The Next Great Investment Opportunity: Get Rich Quick From New “Green” Energy - CleanTechnica

The article discusses the emerging investment opportunity in Enhanced Geothermal Systems (EGS) as a promising form of green energy. Unlike traditional geothermal power, which relies on naturally occurring hot springs near the earth’s surface and is geographically limited to places like Iceland, Italy, Indonesia, and parts of the western US, EGS aims to unlock geothermal energy anywhere by drilling deep into hot rock formations and creating artificial reservoirs. The University of Utah’s FORGE (Frontier Observatory for Research in Geothermal Energy) project near Milford, Utah, is a leading experimental site testing this technology. By drilling injection and production wells nearly 10,000 feet deep and using fracking techniques to fracture rock, the project circulates water through hot underground granite to generate steam capable of driving turbines continuously, potentially providing a stable, 24/7 power source unlike intermittent solar or wind energy. The article highlights that current geothermal plants produce relatively modest power outputs compared to large-scale power plants, with the largest geothermal facility, The Gey