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National lab projects enhanced geothermal cost could decline to $100/MWh by 2035

Summary by Pv Magazine USA
Declining costs for enhanced geothermal could make the technology a stronger competitor to solar plus storage. A national lab atlas shows wide potential for enhanced geothermal deployment, primarily in the Western U.S.The National Laboratory of the Rockies has published a geothermal market report projecting that enhanced geothermal systems, whose levelized cost of energy is now about $140/MWh, could reach an LCOE of $100/MWh by 2035. Unlike conv…
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pv magazine USA broke the news in on Monday, February 2, 2026.
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