Skip to main content

Just In

Eavor Demobilizes Rigs in Geretsried: What It Means for Closed-Loop Geothermal Investors, Heat Markets, and Project Risk

Eavor Demobilizes Rigs from Geretsried: What It Really Means for Closed-Loop Geothermal For three years, two drilling rigs on a farm estate near Geretsried, a Bavarian town about 40 km south of Munich, stood as the symbol of the world's most ambitious closed-loop geothermal experiment. Now in October 2026,  Eavor Technologies, the Calgary-based developer of the Eavor-Loop, has told the town and its heating utility that both rigs would leave the site . The company said keeping idle rigs and specialist services on site was costly, and that releasing them would help put the project in the strongest position to continue with Loop 2 once its commercial structure is reworked . On the surface, this is a logistics decision. Underneath, it is one of the clearest signals yet about where first-of-a-kind geothermal technology stands, and how hard it is to turn a technical proof into a bankable business. This article explains exactly what happened, what the move means and what it does not mean...

Sage and SMECI Partner For 3MW Geothermal Storage Facility

Sage Geosystems Inc. and San Miguel Electric Cooperative: A Revolutionary Partnership in Geothermal Energy Storage

By:Robert Buluma

In a groundbreaking move that could redefine the future of sustainable energy, Sage Geosystems Inc. has announced its partnership with San Miguel Electric Cooperative, Inc. (SMECI) to build the world’s first Geopressured Geothermal System (GGS) in Christine, Texas. This 3MW EarthStore™ energy storage facility is poised to make history as it becomes the first of its kind to supply geothermal energy storage to the ERCOT grid, marking a significant advancement in the quest for reliable, renewable energy.

A New Era of Energy Storage

The significance of this project cannot be overstated. As renewable energy sources like wind and solar continue to expand, the need for dependable, long-duration energy storage solutions becomes increasingly urgent. Sage’s EarthStore™ technology answers this call, offering a revolutionary system that taps into the earth’s natural capacity for energy storage. This is more than just an energy storage facility—it's a beacon of hope for a future where energy is both sustainable and dependable.

What sets Sage’s EarthStore™ apart is its ability to store potential energy deep within the earth, ensuring a steady and reliable supply of electricity to the grid, regardless of weather conditions. Unlike traditional storage systems that rely on lithium-ion batteries, EarthStore™ offers long-duration storage with targeted durations of 6 to 10 hours and a round-trip efficiency of 70-75%. This system is designed to work in harmony with wind and solar power, providing a stable and dispatchable energy source that could revolutionize how we think about renewable energy.

The Power of Partnership

The collaboration between Sage Geosystems and San Miguel Electric Cooperative is a testament to the power of innovative partnerships in driving the energy transition forward. Craig Courter, CEO of SMECI, emphasized the importance of this project for the ERCOT utility grid, which increasingly relies on intermittent renewable energy sources. "We are excited to be part of this innovative project that showcases the potential of geothermal energy storage," Courter stated.

The strategic location of the EarthStore™ facility near SMECI’s lignite coal power plant in Christine, Texas, highlights the potential for geothermal energy to complement existing energy infrastructure, paving the way for a more resilient and sustainable energy future.

A Glimpse into the Future

As Sage Geosystems prepares to launch the EarthStore™ facility later this year, the energy industry watches with bated breath. This project is not just about energy storage; it’s about demonstrating the untapped potential of geothermal energy as a viable and scalable solution for long-duration energy storage.

With plans to apply for additional drilling permits in Texas, including one in Atascosa County for the EarthStore™ facility and another in Starr County, Sage Geosystems is positioning itself as a leader in the geothermal energy sector. The company’s expertise, honed by over 150 combined years in the oil and gas industry, is now being channeled into pioneering sustainable energy solutions that could very well shape the future of global energy.

The Road Ahead

As the world shifts towards a cleaner energy landscape, the partnership between Sage Geosystems and San Miguel Electric Cooperative is a powerful reminder of the possibilities that lie ahead. The EarthStore™ facility in Christine, Texas, is more than just a project—it’s a symbol of innovation, resilience, and the relentless pursuit of a sustainable future.

Source:Sage Geosystems , BUSINESS wire

Connect With Us: Linkedin ,X




Advertise With Us to make Your brand reach a global Visibility by contacting +25701279086 or mail alphaxiomsgeothermal@gmail.com

On February we reported on how 

Comments

Popular posts from this blog

Ijen vs Zanskar: Blind Geothermal Energy Discovery and Development

Ijen’s Blind Geothermal System vs. Zanskar’s AI-Discovered Resources: Two Models for Finding Hidden Heat The geothermal industry is entering a new phase in which the most valuable resources may no longer be the fields marked by obvious hot springs, geysers, fumaroles, or steaming ground. Increasingly, developers are targeting “blind” or hidden geothermal systems,reservoirs that lack clear surface expressions but can still contain the temperature, permeability, and fluid needed for commercial power generation. Two examples illustrate how different parts of the industry are approaching this challenge. In Indonesia, the Blawan-Ijen geothermal field in East Java was developed through geological interpretation, magnetotelluric imaging, conceptual modelling, and drilling. The project is now operating commercially, with its first phase delivering approximately 35 MW to the Java grid under a 30-year power purchase agreement.  In the United States, Zanskar Geothermal & Minerals is using...

Eavor Demobilizes Rigs in Geretsried: What It Means for Closed-Loop Geothermal Investors, Heat Markets, and Project Risk

Eavor Demobilizes Rigs from Geretsried: What It Really Means for Closed-Loop Geothermal For three years, two drilling rigs on a farm estate near Geretsried, a Bavarian town about 40 km south of Munich, stood as the symbol of the world's most ambitious closed-loop geothermal experiment. Now in October 2026,  Eavor Technologies, the Calgary-based developer of the Eavor-Loop, has told the town and its heating utility that both rigs would leave the site . The company said keeping idle rigs and specialist services on site was costly, and that releasing them would help put the project in the strongest position to continue with Loop 2 once its commercial structure is reworked . On the surface, this is a logistics decision. Underneath, it is one of the clearest signals yet about where first-of-a-kind geothermal technology stands, and how hard it is to turn a technical proof into a bankable business. This article explains exactly what happened, what the move means and what it does not mean...

Vercana Electric Rig Advances Geothermal Brine Lithium Extraction Economics

Electric-Rig Direct Lithium Extraction From Geothermal Brine: The Economics of Vercana Versus Ormat Vulcan Energy Resources is pursuing an integrated model that combines geothermal drilling, direct lithium extraction, renewable electricity and industrial heat. Through its Vercana subsidiary, the company is also using electric drilling equipment designed to support the development of its Lionheart project in Germany’s Upper Rhine Valley. The approach differs from the conventional geothermal model represented by Ormat Technologies, whose core business remains geothermal power generation, equipment, project development and energy storage rather than commercial lithium recovery from geothermal brine.  The economic question is broader than whether an electric drilling rig costs less to operate than a diesel rig. The more important issue is whether electric drilling, geothermal energy and direct lithium extraction can create a more valuable integrated project than a conventional geotherm...

IID Secures Major, Local Geothermal Agreement to Strengthen Reliability

IID Secures 86 MW of Geothermal Power in Major Salton Sea Agreement The Imperial Irrigation District has signed 10-year agreements with BHE Renewables, through its CalEnergy subsidiary, to secure 86 megawatts of around-the-clock geothermal power from two established projects in California’s Imperial Valley. The agreement will strengthen IID’s electricity reliability, support renewable-energy compliance and help meet growing demand across the Imperial and Coachella valleys. The new contracts cover 44 MW from the Salton Sea 4 geothermal project and 42 MW from the Leathers geothermal project. Deliveries are scheduled to begin on January 1, 2027, giving IID access to dependable renewable electricity during a period of rising summer demand and increasing pressure on power systems across the American West. The agreement represents an important step in IID’s long-term resource planning. It combines existing geothermal generation with additional capacity from the Yuma Cogeneration facility in ...

California Court Orders New Environmental Review for Imperial County Geothermal Lithium Project

California Appeals Court Orders New Environmental Review for Imperial County Geothermal–Lithium Project Image: California Salton Lake Sea Hell’s Kitchen geothermal and lithium extraction plan sent back for deeper water, air-quality and mitigation analysis under CEQA A California appeals court has ordered Imperial County to conduct a more rigorous environmental review of the proposed Hell’s Kitchen geothermal power plant and lithium extraction project near the Salton Sea. The Fourth District Court of Appeal found that the county’s original environmental impact report (EIR) did not adequately address long-term water availability, enforceable mitigation measures for water shortages, or potential air-quality impacts tied to the receding Salton Sea. The ruling partially reverses a lower court decision and remands the case to Imperial County Superior Court, requiring the county and project developer Controlled Thermal Resources to address the identified deficiencies before the project can m...

Maryland Geothermal Rebate Program 2026: Residential Heating and Cooling Incentives Drive Strong Demand

Maryland’s Geothermal Rebate Program  FY26 Geothermal Rebate Program is entering its final stretch with funding already oversubscribed, which is a strong sign that homeowner interest in geothermal heating and cooling is rising quickly in the state.  The program offers a $3,000 rebate for eligible new geothermal heating and cooling systems for Maryland residents in single-family detached homes and townhomes, but the application portal is now closed while the state works through the existing queue. That update matters because it shows how incentive programs can move from a policy idea into real household demand very quickly. A program with a $150,000 budget does not usually run out of room unless homeowners, contractors, and installers all see geothermal as a practical investment. In Maryland’s case, the fact that requests exceeded the full FY26 budget suggests the market is responding to both energy-cost concerns and long-term efficiency goals. What the program offers The Maryl...

Geothermal Projects In Africa, Countries Overview

 Geothermal Projects in Africa: Country-wise Overview By : Robert Buluma Africa is increasingly turning to geothermal energy as a sustainable solution to meet its growing electricity demands. With abundant geothermal resources spread across the continent, several countries have embarked on ambitious projects to harness this clean and renewable energy source. Let's delve into the geothermal projects in various African countries, highlighting key players and prospects. Algeria Algeria is exploring its geothermal potential, particularly in the northern regions. Although in the early stages, initiatives are underway to assess feasibility and potential locations for geothermal power plants.  Burundi Burundi has shown interest in developing its geothermal resources, primarily in the northwest region near Lake Tanganyika. The government is actively seeking partnerships with international firms to kickstart exploration and development efforts. Comoros The Comoros Islands are situated ...

Endurance Energy Tests World's First Subsea Geothermal Well at Axial Seamount

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...

"US Geothermal Tax Credits 2026: What the IRA/45Q Changes Mean for Developers"

US Geothermal Tax Credits in 2026: What Is Actually Still Alive After OBBBA For an industry that spent more than a decade building financial models around a stable federal incentive structure, 2026 has been a year of whiplash. The 30% federal geothermal tax credit that developers and homeowners built forecasts around is gone in one form and still alive in another, and even the IRS’s own public guidance has been confusing enough to trigger uncertainty across the market. That confusion is not a minor clerical issue. It is shaping investment decisions, contractor sales pitches, homeowner timelines, and project finance assumptions right now. If you work in geothermal, the key question is no longer whether federal incentives exist, but which incentive applies, to which project type, and under what ownership structure. The law that changed the timeline To understand where things stand in 2026, you have to start with the Inflation Reduction Act of 2022, which created a long runway for clean e...

KenGen Risks Losing Olkaria Geothermal Wells Over Licence Error

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 ...