ALPHAXIOMS Geothermal News & Energy Research

Billionaire Geothermal Families Bet on Geothermal Billionaire families and private investment offices are placing increasingly large bets on geothermal energy, especially on technologies designed to make the resource available in more locations. Their investments are helping finance enhanced geothermal systems, advanced drilling, closed-loop designs, and other approaches that could transform geothermal from a regionally concentrated power source into a globally scalable clean-energy industry. The investment surge reflects a broader change in the energy market. Electricity demand is rising because of artificial intelligence, data centers, industrial electrification, electric vehicles, and the expansion of digital infrastructure. At the same time, utilities and large corporations need power that is reliable around the clock. Solar and wind remain essential to the clean-energy transition, but their output varies with weather and time of day. Geothermal could complement these technologies ...

Saint Lucia’s Geothermal Push Gains Steam as Exploration Moves Toward Drilling Saint Lucia’s long-running effort to develop geothermal energy is entering a more active phase, with exploration now advancing across several communities and preparations under way for civil works and drilling. The government is assessing whether heat beneath the island can support commercial electricity generation. If the resource proves viable, geothermal power could help reduce Saint Lucia’s exposure to imported fossil fuels, improve long-term energy security and make electricity costs more predictable for households and businesses. The latest progress was outlined by Physical Development and Public Utilities Minister Keithson Charles during his first pre-Cabinet press briefing since taking office. He said geothermal exploration was ongoing in the Saltibus, Fond St Jacques and Belle Plaine areas, describing the project as “quite advanced.” The project remains in the exploration stage. This means Saint Luc...

Jicarilla Apache Nation Launches $2.5 Million Geothermal Feasibility Study The Jicarilla Apache Nation in northern New Mexico has launched a major investigation into its geothermal energy potential after receiving a $2.5 million grant from the State of New Mexico. The funding will support a detailed feasibility study examining whether underground heat resources on tribal lands could be developed for electricity generation, direct heating, or other energy applications. The initiative represents an important step in the Nation’s efforts to understand and diversify its energy resources. Although the Jicarilla Apache Nation has not yet committed to building a geothermal facility, the study could provide the geological, technical, and economic information required for future investment decisions. The project is particularly significant because the Nation already has extensive experience with subsurface exploration through its oil and gas activities. Existing geological records, drilling inf...