Technological advances could make geothermal energy popular
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According to the International Energy Agency (IEA) report titled “The Future of Geothermal Energy”, geothermal energy, which is expected to become cheaper in the future with new technologies, has a great potential for clean electricity production.
800 GW capacity could be added by 2050
If project costs continue to fall, by 2050, the report states 15% of global electricity demand growth It is predicted that it can be met from geothermal energy. This amount is worldwide 800 GWIt means deploying geothermal capacity by up to 100,000 and annual output equivalent to the current electricity demand of the US and India.
Geothermal energy offers an abundant, highly flexible and clean electricity supply that can complement other low-emission sources such as nuclear, while supporting variable and intermittent renewable sources such as wind and solar. Today geothermal energy, It meets approximately 1% of global electricity demand. But based on a new country-level analysis, the first of its kind, conducted in collaboration with Project InnerSpace, the IEA report It shows that new generation geothermal technologies have the technical potential to meet global electricity and heat demand many times over.
Expertise from the oil and gas industry can be used
Geothermal energy is used today to reach low-emission energy sources by going deeper below the earth’s surface using existing drilling techniques and equipment. can benefit from the expertise of the oil and gas industries.
IEA Executive Director Fatih Birol says the following in his evaluation of the report: “New technologies are opening new horizons for geothermal energy around the world, offering the opportunity to safely and cleanly meet a significant part of the world’s rapidly growing electricity demand. Moreover, geothermal is a significant opportunity to benefit from the technology and expertise of the oil and gas industry. Our analysis shows that geothermal “It shows that growth could create investments worth $1 trillion by 2035.”
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Costs could fall 80% by 2035
The report examines geothermal energy costs Falling by 80% by 2035 per megawatt hour approximately 50 dollars reveals that it may fall. This figure refers to geothermal energy whose production can be controlled. Same cost as hydroelectric and nuclear power plants It means it can come.
The report states that the total investment in geothermal will increase by 2035. to 1 trillion dollars and by 2050 to 2.5 trillion dollars It is predicted that it can be reached.
In today’s world where digital economy and artificial intelligence applications are growing rapidly, it is stated that the stable energy needed by rapidly increasing data centers can be met with geothermal. However, it is stated that for this, the complex permit and bureaucratic processes for geothermal energy must be accelerated.
What is Türkiye’s situation in geothermal energy?
Turkey’s geothermal energy installed capacity to 1726 MW (or 1.7 GW) has reached. Türkiye in terms of its geothermal potential #1 country in Europe and in terms of installed capacity 4th country in the world It is located in. 90 percent of geothermal resources are low and medium temperature and are suitable for direct applications (heating, thermal tourism, various industrial applications, etc.), and 10 percent are suitable for indirect applications (electrical energy production). Turkey’s geothermal heat potential is 35500 MWt, electricity production potential is 4500 MW It is estimated as . However, as we mentioned in the news, it is possible to increase this potential by drilling deeper with new techniques.
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