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Abstract

The geothermal energy sector presents a unique intersection of challenges and opportunities as it seeks to expand its role in the global energy landscape. This paper explores the key barriers to the widespread adoption of geothermal energy, including high initial capital costs, technological limitations, regulatory hurdles, and environmental concerns. Despite these challenges, the sector is bolstered by significant opportunities, such as advancements in drilling technology, increasing demand for renewable energy sources, and supportive government policies aimed at reducing carbon emissions. The analysis highlights innovative approaches, including enhanced geothermal systems (EGS) and hybrid energy solutions that can mitigate current limitations. By examining case studies and emerging trends, this study aims to provide a comprehensive overview of how the geothermal energy sector can navigate its challenges while capitalizing on growth opportunities, ultimately contributing to a sustainable and diversified energy future.