Hot Rocks, Cool Tech: Geothermal Could Be Europe's Energy Answer
By Simon Dunlop
D
avos is buzzing again, and this year, alongside the usual talk of global finance, there’s a palpable urgency about energy security and climate change. Everyone’s looking for solutions that can deliver reliable, sustainable, and affordable power. And that’s where geothermal energy – the unsung hero of the renewables world – is starting to shine. A new high-tech approach to tapping the Earth’s internal heat is emerging as a game-changer for Europe’s energy needs and, in particular, for Germany’s ambitious energy transition.

For a long time, geothermal has been the quiet kid of the renewable energy class, overshadowed by the likes of solar and wind. But unlike its weather-dependent cousins, geothermal offers a constant, steady flow of power – what the energy industry calls "baseload" – 24 hours a day, 7 days a week. It's like the Earth's own battery, always charged and ready to go. This makes it incredibly valuable for keeping the lights on and the grid stable. Geothermal energy harnesses the Earth's internal heat, and it does so ingeniously. This heat, a remnant from the planet's formation and the decay of radioactive elements, is a colossal and continuous source of energy. By drilling deep into the Earth's crust, we can tap into this heat and use it directly for heating or to generate electricity.

Europe is finally waking up to geothermal's potential. The International Energy Agency (IEA) – recently released a report confirming that geothermal could be huge. They're projecting that
global geothermal capacity could reach 620 GW for power generation and 1400 GW for heat generation by 2050. To put that in perspective, they forecast that it could provide up to 15% of the EU's entire energy mix by then.

he EU is moving fast on this. Just a week after the IEA report, the EU Council announced they're pushing for a comprehensive "European Geothermal Action Plan." This plan is all about cutting through the red tape that often holds back geothermal projects and encouraging more investment in this sector. It is no
coincidence that this is happening at the same time that Europe is rethinking its whole industrial strategy. Former European Central Bank President Mario Draghi recently made waves with a report saying that Europe needs to get its act together on energy to stay competitive. And he's right – a reliable and affordable energy supply is absolutely essential.

Looking towards Germany - the country's famous "Energiewende" – its ambitious plan to transition to a clean energy future – is facing some headwinds. They need a diverse mix of renewables to make it work, and geothermal is perfectly positioned to be a major part of that mix. Germany has significant geothermal potential, especially in places like the North German Basin, the Upper Rhine Graben, and the Molasse Basin. The German Geothermal Association estimates that the country could unlock over 300 TWh of geothermal energy per year. If they can tap into that, it would be a major step towards greater energy security (reducing reliance on imported fossil fuels), a more stable electricity grid, and a greener way to heat homes and businesses.

We are living at the start of an explosion in Artificial Intelligence. To stay in the game, Europe needs to build out a massive AI infrastructure, and that means a significant increase in data centers. These data centers need a huge amount of power to run their servers and keep them cool. The IEA report also stated that demand from data centers could double by 2026 and account for over 1000 TWh of energy, equal to the total electricity consumed by the entire country of Japan today. If Ireland is any indicator, data centers could be taking 30% of the total electricity grid.
This is where geothermal really shines. It can provide that 24/7 baseload power that data centers need to run smoothly, and it can do it without relying on fossil fuels. Plus, it can be sustainable. This is a viable solution to a significant energy challenge. Using the Earth's heat to power the brains of our future AI systems.

At GREO (Geothermal and Renewable Energy Opportunities), we're passionate about making this a reality. We're a team of engineers, geoscientists, and project developers focused on developing and operating
state-of-the-art geothermal projects, especially in Germany. We believe that geothermal is not just a niche technology anymore; it's a key part of the solution to our energy challenges. It can help Europe achieve its climate goals, strengthen its energy security, and drive economic growth by powering the data centers that will be critical in the age of AI. It is time for policymakers, investors, and industry leaders to get behind geothermal in a big way. This means streamlining regulations, supporting research and development, and putting real money into building out this vital sector. The Earth's heat is there waiting to be tapped - let's get to work.
For a long time, geothermal has been the quiet kid of the renewable energy class, overshadowed by the likes of solar and wind. But unlike its weather-dependent cousins, geothermal offers a constant, steady flow of power – what the energy industry calls "baseload" – 24 hours a day, 7 days a week. It's like the Earth's own battery, always charged and ready to go. This makes it incredibly valuable for keeping the lights on and the
grid stable. Geothermal energy harnesses the Earth's internal heat, and it does so ingeniously. This heat, a remnant from the planet's formation and the decay of radioactive elements, is a colossal and continuous source of energy. By drilling deep into the Earth's crust, we can tap into this heat and use it directly for heating or to generate electricity.

Europe is finally waking up to geothermal's potential. The International Energy Agency (IEA) – recently released a report confirming that geothermal could be huge. They're projecting that
global geothermal capacity could reach 620 GW for power generation and 1400 GW for heat generation by 2050. To put that in perspective, they forecast that it could provide up to 15% of the EU's entire energy mix by then.

he EU is moving fast on this. Just a week after the IEA report, the EU Council announced they're pushing for a comprehensive "European Geothermal Action Plan." This plan is all about cutting through the red tape that often holds back geothermal projects and encouraging more investment in this sector. It is no
coincidence that this is happening at the same time that Europe is rethinking its whole industrial strategy. Former European Central Bank President Mario Draghi recently made waves with a report saying that Europe needs to get its act together on energy to stay competitive. And he's right – a reliable and affordable energy supply is absolutely essential.

Looking towards Germany - the country's famous "Energiewende" – its ambitious plan to transition to a clean energy future – is facing some headwinds. They need a diverse mix
of renewables to make it work, and geothermal is perfectly positioned to be a major part of that mix. Germany has significant geothermal potential, especially in places like the North German Basin, the Upper Rhine Graben, and the Molasse Basin. The German Geothermal Association estimates that the country could unlock over 300 TWh of geothermal energy per year. If they can tap into that, it would be a major step towards greater energy security (reducing reliance on imported fossil fuels), a more stable electricity grid, and a greener way to heat homes and businesses.
We are living at the start of an explosion in Artificial Intelligence. To stay in the game, Europe needs to build out a massive AI infrastructure, and that means a significant increase in data centers. These data centers need a huge amount of power to run their servers and keep them cool. The IEA report also stated that demand from data centers could double by 2026 and account for over 1000 TWh of energy, equal to the total electricity consumed by the entire country of Japan today. If Ireland is any indicator, data centers could be taking 30% of the total electricity grid.
This is where geothermal really shines. It can provide that 24/7 baseload power that data centers need to run smoothly, and it can do it without relying on fossil fuels. Plus, it can be sustainable. This is a viable solution to a significant energy challenge. Using the Earth's heat to power the brains of our future AI systems.

At GREO (Geothermal and Renewable Energy Opportunities), we're passionate about making this a reality. We're a team of engineers, geoscientists, and project developers focused on developing and operating
state-of-the-art geothermal projects, especially in Germany. We believe that geothermal is not just a niche technology anymore; it's a key part of the solution to our energy challenges. It can help Europe achieve its climate goals, strengthen its energy security, and drive economic growth by powering the data centers that will be critical in the age of AI. It is time for policymakers, investors, and industry leaders to get behind geothermal in a big way. This means streamlining regulations, supporting research and development, and putting real money into building out this vital sector. The Earth's heat is there waiting to be tapped - let's get to work.