In response to the rising energy needs of datacenters, research by the Rhodium Group suggests that geothermal power generation could provide a substantial solution. The report indicates that with the use of hydraulic fracturing, geothermal energy may fulfill up to 64% of the anticipated load increases by the early 2030s. As datacenter energy consumption has surged from 2% to 4.5% of total electricity usage in the US from 2020 to 2024, enhanced geothermal systems (EGS) stand out for their ability to generate heat without needing natural reservoirs, offering a clean and efficient energy source.
Geothermal power generation using hydraulic fracturing could potentially meet up to 64% of the growing energy demands of datacenters by the early 2030s.
The Rhodium Group highlights enhanced geothermal systems (EGS) as a viable next-generation geothermal technique that utilizes fracking to extract heat.
#geothermal-energy #datacenter-energy-needs #hydraulic-fracturing #renewable-energy-solutions #sustainable-development
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