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The False Promise of Enhanced Geothermal

Summary by Art Berman
Enhanced Geothermal Systems (EGS) are advertised as a breakthrough: clean, firm power anywhere, unlocked by drilling and fracking technologies borrowed from shale. The story sounds great. The economics are disastrous. EGS is probably the most expensive form of electricity ever attempted at industrial scale but it has generated huge excitement among investors, and made its…
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Art Berman broke the news in on Wednesday, December 3, 2025.
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