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JOGMEC announces subsidies for six geothermal power projects in Japan

ThinkGeoEnergy

The Japan Organization for Metals and Energy Security (JOGMEC) has announced the list of six geothermal power projects that have been selected for the 2024 Geothermal Resource Survey Subsidy Program. Three of the six projects are new, while the other three are continuation of previously funded ongoing projects.

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Taipower inaugurates Renze geothermal power plant in Yilan County, Taiwan

ThinkGeoEnergy

State-owned electricity company Taiwan Power Co. Taipower) has inaugurated the 840-kW Renze geothermal power plant in Yilan County, Taiwan. The power plant is set to begin commercial operations by the end of this year. Jointly developed and constructed by Taipower and state-owned CPC Corp.

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EDC celebrates 40th anniversary of Tongonan geothermal field, Philippines

ThinkGeoEnergy

The Energy Development Corporation (EDC) recently celebrated the 40th year anniversary of the Tongonan geothermal power plant in the Leyte geothermal field of the Philippines. After several years of intensive exploration and development work, the Tongonan-1 geothermal power plant was inaugurated on July 02, 1983.

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Unlocking geothermal potential with AI and data science

ThinkGeoEnergy

Geothermal power has emerged as a promising solution in the pursuit of cleaner and more sustainable energy sources. However, maximizing the potential of geothermal energy requires strategic planning and advanced technologies. This precision minimizes drilling risks, reduces downtime, and lowers operational costs.

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World’s 1st geothermal direct use cement project sets model for sustainable industry

ThinkGeoEnergy

(“STEAM”) has nearly 40 years of experience in geothermal engineering and consulting. Their latest assignment in Kenya showcases the potential of geothermal energy to revolutionize high-emissions industrial processes and contribute to global climate goals. Project Overview The importance of the project may be easy to understate.

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Meet Our Members: Introducing Greentown’s Newest Startups of Q4 2021

Greentown Labs

Twenty-five startups joined our community in the final months of 2021, working on innovations as diverse as solar-plus-storage for blackouts, plastic and tire recycling, geothermal power generation, and construction-less dam electrification. Electricity. Fervo Energy is a next-generation geothermal power developer.

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IRENA reports 22% lower LCOE of geothermal power in 2022

ThinkGeoEnergy

Between 2021 and 2022, the global weighted average levelized cost of electricity (LCOE) of ten newly commissioned geothermal projects fell by 22% to USD 0.056 kWh. This statistic was reported by the International Renewable Energy Agency (IRENA) in their newly published document, “Renewable Power Generation Costs in 2022.”