Geothermal Energy Concepts and Challenges

The video explores the potential of geothermal energy, highlighting Iceland's success and new technologies that could make it accessible globally. It discusses drilling techniques, innovations by companies like Eavor and Fervo Energy, and the associated risks such as earthquakes. Economic and regulatory challenges are addressed, emphasizing the need for investment and support. The future prospects of geothermal energy are promising, with potential to meet significant global electricity demand.

What is the primary source of Iceland's energy?

• Wind energy

• Solar power

• Hydroelectric power

• Geothermal energy

What is a key limitation of traditional geothermal technology?

• It is more expensive than coal

• It can only be used in areas with underground hot water reserves

• It requires solar panels

• It is not renewable

What is the main advantage of new geothermal technologies?

• They are powered by solar energy

• They are cheaper than wind energy

• They require no drilling

• They can access Earth's heat from deeper layers

What is unique about Eavor's geothermal system?

• It is only available in Iceland

• It requires no drilling

• It uses solar panels

• It works without a hot water reservoir

What is a potential risk associated with Fervo Energy's approach?

• Water contamination

• Increased air pollution

• Earthquakes

• Noise pollution

What is a drawback of enhanced geothermal technology?

• It cannot generate electricity

• It uses a lot of water

• It is only available in Europe

• It is not renewable

What is a major factor holding back next-gen geothermal technology?

• Limited availability of resources

• Environmental concerns

• Lack of interest

• High costs

How much investment does the IEA say the geothermal sector needs in the next ten years?

• 100 million dollars

• 2 trillion dollars

• 500 billion dollars

• 1 trillion dollars

Which regions hold the most promise for geothermal energy development?

• Africa and South America

• China, the United States, and India

• Europe and Australia

• Middle East and North Africa

What could be a new business model for the oil and gas industry?

• Repurposing wells for geothermal energy

• Building nuclear power plants

• Investing in solar farms

• Developing wind turbines