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Geothermal Energy Costs: Why Drilling Discipline Decides Bankable Megawatts

By Robert Buluma Alphaxioms
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...
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Cornish Lithium Awards Halliburton Contract for Geothermal Lithium Project Development

By Robert Buluma Alphaxioms
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GEL Technical Grade Lithium Milestone Boosts UK Geothermal Supply

By Robert Buluma Alphaxioms
GEL’s Technical-Grade Lithium Milestone Could Reshape UK Critical Minerals Supply Geothermal Engineering Ltd’s latest announcement is an important step for the UK’s lithium ambitions. The company says lithium carbonate produced from deep geothermal brine at United Downs now meets the 99.3% purity threshold for technical-grade material, which means it can be sold directly to battery supply chains without further refining.   Why this milestone matters This is significant because it moves geothermal lithium closer to commercial relevance, not just technical proof. A material that already meets market specification is much easier to integrate into downstream battery and industrial supply chains. It also strengthens the case that geothermal brines can support both clean power generation and critical minerals production from the same asset base.   For the UK, the timing is especially relevant. The government has set a target of meeting 10% of domestic critical mineral de...
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Saudi Arabia AI Data Centers Adopt Strataphy PrimeLoop Cooling Technology

By Robert Buluma Alphaxioms
Strataphy Partners With HUMAIN to Deploy PrimeLoop Cooling Across Saudi Arabia’s AI Data Centers Saudi Arabia is moving rapidly to establish itself as a global artificial intelligence and data-center powerhouse, and one of the most important challenges facing that ambition is not simply how much computing capacity can be installed, but how efficiently that computing capacity can be cooled. At LEAP 2026, Strataphy announced a partnership with HUMAIN to deploy its PrimeLoop® cooling technology across HUMAIN’s data-center infrastructure in the Kingdom of Saudi Arabia. According to the announcement, the engagement represents the first deployment of its kind for PrimeLoop® in Saudi Arabia and is designed to address one of the fundamental constraints of large-scale AI infrastructure: thermal management. The partnership comes as HUMAIN works toward a target of approximately 6 GW of AI compute. At that scale, cooling becomes a strategic infrastructure issue rather than a conventional dat...
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COWI and Sinotech Advance Taiwan’s Super-Hot Geothermal Potential

By Robert Buluma Alphaxioms
COWI and Sinotech Team Up on Taiwan’s Super-Hot Geothermal Potential Taiwan’s geothermal story is moving from possibility to execution, and the COWI-Sinotech collaboration is a sign that the sector is entering a more serious phase of development. The partnership is focused on unlocking super-hot geothermal resources, which could improve project economics and expand the country’s clean-energy options. Introduction Geothermal has long been one of Taiwan’s most intriguing renewable resources because the island sits on active tectonic terrain with strong heat potential. What has held the sector back is not a lack of heat, but the difficulty of converting that heat into bankable projects at scale. The new collaboration between COWI and Sinotech points to a more technical, internationally connected approach to solving that problem. Why Taiwan Matters Taiwan has ambitious decarbonization goals, and geothermal fits neatly into the need for firm, low-carbon power. Unlike solar and wind, geot...
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Quaise Energy’s Project Obsidian in Oregon: The World’s First Commercial Superhot Geothermal Plant

By Robert Buluma Alphaxioms
The New Energy Frontier: Quaise Energy’s Superhot Geothermal Gambit in Oregon By Alphaxioms Editorial Team | September 4, 2026 In the high desert of Central Oregon, a project with implications far beyond Deschutes County is taking shape. Quaise Energy, now backed by a total of $280 million in funding, is advancing Project Obsidian, which it describes as the world’s first commercial superhot geothermal power plant . The company says the first phase is designed to deliver 50 MW by 2030, with a pathway toward 250 MW and ultimately more than 1 GW . Before the first megawatt reaches the grid, however, the project faces a local policy test: whether Deschutes County should grant a five-year property tax abatement under Oregon’s Rural Renewable Energy Development Zone Program. That decision is more than a routine incentive request. It is a referendum on how rural counties choose to support next-generation energy infrastructure and whether older incentive frameworks can accommodate a technolog...
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DOE Launches Geothermal Center of Excellence to Accelerate U.S. Deployment

By Robert Buluma Alphaxioms
DOE launches Geothermal Center of Excellence to push U.S. geothermal toward gigawatt scale The U.S. Department of Energy has launched a new Geothermal Center of Excellence in Golden, Colorado, with a clear mandate: connect industry with the national labs, accelerate geothermal innovation, and help move the technology toward gigawatt-scale deployment. The center is part of DOE’s effort to position geothermal as a more competitive source of reliable baseload electricity in the United States.  The announcement matters because it comes at a time when geothermal is gaining fresh attention from policymakers, developers, and power buyers, especially as data centers and industrial users look for firm clean electricity. DOE says the U.S. already leads the world in geothermal electricity capacity at just over 4 GW, but that current output represents only a fraction of the country’s technical potential. [1] Why DOE created it DOE says the new center is designed to become industry’s main en...
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BLM Utah 2026 Geothermal Lease Sale Opens New Energy Opportunities

By Robert Buluma Alphaxioms
BLM Utah 2026 Geothermal Lease Sale: What It Means for U.S. Geothermal Development The Bureau of Land Management’s Utah 2026 Geothermal Lease Sale is a significant signal for the next phase of U.S. geothermal development. As federal agencies continue to prioritize renewable energy on public lands, this project highlights both the practical mechanics of geothermal leasing and the broader policy direction supporting domestic clean energy expansion. For developers, investors, land managers, and energy analysts, the sale offers an important case study in how geothermal projects move from planning into commercial opportunity. Geothermal energy has long been one of the most promising yet underutilized renewable resources in the United States. Unlike solar and wind, geothermal can provide steady baseload power regardless of weather or time of day. That makes it especially valuable in power systems that need reliability, grid stability, and long-duration decarbonization. A lease sale like the ...
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Ireland’s Deep Heat: Surveying Geothermal Potential Beneath Dublin

By Robert Buluma Alphaxioms
Dublin’s seismic survey will map deep underground geology to assess geothermal potential, reduce uncertainty, and support future clean, local energy development Dublin is about to become a live laboratory for one of the clean energy questions of the decade: can the heat stored deep beneath the city help warm homes, offices, schools, and hospitals? The answer is not known yet, but the Dublin Seismic Survey is designed to find out by mapping the geology 2 to 3 kilometres underground with a safe, non-invasive method that has already been used successfully in other European cities . A city listening underground At street level, the survey may look deceptively simple: a specialist truck pauses at intervals, presses a vibration plate to the road, and sends controlled energy into the ground. That energy bounces off different rock layers and structures, then returns to sensors along the route, where it is recorded and processed into images of the subsurface . The process is built around precis...
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Geothermal Energy Costs: Why Drilling Discipline Decides Bankable Megawatts

By Robert Buluma Alphaxioms
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...
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Mijnwater Starts Terhoevenderweg Drilling for New 634-Meter Heat Source in Heerlen

By Robert Buluma Alphaxioms
Mijnwater starts drilling for new heat source on Terhoevenderweg in Heerlen New source expands Parkstad’s district heating and cooling network Mijnwater has started drilling work for a new heat source at Terhoevenderweg in Heerlen, marking another important step in the expansion of its sustainable heating and cooling network in Parkstad. After a period of preparation, work began this week and is expected to continue for three to four weeks. Because the operation must be completed safely and efficiently, the drilling is taking place 24 hours a day, seven days a week. The project is part of Mijnwater’s broader effort to strengthen a low-carbon energy system for the region. The new source will tap warm groundwater in a former mine passage deep underground and feed that energy into the company’s network. For Heerlen and the surrounding area, this means further development of a district energy system that draws value from the region’s mining past while supporting a more sustainable energy ...
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