This Overlooked Energy Source Could Supply 50% Of Electricity

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Published 2021-05-06
Miles below the Earth’s surface, there’s enough thermal energy to power all of humanity for the foreseeable future. It’s called geothermal energy, and it’s poised to play an increasingly large role as a source of always available, renewable power. Now, there are a number of startups in the geothermal space, working to figure out how to access this heat in difficult to reach geographies, at a price point that makes sense. And it’s even gotten the attention of oil and gas industry giants, who are interested in greening their portfolios while sticking to their core competencies - extracting energy resources from deep within the Earth. 

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How Geothermal Energy Could Power The Future

All Comments (21)
  • @iamtembo
    Fun fact; Kenya is the largest geothermal power producer in Africa with geothermal accounting for over 38% of electricity produced in the country. There's still potential for more power production thanks to the natural hot springs we have along the Great Rift Valley. Proud Kenyan here 😁🇰🇪🇰🇪🇰🇪
  • @iannjari6833
    Fun fact. In 2020, over 50% of Kenya's electricity came from geothermal energy.
  • @huskiefan06
    Fell in love with geothermal while exploring Iceland, who have been using it for years. Having the energy available 24/7/365 is pretty great! Such an underrated energy source.
  • @gusstavv
    There are geothermal plants in Europe where the used water, which is still warm, is used as geothermal baths and have an extra revenue as a touristic attraction.
  • @conornorris6815
    honestly I could see this becoming the number 1 source of energy since no one is taking into account the true talent of the oil companies which is lobbying the government
  • @rosaleslem
    A possible redemption arc for the oil industry, huh? Yeah, I'll be watching this anime series.
  • @AFAndersen
    I'm glad that this video focus so much on Icelands Geothermal energy generation
  • @specialopsdave
    Electricity in 1960: "Complicated extraction of fossil fuels or a highly advanced nuclear reactor powers us" Electricity in 2020: Haha sun and hot rock go brrr
  • Nice video CNBC. Geothermal energy along with tidal energy, solar energy, and wind energy will power the future and will protect the planet as well.
  • @banditxo2909
    Oil Companies : We're good guys now, give us more subsidies
  • fracking isn't the same thing. I did this for years. Depending on the system you need and land avaliable for schools, residential, it may be 8 holes drilled for a farm 250 feet deep each. You could have deeper holes or more holes but not as deep. Basically similar to a radiator, you use something environmentally friendly antifreeze liquid in a loop that liquid travels down and back up a closed system. Because the temperature is always the same allowing you to cool off the liquid or heat the liquid. There is another way thats even safer where its not deep at all and no drilling needed but you need more land to keep better efficiency. You could possibly hit gas drilling but i did this for years thousands of holes drilled and 1 released a tiny bit of gas that almost took my life because the meter to detect gas wasn't where it was supposed to be and I tried telling everyone but they worked they for 20 and 30 years ignoring me. You don't drill for gas oil water anything. You first conduct a thermal conductivity test. To see just how efficient it will be after you drill a test hole.
  • @realtalk5329
    I bet Texas wish they had geo thermal during that winter blackout freeze
  • @diablo55
    even if this won’t single-handed let save the world, geothermal, wind, solar, nuclear, and biomass has a role to play in the future
  • @chadbailey7038
    Another great video! I’m learning SO MUCH from you guys. Thank you for this series. 🙏🏾
  • @peterbarlow7781
    Eavor’s tech (closed loop) is the best for sure. California had major problems with their Geothermal during the drought. Those plants take up huge amounts of water as not all of that is reclaimed/condensed.
  • They should have used Iceland as an example of geothermal. They already have access to the underground vents.
  • @madbug1965
    Just don't contaminate the ground water in the process like fracking does.
  • @mtken0321
    In Pohang, South Korea, there was a case that earthquake was triggered related geothermal development. Geothermal plant sounds fascinating but should be researched thoroughly
  • @jackcurrence263
    Of the renewable energy sources, geothermal is the most exciting to me for the simple fact that it can be scaled such that it provides for the bulk of a home's/building's HVAC needs while using relatively little electrical power to "fill in" any gaps. I just wish the price would come down... :-/