Energy access and development
South America’s energy demand is projected to rise over the coming decades due to a growing population, economic development, and higher per-capita energy consumption. South American countries will also need to adopt more energy-intensive technologies to adapt to rising temperatures and extended droughts, while shifting their energy sectors away from fossil fuels.
The immense capacity of superhot rock energy could also play a crucial role in fostering sustainable development across South America. Superhot rock energy projects can increase the overall capacity of the electrical grid, providing more reliable and consistent power to homes, businesses, and industries. Improved access to electricity is crucial for economic development.
The development of superhot rock energy projects also requires a workforce, creating job opportunities in various fields such as engineering, geology, and maintenance, which can reduce unemployment and poverty rates across South America. Finally, the development of superhot rock energy projects may attract foreign investment and expertise. Collaborating with international partners can bring in funding, technology, and knowledge, fostering a supportive environment for sustainable development.
If fully deployed and utilized, South America’s superhot rock resource potential could help meet the region’s growing energy demand, reduce energy poverty, and spur economic growth.
Figure 2: The total capacity potential of superhot rock energy if fully developed across countries with available heat in South America
Source link : https://www.catf.us/superhot-rock/heat-mapping/south-america/
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Publish date : 2024-04-22 06:53:58
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