Unleashing Geothermal Power: How the STEAM Act Could Transform U.S. Energy By: Robert Buluma The United States stands at a critical juncture in its energy history. While solar and wind power have seen remarkable growth over the past two decades, geothermal energy—an often-overlooked, 24/7 source of clean and reliable power—has yet to reach its full potential. That may soon change with the introduction of the Streamlining Thermal Energy through Advanced Mechanisms (STEAM) Act , a bipartisan bill introduced by Congresswomen Susie Lee (NV-03) and Celeste Maloy (UT-02) in the House of Representatives, with companion legislation in the Senate sponsored by Senators Catherine Cortez Masto (D-NV) and Lisa Murkowski (R-AK). This legislation aims to level the playing field for geothermal energy by cutting through bureaucratic red tape and giving geothermal developers similar rights and flexibility that the oil and gas industry has enjoyed for nearly two decades. For advocates of clean ener...

  Zukunftswärme M West Secures Exploration License for Geothermal Energy By: Robert Buluma A New Chapter in Europe’s Geothermal Future Across the world, nations are racing to transition away from fossil fuels and toward cleaner, more reliable sources of energy. Among the most promising solutions is geothermal energy — the heat stored beneath the Earth’s crust. In Europe, where the push for energy independence has intensified following global energy crises, deep geothermal energy is emerging as a strategic pillar of sustainable heating systems. A significant milestone in this journey has recently been achieved in Germany. The project “Zukunftswärme M West” has officially received an exploration license (Aufsuchungserlaubnis) for geothermal energy development. This authorization marks a crucial step toward unlocking deep geothermal resources that could provide clean, climate-neutral heating for communities in the Munich metropolitan region. The announcement represents more than...

Fort Polk Goes Geothermal: How a $30 Million Energy Upgrade Is Transforming U.S. Military Housing By: Robert Buluma In a world increasingly defined by energy security, climate responsibility, and infrastructure modernization, a quiet revolution is unfolding beneath the homes of thousands of U.S. military families. At the heart of this transformation is a landmark geothermal energy project completed at , where advanced ground-source heat pump systems are redefining how military housing consumes energy. The project—completed by in partnership with  between the two entities  represents a $30 million investment in clean energy, efficiency, and resilience. But beyond the numbers lies a powerful story about how geothermal technology is quietly reshaping energy systems in one of the most demanding operational environments: military installations. The project not only modernizes energy systems across thousands of homes but also sets a precedent for future energy transitions across ...

Türker Yenilenebilir Enerji Yatırım A.Ş.'s IPO Application: A New Milestone in Turkey's Renewable Energy Sector Turkey's renewable energy sector continues to advance rapidly, driven by the need for energy security, reduced import dependence, and lower carbon emissions. The country is investing heavily in wind, solar, hydro, and geothermal sources. In this context, a recent announcement from the Geothermal Energy Association (JED) has drawn significant attention: Türker Yenilenebilir Enerji Yatırım A.Ş., a subsidiary of Türkerler Holding, has submitted an application to the Capital Markets Board (SPK) for an initial public offering (IPO/halka arz). This application is more than just a company's move to list on the stock exchange—it symbolizes the growing role of the private sector in achieving Turkey's renewable energy goals. As highlighted in the JED post, the company operates a portfolio with 526 MW of installed capacity and aims to expand to 880 MW through new pro...

The recent strategic partnership between Diverso Energy and Dandelion Energy ,announced on March 10, 2026, represents a transformative moment for geothermal heating and cooling in the United States residential market.  By: Robert Buluma This collaboration unites Diverso's mature, utility-owned geothermal model—proven in Canada—with Dandelion's leading U.S. deployment expertise and innovative financing approaches. Together, they aim to overcome longstanding barriers to widespread adoption, such as high upfront costs, installation complexity, and scalability challenges, by delivering geothermal systems to new low-rise housing developments without burdening builders or homeowners with significant capital outlays. Geothermal heat pumps (also known as ground-source heat pumps) leverage the earth's stable subsurface temperatures—typically 10–15°C (50–59°F) year-round in most U.S. regions—to provide highly efficient heating in winter and cooling in summer. A closed-loop system ci...

The recent signing of an agreement between Kenya Electricity Generating Company (KenGen) and Synergetic Development Group marks a pivotal moment in Kenya's push toward sustainable industrialization.  Image:  Image Credit: Nexaxioms Announced on March 15, 2026, this deal brings the fourth investor to the KenGen Green Energy Park in Olkaria, Naivasha, solidifying the site's role as a hub for green manufacturing and energy-intensive industries. KenGen, Kenya's leading electricity producer, has positioned the Green Energy Park as a special economic zone (SEZ) leveraging the country's abundant geothermal resources. The park provides reliable, competitively priced clean energy, land, and water to attract investors focused on sustainable operations. This latest partnership involves Synergetic Development Group establishing an integrated logistics center for steel products combined with a steel fabrication plant. The investor will access 18 MW of geothermal power, 10 acres of ...