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IRENA reports 22% lower LCOE of geothermal power in 2022

ThinkGeoEnergy

Between 2021 and 2022, the global weighted average levelized cost of electricity (LCOE) of ten newly commissioned geothermal projects fell by 22% to USD 0.056 kWh. This statistic was reported by the International Renewable Energy Agency (IRENA) in their newly published document, “Renewable Power Generation Costs in 2022.”

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World’s 1st geothermal direct use cement project sets model for sustainable industry

ThinkGeoEnergy

STEAM”) has nearly 40 years of experience in geothermal engineering and consulting. Their latest assignment in Kenya showcases the potential of geothermal energy to revolutionize high-emissions industrial processes and contribute to global climate goals. Established in 1987, Steam S.r.l.