Skip to main content

Just In

Grenada Advances Mount St. Catherine Geothermal Drilling Energy Expansion

Grenada’s Geothermal Gamble Enters Defining Phase at Mount St. Catherine By: Robert Buluma The Caribbean’s race toward clean, independent, and resilient energy has entered a defining chapter as Grenada pushes its geothermal ambitions into the most critical stage yet. Backed by international financing, advanced drilling technologies, and a growing regional determination to break free from imported fossil fuels, the island nation is now standing at the edge of a potentially transformative energy revolution. In a major announcement released by the Caribbean Development Bank, Grenada’s geothermal programme has officially advanced into an expanded exploratory drilling campaign at Mount St. Catherine — a move that could determine whether the country possesses commercially viable geothermal resources capable of powering its future. For Grenada, this is far more than an energy project. It is a national strategic mission tied directly to energy security, electricity affordability, economic r...
Post a Comment

Chevron Goes Slow On Oil For Indonesian Geothermal

Chevron and PGE Join Forces to Unlock Geothermal Potential in WKP Way Ratai

On September 25, 2024, a monumental step was taken in Indonesia’s renewable energy journey. PT Cahaya Anagata Energy (CAE), a joint venture between PT Pertamina Geothermal Energy Tbk (PGE) and Chevron New Energies Holdings Indonesia Ltd., officially received the long-awaited Geothermal Permit (IPB) for the Way Ratai Geothermal Working Area (WKP) in Lampung. This collaboration promises to set new benchmarks in geothermal exploration and development, marking a pivotal moment for Indonesia’s clean energy ambitions.

A Breakthrough in Energy Bureaucracy

The symbolic handover of the IPB took place at the Directorate General of New, Renewable Energy, and Energy Conservation (EBTKE) in Central Jakarta, with key energy leaders present. What makes this milestone even more significant is that this was the first geothermal permit processed entirely online through the Online Single Submission (OSS) system. This technological shift signals Indonesia’s commitment to reducing bureaucratic hurdles and paving the way for faster renewable energy projects.

Director General of EBTKE, Eniya Listiani Dewi, emphasized the government’s dedication to renewable energy development during the handover ceremony. “The government fully supports geothermal energy development, and we’ve streamlined processes to ensure green energy exploration proceeds efficiently,” she stated, signaling a new era of regulatory efficiency.

USD 28.85 Million Investment for Exploration

The issuance of this permit is not just about paperwork; it’s a precursor to real action. PT CAE will initiate exploration surveys to identify geothermal sources in WKP Way Ratai. With an investment of USD 28.85 million for the exploration phase, this project signifies a serious commitment from both Chevron and PGE to tap into Indonesia’s vast geothermal potential.

“WKP Way Ratai is part of a grand strategy to strengthen PGE’s geothermal portfolio,” said PGE President Director Julfi Hadi. He underscored the importance of strategic partnerships like this one with Chevron, which aims to contribute to sustainable energy development while benefiting local communities.

The Road Ahead for PT Cahaya Anagata Energy

The journey to geothermal energy production is a rigorous one, and PT CAE’s first task is to conduct exploration surveys. This includes geological, geophysical, and geochemical studies, known as 3G, which will determine the viability of further development. With transparency and community involvement at the heart of this process, PT CAE is poised to ensure that this project not only provides clean energy but also creates lasting benefits for the people of Indonesia.

President Director of PT CAE, Wahyu Budiarto, expressed gratitude to the government for the support, saying, “We are committed to conducting exploration with the highest safety and environmental standards.” He highlighted that stakeholder involvement, particularly from surrounding communities, would be key to the project’s success.

A Strategic Leap for Indonesia’s Clean Energy Future

This collaboration between Chevron and PGE is more than just another energy project; it’s a testament to Indonesia’s growing role in the global energy transition. With the government’s active support and the strategic involvement of industry giants, the WKP Way Ratai project is set to propel Indonesia further into the forefront of geothermal energy production.

As exploration begins, all eyes will be on PT Cahaya Anagata Energy as it navigates the challenging, yet rewarding path toward geothermal energy development, offering a greener, more sustainable future for Indonesia and beyond.

The WKP Way Ratai project embodies Indonesia’s ambitions for a cleaner energy landscape. With Chevron and PGE at the helm, this partnership not only promises to unlock geothermal potential but also sets the tone for future collaborations in the renewable energy space. As exploration kicks off, Indonesia’s geothermal dreams edge closer to reality, driven by innovation, strategic partnerships, and a shared vision for sustainability.


Comments

Post a Comment

Hot Topics 🔥

Eavor steps back from operator role in the Geretsried geothermal project

Eavor at the Crossroads: What Geretsried Really Tells Us About the Future of Closed-Loop Geothermal By Alphaxioms Geothermal Insights | May 13, 2026 For years, Eavor Technologies was the geothermal sector's most talked-about enigma. The company raised hundreds of millions of dollars, attracted backing from heavyweights including BP , Chevron , Helmerich & Payne , and Temasek , and made bold promises about a proprietary closed-loop technology that would quietly revolutionise how humanity extracts heat from the earth. But it rarely said much in public. The secrecy was, to many observers in the geothermal community, a feature rather than a bug — protecting intellectual property, managing competitive intelligence, buying time. Now, Eavor is talking. And what it is saying is worth listening to very carefully. In an exclusive interview published on May 13, 2026, by GeoExpro editor Henk Kombrink, Eavor's new president and CEO Mark Fitzgerald — who took the role in October 2025 ...
Post a Comment
Read more

Iceland Drilling Company Reveals Future of Deep Geothermal Innovation

Exclusive Expert Insights on Superhot Resources, Cost Barriers, Africa’s Growth, and the Next Era of Geothermal Energy By : Robert Buluma   Image:Bruce Gatherer, Geothermal Drilling Business Development & Operations Advisor at Iceland Drilling Company, and Sveinn Hannesson, CEO, who provided the expert insights behind this exclusive interview. Geothermal energy is entering a new and far more extreme frontier. As the global energy transition accelerates, attention is shifting from conventional hydrothermal systems to superhot, ultra-deep, and engineered geothermal systems that promise dramatically higher energy yields and broader geographic applicability. In this exclusive expert exchange,  Iceland Drilling Company  shares detailed insights on the future of geothermal drilling,covering technical frontiers, cost structures, workforce challenges, Africa’s geothermal opportunity, oil and gas crossover, digitalization, partnerships, and what the next 10–15 years may hold f...
Post a Comment
Read more

LCOE Benchmarking: Eavor Technologies vs. Fervo Energy

LCOE Compared: Eavor Technologies vs.  Fervo Energy   Two Bets on Next-Generation Geothermal An Alphaxioms Geothermal Insights Analysis | May 2026 Image:  Eavor and Fervo Drilling Rigs well poised in their respective well pads , drill baby , baby what a time to be a live Introduction: Why the Cost Question Matters Now The global geothermal sector is in the middle of a pivotal moment. After decades of stagnation largely confined to volcanic hotspots, two fundamentally different technological approaches are racing to prove that geothermal energy can be deployed broadly, cheaply, and at scale. Eavor Technologies , the Calgary-based advanced geothermal systems (AGS) company, and Fervo Energy , the Houston-based enhanced geothermal systems (EGS) pioneer, represent the sharpest divergence in next-generation geothermal strategy today. Each company is backed by hundreds of millions of dollars in private capital, each has reached key commercial milestones, and each is advancing ...
Post a Comment
Read more

Fervo Energy IPO Sparks New Era in Geothermal Power

Fervo Energy’s IPO Ignites a New Era for Geothermal Power By: Robert Buluma   On May 4, 2026, Fervo Energy made a bold and defining move—one that could reshape not just its own future, but the trajectory of geothermal energy worldwide. The company officially announced the launch of its Initial Public Offering (IPO), signaling a major transition from an ambitious private innovator to a publicly traded force in the global energy market. This moment is not just about shares, valuations, or stock tickers. It represents a deeper shift—a powerful intersection between finance and the future of clean, reliable, and scalable energy. And at the center of it all lies one critical question: Is geothermal energy finally ready for prime time? A Strategic Leap into Public Markets Fervo’s IPO plans are both ambitious and calculated. The company intends to offer 55,555,555 shares of Class A common stock , with an expected price range between $21.00 and $24.00 per share . Should investor demand...
Post a Comment
Read more

Mazama vs Quaise: Superhot Geothermal Technology Comparison Guide

The Race to the Earth’s Core: A Superhot Geothermal Showdown By: Robert Buluma After half a century of being confined to geologically unique hotspots, geothermal energy is finally going global. At the heart of this revolution are two very different companies. Mazama Energy and Quaise Energy are both racing to do something that has never been done before: create a commercially viable, superhot rock (SHR) geothermal power plant. But while their destination is the same, their maps for getting there could not be more different. Mazama is taking the most advanced version of the oil and gas industry’s playbook and running it at record temperatures. Quaise is throwing that playbook away entirely and betting on a new kind of drill powered by fusion-grade technology. This is a head-to-head comparison of their technologies, their timelines, and their ultimate potential to reshape our energy landscape. Part 1: Mazama Energy – The Record‑Breaking Reservoir Creator Mazama is not a newcomer to t...
Post a Comment
Read more

Amazon NV Energy Geothermal Deal Powers AI Data Centers

Amazon’s First Geothermal Deal Signals a New Era for AI Data Centers in Nevada By:  Robert Buluma Amazon’s entry into geothermal energy through a landmark partnership with Nevada utility NV Energy marks a major turning point in how hyperscale data centers are powered in the United States. The agreement, centered in the Reno region, is more than a corporate clean-energy procurement—it represents a structural shift toward 24/7 carbon-free electricity for AI-driven infrastructure. At its core, the deal combines geothermal baseload energy, large-scale solar generation, and battery energy storage into a unified system designed to power one of the fastest-growing data center hubs in North America: the Tahoe-Reno Industrial Center. This is Amazon’s first formal entry into geothermal energy, placing it alongside other major technology companies that are increasingly investing in firm renewable energy sources to support artificial intelligence workloads. The Core Agreement: 700MW ...
Post a Comment
Read more

Pennsylvania Geothermal Pilot Sparks Revolutionary Enhanced Energy Systems Expansion

Pennsylvania’s $14 Million Geothermal Pilot Ignites Energy Revolution By:  Robert Buluma The United States geothermal industry is entering a transformative era, and Pennsylvania has suddenly emerged at the center of that revolution. Long known for its oil, gas, and coal legacy, the Commonwealth is now positioning itself as a future powerhouse for next-generation geothermal energy through an ambitious Enhanced Geothermal Systems (EGS) demonstration project backed by a $14 million grant from the U.S. Department of Energy . The announcement by the Pennsylvania Department of Environmental Protection (DEP) is far more than another clean energy story. It represents a bold reimagining of America’s energy infrastructure, one where abandoned and active oil and gas wells may soon become gateways to a new geothermal economy. At the heart of this initiative lies a groundbreaking concept: extracting the immense heat stored beneath Pennsylvania’s surface and transforming it into reliable ele...
Post a Comment
Read more

The XGS Energy Heat Sponge Solves Geothermal's Biggest Problem

The XGS Energy Heat Sponge Solves Geothermal's Biggest Problem I mage: A californian XGS well pad Imagine drilling a hole into the Earth’s hot crust  but instead of simply dropping in a pipe and hoping for the best, you paint the inside of that hole with a magic material that soaks up heat like a sponge soaks up water. Then you seal it, circulate a fluid, and generate clean, firm electricity  24/7, no fracking, no water consumption, no earthquakes. That’s not science fiction. That’s XGS Energy . While most of the geothermal world has been chasing fracked reservoirs or massive drilling rigs, XGS quietly built a prototype, ran it for over 3,000 hours in one of the harshest geothermal environments on Earth, and landed a 150 MW deal with Meta – enough to power tens of thousands of homes or a massive data center campus. This is the story of a technology that might be the most elegant, low-risk, and capital-efficient path to scalable geothermal power. Let’s dig in. Part 1: The Pro...
Post a Comment
Read more

Lithium France KIT Advance Induced Seismicity Geothermal Research

Turning the Earth into Insight: Lithium de France & KIT Pioneer Induced Seismicity Research in Europe’s Geothermal Frontier By: Robert Buluma Introduction: When Energy Meets the Deep Unknown Deep beneath our feet lies a paradox—immense energy potential intertwined with geological uncertainty. As the global race toward clean, reliable, and locally sourced energy accelerates, geothermal systems have emerged as one of the most promising solutions. Yet, unlocking this energy—especially in complex geological formations—comes with challenges, one of the most critical being induced seismicity . In a bold and forward-looking move, Lithium de France has partnered with the Karlsruher Institut für Technologie (KIT) to deepen scientific understanding and monitoring of induced seismicity in the Upper Rhine Graben, one of Europe’s most geothermally active regions. This collaboration is not just a technical endeavor—it is a defining moment in how science, industry, and innovation converge to...
Post a Comment
Read more

What to Expect at World Geothermal Congress 2026 Calgary

The World Geothermal Congress 2026, Calgary: What’s Happening in Less Than 30 Days An in-depth preview  Published: May 11, 2026 By: Robert Buluma   Event dates: June 8–11, 2026 (28 days from now) Introduction: The Ground Beneath Our Feet Is Waking Up Twenty-eight days from today, the global geothermal community will converge on Calgary, Alberta – a city better known for oil and gas than for underground heat. But that’s exactly the point. From June 8 to 11, 2026, the World Geothermal Congress (WGC 2026) will transform the Calgary TELUS Convention Centre into the planet’s largest gathering of geothermal scientists, drillers, financiers, First Nations leaders, and policy-makers. If you care about 24/7 clean energy, heating entire districts, or mining lithium from brine – this is your once‑in‑three‑years event. In the following 3,000+ words, you will find: · Why Calgary? (The oil‑to‑heat pivot) · Five themes that dominate the agenda · Keynote speakers you need to hear · Technical...
Post a Comment
Read more