Geothermal Energy

U.S. Department of Energy: $31 Million to Improve Enhanced Geothermal Systems and Advance Thermal Energy…

Today, the U.S. Department of Energy’s (DOE) Geothermal Technologies Office (GTO) announced a funding opportunity of up to $31 million for projects that support enhanced geothermal systems (EGS) wellbore tools as well as the use of low-temperature geothermal heat for industrial processes. The combined Funding Opportunity Announcement (FOA) seeks projects in two topic areas: Topic Area 1: Funding of up to $23.1 million … [continued]

Geothermal heat pumps can be scaled Image: Office of Energy Efficiency & Renewable Energy, DOE

New Analysis: Geothermal Heat Pumps Key Opportunity in Switch to Clean Energy

ORNL and NREL Modeling Finds Installing Geothermal Heat Pumps in About 70% of US Buildings Could Reduce Need for New Long-Distance Transmission Lines by 33% A new analysis from Oak Ridge National Laboratory (ORNL) and the National Renewable Energy Laboratory (NREL) found that, coupled with building envelope improvements, installing geothermal heat pumps in around 70% of U.S. buildings … [continued]

U.S. Department of Energy Analysis Confirms California’s Salton Sea Region To Be A Rich Domestic…

Analysis Concludes the Region Could Meet the Nation’s Need for the Critical Mineral through Extraction from Geothermal Brines Using Innovative Technologies in Development WASHINGTON, D.C.—The U.S. Department of Energy (DOE) recently announced results of the most comprehensive analysis to date quantifying the domestic lithium resources in California’s Salton Sea region. … [continued]

Image courtesy of FORGE/US Department of Energy

13 Projects Receive $44 Million For Innovations In Enhanced Geothermal Systems

Funding Will Help Advance Geothermal Deployment Nationwide and Tap into Geothermal Energy’s Potential to Provide 90 GW of Clean, Reliable Power  WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today announced that its Frontier Observatory for Research in Geothermal Energy (FORGE) field laboratory in Milford, UT, has selected 13 … [continued]

ChatGPT and DALL-E generated image of a panoramic cityscape view showing a variety of buildings with solar panels installed on their rooftops.

Questions From Institutional Investors About Energy Transition Are Revealing

Recently Jefferies Group, one of the United States largest investment banks, asked me to speak to a global group of their clients, institutional investors representing billions and possibly trillions in funds.

Geothermal Energy Rising — Pros & Risks

Over the past few months, both the popular press and specialty publications in the renewable energy field have been abuzz with excitement about the commercialization of a new-ish geothermal energy technology by a Houston-based startup company, Fervo Energy. The approach, called Enhanced Geothermal Systems (EGS), uses hydraulic fracturing (fracking) techniques … [continued]