Shale gas is often seen in the news recently, like a human emerging energy revolution. The key to the success lies in the hydraulic fracking technology in the exploring process. If Engineered Geothermal System (EGS) applies the similar technology, under the different tunes rendered with equal skill, the power output can be amplified 5-10 times, which is exclusively an another initiative for the world's energy supply. In this paper, starting from the traditional geothermal energy development, we introduce the progress and profile of the EGS technology and the projects that have been carried out in the world at present. Meanwhile, the paper also assesses the development potential of deep geothermal energy in Taiwan. We found EGS to be sufficient to provide about half the electricity supply for this country, which is really amazing.