A comprehensive new MIT-led study of the potential for geothermal energy within the United States has found that mining the huge amounts of heat that reside as stored thermal energy in the Earth’s hard rock crust could supply a substantial portion of the electricity the United States will need in the future, probably at competitive prices and with minimal environmental impact.
An 18-member panel led by MIT prepared the 400-plus page study, titled “The Future of Geothermal Energy.” Sponsored by the U.S. Department of Energy, it is the first study in some 30 years to take a new look at geothermal, an energy resource that has been largely ignored.
The goal of the study was to assess the feasibility, potential environmental impacts and economic viability of using enhanced geothermal system (EGS) technology to greatly increase the fraction of the U.S. geothermal resource that could be recovered commercially.