ALPHAXIOMS Geothermal News & Energy Research

BLM’s Nevada Geothermal Lease Auction Signals Rising Competition for Federal Energy Land The Bureau of Land Management’s latest geothermal lease sale in Nevada attracted nearly $4.83 million in total receipts, highlighting growing investor interest in geothermal resources as electricity demand rises . The auction also exposed an increasingly important land-use conflict: several geothermal parcels overlap with proposed utility-scale solar projects, including NextEra Energy’s 1,000-megawatt Sawtooth Energy Center. The October 20, 2026, sale offered 83 parcels covering approximately 265,155 acres across 10 Nevada counties. Bidders placed offers on 60 parcels covering 186,641 acres, while 23 parcels received no bids. The results provide a new measure of competition for federal geothermal acreage in one of the United States’ most important geothermal states. Auction Results The Nevada auction attracted 32 registered bidders, of which 18 submitted at least one bid. Across the sale, bidders s...

Endurance Energy Tests the World's First Subsea Geothermal Well: What the Axial Seamount Demonstration Really Proved What if geothermal energy did not need a power plant on land? What if electricity could be produced directly from the Earth's heat beneath the ocean, with generators sitting on the seafloor and sending power to coastal grids? On October 19, 2026, Seattle-based startup Endurance Energy announced a major step toward that idea. The company said it had drilled and completed the world's first subsea geothermal well and placed a 3-ton test power plant nearly a mile beneath the Pacific. It also reported net-positive electricity from heat at an active underwater volcano, according to its announcement on PR Newswire. The headline numbers are modest. The Adélie prototype produced more electricity than it used for about 8.7 seconds. During that time it delivered a median net output of about 2 kilowatts and a peak of 16.5 kilowatts. One detail matters more than any other...

KenGen Risks Losing Olkaria Wells Over 18-Year Licence Blunder Kenya Electricity Generating Company (KenGen) faces a serious legal and operational risk at Olkaria after an error in the coordinates of its geothermal licence left part of the company’s wells, steam infrastructure and other assets outside its legally recognised area. The licensing mistake, made nearly two decades ago, remains unresolved despite the Ministry of Energy and Petroleum acknowledging the problem in 2017.  The dispute has raised questions about the security of KenGen’s investments, the government’s management of geothermal resources and the potential consequences for Kenya’s electricity supply. Olkaria is the country’s most important geothermal centre and accounts for the overwhelming majority of Kenya’s installed geothermal generation capacity.  Licence Error Exposes Strategic Assets The problem dates back to September 19, 2008, when the Ministry of Energy and Petroleum issued KenGen a licence covering ...

Lithium Harvest’s Alberta Geothermal Project Could Combine Renewable Power and Domestic Lithium Production Lithium Harvest Holding A/S has signed a letter of intent with an unnamed geothermal development partner to establish a joint venture for an integrated geothermal power and lithium production facility in Alberta, Canada. At full nameplate capacity, the proposed project is expected to produce approximately 28,500 tonnes of lithium carbonate annually while generating 0.67 TWh of renewable electricity each year. The development would use a single geothermal resource to supply both baseload power and lithium-bearing brine for direct lithium extraction and refining.  A Dual-Output Geothermal Development The proposed Alberta facility reflects a growing effort to extract more value from geothermal resources than electricity generation alone. Traditional geothermal power projects produce electricity by bringing hot underground fluids to the surface. Depending on resource temperature a...