Chum Wai Hoe, Welltec, Denmark, outlines how oil and gas expertise can be leveraged to plot geothermal’s hot future and manage challenges in geothermal systems.
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t the end of 2020, total global installed geothermal capacity reached 15 608 MW. According to the International Energy Agency (IEA), an average 500 MW was added each year between 2014 and 2019, but only an additional 202 MW came online in 2020. That modest growth falls considerably short of the target set in the IEA’s Sustainable Development Scenario (SDS), where it called upon the geothermal sector to accomplish a 10% increase over the next decade. The IEA’s SDS outlines a major transformation of the global energy
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