Envirotec Magazine

SEPTEMBER 8, 2023

. “Geothermal can provide zero carbon, 24/7 electricity and heat, thereby bypassing intermittency issues faced by technologies such as wind and solar.” As an investor in geothermal in the UK, we recognise the contribution this can make to the development of a low-carbon, home-grown and reliable energy source.

Energy 147

Energy Energy Geothermal power Demand 147

ThinkGeoEnergy

MARCH 22, 2024

If we can capture the “heat beneath our feet,” it can be the clean, reliable, base-load scalable power for everybody from industries to households,” said Granholm during the announcement. Phase 2 is targeting an installed capacity of 88 to 125 GW, which would require $225 to $250 billion of investment.

Geothermal power 99

Geothermal power Technology Energy Energy 99

Charged

MAY 10, 2021

Both sources have substantial local environmental impacts, in addition to the carbon cost of shipping the lithium around the world. German-Australian startup Vulcan Energy Resources says it can deliver carbon-neutral lithium, extracted at geothermal power stations. The company plans to invest 1.7

Lithium 128

Lithium Geothermal power Carbon-neutral South America 128

ThinkGeoEnergy

MARCH 12, 2024

Quaise Energy , a geothermal drilling technology startup pioneering millimeter wave drilling technology, has just closed a $21 million Series A1 funding round led by Prelude Ventures and Safar Partners, with Mitsubishi Corporation and Standard Investments joining the company’s list of new investors. of Mitsubishi Corporation. “We

Energy 52

Energy Energy Carbon-neutral Geothermal power 52

Greentown Labs

NOVEMBER 16, 2022

Ebb Carbon closed a $10.75M round to remove atmospheric CO2 and reduce ocean acidification using electrochemistry. investment in its vegetation intelligence platform that helps utilities reduce the risk of power outages and wildfires. Applied Bioplastics received an investment from 4WARD.VC Overstory announced a $5.2M

Energy Monitor 98

Energy Monitor Building Energy Monitoring Solar Energy Monitor Ocean acidification 98

ThinkGeoEnergy

APRIL 23, 2024

The funding massively upscales Canada’s research and development efforts in geothermal power and supports its national commitment to achieve net-zero emissions by 2050 to address the climate crisis. The program focuses on deep geothermal systems in hot, dry rock five to 10 kilometers below Earth’s surface.

Geothermal power 72

Geothermal power Climate change Innovation Energy 72

Business Green

MARCH 7, 2023

The company revealed this morning it has secured £12m from private equity firm Kerogen Capital and £3m from clean energy investor Thrive Renewables PLC that should allow it to complete work on its flagship United Downs geothermal facility near Redruth.

Geothermal power 73

Geothermal power Lithium Law Investment 73

Hydrogen Fuel News

DECEMBER 9, 2023

To address this concern, we must prioritize: Renewable energy sources : Harnessing energy from renewable sources like solar, wind, hydro, or geothermal power to produce hydrogen can drastically reduce emissions. Invest in infrastructure for hydrogen production and distribution.

Ethics 116

Ethics Hydrogen Fossil fuels Education 116

ThinkGeoEnergy

NOVEMBER 16, 2023

Geothermal Engineering Limited (GEL) has announced plans of producing around 10o tonnes of Lithium Carbon Equivalent (LCE) per year from the company’s geothermal projects in Cornwall, UK. “There is a great deal of interest in direct lithium extraction from geothermal resources. .

Lithium 98

Lithium Energy Monitor Business Energy Monitoring Electric vehicle 98

ThinkGeoEnergy

SEPTEMBER 27, 2023

Familiar with different geothermal technologies (hydrothermal, EGS, ACL), vintage and varying quality of applicable geophysical data, well log correlations, core data to access opportunities for subsurface assurance. This position reports to the Geothermal Program Manager.

Energy 52

Energy Energy Geothermal power Logging 52

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. Fervo Energy is a next-generation geothermal power developer. Electricity.

Startups 98

Startups Building Energy Monitoring Solar Energy Monitor Energy Monitor 98

ThinkGeoEnergy

APRIL 19, 2024

Signing of steam supply agreement between GDC and Karsan Ramji and Sons (source: GDC via LinkedIn) Pioneering geothermal use in the cement industry As Owners Engineer, Steam will begin with concept and basic designs for the 4 MW power plant, incorporating the heat from the geothermal brine for use in the cement plant’s drying unit.

Geothermal power 116

Geothermal power Cooling Innovation Waste 116

ThinkGeoEnergy

MAY 3, 2024

Together, we will leverage our collective strengths to expand our renewable energy portfolio and contribute to New Zealand’s carbon reduction targets.” “We ” Eastland Generation are currently in the process of constructing TOPP2, a 49MW geothermal power station in Kawerau, which is expected to be commissioned in late 2025.

Geothermal power 52

Geothermal power Construction Sustainability Energy 52

ThinkGeoEnergy

SEPTEMBER 8, 2023

This is a hugely significant milestone in our push to extend the boundaries of what’s possible with geothermal power and heat. Securing these CfDs will also provide the necessary financial foundation to allow more substantial investment in the multiple projects that we have planned in the UK.

Law 98

Law Geothermal power Electricity Energy 98

DeSmogBlog

MARCH 1, 2024

BRC-Canada has estimated that between 2019 and the end of 2023, renewable energy projects in Alberta created more than 6,000 jobs, involved a capital investment of $6.3 billion, and produced enough energy to power 1.7 million homes. “By To date, there is no clear explanation for why the government instituted the moratorium.

Wind power 88

Wind power Agriculture Climate change Government 88

Clean Energy Canada

JULY 26, 2020

is the world leader in terms of megawatts of geothermal power capacity, followed by Indonesia, Turkey and New Zealand. Geothermal for power: Geothermal for power generation typically requires source temperatures over 120 o C for efficiency. There are two main types of geothermal power facilities.

Geothermal power 94

Geothermal power Energy Energy Cooling 94

Business Green

DECEMBER 20, 2022

The news came on the same day as a separate project in Wigan became one of the last projects to secure funding from the government's previous £320m Heat Networks Investment Project (HNIP), after being awarded £2.6m With rising energy bills, the need for low-cost, low-carbon heating systems is clear," he said. of funding.

Home Energy Monitoring 36

Home Energy Monitoring Energy Monitor Business Energy Monitoring Solar Energy Monitor 36

Business Green

FEBRUARY 18, 2021

Hopes that next generation geothermal energy technologies could unlock low cost, dispatchable, clean power at scale received a boost this week, as Eavor Technologies announced it has completed a $40m funding round. Our expertise and experience also makes BP well equipped to support Eavor's growth," he added.

Technology 101

Technology Geothermal power Carbon Energy 101

GreenTechMedia

SEPTEMBER 30, 2019

gigawatts of “traditional thermal power.". In a statement to the Spanish stock exchange, Endesa was unequivocal in its view on coal’s near-term future , blaming market conditions and carbon pricing. Last week Endesa added Enel Green Power CEO Antonio Cammisecra to its board of directors.

Europe 100

Europe Geothermal power Nuclear Power Natural gas 100

Business Green

SEPTEMBER 18, 2020

The company yesterday announced the results of preliminary sampling of lithium in deep geothermal waters at its pilot United Downs Deep Geothermal Power Project near Redruth, where it plans to carry out further tests in the coming months.

Lithium 91

Lithium Geothermal power Electric vehicle Power grid 91

Business Green

MAY 13, 2021

It calculates that a surge iun development would create 1,300 jobs and generate more than £100m in investment, predominantly in towns in the North of England, Midlands, and South West. Incentives such as those proposed are needed to encourage private investment and develop the UK sector, it argues.

Geothermal power 95

Geothermal power Government Policy Technology 95

EDF + Business

OCTOBER 18, 2023

Successful deployment of several commercial-scale projects will be needed to de-risk EGS and ready it for private sector investment. Unless hydrogen is made from renewable electricity the process is still carbon-emitting.* Today, less than 1% is made from renewable energy *Steam Methane Reform with carbon capture and storage, 1.5-6.2

Energy 57

Energy Energy Hydrogen Technology 57

Elemental Excelerator

SEPTEMBER 18, 2023

We spoke to both interns and employers to get a sense of what they’ve gained from the program, and how it might inform others invested in diversifying the future of climate talent. I feel happy that I’ve been able to support my team to have a better understanding on how DAC could be coupled with our geothermal power plant.”

Climate change 52

Climate change Geothermal power Organic Education 52

Business Green

OCTOBER 11, 2021

These factors have resulted in one of the world's most low carbon economies, substantial inward investment, and a fast growing community of clean tech start-ups. However, the country's ability to export the geothermal energy and green farming innovations that have resulted have always been somewhat offset by its remoteness.

Building Energy Monitoring 40

Building Energy Monitoring Packaging Pollution Energy Monitor 40

ThinkGeoEnergy

MARCH 19, 2024

The US Department of Energy (DOE) has released the “Pathways to Commercial Liftoff: Next-Generation Geothermal Power” report, highlighting the potential of next-generation geothermal power to transform the U.S. energy landscape. The full report can be accessed via this link.

Geothermal power 105

Geothermal power Technology Investment Energy 105

Business Green

JULY 19, 2022

He also said that Energy Minister Greg Hands had signed off on the Strategy, despite not having the legally required information on how carbon budgets would be met. Sunak also hinted that he wanted to see more investment in natural carbon sinks, describing peat restoration as a "pet project". 14 of the CCA 2008.".

Climate change 61

Climate change Government Policy Biodiversity 61

ThinkGeoEnergy

FEBRUARY 14, 2024

Fervo Energy — This pilot within the Milford Renewable Energy Corridor in Utah and adjacent to the DOE’s Frontier Observatory for Research in Geothermal Energy (FORGE) field laboratory aims to produce at least 8 megawatts of power from each of three wells at a site with no existing commercial geothermal power production.

Geothermal power 98

Geothermal power Cooling Law Energy 98

ThinkGeoEnergy

NOVEMBER 14, 2023

By investing in EGS technology development through FORGE and other initiatives, GTO is working to achieve the Enhanced Geothermal Shot goals of reducing the cost of EGS by 90% by 2035 and deploying geothermal nationwide to help meet the Biden-Harris Administration’s goal for a net-zero-carbon economy by 2050.

Energy Monitor 89

Energy Monitor Business Energy Monitoring Innovation Building Energy Monitoring 89

Renewable Energy World

MARCH 8, 2021

Renewable energy businesses can be promising investments for larger companies looking to improve their carbon footprints. Oil giants BP and Chevron were among the chief investors in the $40 million funding round for the Canada-based geothermal startup. Other Big Energy Companies Investing in Green Power.

Startups 82

Startups Fossil fuels Investment Geothermal power 82

Smart Energy International

AUGUST 14, 2022

One downside to wind power is that it’s less accessible. Average annual wind speeds in the area should be at least nine mph to generate enough electricity to be worth the investment. Geothermal. A more unique source of renewable energy for homeowners is geothermal power. Power homes with renewable energy.

Home Energy Monitoring 105

Home Energy Monitoring Solar Energy Monitor Energy Monitor Building Energy Monitoring 105

Hydrogen Fuel News

MAY 2, 2024

  The facility opened in 2021 at the Mōkai geothermal power plant located to the north-west of Taupō   It has a 180 metric ton production capacity per year, powering its H2 producing processes with the renewable electricity generated by the Tūaropaki Power Company, which offers low-carbon credential traceability.

Hydrogen 101

Hydrogen Geothermal power Electric vehicle Transportation 101

Business Green

SEPTEMBER 9, 2022

has this week announced an exclusive partnership with leading carbon storage developer Frontier Carbon Solutions which aims to permanently remove five million tons of atmospheric CO2 annually by 2030. Our goal is to leverage economies of scale to offer the lowest priced DAC-based carbon removal credits in the market.".

Fossil fuels 68

Fossil fuels Carbon-neutral Government Climate change 68

Climate Tech VC

OCTOBER 12, 2023

We're focused on the fact that building heating and cooling is an incredibly stubborn source of carbon emissions, and also a huge draw on power and a huge source of increasing power demand over time as the planet gets hotter. In O&G, you're definitely fracking and inducing seismicity. in overall seed funding.

Building Energy Monitoring 69

Building Energy Monitoring Business Energy Monitoring Home Energy Monitoring Energy Monitor 69

CleanTech San Diego

NOVEMBER 1, 2022

Chilldyne offers a liquid cooling technology that improves Data Center energy efficiency 20-40 percent for a quicker return on investment while also enabling ten-times higher density computing than traditional air-cooled systems. About the Graduating Startups: .

Incubators 52

Incubators Incubators Business Energy Monitoring Startups 52

Elemental Excelerator

OCTOBER 5, 2020

Because the price of keeping the status quo grows steeper every year, from the human and economic toll of climate-related disasters, fires, heatwaves, and other environmental stresses to the jobs left on the table by not accelerating towards a carbon-free, regenerative economy. Carbon negative materials. Why do we love them?

Innovation 105

Innovation Business Energy Monitoring Building Energy Monitoring Energy Monitor 105

Business Green

OCTOBER 16, 2022

Now people in my country talk about nuclear or fossil as baseload, but geothermal is doing that job in countries like Kenya. The plant I visited, Olkaria, was already producing 1 gigawatt of power. Kenya has the potential for ten times more geothermal power. Central banks or investment banks.

COP 49

COP Politics Climate change Innovation 49

DeSmogBlog

MARCH 16, 2023

Scientists and climate advocates warn that without rigorous guidelines dictating who is eligible for the subsidy, the government could spend billions propping up hydrogen production facilities with enormous carbon footprints, wiping out many of the other climate gains catalyzed by the legislation. The stakes are extremely high.”

Building Energy Monitoring 77

Building Energy Monitoring Solar Energy Monitor Energy Monitor Hydrogen 77