ThinkGeoEnergy

JULY 16, 2024

The growth of the global geothermal power sector continues to lag behind other renewable energies, but there is still plenty of untapped potential for geothermal to contribute to the commercial heat market. However, the 14% increase is still considered insufficient to meet the goal of tripling renewable capacity by 2030.

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ThinkGeoEnergy

OCTOBER 23, 2023

Greenfield development projects – Ormat has acquired the rights to explore and potentially develop two greenfield projects, one adjacent to the Cove Fort power plant, and the other in a high-potential geothermal resource area in California. Ormat Technologies, Inc. Highway at Cove Fort historic site in Utah, U.S.

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ThinkGeoEnergy

OCTOBER 25, 2024

The Government of Mexico through the National Institute of Electricity and Clean Energy (INEEL) has launched an international public tender (LE-18-T0K-018T0K001-I-125-2024) for drilling services for the drilling of four geothermal exploration well in two sites in Mexico.

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ThinkGeoEnergy

SEPTEMBER 9, 2024

The full paper, “Techno-Economic Analysis of Greenfield Geothermal Hybrid Power Plants using a Solar or Natural Gas Steam Topping Cycle,” by Wendt et. Leveraging efficiency and flexibility Geothermal power plants face several challenges to competitively provide power to U.S. energy markets.

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ThinkGeoEnergy

JANUARY 8, 2024

We evaluated our existing database of power plants, compared it with numbers released from operators, national authorities, international reporting and more. The total installed geothermal power generation capacity at year-end 2023 stood at 16,335 MW, an increase of 208 MW.

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ThinkGeoEnergy

OCTOBER 3, 2024

Department of Energy and the Utah Frontier Observatory for Research in Geothermal Energy ( FORGE ) to continue the project through 2028. The extension begins on the 1st of October 2024 and will allow Utah FORGE to build on the significant breakthroughs that have been realized since the program started.

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ThinkGeoEnergy

OCTOBER 4, 2024

Sage has made significant progress in the past year, starting with the closing of a $17 million Series A funding round in early 2024. More recently, Sage announced a partnership with Meta Platforms where Sage will deliver up to 150MW of geothermal power generation at a yet to be determined location east of the Rocky Mountains.

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ThinkGeoEnergy

APRIL 5, 2024

Heber Diez went on to say that the investment requirement of geothermal represents a slight fraction of what is spent for the oil industry. The AGM President emphasized that the exploration and deployment of geothermal power technologies may be expensive at the onset, but these are compensated enough when the facilities are operational.

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ThinkGeoEnergy

JUNE 27, 2024

MPG currently holds a lease for 3000 acres of land in the Maxwell Park area near the Lost Creek subdivision, where a 10-MW binary geothermal power plant had been proposed.

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ThinkGeoEnergy

JULY 3, 2024

In early 2024, Teverra had been awarded a contract to conduct a comprehensive analysis of geothermal resources throughout Colorado. million for 35 innovative geothermal projects, ranging from heat pump installations to geothermal power generation. This report will be publicly available by the 31st of December 2024.

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ThinkGeoEnergy

DECEMBER 6, 2023

Princeton Geothermal LLC (MPG) recently held a community event at the town hall of Buena Vista in Chaffee County, Colorado to provide detailed information and answer questions about a proposed 10-MW geothermal power project near the base of the Fourteener Mountains. The planned power plant will have a footprint of only 1.62

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ThinkGeoEnergy

OCTOBER 24, 2024

Just recently, Fervo Energy received the approval from the Bureau of Land Management for the Fervo Cape Geothermal Power Project, an Enhanced Geothermal System (EGS) project that is aiming for a total installed capacity of 2 GW.

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ThinkGeoEnergy

MARCH 27, 2024

The original developer of the Makushin geothermal power project in city of Unalaska in Alaska has now been removed from the project following the expiry of the PPA that has been signed with the City. However, there is hope yet for the geothermal project as the City seems to have plans of developing it under a different structure.

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ThinkGeoEnergy

JANUARY 2, 2024

Slated for publication in the summer of 2024, the “Future of Geothermal in Pennsylvania” and “Future of Geothermal in Oklahoma” reports will analyze the location and quality of each state’s geothermal resources—i.e., Plans for collaborative studies on five more states are expected by late 2024.

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ThinkGeoEnergy

JULY 9, 2024

. “Lou Capuano is the most technically and operationally experienced geothermal drilling engineer in the world. His expertise and capabilities are essential as we begin construction of large-scale geothermal power infrastructure projects around the world ,” said Josh Prueher, CEO of XGS Energy. million in early 2024.

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ThinkGeoEnergy

SEPTEMBER 10, 2024

In a few days, the Society of Petroleum Engineers (SPE) will be holding the “SPE Workshop: Heating Up Geothermal Innovation and Development in Canada.” ” The event is set to take place on the 17th and 18th of September 2024 in Calgary, Alberta, Canada.

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ThinkGeoEnergy

DECEMBER 1, 2023

The Joint Base San Antonio (JBSA) of the United States Air Force in San Antonio, Texas is already in the process of preparing for a utility-scale geothermal power project that will supply clean and reliable energy to the facility even in the event of commercial grid outages. The JBSA is one of four U.S.

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ThinkGeoEnergy

AUGUST 23, 2024

The Bureau of Land Management (BLM) is inviting the public to comment on the draft environmental assessment for the Fervo Cape Geothermal Power Project in Beaver County, Utah. Comments will be accepted until 20 September 2024. mail to: Attn: Fervo Cape Geothermal Power Project Bureau of Land Management 176 E.

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