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Geothermal power may meet 15% of global electricity demand growth through 2050

According to the International Energy Agency, the estimate would require the construction of geothermal capacity with an annual output equivalent to the combined electricity consumption in the US and India in 2024. The report suggests geothermal investment will reach $2.5T by 2050, with the integration of fracking technologies decreasing costs by 80% by 2035.

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