Discover EGS demonstration projects currently funded by DOE:
The Office of Geothermal invests in advancing enhanced geothermal systems (EGS), a method for accessing geothermal energy which holds the potential to power tens of millions of American homes and businesses.