Geothermal power is a great alternative to traditional oil and gas. It can provide clean,...
in many areas of Texas and should become more of a focus for industry, policymakers and energy consumers.
Historically, geothermal energy production was limited to locations where very hot water or steam naturally came to, or close to, the surface: Indonesia, parts of Iceland and California. Research and development breakthroughs, honed with an extremely skilled workforce in the oil and gas industry, now allow us to drill for heat at depths far below the Earth’s surface.by burning fossil fuel to boil water, thereby producing steam, which then spins a turbine generator.
Geothermal development has the potential to produce clean, abundant and reliable baseload energy while taking advantage of Texas’ oil and gas workforce. Yes, oil and gas production has hit records recently as a result of high prices in a global economy recovering from the pandemic; however, many of us understand the cyclic nature of the oil patch and the loss of jobs when prices are low. Geothermal energy can leverage the oil and gas workforce during ups and downs.
Texas is not immune to occasional energy challenges. During the week of Feb. 15, 2021, unusually cold weather caused more than 4.5 million people in Texas to lose power, some for many days. Hundreds of people died during this winter event, and the Federal Reserve Bank of DallasAccording to the Electric Reliability Council of Texas and the North American Electric Reliability Corp., every type of energy resource — gas, coal, nuclear, wind, etc. —as a result of prolonged subfreezing weather.
While Texas dabbled in geothermal energy about 30 years ago, recent technological advances have led to the development of new companies and alliances of companies. Given the excitement and potential for geothermal energy, the
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