Geothermal (or earth heat) energy is a clean, renewable source of both power and heat. It is proven technology that provides baseload (24 hours a day, 365 days a year) power, has low to no emissions and has one of the smallest environmental footprints per unit output of any power supply option.
A geothermal resource requires three key variables; necessary heat, a permeable rock environment to transfer heat, and a medium (usually water) to bring the heat resource to surface.
DEEP continues to work towards acquiring additional project sites to significantly increase our control of potential power production sites. In addition to pursuing the government for additional project areas, DEEP is investigating other options such as partnerships with companies with existing oil and gas leases and also freehold land.