Gradient Geothermal’s innovative approach offers several advantages over traditional geothermal energy production
Cost Reduction: By eliminating the need for exploration and drilling, Gradient Geothermal significantly reduces the upfront costs of geothermal projects. This makes investment in geothermal energy more attractive and financially viable .
Expanded Geographical Reach: Utilizing existing infrastructure allows geothermal energy to be produced in a wider range of locations. This expands the availability of renewable baseload power and reduces the dependence on specific geographical regions.
Reduced Permitting Times: Since Gradient Geothermal uses existing infrastructure, the permitting process is much shorter. This allows energy production to begin more quickly, reducing delays and associated costs.