By Andreas Busch, Professor of Earth Sciences at Heriot-Watt University
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As we navigate the complex landscape of energy transition, a promising solution is emerging from an often overlooked source: our existing oil and gas infrastructure.
Ministers are considering whether geothermal generation will be eligible for support under the next Contracts for Difference (CfD) allocation, as proponents look to kickstart the sector.
Companies including the venture arms of BP and Chevron invested $40 million in a startup that aims to use the fossil fuel industry’s drilling experience to expand a technology that harvests low-carbon energy from heat below the earth’s surface.