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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).

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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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Terrapin and TerraScale announce merger to enhance geothermal capabilities

ThinkGeoEnergy

The company will initially concentrate on the development of a range of projects encompassing geothermal heating, geothermal cooling, and geothermal power in Alberta , Switzerland , and Japan. 1 Geothermal Power Plant development near Grande Prairie, Alberta.

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GreenFire Energy selected for Launch Alaska portfolio

ThinkGeoEnergy

GreenLoop solutions offer a stable and predictable cost of energy while providing a valuable mix of power and direct use heating and cooling. Sitting on the Pacific “Ring of Fire,” Alaska is rich with geothermal resources, particularly in the southern volcanic regions as well as other regional hot spring areas.

Energy 52
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Interest surging for superhot, superdeep geothermal energy

ThinkGeoEnergy

In an indication of growing interest in the holy grail of geothermal energy—tapping into the superhot rock miles below our feet—18 papers on the topic were presented over multiple sessions at a recent major conference on the overall geothermal industry. “By

Energy 111
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GeothermEx confirms sustainability of DEEP geothermal project in Canada

ThinkGeoEnergy

DEEP conducted surface and subsurface resource exploration and reservoir testing activities to characterize the geothermal resource in the Project area and its ability to support the development of geothermal power facilities.

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US DOE announces $60M funding for three EGS projects

ThinkGeoEnergy

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.