As our reliance on fossil fuels have started to increase, geothermal energy is seen as the new source of power generation by digging out the heat stored inside the earth. Though not used fully due to factors such as location and high costs but in the years to come when fossil fuels would start to diminish, it will turn out to be the cheapest source of power generation. Geothermal energy suffers from its own advantages and disadvantages as described below.

Advantages of Geothermal Energy:
- Significant Cost Saving : Geothermal energy generally involves low running costs since it saves 80% costs over fossil fuels and no fuel is used to generate the power.
- Reduce Reliance on Fossil Fuels : Dependence on fossil fuels decreases with the increase in the use of geothermal energy. With the sky-rocketing prices of oil, many countries are pushing companies to adopt these clean sources of energy.
- Environmental Benefits : Being the renewable source of energy, geothermal energy has helped in reducing global warming and pollution. Moreover, Geothermal systems does not create any pollution as it releases some gases from deep within the earth which are not very harmful to the environment.
- Direct Use : Since ancient times, people having been using this source of energy for taking bath, heating homes, preparing food and today this is also used for direct heating of homes and offices.
- Job Creation and Economic Benefits : Geothermal energy on the other hand has created many jobs for the local people.
Disadvantages of Geothermal Energy:
- Not Widespread Source of Energy : Since, this type of energy is not widely used therefore the unavailability of equipment, staff, infrastructure, training pose hindrance to the installation of geothermal plants across the globe.
- High Installation Costs : To get geothermal energy, requires installation of power plants, to get steam from deep within the earth and this require huge one time investment and require to hire a certified installer and skilled staff needs to be recruited and relocated to plant location. Moreover, electricity towers, stations need to set up to move the power from geothermal plant to consumer.
- Can Run Out Of Steam : Geothermal sites can run out of steam over a period of time due to drop in temperature or if too much water is injected to cool the rocks and this may result huge loss for the companies which have invested heavily in these plants.
- Suited To Particular Region : It is only suitable for regions where temperature below the earth are quite low and can produce steam over a long period of time. For this great research is required which is done by the companies before setting up the plant.
- May Release Harmful Gases : Geothermal sites may contain some poisonous gases and they can escape deep within the earth, through the holes drilled by the constructors.
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