224. Geothermal Could Save the Grid. So Why’s No One Talking About It?
The hosts discuss Enhanced Geothermal Systems (EGS), a technology leveraging advanced oil and gas drilling techniques to generate baseload power from hot rock anywhere, potentially supplying 20% of US energy by 2050. They analyze specific technologies like PDC drill bits, directional drilling, and fracking, while debating the economic viability of EGS against falling solar and battery costs. The conversation highlights the FORGE project in Utah as a key pilot and addresses the high capital risk and uncertainty surrounding whether these costs will drop sufficiently to compete with established renewables.