Geothermal energy is a clean, renewable resource that has a powerful and enormous effect on our everyday life. Unlike other renewable sources, geothermal energy is available all day and night, regardless of sunshine or wind conditions, and can be adjusted to meet demands.
It comes from earth’s most powerful resource, the core. As hot as the surface of the sun, heat transfer from the core can shift entire tectonic plates and create devastating volcanic eruptions.
Currently, geothermal energy is utilised from volcanic areas, where the heat is close to the surface and easily accessible. In Iceland, 90% of all houses use geothermal energy for their heating and hot water requirements. It also provides over 25% of the country’s electricity. This is because drilling into this area is relatively easy, with soft ground and shallow depths. Other countries have not been able to recreate this because of much more challenging drilling conditions.
With Strada, we can now make geothermal available everywhere. Geothermal energy has the capacity to solve some of the world’s biggest problems; it can power desalination plants for a renewable fresh water supply, heat entire communities, and provide electricity.
We can get to the areas that no one else can, using technology that we invented specifically for this market.