Businesses in Germany are facing a dilemma. Facing high energy prices, they can no longer produce cost effectively in the country and all the while they are under pressure to decarbonize. Could geothermal energy be the answer? Once written off as too expensive, the technology is now being explored by companies, like chemical giant BASF in Germany and tech giants Meta and Google in the US. For more on geothermal energy and the technology behind it, check out our sister YouTube channel DW Planet A: How the oil and gas industry can unlock endless geothermal energy. For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 #TransformingBusiness #environment #climate
Could hot water from the Earth's core be the key to our energy needs? | Transforming Business
Businesses in Germany are facing a dilemma. Facing high energy prices, they can no longer produce cost effectively in the country and all the while they are under pressure to decarbonize. Could geothermal energy be the answer? Once written off as too expensive, the technology is now being explored by companies, like chemical giant BASF in Germany and tech giants Meta and Google in the US. For more on geothermal energy and the technology behind it, check out our sister YouTube channel DW Planet A: How the oil and gas industry can unlock endless geothermal energy. For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 #TransformingBusiness #environment #climate