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Scientific approach to well design powers Fervo Energy’s Cape Station

ThinkGeoEnergy

Beaver County, Utah may, at first glance, seem an unlikely hub for breakthrough technical and commercial innovation in geothermal energy. However, geothermal startup Fervo Energy sees vast potential to generate commercial-scale geothermal energy in this remote valley nestled between three mountain ranges in southwest Utah.

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US DOE announces $44 million funding for EGS innovation projects

ThinkGeoEnergy

By investing in EGS technology development through FORGE and other initiatives, GTO is working to achieve the Enhanced Geothermal Shot goals of reducing the cost of EGS by 90% by 2035 and deploying geothermal nationwide to help meet the Biden-Harris Administration’s goal for a net-zero-carbon economy by 2050. Source: U.S.

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GreenFire Energy – A scalable and flexible model for geothermal growth

ThinkGeoEnergy

Rather, it is the lack of a policy environment and business model that allow geothermal projects to be commercially viable. Under the leadership of new President Rob Klenner , GreenFire Energy is shifting its focus from being a technology developer and provider to being a vertically-integrated geothermal project developer.