The growth stats are impressive: NY-GEO’s membership has tripled since 2014, and federal projections point to 80 million homes with ground source systems by 2050.
The industry needs more to hit our 2030 goals and, ultimately, 2050 NetZero goals! We need more equipment than what is built today. We need more people to join the industry and establish careers in ground source geothermal.
The company recently completed a successful field test of its Thermal Reach Enhancement (TRE) technology and is now operating its first commercial-scale geothermal well in California.
In a major step toward clean energy adoption, two rural school districts in Colorado have been awarded funding through a state program supporting the use of geothermal energy for heating and cooling.
As ground source heat pumps represent just 1% of current market share despite offering up to 8x greater efficiency than traditional systems, industry experts gathered to address the challenges holding back widespread adoption.
H.R. 301—the Geothermal Energy Opportunity Act, also known as the GEO Act—was introduced by Rep. Celeste Maloy (R-Utah) on Jan. 9, 2025 and was referred to the Committee on Natural Resources.
As Colorado ramps up efforts to expand geothermal energy, hot springs operators are raising alarms over House Bill 1165, fearing that streamlined regulations could allow developers to tap into the same underground aquifers that sustain their businesses