Think GeoEnergy
Summary
Following the February 2025 announcement of its partnership with Sage Geosystems on geopressured geothermal systems, ABB has shared further insights on how such collaborations can support the global scale-up of geothermal energy.
In commentary by Vijay Rengaraju, Global Industry Business Manager for Power Generation at ABB Energy Industries, the company emphasizes geothermal’s potential role in addressing rapidly growing electricity demand – particularly from data centers, AI, and digital infrastructure.
While geothermal has long played a niche role, accounting for less than 1% of global power generation, new technologies and rising energy needs are shifting the equation. According to the IEA, geothermal could meet up to 15% of global electricity demand growth by 2050 – equivalent to 800 GW of additional capacity.
Geothermal energy offers:
- Baseload and grid-stabilizing power
- Minimal greenhouse gas emissions
- Applications beyond electricity, such as district heating and industrial use
ABB believes that scaling geothermal is not just possible, but essential – particularly as energy-hungry sectors seek reliable, low-carbon supply options.
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