In a modelled carbon-neutral Europe, heat-generating EGS is competitive now at modest scale, but electricity-generating EGS only becomes viable if drilling costs drop to roughly 40% of current levels.
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Market Integration Pathways for Enhanced Geothermal Systems in Europe
In a modelled carbon-neutral Europe, heat-generating EGS is competitive now at modest scale, but electricity-generating EGS only becomes viable if drilling costs drop to roughly 40% of current levels.