deep geothermal energy

ChatGPT generated landscape artistic view of a hospital, brewery, and industrial facility connected to a moderate-depth geothermal heat network

Busting Geothermal Myths: The Promise & Limits of Deep Closed Loop & Enhanced Systems

Recently, I had the opportunity to sit down Simon Todd, PhD geologist, founder of Causeway Energies, and expert on geothermal. This is the transcript of the second half of our conversation, lightly edited. Michael Barnard [MB]: Hi, welcome back to Redefining Energy — Tech. This episode is powered by TFIE … [continued]

ChatGPT generated panoramic image of a flock of black swans looking suspiciously at a drilling rig

Ultra-Deep Geothermal Drilling & The Rise Of Black Swan Risks

Deep drilling isn’t optional for enhanced geothermal systems (EGS), it’s the whole point. To understand why, think of the Earth’s crust as a hot soup. Near the surface, it’s merely lukewarm, barely useful beyond warming your house if you’re lucky. Go deeper, however, and temperatures rise rapidly, roughly 25 to … [continued]

ChatGPT generated panoramic image of an abandoned Enhanced Geothermal System (EGS) project site

Enhanced Geothermal Has A Flock Of Black Swans

Despite being mostly underground, enhanced geothermal systems (EGS) are having a moment in the sun. At its core, EGS involves drilling deep into hot, solid rock formations, artificially creating permeability by fracturing the rock, and circulating fluids to harness and produce power from the Earth’s heat. Unlike conventional geothermal, which … [continued]

ChatGPT generated panoramic image capturing the geothermal plant amidst Iceland's mystical volcanic landscape

Geothermal Is Having A Moment In The Sun, But Black Swans Are Casting Shade

For several years now, people have been asking me about enhanced or deep geothermal energy. I’ve fielded questions from readers, investors, policymakers, and fellow analysts, and it’s clear there’s renewed enthusiasm for geothermal’s potential role in our energy future. It’s time I delved into this topic comprehensively, and this article … [continued]

Recent core drilling by Quaise lays the groundwork for upcoming field demonstrations of millimeter wave drilling technology. Photo: Quaise Energy

Quaise Energy Raises $21 Million to Accelerate Terawatt-Scale Deep Geothermal Energy

New funding will expand field operations and secure supply chain toward clean energy abundance CAMBRIDGE, Massachusetts—Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new … [continued]