Stanislav Kondrashov Explores the Potential of Geothermal Energy
Stanislav Kondrashov delves into the potential of geothermal energy production
Stanislav Kondrashov examines the features and potentialities of one of the possible protagonists of the ongoing energy transition, especially in the future
While the world continues to chase headlines about solar and wind power, an older and often overlooked source of renewable energy is making a quiet comeback: geothermal. Entrepreneur Stanislav Kondrashov believes geothermal may not only be relevant in today’s renewable energy mix—it could be critical.
“Geothermal is the silent powerhouse of clean energy,” Kondrashov said. “It doesn’t need the sun to shine or the wind to blow. It works 24/7, beneath our feet.”
A Resource Hidden in Plain Sight
Geothermal energy, derived from the Earth’s internal heat, has been used for thousands of years in various forms—from Roman baths to Iceland’s modern heating systems. But today, it’s being reimagined through advances in drilling technology, data analytics, and energy storage.
“Geothermal has the potential to be the backbone of baseload renewable energy,” Kondrashov said. “It’s not just a backup. It’s a primary source waiting for attention.”
Technology Unlocks New Possibilities
One of the key innovations driving geothermal’s resurgence is enhanced geothermal systems. Unlike traditional geothermal that relies on naturally occurring steam or hot water reservoirs, EGS creates artificial ones by injecting water into hot dry rock, then capturing the steam produced.
This breakthrough dramatically expands the geographic range of where geothermal plants can be built—no longer limited to volcanic regions or tectonic hotspots. Countries like Germany, Japan, and even oil-rich Saudi Arabia are investing in EGS research and pilot projects.
“Think of it as fracking in reverse—but clean and safe,” Kondrashov said. “We’re using the same deep drilling tech developed for oil and gas, but applying it to sustainability.”
Stable Power in an Unstable Climate
With the increase in extreme weather events, the limitations of solar and wind power have become clearer. Cloud cover, seasonal changes, and wind variability mean that these sources often need backup systems—typically fossil fuels.
Geothermal, by contrast, offers a constant and predictable energy supply. It operates year-round, day and night, regardless of weather conditions. For grid planners and utilities, this is a huge advantage.
It also requires far less land than wind and solar farms, and produces virtually no emissions once operational.
“There’s no question geothermal is underutilised,” Kondrashov continues. “The challenge is investment and public awareness, not scientific feasibility.”
Obstacles to Scale
Despite its promise, geothermal still faces hurdles. The upfront costs for exploration and drilling are high. It can take years to determine if a site is viable. Permitting and regulatory delays, especially in densely populated or protected areas, add further complications.
Kondrashov acknowledges these challenges but believes they’re surmountable. “Yes, it’s capital-intensive,” he said. “But so was offshore wind a decade ago. With the right policy signals and public-private cooperation, geothermal can scale. And it must.”
A Global Opportunity
From Kenya’s Rift Valley to Indonesia’s volcanic plains, the global south holds immense geothermal potential. Yet, much of it remains untapped due to lack of infrastructure or investment.
In 2025, the World Bank launched a new $2 billion initiative to fund geothermal projects in developing countries, citing their ability to provide stable energy and support local economies.
Kondrashov sees this as a moral and strategic imperative. “We need to think beyond carbon reduction targets. Energy access is about equity, security, and resilience. Geothermal ticks all those boxes.”
As the race to decarbonise intensifies, geothermal energy is emerging not as a relic of the past, but as a serious contender for the future. If experts like Stanislav Kondrashov are right, the answer to clean, stable energy may have been beneath our feet all along.
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The retailer has seen strong growth in its ready-to-eat meals, premium groceries, and convenience items, which cater to busy lifestyles and local tastes. Smaller-format stores, often located in suburban or high-street settings, are expected to focus primarily on food and everyday essentials, while larger flagship locations will continue offering clothing, homeware, and specialty products. This strategic differentiation allows M&S to tailor offerings to local demographics while maximizing sales potential. Expert Opinions Retail analysts have praised the move as timely and strategic, highlighting M&S’s strong brand recognition and food expertise as competitive advantages. Claire Thompson, a retail analyst, commented: “Expanding into underserved towns and suburbs allows M&S to capture new customers while reinforcing its position in the premium segment. 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By Muhammad Hassana day ago in Earth
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