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Showing posts from March 5, 2023

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Plum IV and CTR’s Geothermal Critical Minerals Deal Takes Shape

Plum Acquisition Corp. IV and  Controlled Thermal Resources Outline a Large-Scale Geothermal and Critical Minerals Platform Plum Acquisition Corp. IV (“Plum IV”) and Controlled Thermal Resources Holdings Inc. (“CTR”) are moving toward a proposed business combination that would create a public company focused on one of the most ambitious geothermal and critical minerals developments in the United States. The combined entity is expected to trade on Nasdaq under the pro forma ticker CTRH, reflecting a platform built around clean baseload power, lithium recovery, and broader critical minerals production. The investor presentation dated August 2026 frames the transaction around CTR’s Hell’s Kitchen project in Imperial County, California, which is presented as a strategically positioned resource opportunity with energy, minerals, infrastructure, and permitting advantages.   At the center of the presentation is a clear message: this is not just a power project, and it is not j...

"EDF Extends Nuclear Power Plants Heysham 1 and Hartlepool until 2026, Boosting Energy Security and Reducing Carbon Emissions

EDF, the operator of Heysham 1 and Hartlepool nuclear power plants in the north of England, has just made a game-changing announcement. Brace yourself, because these two power units will now continue to operate until 2026, two years longer than previously planned! Heysham 1 (Image: EDF) The decision comes after a rigorous review by EDF, prompted by the impact of the Russian war with Ukraine and energy price rises. Positive inspections of the graphite reactor cores during 2022 have increased confidence that the stations can generate for longer and continue to meet stringent regulatory standards. But wait, there's more! The 29TWh of electricity these stations could generate over the two-year period could help to displace 6 billion cubic metres of gas, in carbon emission terms "like taking 5 million cars off the UK’s roads for a year". Not only does this help the UK reduce its use of imported gas, but it's also great news for the 2000 skilled people whose jobs are suppor...

"Fervo Energy's innovative geothermal technology could act as a flexible and long-lasting battery, revolutionizing clean energy production"

Fervo Energy, a geothermal power start-up based in Houston, is testing a new spin on traditional geothermal plants. The start-up's experiments suggest that it can create flexible geothermal power plants, which are capable of producing electricity that can be ramped up or down as required.   Fervo’s enhanced geothermal demonstration site in northern Nevada ALASTAIR WIPER/COURTESY OF FERVO ENERGY Additionally, the system can store up energy for hours or days, essentially acting as a giant and long-lasting battery. This means that the plants could shut down production when solar and wind farms are generating power and provide a rich stream of clean electricity when those sources flag. Fervo's approach could potentially fill a critical gap in modern power grids, making it cheaper and easier to eliminate greenhouse-gas emissions from electricity systems. The results from the initial experiments—which MIT Technology Review is reporting exclusively—suggest Fervo can create flexible ge...

"Drill, Baby, Drill: Western States Look to Geothermal Energy as Key to Clean Power Goals"

Geothermal energy is gaining popularity in the Western United States as a means of achieving renewable energy goals. Instead of drilling for oil, states like Colorado are drilling for underground heat to power geothermal electricity plants. Colorado Governor Jared Polis, who chairs the Western Governors’ Association, is leading an initiative to increase the use of geothermal energy in the region. A recent workshop brought together state and federal officials, industry leaders, and utility representatives to discuss the future of geothermal energy. (image source: unsplash.com,Sam Bark) Backers of geothermal energy believe it can play a vital role in the clean energy transition, but only with government investments, utility regulations, and other policies that encourage development and help the industry become more cost-competitive over time. The majority of the industry’s potential for power generation is in Western states, where underground permeable rock with fractures contains hot fl...

"From Power Plants to Homes: The Fascinating Process of Electricity Transmission"

Electricity is a fundamental part of our daily lives, powering everything from the devices we use to the lights in our homes. But have you ever stopped to think about how electricity is transmitted?  image source(unsplash.com) The process of transmitting electricity from power plants to our homes is a complex and fascinating one, involving a variety of technologies and techniques. In this article, we'll take a closer look at how electricity is transmitted. Generation The first step in transmitting electricity is generating it. Most of the electricity we use is generated by power plants, which convert some form of energy into electrical energy. There are many different types of power plants, including fossil fuel plants, nuclear plants, hydroelectric plants, and renewable energy plants. Each type of plant generates electricity in a slightly different way, but the end result is the same: electrical energy is produced. Transforming Voltage Once electricity is generated, it is typicall...

Popular posts from this blog

Dynelectro, Syntholene, and the Geothermal SOEC Breakthrough in Iceland

Dynelectro, Syntholene, and the Geothermal SOEC Breakthrough in Iceland Dynelectro’s role in the Syntholene Iceland project highlights a major shift in how the market should think about SOEC technology. For years, solid oxide electrolysis cells have been seen as highly efficient but too difficult to commercialize because of stack degradation, short operating life, and the complexity of integrating them into real industrial systems. This project helps challenge that view by showing how geothermal integration, advanced power electronics, and system-level design can make SOEC a credible industrial solution.   The most important takeaway is simple: the market has often misunderstood SOEC as a technology limited by chemistry alone, when in fact a large part of the challenge is operational. Dynelectro’s approach shows that if the stack is controlled properly and supported by the right electrical architecture, SOEC can move much closer to commercial viability. The Syntholene Iceland ...

Global Geothermal Insights: An Exclusive Interview with Drilling Engineer Sam Abraham

Global Geothermal Insights: Interview with Sam Abraham the Geothermal Global Technical Advisor at  Halliburton This interview was done by  Robert Buluma on 5th of November 7:30 Am EST At   Alphaxioms , we are committed to uncovering the deeper truths behind geothermal energy , the drilling, the risks, the innovations, and the frontiers. Today we welcome Sam Abraham , a veteran drilling engineer whose global geothermal experience spans more than 25 years. From oil & gas beginnings to geothermal hotspots around the world, Sam shares his journey, insights, and advice for the next generation. Career Journey & Background Sam, could you tell us about your career path and what led you into geothermal drilling? I have a background in oil and gas — seven years since 1991. I served as a base manager in Jakarta for three years, and also worked a little in geothermal alongside oil & gas. In 2005 I moved to New Zealand, given its vast geothermal resources. Fro...

PT Geo Dipa Energi Launches Strategic Minor Overhaul Tender for Dieng Unit 1 to Strengthen Geothermal Reliability

PT Geo Dipa Energi Opens Tender for Minor Overhaul of Dieng Unit 1 in 2026 Image: Indonesian Geothermal power plant PT Geo Dipa Energi (Persero) has opened a tender for the minor overhaul of the Dieng Geothermal Power Plant Unit 1 in 2026, signaling a continued focus on preserving the reliability of one of Indonesia’s most important geothermal assets. The procurement is aimed at selecting a qualified contractor with proven experience in turbine and generator maintenance for thermal power plants, underscoring the technical complexity and operational importance of the work. The tender, identified as RKS-004-PST/GDE/I/2026, uses a post-qualification bidding method and applies strict administrative, technical, and safety requirements. The schedule places document registration and collection between 26 and 28 January 2026, followed by a mandatory RKS explanation session and field visit on 29 January 2026. Procurement Scope and Process The procurement procedure requires prospective bidders...

Philippines Geothermal Drilling: Rufino "Dong" Cotanda Jr. on PGPC, EDC, ThermaPrime, and the Future of Geothermal Energy

Alphaxioms Exclusive: Inside the Philippines' Geothermal Drilling Success Story , A Conversation with Rufino "Dong" Cotanda Jr. Image : Rufino "Dong" Cotanda Jr The Philippines is the world's third-largest producer of geothermal electricity, with more than 2 GW of installed capacity. Behind this achievement is decades of technical expertise, sustained government support, and some of the world's most experienced geothermal drilling professionals. One of those professionals is Rufino "Dong" Cotanda Jr., a drilling veteran with over 45 years of experience in both oil & gas and geothermal operations. Having worked with Saudi Aramco , Desco , Unocal, Chevron , and now the Philippine Geothermal Production Company (PGPC), Dong has helped shape drilling programs across multiple continents. In this exclusive interview with Alphaxioms, he discusses the evolution of geothermal drilling in the Philippines, the technologies improving well performance,...

Exclusive Interview: An In-Depth Look at Exergy’s Game-Changing Gemini Turbine

Exclusive interview with Exergy : discover the new Gemini dual-flow radial outflow turbine, the first single-unit ORC solution for 30–60 MW geothermal projects, offering up to 30 % lower costs and 99 % availability. By:  Robert Buluma .   An interview with  Luca Pozzoni -  Deputy CEO | Group CFO - Exergy International and the Exergy Team 1. Can you walk us through the key design innovations in your new Gemini turbine and how it differs from previous models? The major innovation of the Gemini turbine lies in the dual-flow configuration: unlike conventional radial outflow turbines which are equipped with a single bladed overhung rotor disk, the Gemini features a double-side bladed rotor disk mounted in a between-bearing configuration. This enables the efficient processing of significantly larger volumes of fluid, leading to higher power output having basically two radial outflow turbines in a single machine with enhanced operational stability and simplified mainte...

INTERVIEW, Geretsried and Beyond: Eavor’s Blueprint for Reliable, Sustainable Energy

Robert Buluma :  Alphaxioms Responses were provided by Jeanine Vany, Executive Vice-President of Corporate Affairs, Eavor . Can you explain the key technological advancements in the latest iteration of the Eavor-Loop™ system? We have made a number of technological advancements at our project in Geretsried Germany . This includes innovation and learning resulting in dramatic improvements in our drilling performance and we’re proud to talk about our technology. For example, Eavor recently announced successful implementation of our in-house AMR (active magnetic ranging) tool which makes drilling more accurate and efficient. Eavor-Link™ AMR uses magnetic ranging while drilling to maintain constant alignment as it drills two wells at approximately 100 metres apart before they are intersected to create a continuous geothermal loop, which is then sealed with Eavor’s proprietary Rock-Pipe™ formula. With real-time data transmission between downhole sensors, the technology ensures tighter bo...

🔥 Krafla Magma Testbed: Drilling Into the Earth’s Fiery Heart

Krafla Magma Testbed (KMT) : Humanity’s Bold Leap Into the Heart of the Earth Interview  from Bjorn Gudmundsson the C.E.O-Krafla Magma Testbed and Team By:  Robert Buluma In 2009, deep beneath Iceland’s iconic Krafla volcano, a drilling team made history. During the IDDP-1 project, their drill bit pierced into magma molten rock at just two kilometers below the surface. What began as an accident became a scientific revelation. For the first time, humans had safely accessed magma. This “Eureka” moment gave birth to an idea so daring it almost sounds like science fiction: the creation of a permanent observatory where magma could be directly studied. That idea became the  Krafla Magma Testbed (KMT) a visionary international project that promises to rewrite the future of geothermal science, volcanic monitoring, and sustainable energy. Why Krafla? The Perfect Laboratory Beneath Our Feet Krafla’s  geology is unique. It offers a known shallow magma body, decades of research...

EGS, Superhot Rock & AI: Geothermal Expert Cary Lindsey on the Industry's Next 20 Years

“Inside the Next Wave of Geothermal Innovation: Opportunities, Risks, and Global Impact” By:  Robert Buluma An indepth interview with Cary Lindsey, PhD Research Scientist Great Basin Center for Geothermal Energy, Nevada Bureau of Mines and Geology, University of Nevada Reno  1. Enhanced Geothermal Systems (EGS) are often described as geothermal's "breakout technology." From a geological standpoint, what are the biggest unresolved uncertainties preventing large-scale commercial deployment ? The progress we've seen in EGS over the last few years has been incredible. For a long time, geothermal was largely limited to places where nature had already done the hard work for us by creating hot, permeable reservoirs. EGS opens the door to developing geothermal resources in places that were previously off the table. That said, there are still some big questions we need to answer. Can we maintain those engineered reservoirs for decades? How much liquid (water or brine) will the...

Driving the UK Toward Net Zero: Chris Sladen on Geothermal’s Untapped Potential

Alphaxioms, we talked to Chris Sladen about his involvement in geothermal both in the UK, and globally By:  Robert Buluma Chris, please begin by explaining a little about yourself, and why you have a passion for geothermal? I have spent over 45 years involved in energy. Following undergraduate studies in geology at Southampton University, and a PhD in sedimentology at Reading University, I joined the energy sector in Aberdeen in 1980. It was a fascinating era when it seemed like at least one giant oil & gas field was discovered offshore every month; the wealth creation for the UK was gigantic. I got to see so much geology and rocks - my true passion. I moved to China in late 1983; not today’s China, this was over 40 years ago, a country closed for decades and embarking on an open-door policy, in part to bring both investment and technology. I became very interested in energy trends, energy politics, and new geography created by changing politics leading to opportunities for ene...

Inside the Geothermal Startup Mind: The Strategy, Funding & Sacrifices Behind Teverra’s Growth

Inside a Geothermal Startup’s Mind: Strategy, Funding, Ethics, and the Brutal Race to Commercialize This interview was done by Robert Buluma on behalf of Alphaxioms  Image:  The Interviewee, Dr.  Hamed Soroush is the Founder and President at Teverra  There’s a certain kind of silence that exists inside fast-growing startups. Not the quiet of peace, but the quiet of pressure . It’s the silence of teams racing to commercialize before competitors arrive. The silence of founders balancing mission and survival. The silence of a clean energy industry that desperately needs success stories… but is still learning how to measure them. In this one-on-one interview, we explore what it really takes to build a geothermal-driven clean energy company in today’s market, from strategic decisions and funding discipline to leadership, ethics, and the painful sacrifices behind growth. 1)  Vision & Strategy: “Speed Is Everything” Q:   Teverra  has grown rapidly, but co...