The geothermal revolution is happening right now, from the 24 governors who make up the U.S climate alliance to the recent state and federal laws helping us get to “net zero” by 2050. The big question in this revolution is, how will all these holes get drilled?
The State of New York has a plan to transition 2 million homes to geothermal in the next 5 years. Let’s estimate one rig could drill three homes a week and operate 48 weeks a year. New York would need more than 2,700 rigs and drillers to complete its goal, and it is just one of many states looking to ramp up geothermal production to meet net-zero goals. Clearly, in addition to recruiting more drillers and building more rigs, we all must drill faster and more efficiently to meet this demand.