From Conventional to Closed-Loop: Innovations Reshaping Geothermal Technology
The global geothermal energy market, valued at USD 7.88 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 3.5% from 2025 to 2034, driven by increasing demand for baseload renewable power and supportive energy transition policies. While geothermal remains a niche segment compared to solar and wind, its unique ability to provide continuous, low-carbon electricity...
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