Unlocking the Potential of NextGen Geothermal Energy in California

More info: https://theclimatecenter.org/events/u... California stands at a clean energy crossroads. To achieve 100 percent clean electricity by 2045 — as required by law — the state will of course need more wind, solar, and battery storage, but that’s not all. Next-generation geothermal energy is a compelling, 24/7/365, clean energy source that can support the electrical grid around the clock. However, deploying this resource with appropriate social and environmental safeguards in California requires navigating a complex web of technical, financial, and regulatory hurdles. Recent technological advances mean geothermal development is no longer limited to hydrothermal hotspots. Geothermal development also promises massive economic opportunities, including high quality jobs for former oil and gas workers. This webinar brought together state leaders, policy analysts, and other stakeholders to explore how California can unlock the potential of next-generation geothermal to build a cleaner, more reliable, and more resilient electricity grid. Our discussion covered how to navigate regulatory processes while upholding social and environmental standards, grid interconnection, and how to “de-risk” the exploration phase and attract institutional investment.