Offshore Geothermal Development and Its Global Significance

This white paper discusses offshore geothermal energy as a significant green energy resource and its responsible development. It outlines the purpose of the document, which is to provide essential reference elements for geoscientists, companies, regulators, and policymakers regarding geothermal resource development. The document presents a high-level summary of marine geothermal systems, co-production opportunities, deployment locations, and best practices for responsible development. It highlights the economic and socio-economic growth opportunities offshore geothermal can offer, particularly to developing nations. The paper details the potential of geothermal resources beneath the seas and oceans, emphasizing the need for collaboration among nations to ensure fair distribution of benefits. It also addresses the importance of adhering to UN sustainability goals in geothermal developments, aiming to meet present needs without compromising future generations. The document concludes with a framework for responsible offshore geothermal development, identifying key issues that require specific guidelines and international best practices.