article thumbnail

Contact to produce food-grade CO2 from Ohaaki geothermal plant, NZ

ThinkGeoEnergy

Contact Energy (Contact) has developed a way to capture the small amount of naturally occurring carbon dioxide released during geothermal power generation at the Ohaaki geothermal site near Taupo, New Zealand. MW Te Huka Unit 3 geothermal power station. MW Te Huka Unit 3 geothermal power station.

article thumbnail

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

ThinkGeoEnergy

Beyond the 16 GW of installed geothermal power capacity as of the end of 2022, there is currently also about 173 GW of installed geothermal heating capacity according to a recent “Facts for Future” webinar episode by the International Geothermal Association (IGA).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Meet Our Members: Introducing Greentown’s Newest Startups of Q4 2021

Greentown Labs

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.

article thumbnail

Green Dividend Stocks: The Comfort Food of Investing in a Sustainable Future

Hydrogen Fuel News

Pretty cool, huh? Given the focus of this site being hydrogen, it’s worthwhile to spotlight several companies actively involved in the H2 sector. Here’s a list of hydrogen companies that pay a dividend. designs, manufactures, and distributes engines and power generation products. cents per share.

article thumbnail

Interview – Singapore, Asia’s newest emerging geothermal market

ThinkGeoEnergy

What scale of development do you envision for geothermal in Singapore? Are you aiming for power generation, cooling, or any type of direct use application? Therefore, one mechanism to encourage geothermal development projects is through government financial support. Cited works Oliver, G.J.H. Available at: [link] Zhao, J.,

article thumbnail

News roundup – State funding spurs multiple geothermal projects in Colorado

ThinkGeoEnergy

Benjamin Burke, Chief Executive Officer, Gradient Geothermal. “We Pierce can be a world-class ‘geothermal garden’ where both heat and electricity from geothermal power benefit the entire town and provide jobs for a workforce familiar with oil and gas.”

article thumbnail

Interview – Harnessing the potential of geothermal to scale up by 2030

ThinkGeoEnergy

Depending on where you are, somewhere between 30% to 70% of primary energy is spent on heating and cooling. This presents a massive decarbonization opportunity, one reason why geothermal heating and cooling is growing and will continue to grow rapidly. Another is the use of geothermal heating to improve food security.