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GEODE is a consortium led by Project InnerSpace and the Society of Petroleum Engineers (SPE) and funded by the U.S. Department of Energy’s (DOE) Geothermal Technologies Office (GTO).
Decarbonizing buildings and industry is crucial for reducing global energy consumption, predominantly in the form of heat. Thermal energy storage plays a significant role in this process by reducing reliance on electrical energy and batteries. Thermal energy networks that connect multiple buildings into a shared energy network can significantly reduce electrical demand and consumption.