Wedoany.com Report on Mar 2nd, As a renewable energy source, geothermal energy has evolved from early experiments to modern applications. Approximately 120 years ago, the first geothermal power plant could only supply a small amount of electricity, but today it has become a key component of the global energy mix. At the 2025 Offshore Technology Conference (OTC), Henning Bjørvik, Head of Renewable Energy Research at Rystad Energy, noted: "Geothermal energy is actually a rather unique energy source." He emphasized: "It is a clean and stable energy source. If you look at solar and wind power, these are clean energy sources, but they are not stable."

Advancements in geothermal energy technology, including improvements in drilling efficiency and heat extraction methods, have made this energy source more accessible and utilizable. These innovations have not only increased power generation efficiency but also reduced costs, making geothermal energy more competitive. Compared to other renewable energy sources, geothermal energy provides continuous power supply, reduces dependence on weather conditions, and contributes to grid stability.

In the context of the global energy transition, the application scope of geothermal energy is expanding, from power generation to heating and industrial uses. Continued investment in research and development is expected to further drive the advancement of geothermal energy technology, supporting the achievement of sustainable energy goals.