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The COP28 pledge to triple up by 2030 and implications for geothermal

ThinkGeoEnergy

One of the biggest stories and most widely supported initiatives coming out of the 2023 UN Climate Change Conference (CO28) in Dubai, UAE is the pledge to triple the world’s installed renewable energy capacity by 2030 to limit global temperature rise to 1.5°C. Global installed renewable electricity generation capacity in the 1.5°C

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IGA launches “Facts for Future” series to shape the future of geothermal

ThinkGeoEnergy

The recording of the first webinar “ Navigating Geothermal Data on the Road to COP28,” can be accessed via this link. For geothermal this means, tripling the installed geothermal power generation capacity of 16 GW to 48 GW by the end of 2030.

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GreenFire Energy selected for Launch Alaska portfolio

ThinkGeoEnergy

Greenfire Energy has been selected for the Launch Alaska Portfolio, joining a group of 41 companies that are deploying climate-friendly energy, industry, and transportation technologies in Alaska and beyond. By connecting climate tech companies, Launch Alaska aims to catalyze Alaska’s clean energy economy.

Energy 52
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Interest surging for superhot, superdeep geothermal energy

ThinkGeoEnergy

Several research institutions and technology companies are working on ways to safely and economically harness these resources, which has the potential to accelerate the growth of geothermal energy capacity in the coming years. Both report on research showing that superhot geothermal “can be viable,” he says.

Energy 111
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Terrapin and TerraScale announce merger to enhance geothermal capabilities

ThinkGeoEnergy

Terrapin Geothermics Inc. , a Canadian geothermal energy developer specializing in generating clean, baseload electricity and heat from industrial waste heat and deep geothermal resources, today announced that it is merging with award-winning California -based green infrastructure development and advisory firm, TerraScale Inc.

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GeothermEx confirms sustainability of DEEP geothermal project in Canada

ThinkGeoEnergy

DEEP Earth Energy Production Corp. DEEP” or “the Corporation”) announces that SLB’s GeothermEx consulting service has completed a geoscience and reservoir engineering technical review of DEEP’s geothermal project. The INTERSECT simulator is a joint product collaboration of SLB, Chevron, and Total.

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US DOE announces $60M funding for three EGS projects

ThinkGeoEnergy

Department of Energy (DOE) has announced the selection of three projects that will receive up to $60 million to demonstrate the efficacy and scalability of enhanced geothermal systems (EGS). The projects are funded by DOE’s Geothermal Technologies Office in the Office of Energy Efficiency and Renewable Energy.