Project InnerSpace Analysis Shows Geothermal Can Cost-Effectively Scale to Power the AI Data Center Boom

High-tech company sets out to drill deep into island in search of underground power source: 'Could completely change the situation'

One of the Canary Islands is working to make renewable energy more accessible with geothermal exploration, as reported by ThinkGeoEnergy. The island of Tenerife is partnering with Energía Geotérmica de Canarias, an offshoot company of Iceland-based Reykjavík Geothermal, along with the Canaries' largest energy company, DISA. The companies plan to drill to depths of 2,500 to 3,000 meters (about 8,200 to 9,840 feet) in search of a viable geothermal…

Project InnerSpace Analysis Shows Geothermal Can Cost-Effectively Scale to Power the AI Data Center Boom

With the right investment and policy support, the cost for a 1GW geothermal energy project to power and cool a hyperscale data center could drop below $50 per MWh by 2035