Dig Energy Drill Rig Could Slash Geothermal Energy Costs

Dig Energy Drill Rig Could Slash Geothermal Energy Costs

Geothermal Energy Costs And How Dig Energy’s Drill Rig Could Change The Future Geothermal energy has long been recognized as a clean and renewable alternative for heating and cooling, but high drilling expenses have held back its widespread adoption. Dig Energy is working to change that with a compact drill rig designed to reduce geothermal energy costs by as much as 80%. This breakthrough could make geothermal systems more affordable for homes, businesses, and even large-scale facilities like data centers, where energy savings are critical. With new funding and a bold approach, Dig Energy’s technology has the potential to transform how we think about renewable energy. Image Credits:101cats / Getty Images Why Geothermal Energy Costs Have Been a Barrier Despite its promise, geothermal has remained underutilized, largely because the upfront investment required for drilling boreholes is prohibitively expensive. In the U.S., geothermal heating and cooling installations have consistently acco…