The GeoMap™ geothermal prospecting tool
brings together more than 400 data layers leveraging research from
over 80 scientists globally to showcase Asia's geothermal potential, including an
analysis of existing coal and industrial plants across Indonesia, Philippines and Singapore that could benefit from geothermal
conversion.
BOSTON,
Jan. 16,
2025 /PRNewswire/ -- Project InnerSpace has
launched GeoMap™ Asia,
highlighting the region's massive store of untapped geothermal
energy that if developed could serve as an affordable domestic
clean energy option to improve air quality while supporting
economic growth and energy security.
GeoMap™ Asia reveals the region's massive store of
untapped geothermal energy, a possible domestic clean energy
option.
GeoMap™ is a pioneering geothermal exploration
tool focused on expanding the adoption of clean, always-on
geothermal energy worldwide by bringing together millions of data
points from the Earth's surface and subsurface in a freely
accessible and interactive map.
The International Energy Agency (IEA), using
GeoMap™ data, concluded in its latest report entitled "The Future
of Geothermal Energy" that Association of Southeast Asian Nations
(ASEAN) have the technical potential to produce about 125 TW of
geothermal electricity by 2050, which is roughly 700 times more
total electricity than is currently produced in ASEAN countries.
Geothermal energy also offers significant potential for industrial
heat, as well as district cooling, in a number of large cities
across the Philippines,
Indonesia and China, the data shows.
GeoMap™ Asia
builds on previous releases of GeoMap™ Africa, GeoMap™ North America, and GeoMap™ India. GeoMap™ Asia also includes a subsurface favorability
analysis to identify geothermal hot spots as well as a ranking
feature in Indonesia, the Philippines and Singapore for coal plant and/or industrial
facility conversions.
Geothermal, the heat inside the Earth's crust, is
a firm, clean, always-on and scalable source for power and heat
with a small surface footprint. Recent innovations in drilling
technology developed and deployed by the oil and gas industry are
unlocking geothermal's vast potential, making the development of
geothermal as a clean energy source a crucial part of the climate
conversation and leading to a recent finding from the IEA that
there is more next-generation geothermal potential than any other
renewable energy technology with the exception of solar.
"Asia is driving
global energy demand, and GeoMap™ Asia shows that the region can also drive
growth of abundant, secure, and always on geothermal energy," said
Jamie Beard, Executive Director of
Project InnerSpace. "GeoMap™ Asia
lowers the barrier to entry into geothermal for governments and
industry alike by helping stakeholders identify the near term
opportunities for next-generation geothermal development."
About Project
InnerSpace: Project InnerSpace is the leading
independent non-profit organization dedicated to the global
development of geothermal energy. Our mission is to remove the
barriers to the exponential growth and development of geothermal
energy worldwide by 2030. To learn more about Project InnerSpace
please visit www.projectinnerspace.org.
About GeoMap™: GeoMap™,
built in collaboration with more than 80 scientists around the
globe, debuted at the 28th Conference of the Parties in
November 2023 with the release of
GeoMap™ Africa. GeoMap™
North America launched in
June 2024 and GeoMap™ India followed in November 2024. GeoMap™ South America will launch in early 2025.
GeoMap™ is freely available to the public, and can be accessed at
www.projectinnerspace.org by clicking on GeoMap.
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SOURCE Project InnerSpace