structural:summarization
Resources

The Earth's heat content is about 1 × 10 TJ (2.8 × 10 TWh). This heat naturally flows to the surface by conduction at a rate of 44.2 TW and is replenished by radioactive decay at a rate of 30 TW. These power rates are more than double humanity's current energy consumption from primary sources, but most of this power is too diffuse (approximately 0.1 W/m on average) to be recoverable. The Earth's crust effectively acts as a thick insulating blanket which must be pierced by fluid conduits (of magma, water or other) to release the heat underneath.

Electricity generation requires high-temperature resources that can only come from deep underground. The heat must be carried to the surface by fluid circulation, either through magma conduits, hot springs, hydrothermal circulation, oil wells, drilled water wells, or a combination of these. This circulation sometimes exists naturally where the crust is thin: magma conduits bring heat close to the surface, and hot springs bring the heat to the surface. If a hot spring is not available, a well must be drilled into a hot aquifer. Away from tectonic plate boundaries the geothermal gradient is 25–30 °C per kilometre (km) of depth in most of the world, so wells would have to be several kilometres deep to permit electricity generation. The quantity and quality of recoverable resources improves with drilling depth and proximity to tectonic plate boundaries.

In ground that is hot but dry, or where water pressure is inadequate, injected fluid can stimulate production. Developers bore two holes into a candidate site, and fracture the rock between them with explosives or high-pressure water. Then they pump water or liquefied carbon dioxide down one borehole, and it comes up the other borehole as a gas. This approach is called hot dry rock geothermal energy in Europe, or enhanced geothermal systems in North America. Much greater potential may be available from this approach than from conventional tapping of natural aquifers.

Estimates of the electricity generating potential of geothermal energy vary from 35 to 2000 GW depending on the scale of investments. This does not include non-electric heat recovered by co-generation, geothermal heat pumps and other direct use. A 2006 report by the Massachusetts Institute of Technology (MIT) that included the potential of enhanced geothermal systems estimated that investing US$1 billion in research and development over 15 years would allow the creation of 100 GW of electrical generating capacity by 2050 in the United States alone. The MIT report estimated that over 200 × 10 TJ (200 ZJ; 5.6 × 10 TWh) would be extractable, with the potential to increase this to over 2,000 ZJ with technology improvements – sufficient to provide all the world's present energy needs for several millennia.

At present, geothermal wells are rarely more than 3 km (1.9 mi) deep. Upper estimates of geothermal resources assume wells as deep as 10 km (6.2 mi). Drilling near this depth is now possible in the petroleum industry, although it is an expensive process. The deepest research well in the world, the Kola Superdeep Borehole (KSDB-3), is 12.261 km (7.619 mi) deep. Wells drilled to depths greater than 4 km (2.5 mi) generally incur drilling costs in the tens of millions of dollars. The technological challenges are to drill wide bores at low cost and to break larger volumes of rock.

Geothermal power is considered to be sustainable because the heat extraction is small compared to the Earth's heat content, but extraction must still be monitored to avoid local depletion. Although geothermal sites are capable of providing heat for many decades, individual wells may cool down or run out of water. The three oldest sites, at Larderello, Wairakei, and the Geysers have all reduced production from their peaks. It is not clear whether these stations extracted energy faster than it was replenished from greater depths, or whether the aquifers supplying them are being depleted. If production is reduced, and water is reinjected, these wells could theoretically recover their full potential. Such mitigation strategies have already been implemented at some sites. The long-term sustainability of geothermal energy has been demonstrated at the Larderello field in Italy since 1913, at the Wairakei field in New Zealand since 1958, and at the Geysers field in California since 1960.