Exploration Risk: The Billion-Dollar Gamble Beneath Our Feet By: Robert Buluma Image credit: Kane Watikson on LinkedIn Geothermal energy is often described as the sleeping giant of the clean energy transition constant, weather-independent, capable of delivering 24/7 baseload power without the intermittency that defines solar and wind. Yet despite this extraordinary promise, geothermal remains underdeveloped in most parts of the world. The reason is not lack of heat. It is not lack of demand. It is not even lack of technology and not even FINANCE , Whilst many will throw that policy card, but Alphaxioms is already future proofing that . The real barrier lies several kilometers beneath our feet in uncertainty. Exploration risk is the defining challenge of geothermal energy. Unlike wind turbines that can measure wind speeds before construction, or solar farms that can predict output from sunlight data, geothermal developers must make multimillion-d...
In a landmark diplomatic moment that signals brighter prospects for Africa's clean energy future, H.E. Mahmoud Ali Youssouf, Chairperson of the African Union Commission, formally received the Letters of Credentials from H.E. Ms. Olivia Owen, the newly appointed Ambassador of New Zealand to Ethiopia and the African Union, on February 4, 2026. This ceremony marks not just the beginning of a new ambassadorial tenure but a renewed surge of momentum in one of the most promising renewable energy partnerships on the continent: the AU–New Zealand geothermal cooperation. Amid Africa's urgent push to harness its vast geothermal resources—particularly along the East African Rift System—New Zealand's world-renowned expertise in geothermal development stands as a beacon of hope for sustainable, reliable, and affordable power. New Zealand, a global leader in geothermal energy, draws nearly 20% of its electricity from the Earth's natural heat. Its pioneering approaches to exploration...