Refine by
Geothermal Data System Articles & Analysis: Older
157 news found
With global electricity demand set to grow strongly, new technologies are opening up the massive potential of geothermal energy to provide around-the-clock clean power in almost all countries around the world, according to a new IEA report.The report, The Future of Geothermal Energy, finds that geothermal energy could meet 15% of global electricity demand growth between now and 2050 if project ...
Like the steam engine and electricity, artificial intelligence is a general-purpose technology that could profoundly transform the global economy and the world’s energy system. Though key uncertainties remain, it stands to have major impacts. ...
Geotherm-FORMA has released a report on the recent market developments in geothermal technologies and the outlook for the market in 2030. In the executive summary of this report, Geothermal-FORMA states that due to the war in Ukraine and the high level of inflation in the European economy (leading to higher interest rater and lower building construction and renovation rates), the energy ...
The GeoSmart project, a groundbreaking initiative funded by the European Union’s Horizon 2020 research and innovation programme, officially concludes today. This marks a significant achievement in the transition towards sustainable energy systems in Europe. The project has successfully developed technologies, such as the GeoSmart flexible power plants, to become highly adaptable energy ...
Sage Geosystems, Inc. and California Resources Corporation (CRC) this week announced the signing of a Memorandum of Understanding (MOU) to establish a collaborative framework for pursuing commercial projects and joint funding opportunities related to subsurface energy storage and geothermal power generation in California. This strategic partnership between Sage and CRC will focus on developing ...
ETIP-Geothermal is excited to announce the launch of its new vision for geothermal energy for 2030 and 2050, titled “Geothermal Horizons: From Cities to Regions.” This visionary roadmap outlines the potential of geothermal energy to play a vital role in the energy transition across Europe, contributing significantly to achieving the EU’s climate-neutral milestone by 2050. ...
A new technical report from Cascade Institute reviews state-of-the-art deep geothermal drilling and well-construction technologies, identifies existing technology gaps, and suggests strategies to overcome these gaps. The technologies include conventional drill bits, hybrid conventional drill bits, direct energy drilling systems, high-temperature downhole tools, insulated drill pipe, low-heat ...
Deputy Secretary of Energy David Turk and additional Biden-Harris Administration officials along with, investors, utilities, and other energy stakeholders to discuss the opportunity and growth of geothermal as a growing carbon-free energy source in the U.S. This partnership will deliver up to 150 MW of new geothermal baseload power to support Meta’s ...
The U.S. Department of Energy has released the second-round funding opportunity in the Geothermal Technologies Office’s (GTO) Enhanced Geothermal Systems Pilot Demonstrations initiative, providing up to $14.2 million for projects to test the efficacy and scalability of enhanced geothermal systems (EGS). Directed by the Biden-Harris Administration’s landmark Bipartisan Infrastructure ...
The 2.0 version aims to foster development of new technologies to ensure that the grid is flexible, resilient, and sized correctly to accommodate increasing loads from vehicle charging, data centers, and building and industrial electrification. Examples include managed EV charging, low-power appliances, smart panels, energy storage, energy efficiency, and rooftop solar, as well ...
As energy costs rise and climate action becomes increasingly urgent, innovative solutions are essential. One such solution is Geothermal Heat Pumps, an advanced technology that utilises the Earth’s natural heat to provide efficient and eco-friendly heating and cooling for homes and ...
EGEC, in collaboration with EuroGeoSurveys, organized an exciting session on geothermal energy during the European Sustainable Energy Week in Brussels. The session was held at the Charlemagne Building (European Commission) and was attended by over 100 people, both in person and ...
Governor Kathy Hochul this week (May 23) announced $10 million in funding is now available under round five of the $68 million Buildings of Excellence Competition. The Competition aims to advance carbon neutral buildings in New York by providing financial awards and recognition for the design and construction of resilient, climate-friendly buildings that are healthier for residents and their ...
Municipalities need targeted support mechanisms to developing their own geothermal heating, cooling and electricity generation systems. More efficient permitting and licencing processes to scale up local geothermal energy production. Mechanisms to share best practices as well as access to subsurface data across Europe. This ...
In support of President Biden's Investing in America agenda, the U.S. Department of Energy this week (Feb 13) announced the selection of three projects that will receive up to $60 million to demonstrate the efficacy and scalability of enhanced geothermal systems (EGS). Funded by the landmark Bipartisan Infrastructure Law, the pilot projects will use innovative technology and a variety of ...
This week at the Stanford Geothermal Workshop, Fervo Energy published early drilling results from its Cape Station project that exceed the Department of Energy’s expectations for enhanced geothermal systems (EGS). These results substantiate the rapid learning underway in the geothermal industry and signal readiness for continued commercialization. Fervo began its drilling campaign at Cape ...
EGEC is thrilled to announce its membership has surpassed the remarkable number of more than 200 esteemed members, with 30 new members joined EGEC in 2023. This is a significant milestone in EGEC’s mission towards establishing geothermal as a unique energy source in Europe and beyond. This achievement reflects the growing recognition and support for geothermal energy as a sustainable, ...
EGEC is thrilled to announce the five endorsed nominations for the Ruggero Bertani European Geothermal Innovation Award 2024. The winner will be announced at GeoTHERM expo & congress, taking place between 29 February and 1 March 2024 in Offenburg, Germany. The distinguished finalists, listed in alphabetical order by company, are: Canopus Drilling Solutions Geothermal BV (Netherlands), with ...
Enerdrape, a startup based in Vaud, Switzerland pioneering pre-fabricated geothermal panel technology, has just concluded a CHF 1.3 million (approx. UD 1.5 million) seed financing round. Swiss investors, including Après-demain through the initiative GeneRActions Planet and Romande Energie led the seed round, aligning themselves with enerdrape’s vision for a sustainable future. ...
Exergy International (Exergy) has signed a contract for the supply of an 8-MW geothermal binary power plant to Emirler Enerji Elektrik Uretim A.S. for the Emirler 1 Unit 2 geothermal power plant in Saraykoy in the Denizli region of Türkiye. “We are honored to include Emirler Enerji among our partners, with whom we want to create long-term synergies and provide services that can ...