Energy Intensive Mining Operations
Cryptocurrency mining operations consume enough electricity to power 4,927,360 U.S. households. This is more than Israel, Greece, and Algeria's annual power consumption.
Capital intensive Renewable Energy
Although geothermal energy is one of the cheapest forms of renewable energy, the high initial capital costs of a geothermal project has inhibited innovations in this sector.
Off-Grid Geothermal Resources
There are more than 10 GWs of untapped geothermal resources across the globe that can potentially produce electricity at an LCOE below 5 cents / kWh. However, finding an energy off taker for these resources is difficult.