[Episode #248] – The Future of Geothermal

Although geothermal power plants have operated commercially in various parts of the world for decades, the sector hasn't attracted the investment needed to reduce costs and enable global deployment. But with further development, new methods of harnessing geothermal energy to produce heat and electricity could deliver as much as 800 GW of geothermal power capacity worldwide by 2050. That’s equivalent to the electricity demand of the United States and India combined.

In December 2024, the International Energy Agency (IEA) published "The Future of Geothermal Energy," a report exploring opportunities in this sector.

Our guest today is a lead author of that report. In this conversation, Heymi Bahar, Senior Renewable Energy Analyst with the IEA, discusses geothermal energy’s full technological potential and strategies for unlocking investment in this promising resource.

Guest:

Heymi Bahar is a Senior Renewable Energy Analyst with the International Energy Agency (IEA). Before IEA, Heymi worked as a trade policy analyst at the Organisation for Economic Co-operation and Development (OECD) where he analysed domestic inventive measures for renewable energy sources with possible trade implications. He also worked on cross-border trade in electricity and the development of renewables-based electric power. Heymi graduated from Sabanci University and holds a Master degree on Energy, Resources and Environment from the Paul H. Nitze School of Advanced International Studies of Johns Hopkins University.

On Twitter: @HeymiBahar

On LinkedIn: Heymi Bahar

Recording date: March 10, 2025

Air date: April 23, 2025

Geek rating: 4