New Mexico Unanimously Pass A Bill Which Will Boost Geothermal Energy

Unleashing the Earth's Power: New Mexico's Leap into Geothermal Energy

In a groundbreaking move towards a greener future, New Mexico has emerged as a beacon of environmental stewardship with the recent passage of House Bill 91. This legislation, part of a trio of bills unanimously approved by the state Senate, signifies a pivotal step towards harnessing the Earth's vast geothermal resources.

At the heart of this initiative lies a commitment to tapping into the Earth's subsurface heat, unlocking a wealth of opportunities for clean energy generation, hot water provision, and innovative heating and cooling solutions. With an allocation of $2.5 million towards geothermal energy projects, New Mexico is poised to become a trailblazer in sustainable energy innovation.

Behind the scenes, passionate advocates like Senator Jerry Ortiz y Pino have tirelessly championed the cause of geothermal energy, recognizing its potential to combat carbon emissions and bolster energy security. Senator Martin Heinrich has also thrown his weight behind the movement, citing the groundbreaking achievements of companies like Eavor as evidence of New Mexico's natural suitability for pioneering geothermal technologies.

Eavor , with its revolutionary Eavor -Deep™ project, stands as a testament to the immense promise of geothermal energy. CEO John Redfern envisions a future where geothermal power becomes economically viable on a large scale, paving the way for a cleaner, more sustainable energy landscape.

The passage of House Bill 91 is not just a victory for New Mexico; it's a triumph for the entire nation. With ambitious goals set for the future, geothermal energy has the potential to revolutionize power grids across the country, creating thousands of jobs and paving the way for a cleaner, brighter tomorrow.

As we look ahead, let us celebrate New Mexico's bold leap into the realm of geothermal energy and embrace the boundless possibilities it holds for generations to come. With visionary leadership and unwavering commitment, we can harness the Earth's power and chart a course towards a truly sustainable future.

Geothermal recently has been receiving immence attention With Exxon hinting to invest in this resource in a bid to mitigate climate change With a number of policies being crafted to make it an easier resource to invest in , Its No brainer that Geothermal is well poised in reaching Its Full Potential if this research from US Department of Energy is placed in full consideration

Source :Eavor

Connect With Us:Alphaxioms

Comments

Pertamina Geothermal Energy,GDC and AGIL to develop 200 MW Suswa ,Narok Geothermal Field

Pertamina Geothermal Energy, GDC, and AGIL Agree to Accelerate Development of 2 Geothermal Fields in Kenya By: Robert Buluma Nairobi, Kenya, March 8, 2024 – PT Pertamina Geothermal Energy Tbk (PGE) has reached an agreement with Kenya's geothermal development companies, Geothermal Development Company Ltd. (GDC), and Africa Geothermal International Ltd. (AGIL), to expedite the development of geothermal fields in the African nation. Exploration of two geothermal fields in Kenya, developed by PGE along with its partners, is expected to commence in 2024. In high-level discussions held at GDC's headquarters in Nairobi on Wednesday (3/6/2024), PGE and GDC discussed the support from the Kenyan government in accelerating the geothermal field development project in Suswa, a volcanic area located in Narok, Kenya. GDC is a government-owned geothermal developer in Kenya. The PGE delegation, led by President Director Julfi Hadi and accompanied by PGE's Director of Exploration and Develop

Polands Geothermal Wells hits 5km depth Eyeing a 7Km Threshold

Geothermal Milestone Reached: Banska PGP-4 Well in Szaflary, Poland Hits 5-Kilometer Depth By : Robert Buluma In a significant development for geothermal energy enthusiasts, drilling operations at the Banska PGP-4 well in Szaflary, Poland have reached a depth of 5 kilometers, marking a major milestone in the project's progress towards its 7-kilometer target. Since its inception, the ambitious geothermal drilling project in Szaflary has been making steady strides. As of the end of 2023, the well has successfully reached a depth of 5000 meters, uncovering promising results along the way. Notably, the well has tapped into a sizable reservoir boasting temperatures of 120 °C. The drilling will persist until it reaches the targeted depth of 7000 meters, where another aquifer is anticipated. The entire drilling endeavor is slated for completion within the first quarter of 2024. Initiated in 2019, the plans to drill a 7-kilometer geothermal well in Podhale, Szaflary aimed at gathering cruc

Eavor Goes Deeper in Geretesried In Search For Geothermal

Revolutionizing Energy Production: The Birth of Eavor Technology in Geretesried By: Robert Buluma In the picturesque town of Geretesried, nestled in the heart of Germany, a groundbreaking project is underway that promises to reshape the future of energy production as we know it. Welcome to the world of Eavor Technology – where innovation meets sustainability in a bid to tackle the pressing challenges of climate change and energy security. Imagine a technology that harnesses the Earth's natural heat to generate both electricity and warmth without emitting harmful greenhouse gases. Sounds like science fiction? Well, it's not. Thanks to the relentless efforts of visionaries and engineers, the world's first Eavor loop for heat and electricity is currently under construction right here in Geretesried. At the forefront of this remarkable endeavor is the ambitious drilling project that has reached an astonishing depth of 7000 meters beneath the Earth's surface. Achieving such

"Neuruppin's Geothermal Energy Project: Daldrup & Söhne Set to Drill for Sustainable District Heating"

The drilling for the project in Neuruppin will be carried out by Daldrup & Söhne, a specialist in drilling technology and geothermal solutions based in Unterhaching. According to Daldrup & Söhne, the project's volume is approximately five million euros. The companies anticipate a temperature of around 70°C at the depth of the drilling. To feed this energy into the district heating network, high-temperature heat pumps will elevate it to the desired level. The aim is for the municipal utilities to generate a heat quantity of 76 GWh per year, equivalent to supplying approximately 3,000 average four-person households. The geothermal drilling in Neuruppin is scheduled to commence in the second quarter of 2024, as reported by Daldrup & Söhne. The Neuruppin municipal utilities were the first to receive approval for the investment grant from the Federal Funding for Efficient Heating Networks. Neuruppin is one of the few cities in the northern half of the country that has been u

Alphaxioms Geothermal News and Related Research Globally

Search This Blog