Is geothermal energy ready to make its mark in the US power mix?
McKinsey
JULY 17, 2025
This is largely driven by electrification, data center load growth , and increased demand from the manufacturing sector. We estimate that levelized production costs for a first-of-a-kind, commercial-scale (more than 50 megawatts) next-generation geothermal facility in the United States could range from $75 to $120 per megawatt-hour.
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