AI Boosts Geothermal Energy's Global Potential

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Domenica

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Big tech investments in enhanced geothermal startups are revolutionizing energy production, offering a constant, reliable power supply and broad political support. Fervo Energy, backed by Bill Gates and Google, has secured the largest commercial contract for geothermal power, aiming for commercial use in 2026. With a 70% reduction in drilling time and high temperatures, geothermal energy is poised to become essential.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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