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TNI Energy Transition Research

True North Institute researches some of the most fundamental over-arching investment challenges that institutional investors will confront in the decade ahead.

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June 2026

Next-Generation Geothermal Energy Whitepaper

The True North Institute’s Next-Generation Geothermal Energy Whitepaper explores the emerging opportunity for geothermal energy to become a scalable source of firm, 24/7 carbon-free power. Drawing on extensive industry research, technical due diligence, and analysis of leading geothermal companies, the report examines the technologies, economics, market potential, and investment landscape shaping the sector.

The whitepaper evaluates advanced drilling technologies, cost reduction pathways, supply chain constraints and the role geothermal could play in the global energy transition. Specific investment opportunities are evaluated across developers and enabling technologies (picks and shovels).

NGG Cover Image May 22, 2026,

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Global Energy Transition Investment Framework First Edition

The global energy transition to net zero emissions is one of the largest and most complicated of economic and industrial transformations history will encounter.