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Geothermal energy is playing a larger role as an alternative energy source for both electricity generation and space heating. Our recent magnetotelluric and audio frequency magnetotelluric (MT and AMT) and gravity surveys in Iceland and Hungary have both characterized known geothermal reservoirs and identified new drilling opportunities. The success of these surveys has resulted in additional 2-D and 3-D MT/AMT and gravity data acquisition and the onset of a drilling program to evaluate the identified geothermal potential.