New report examines potential for geothermal growth in Texas
Researchers at five universities, along with the University Lands Office and the International Energy Agency (IEA), have jointly published a report on geothermal development in the state of Texas (“The Future of Geothermal in Texas: The Coming Century of Growth & Prosperity in the Lone Star State”).
Participating authors include researchers from the University of Texas at Austin, Southern Methodist University, Rice University, Texas A&M University and the University of Houston. The report includes analyses of the location and quality of Texas geothermal resources, evaluations of technology developments, the role of the oil and gas industry in achieving growth and scale, as well as environmental, regulatory, economic and legal issues pertinent to the growth of the geothermal industry, both in Texas and globally.
The report also evaluates the size and potential scale of geothermal as a clean energy resource in Texas, as well as its potential to scale globally over the coming decades. Further, it provides a scientific basis for informed decision making as Texas elected officials, regulators and others begin to consider increased development of geothermal in Texas.
