ThinkGeoEnergy

OCTOBER 26, 2023

State-owned electricity company Taiwan Power Co. Taipower) has inaugurated the 840-kW Renze geothermal power plant in Yilan County, Taiwan. The power plant is set to begin commercial operations by the end of this year. Jointly developed and constructed by Taipower and state-owned CPC Corp.

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ThinkGeoEnergy

AUGUST 25, 2023

The Prešov self-governing region has signed a memorandum of mutual cooperation with developer PW Energy for a geothermal power project in L’ubotice within the Prešov district. If the project proceeds, this will be first geothermal power plant in Slovakia. The planned geothermal project has a target capacity of 6.5

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ThinkGeoEnergy

AUGUST 29, 2023

Between 2021 and 2022, the global weighted average levelized cost of electricity (LCOE) of ten newly commissioned geothermal projects fell by 22% to USD 0.056 kWh. This statistic was reported by the International Renewable Energy Agency (IRENA) in their newly published document, “Renewable Power Generation Costs in 2022.”

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ThinkGeoEnergy

OCTOBER 24, 2023

The Energy Development Corporation (EDC) recently celebrated the 40th year anniversary of the Tongonan geothermal power plant in the Leyte geothermal field of the Philippines. After several years of intensive exploration and development work, the Tongonan-1 geothermal power plant was inaugurated on July 02, 1983.

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ThinkGeoEnergy

JANUARY 22, 2024

In the coming years, the Krafla Magma Testbed (KMT) project in the Krafla geothermal field in Iceland aims to drill into a shallow magma chamber. This will serve as both a research facility and a demonstration facility for producing geothermal energy close to a magma body.

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ThinkGeoEnergy

FEBRUARY 14, 2024

Veitur , a subsidiary of Reykjavik Energy (Orkuveita Reykjavíkur / OR), will soon drill nine (9) research boreholes in Álftanes, Iceland to evaluate the site’s potential for geothermal heating. Research boreholes will be drilled to depths of 60 to 100 meters. Drilling will take between one to three days for each borehole.

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Greentown Labs

DECEMBER 14, 2021

Twenty-five startups joined our community in the final months of 2021, working on innovations as diverse as solar-plus-storage for blackouts, plastic and tire recycling, geothermal power generation, and construction-less dam electrification. Electricity. Fervo Energy is a next-generation geothermal power developer.

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