Geothermal energy is a form of renewable energy that is generated and stored in the Earth. It is created by the natural heat of the Earth's core and can be used to generate electricity, heat buildings, and provide hot water. Geothermal energy is a clean and sustainable energy source that can be used to reduce dependence on fossil fuels.
Geothermal energy is used in a variety of ways, including direct-use applications such as heating and cooling buildings, and electricity generation. Direct-use applications are typically used in areas with high geothermal resources, such as Iceland and New Zealand. Electricity generation is used in areas with lower geothermal resources, such as the United States.
The geothermal energy market is growing rapidly, with investments in geothermal energy projects increasing in recent years. Companies in the geothermal energy market include Ormat Technologies, Calpine Corporation, Enel Green Power, and Geothermal Resources International. Show Less Read more