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One of the most promising new forms of clean electricity just got a significant boost. Department of Energy workshop, next-generation geothermal energy startup Sage Geosystems announced that it had agreed to supply Meta , the owner of Facebook, with 150 megawatts of geothermalpower. Earlier today at a U.S.
The International Energy Agency (IEA) has published a detailed report on the potential of geothermal energy to supply the world’s growing demand for electricity, and the new technologies, regulatory changes, and the mobilization of the oil and gas industry that will facilitate the realization of this potential.
A study presented by Dayo Akipinde and Erik Witter from the National Renewable Energy Laboratory (NREL) at the 50th Stanford GeothermalWorkshop held in February 2025 provides an updated drilling cost curve based on recently reported drilling results by Utah FORGE, Fervo Energy, and Geysers Power Company.
Currently, thermal energy production (not storage) for electricity is still not competitive with natural gas and other renewables. Geothermalpower is a low-carbon source of energy with no intermittent problems. This can be used as direct heat or used to generate power through a conventional geothermalpower plant.
The planet has massive reserves of heat just below the surface that can be used for power Data centers demand a tremendous amount of electricity, and geothermal energy is being considered to provide a solution to this growing need.
The capacity building program was organized under the UNIDO global programme “Generating energy capacity from geothermalpower generation and its related technologies for sustainable development” (Geothermal Programme) funded by the Ministry of Economy, Trade and Industry of Japan.
The Southeast Asia region has earned an excellent reputation in the field of geothermalpower generation. As of the end of 2023, the Philippines and Indonesia have a combined installed geothermalpower capacity of 4370 MW , or about 27% of the global installed capacity. It can be small, even just 100 kW.
Work is now ongoing from the academic and industrial sectors in Malaysia towards the goal of a first-ever geothermalpower plant in the country. The past geothermal project planned for development in Sabah was not abandoned due to technical or geological reasons. This may not be the case for long.
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 full agenda of the SPE GeothermalWorkshop can be accessed via this link. Exploring these opportunities is one of the goals of the workshop.
Department Energy's (DOE) Catalyzing Next Generation Geothermal Development Workshop, Sage Geosystems (Sage) and Meta Platforms, Inc (Meta) announced a new agreement. Today (Aug 26), at the U.S.
Participants will see how geothermal resources in Malaysia can be developed for tourism, and not just for electricity generation.” ” “With this package, we believe that participants can have a good combination of a conference, exhibition, learnings from workshops, and a site visit.
From left to right: Dr Charlotte Adams, CEO, NGC, Michael MacKenzie, Deputy Principal, Department for the Economy Northern Ireland, Dr Jim Gillon, Service Director – Energy and Design, Gateshead Council, Augusta Grand, CEO, Eden Geothermal, Dr Ralph Baasch, Project Manager, Innovative Energie für Pulllach GmbH, and Nigel Lees, Chair of NGC’s Board.
The main focus is currently on heat and on thermal storage and some projects focus also on geothermalpower plants for electricity. Because of higher awareness on the need for renewable energy, geothermal begins to receive more interest within the authorities and the politics – still not enough but the dynamic is positive.
In the worst case scenario, no geomechanical model or an incorrect model could lead to improper wellbore treatment and wellbore loss, in the best case scenario, a proper geomechanical model can lead to a successful, optimized, profitable geothermalpower plant. 48th Workshop on Geothermal Reservoir Engineering.
The theme is "Renewable Energy for a Better Future" and the it will include: Keynote talks, Plenary sessions, Discussion Panels, B2B Meetings, Poster symposia, Video Presentations, and Workshops. In the world, every day wind turbines are capturing the wind’s power and converting it to the electricity.
. | Image: Sage Geosystems Meta announced a new partnership this week in the hopes that geothermal energy can help it reduce its greenhouse gas emissions. Meta and startup Sage Geosystems struck up a deal to develop new geothermalpower plants. They chew up a lot of electricity running all these data centers.
🚗 Outrider , a Golden, CO-based autonomous electric yard trucks developer, raised $62m in Series D funding from Koch Disruptive Technologies, New Enterprise Associates, 8VC, ARK Investment Management, B37 Ventures, and other investors. See full listings and deal analytics on Sightline Climate.
Decarbonizing the energy sector is an urgent challenge, and with the right technology, geothermal energy can play a central role. Fervo Energy has developed technology to make geothermalpower scalable and cost-effective. We are expanding our team to help make this vision a reality. Required and Preferred Qualifications .
Meta) has signed an agreement to buy geothermalpower from Sage Geosystems Inc. The agreement was announced during the US Department of Energy’s (DOE) Catalyzing Next Generation Geothermal Development Workshop in Washington. Meta Platforms Inc. Sage) to supply its data centers in the US.
Deals of the Week (11/18-11/24) Late-Stage / Growth ⚡ Tokamak Energy , an Abingdon, UK-based tokamak fusion energy developer, raised $125m in Growth funding from East X Ventures, Lingotto, BW Group, Furukawa Electric Company, and other investors.
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