In August 2026, the US Administration announced $2bn in funding for critical mineral and battery-related projects, reflecting how securing the supply chains for these essential industrial ingredients continues to climb up the political agenda.
In late 2024, geothermal energy from the Earth was projected to supply as much as 15% of global electricity demand between now and 2050, according to the International Energy Agency. Only two years earlier, geothermal’s share had been expected to remain at 1% for the foreseeable future. Maria Burke asks what has changed.