Competitive Landscape: Key Players Driving Geothermal Power Innovation

Despite its high levelized cost of electricity (LCOE), interest in geothermal energy has increased in recent years due to its potential to provide low-carbon baseload power and heat. This value proposition resembles other thermal power generation technologies (e.g., concentrated solar power) and has gained consistent traction in recent years as more intermittent renewable energy sources have been added to the energy mix.