Companies including the venture arms of BP Plc and Chevron Corp. invested $40 million in a startup that aims to use the fossil fuel industry’s drilling experience to expand a technology that harvests Continue Reading
The green energy revolution is well and truly underway. Renewables have proven to be highly resilient, emerging as the only energy sector to record any kind of growth at a Continue Reading
With so much talk about offshore wind and utility-scale solar, it is easy to forget about one other abundant, emission-free energy source. Geothermal has garnered a lot less attention than Continue Reading
Installed geothermal capacity is forecast to expand in the next five years as energy companies diversify into alternative markets, driven by the accelerating energy transition. Global geothermal power production capacity Continue Reading
Thermal Energy Partners (TEP), a developer of geothermal energy projects, and Schlumberger New Energy, a new Schlumberger business, entered into an agreement to create GeoFrame Energy, a geothermal project development Continue Reading
The UK government announced plans to invest, through its Getting Building Fund, in the construction of Europe’s first geothermal lithium recovery pilot plant at a location near Redruth, Cornwall. The Continue Reading
It’s abundant, and it’s emissions-free: the heat from the earth’s mantle that reaches well into the crust and gives deep drillers a headache occasionally is the new star on the Continue Reading
Big Oil majors have been scrambling to make the most ambitious climate commitments in the industry, planning a pivot to clean energy, talking about net-zero emission bills, solar, and wind. Continue Reading
‘Geothermal is America’s untapped energy giant,’ the U.S. Department of Energy said in a report last year, highlighting in its analysis that this kind of “always-on” flexible renewable energy resource Continue Reading
If a geothermal well could tap into a reservoir of supercritical fluids and use them to spin a turbine on the surface, it would be one of the most energy-dense Continue Reading
