A method of generating electricity from geothermal energy utilizing an in situ closed loop heat exchanger deep within the earth using a recirculating heat transfer fluid to power an in situ modular turbine and generator system within a vertical, large bore, deep, tunnel shaft. The shaft length and diameter are dependent on the shaft temperature and sustaining heat flux. The method further includes methods of deep shaft boring and excavating, liner placement and sealing, shaft transport systems, shaft Heating, Ventilation, and Air Conditioning, and operations and maintenance provisions. The method has few global location restrictions, maximizes thermal efficiency as to make power generation practical, has a small site surface footprint, does not interact with the environment, is sustainable, uses renewable energy, and is a zero release carbon and hazardous substance emitter.