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Drill dominion: First ever CfDs awarded for geothermal energy

Envirotec Magazine

The first Contracts for Difference (CfD) have been awarded for geothermal energy in what seems to be a major milestone for home-grown power and heat in the UK. GEL is targeting 25 MWe of baseload electricity and 100 MWh of heat energy across its geothermal portfolio by 2028, enough heat and power for 70,000 homes.

Energy 147
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GEL awarded the first-ever Contracts for Difference for geothermal

ThinkGeoEnergy

GEL’s flagship site at United Downs is the first geothermal project in the UK, forecast to deliver electricity by 2025. GEL is targeting 25 MWe of baseload electricity and 100 MWh of heat energy across its geothermal portfolio by 2028, enough heat and power for 70,000 homes.

Law 98
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Unlocking Geothermal Energy: Overcoming the Obstacles

EDF + Business

Karine Kleinhaus and Andrew Howell, CFA Oil and gas companies, federal agencies, and ambitious start-ups are coming together around innovation in geothermal energy that could give it a foundational role in the emerging clean power grid. Department of Energy estimates that EGS could help propel geothermal from its 0.4%

Energy 57
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Cornwall set to host Europe's first geothermal lithium pilot plant

Business Green

Cornwall is set to become home to Europe's first geothermal lithium recovery pilot plant, with government funding announced this week set to support a project that combines lithium extraction from geothermal waters deep below the surface of the county with geothermal energy generation. Around £14.3m

Lithium 101
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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.

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Renewable power plants need better planning and design

Renewable Energy World

In 2018, about two-thirds of new energy capacity installed was renewable. degrees Fahrenheit), the best-case scenario outlined at the Paris Climate Accord, global investment in renewable energy needs to double over the next decade. The world will need thousands of new solar, wind, and geothermal power plants.

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Various Positions at Fervo Energy

Women in Cleantech and Sustainability

Various Positions | Fervo Energy | Remote. Decarbonizing the energy sector is an urgent challenge, and with the right technology, geothermal energy can play a central role. Fervo Energy has developed technology to make geothermal power scalable and cost-effective. About Fervo Energy.