Geothermal News
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Fervo Energy Raises $138 Million for 24/7 Carbon-Free Next-Generation Geothermal Energy
Fervo Energy, a leader in next-generation geothermal power, this week (Aug 22) announced that it had raised $138 million in new funding led by DCVC to build, own, and operate 24/7 carbon-free power plants. Fervo has adapted innovations pioneered by the oil and gas industry, such as horizontal drilling and distributed fiber optic sensing, to make reservoirs of hot rock that exist beneath the ...
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U.S. Department of Energy to Invest Up to $165 Million to Advance Geothermal Energy Deployment
The U.S. Department of Energy recently (July 28) announced up to $165 million to expand U.S. geothermal energy deployment. The Geothermal Energy from Oil and Gas Demonstrated Engineering (GEODE) initiative will provide $10 million to form a consortium of experts to develop a roadmap for addressing technology and knowledge gaps in geothermal energy, based on best practices used within the oil and ...
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Recycling Specialist Lindner’s New Plant Delivers on Automation, Robotics, Flow Manufacturing and Increased Depth of Production
Recycling has been experiencing a strong upswing for many years – worldwide. From the very beginning Lindner Recyclingtech has been considered a pioneer, which is why shredding solutions from Spittal in Austrian Carinthia have been used internationally for decades and are considered a benchmark in many areas. A growing awareness of energy costs, the scarcity of resources and raw ...
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Dandelion Energy Celebrates New Tax Credit for New York Homeowners Who Install Geothermal Systems
Dandelion Energy, the nation’s leading home geothermal company, celebrates the passing of the New York state budget, which includes a new tax credit for residential geothermal heat pump installations in New York. The new geothermal tax credit is available for any system installed after January 1, 2022, and homeowners can carry the tax credit forward for five years if their New York income ...
By Dandelion
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Join Dandelion for a Ribbon Cutting Ceremony to Celebrate the Opening of our New Long Island Warehouse
Please join Dandelion Energy on April 26 for a ribbon-cutting ceremony celebrating our early 2022 kick-off announcement that we are now serving all of Long Island with geothermal heating and cooling solutions. The event will include a tour of our facility and one of the rigs that our Long Island drilling partner, Island Geo, is using for our customer’s installations. Long Island homeowners ...
By Dandelion
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Hawaiian Electric Hits 38% Renewable Energy in 2021
Buoyed by a full year of geothermal production and an increase in private rooftop solar, Hawaiian Electric achieved a 38% consolidated renewable portfolio standard in 2021.The 38.4% is the consolidated RPS for O'ahu, Hawai'i Island and Maui County, up from 34.5% in 2020. Over the past decade, the company has nearly quadrupled the amount of renewable energy on its electric grids, up from just ...
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California ISO Releases First-Ever 20-year Transmission Outlook
To help enable and accelerate the integration of new renewable electricity resources onto the grid, the California Independent System Operator (ISO) has published a draft of its first-ever 20-Year Transmission Outlook. The long-range blueprint for the interconnected high-voltage system was developed at the same time as the ISO's customary annual 10-year Transmission planning process. "There is a ...
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Con Edison Files Investment Plan in Support of New York State's Climate Goals
Con Edison is seeking new electric and gas rates in 2023 to fund clean energy investments in support of New York State's climate goals and to make infrastructure upgrades that will help keep customers in service during severe weather. The proposal to the New York State Public Service Commission would continue unprecedented investments in energy efficiency, renewables, electric vehicles and clean ...
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Deep Energy Capital and Eavor Technologies To Collaborate on Next-Gen Geothermal Energy
Deep Energy Capital, LLP, an independent specialized renewable energy investment house, and Eavor Technologies Inc., an advanced geothermal technology company, announced their cooperation to deploy advanced geothermal technology, Eavor-Loop , a new source of clean, baseload and flexible heat and power. Deep Energy will raise capital to develop projects deploying Eavor's advanced closed-loop ...
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USDA Launches Pilot Program to Deploy Renewable Energy Infrastructure to People in Rural Towns
U.S. Department of Agriculture (USDA) Secretary Tom Vilsack this week (Jan 19) announced that the Department is making up to $10 million available to help people living in rural towns develop community renewable energy projects that will help them cut their energy costs and contribute to the nationwide effort to reduce pollution that contributes to climate change. These funds will be targeted to ...
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Interior Department Advances Three Key Solar Projects in California
The Department of the Interior announced this week it has approved two solar projects with a third nearing final completion on public lands in Riverside County, Calif., underscoring the Department's commitment to promoting onshore renewable energy production. The three projects will generate roughly 1 gigawatt of power and are the first projects approved under the Desert Renewable Energy ...
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The Biden-Harris Electric Vehicle Charging Action Plan
President Biden, American families, automakers, and autoworkers agree: the future of transportation is electric. The electric car future is cleaner, more equitable, more affordable, and an economic opportunity to support good-paying, union jobs across American supply chains as automakers continue investing in manufacturing clean vehicles and the batteries that power them.This week, the Biden ...
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Agreement Signed to Decarbonise Southeast Asia’s Largest Economy
Indonesia’s Ministry of Energy and Mineral Resources and the International Renewable Energy Agency (IRENA), this week signed a partnership that will see the two parties work closely to identify and implement decarbonisation pathways aligned with a 1.5°C future. Indonesia took over as G20 President for the first time in history at the recently concluded Rome Summit, where the world’s largest ...
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DOE Announces $12 Million to Boost Geothermal Energy Research
The U.S. Department of Energy recently (Sept 22) announced $12 million in funding for seven research projects to advance the commercialization of enhanced geothermal systems (EGS) manmade reservoirs that produce clean, renewable energy. EGS development could expand U.S. geothermal energy capabilities and extend the use of geothermal energy into new geographic areas across the country. The ...
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DOE Releases Solar Futures Study Providing the Blueprint for a Zero-Carbon Grid
The U.S. Department of Energy this week (Sept 8) released the Solar Futures Study detailing the significant role solar will play in decarbonizing the nation's power grid. The study shows that by 2035, solar energy has the potential to power 40% of the nation's electricity, drive deep decarbonization of the grid, and employ as much as 1.5 million people without raising electricity prices. The ...
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Greener future for Hereford County Hospital site through £4.7m energy upgrade
The funding comes as part of a wider national decarbonisation plan supported by a grant scheme from The Department for Business Energy & Industrial Strategy (BEIS) delivered by Salix Finance, which helps the public sector work towards their net zero goals. Centrica Business Solutions will deliver the multi-million pound upgrade to provide greener energy and efficiency to Hereford County ...
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Massachusetts Homeowners Earn Cash Back with Geothermal
Massachusetts Homeowners Can Earn Alternative Energy Credits with a Geothermal System Massachusetts has a little-known program that offers cash back to homeowners who install geothermal heating systems. All geothermal systems installed in Massachusetts are eligible to earn Alternative Energy Credits (AECs) through the Massachusetts Department of Energy Resources (MA DOER). If the heating ...
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Geothermal Installation Showcased by MassCEC
Recently, one of our installations was showcased by the Massachusetts Clean Energy Center as a geothermal success story. Before Geothermal Installation: The 3700 square foot home had an oil boiler, two hydro-air units, and two air conditioning condensers. Despite having the air conditioning evaluated by several HVAC companies, it never worked properly. Between 1997 and 2016, the average oil ...
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Calpine and GE Renewable Energy Complete Santa Ana Storage Project in Southern California
Calpine and GE Renewable Energy announced this week the completion of the Santa Ana Storage Project (SASP) in Southern California. The project contains a 20MW/80MWh (4hr) standalone battery energy storage system using GE's Reservoir energy storage technology. The system, now in commercial operation, is supported by a 20-year Resource Adequacy Power Purchase Agreement (PPA). The project will be ...
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REA statement on reports that the Heat and Buildings Strategy will be delayed again
REA express disappointment that the already delayed Heat and Building Strategy could be delayed further; The delay to publish the document, originally due last year, has seen the renewable heat sector’s routes to market limited and the sector stall when we need to be intensifying our efforts to decarbonise heat; REA’s ‘Strategy for Net Zero’ set the ambition ...
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