It is very possible.
“In 2006 the National Renewable Energy Laboratory (NREL) released a report, Geothermal: The Energy Under Our Feet, which estimates domestic geothermal resources. The report estimates that 26,000 MW of geothermal power could be developed by 2015, with direct use and heat pumps contributing another 20,000 MW of thermal energy.”
This report is lengthly, however, it will answer many of the questions you may have about geothermal energy:
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