Geothermal Isn't Expensive: The Reservoir Always Has the Final Say Somewhere beneath a volcanic ridge, a drill bit is turning through rock that has not moved in two million years. It costs money every second it turns. And nobody on the surface — not the engineer, not the financier, not the minister who announced the megawatts — knows yet whether that well will produce steam or silence. That single moment explains almost everything people get wrong about geothermal energy. Geothermal is routinely described as expensive, slow, capital-hungry and haunted by drilling risk. Investors are reminded that tens of millions can disappear underground before a single megawatt reaches a grid. All of that is true. But it is not the whole truth. The uncomfortable question the industry keeps avoiding is this: is geothermal expensive, or is the way we develop geothermal making it expensive? Those are two completely different problems. One is geology. The other is us. Why Geothermal Refuses to Be...
"Revolutionizing the EV Landscape: United Downs Geothermal Project Paves the Way for UK's First Commercial Lithium Production" In a groundbreaking development, the United Downs geothermal project in Cornwall is poised to become the United Kingdom's pioneer in commercial lithium production for electric vehicle (EV) batteries. This significant discovery of high concentrations of lithium marks a pivotal moment in supporting the burgeoning electric car market within the country. As avid supporters of sustainable initiatives, we are thrilled to have played a role in funding the construction of the United Downs project. The anticipation surrounding the project's potential to meet the surging demand for lithium in the UK is palpable. This not only signifies a stride towards reducing our carbon footprint but also underscores the crucial role of domestic resources in powering the future of electric mobility. The United Downs geothermal project, primarily designed for har...