ALPHAXIOMS Geothermal News & Energy Research

Posts

Showing posts from January 28, 2024

EGEC to announce Ruggero Bertani EGIA award winner at GeoTHERM expo and Congres

Announcing the Top 5 Most Innovative Geothermal Projects in 2024 The anticipation is building as the European Geothermal Energy Council (EGEC) reveals the finalists for the prestigious Ruggero Bertani European Geothermal Innovation Award 2024. These groundbreaking projects showcase the forefront of geothermal technology and will be vying for recognition at the GeoTHERM expo & congress, set to unfold between February 29 and March 1, 2024, in Offenburg, Germany. 1. Canopus Drilling Solutions Geothermal BV (Netherlands) Project: Field pilot of the Directional Steel Shot Drilling technology at VersuchsStollen Hagerbach, CH. Canopus Drilling Solutions introduces the Directional Steel Shot Drilling (DSSD) technology, proving its ability to drill three times faster than traditional methods. A successful field pilot at VersuchsStollen Hagerbach demonstrated the prowess of DSSD by steering through various rock types and depths, marking a significant leap in drilling efficiency. 2. Deu...

Geothermal Social Economic Impact depicted by ESMAP and World Bank

Unveiling the Socioeconomic Impact of Geothermal Energy: A Comprehensive Analysis through ESMAP Case Studies Introduction: Geothermal energy stands as a beacon of sustainable and renewable power, offering a myriad of benefits beyond its role in generating electricity. The Energy Sector Management Assistance Program (ESMAP) under the auspices of the World Bank has recently delved into the socioeconomic impact of geothermal energy, presenting a holistic perspective through a series of enlightening case studies. These studies shed light on the transformative effects of geothermal initiatives on local communities and economies. Case Studies: 1. Job Creation and Economic Growth: One of the standout findings from the ESMAP case studies is the substantial role geothermal projects play in job creation and economic growth. The exploration, development, and maintenance of geothermal facilities necessitate a skilled workforce, providing employment opportunities for local communi...

Geothermal Makes KMT drill Magma to Power Iceland

Unprecedented Exploration: Iceland's Krafla Magma Testbed (KMT) Breaks Ground in Volcanic Discovery In a groundbreaking endeavor set to unfold in 2026, Iceland's Krafla Magma Testbed (KMT) is poised to embark on a mission that promises to revolutionize our understanding of volcanic activity. The KMT project aims to drill into the magma chamber of a volcano, pushing the boundaries of scientific exploration like never before. Situated just 1-2 miles below the Earth's surface, the magma chamber selected for this audacious project is unique in its characteristics. With temperatures soaring up to a blistering 1300 degrees Celsius, this molten cauldron presents both an opportunity and a challenge for the scientific community. The shallow depth of the magma chamber may seem advantageous, making the drilling process comparatively easier than delving into deeper layers of the Earth. However, the true test lies in the extreme conditions the drill bits must endure. With temperatures r...

Geothermal Energy Endorsed in European Parliament

Embracing the Future: European Parliament's Resounding Endorsement of Geothermal Energy Strategy In a groundbreaking move, the European Parliament has unanimously rallied behind a resolution to champion a comprehensive geothermal energy strategy for the European Union. Led by Professor Krasnodębski MEP from the European Conservatives & Reformist Group (ECR), the resolution received an overwhelming vote of approval, with 96% of Members present in favor. A Vision for Sustainable Energy At the core of this initiative is a call for a European strategy for geothermal energy. The aim is clear: to reduce administrative barriers and facilitate investments across various sectors, including buildings, industry, and agriculture. This strategic approach aligns with the overarching goal of creating a sustainable and environmentally conscious future. The resolution also proposes the establishment of a Geothermal Industrial Alliance, designed to expedite the implementation of best practices a...

PPC Renewables and ELEACTOR energy to venture into Geothermal Energy in Lesvos Island, Greece

"Green Power Rising: PPC Renewables and ELEACTOR Join Forces for Geothermal Innovation in Lesvos Island, Greece" In a significant stride towards sustainable energy solutions, PPC Renewables has forged a strategic partnership with ELEACTOR to establish a 250 KW geothermal pilot plant on Lesvos Island, Greece. This ambitious project sets the stage for a groundbreaking 8 MW power station, promising a future where clean and renewable energy takes center stage in the region. ### Geothermal Innovation Unveiled on Lesvos Island Lesvos Island, known for its natural beauty, is now becoming a hub for green innovation. The collaboration between PPC Renewables and ELEACTOR aims to harness the island's geothermal potential to create a reliable and eco-friendly energy source. The 250 KW geothermal pilot plant will serve as a testing ground, paving the way for larger-scale developments in the near future. ### Pumping Tests in Stipsi Area: A Crucial Milestone Before laying the groundwo...

Geothermal Power Developer PT Sejahtera Alam Energy (SAE) Risking Closure as Alphaxioms offers Incentives

Overcoming Challenges: Revitalizing the Baturaden Geothermal Power Project Introduction: The Baturaden Geothermal Power Project in Central Java Province, led by PT Sejahtera Alam Energy (SAE), has encountered substantial hurdles in its quest for a development partner and struggles in meeting geothermal concession fees. In this article, we will explore the setbacks faced by SAE and discuss potential strategies to rectify these challenges and breathe new life into the project. Challenges Faced by SAE: 1. Partner Search Woes: SAE's inability to secure a development partner has hindered progress on the Baturaden Geothermal Power Project. This lack of collaboration can be attributed to various factors, including economic uncertainties, regulatory complexities, and environmental concerns associated with geothermal projects. 2. Financial Strain: In addition to the partner search difficulties, SAE is reportedly facing challenges in meeting geothermal concession fees. Financial strain can...

Smith College taps Geothermal Energy to meet it's Energy needs

"Smith College Embraces Sustainability: A Geothermal Revolution Powers Campus" In a pioneering move towards a sustainable future, Smith College has undergone a remarkable transformation by exclusively adopting geothermal energy to power its campus. This strategic shift away from fossil fuels is a testament to the college's commitment to environmental responsibility and signifies a monumental leap in the pursuit of clean energy solutions. ### Tapping into Earth's Inner Heat Smith College's decision to rely solely on geothermal energy revolves around the utilization of the Earth's natural heat reservoirs. By harnessing the energy stored beneath the surface, the campus is now able to meet its electricity and heating demands in an environmentally friendly manner. Geothermal energy is a renewable source that produces minimal greenhouse gas emissions, making it a sustainable alternative to traditional power sources. ### Underground Sustainability: How Geothermal Wo...

Ormat's ESG acumen makes it a reputable company in USA

Ormat Corporation Recognized Among America's Responsible Companies for Environmental and Social Governance Excellence In an era where corporate responsibility is becoming increasingly vital, Ormat Corporation stands out as a beacon of environmental and social governance (ESG) excellence, earning accolades as one of the responsible companies in America. This recognition not only reflects Ormat's commitment to sustainable business practices but also underscores the crucial role it plays in fostering positive change. Ormat's dedication to environmental stewardship is evident in its renewable energy initiatives. As a leading geothermal energy company, Ormat has consistently prioritized clean and sustainable power generation. By harnessing the Earth's natural heat, the company minimizes its carbon footprint, contributing significantly to the reduction of greenhouse gas emissions. Moreover, Ormat's Social Governance practices extend beyond environmental considerations. Th...

Geothermal Association of Kenya to Converge mid year 2024

Unveiling the Future of Geothermal Energy: Geothermal Association of Kenya's Upcoming Conference In the heart of Kenya's commitment to sustainable energy, the Geothermal Association of Kenya (GAK) is gearing up for an insightful conference scheduled for July. This event promises to be a milestone in the realm of geothermal energy, offering a platform for professionals, researchers, and enthusiasts to converge and delve into the latest developments iExploring Sustainable Solutions** The conference aims to explore innovative and sustainable solutions within the geothermal sector. With Kenya being a pioneer in harnessing the Earth's heat for energy production, this event becomes a crucial juncture for sharing experiences, expertise, and advancements. ### **Key Themes and Topics** Attendees can expect a diverse range of topics, including: 1. **Geothermal Technology Advancements:** Delve into the cutting-edge technologies that are shaping the future of geothermal energy product...

Eavor Tops Geothermal start-up list

Eavor Emerges as Global Geothermal Powerhouse In a groundbreaking announcement, energystartups.org has crowned Eavor as the leading geothermal energy startup globally, marking an extraordinary achievement fueled by an impressive $365.3 million in cumulative funding. Eavor's ascent to the summit is attributed to substantial investments from influential entities such as Vickers Venture Partners, bp Ventures, Chubu Electric Power, BDC Capital, Chevron Technology Ventures, BHP Ventures, Helmerich & Payne, Precision Drilling, OMV, the Canada Growth Fund (CGF), and Microsoft. The year 2023 witnessed a surge in support, culminating in the successful launch of Eavor's maiden commercial project in Geretsried, Germany. Notably, a pivotal moment arrived in March when the European Innovation Fund (EIF) granted a substantial €91.6 million, solidifying Eavor's position in the clean energy landscape. Eavor-Europe™ achieved a momentous milestone with a €34 million investment from OMV,...

Geothermal Development in Italy, Tuscany

"Advancing Geothermal Energy: Italy's Push for Sustainable Development" **Introduction:** In the heart of Italy, specifically Tuscany, a significant stride is being taken towards the sustainable development of geothermal energy. This initiative is led by a Technical Table coordinated by the Italian Geothermal Union (Ugi) and the Italian Association for Urban Heating (Airu), working in tandem with the Ministry of Environment. Their mission? To craft a comprehensive national plan that encompasses the entire spectrum of geothermal energy use, from thermal applications to geothermal power generation and the strategic recovery of minerals from geothermal fluids. **Key Developments:** The final meeting, set for February 16th with Minister Pichetto, signals a positive dialogue between the Technical Table and the ministry. After years of relative stagnation in the development of this renewable source, Tuscany stands as a pioneer, having utilized geothermal energy for electricity ...

Kenya Set to Join the 1GW Geothermal Club

Kenya's Milestone: Joining the 1GW Geothermal Club with Alphaxioms Leading the Charge Kenya is on the brink of achieving a groundbreaking milestone in the energy sector as it gears up to join the coveted 1GW Geothermal Club. This achievement not only signifies a significant leap in sustainable energy production but also solidifies Kenya's commitment to harnessing its geothermal potential for a greener future. Geothermal energy has long been recognized as a reliable and environmentally friendly source of power, and Kenya has been at the forefront of tapping into its vast geothermal resources. With the ambitious goal of reaching 1 gigawatt of geothermal capacity, the country is set to make a substantial impact on its energy landscape. One of the key players driving Kenya's geothermal success story is Alphaxioms. This dynamic company has played a pivotal role in the development and expansion of geothermal projects across the country. Alphaxioms has demonstrated a strong commit...

Controlled Thermal Resources Vorches for Geothermal Lithium

"Breaking Ground for a Green Future: CTR's Lithium Valley Campus" In a significant stride towards sustainable energy, Controlled Thermal Resources (CTR) is set to break ground on its groundbreaking lithium extraction and geothermal project in Calipatria. After almost a decade of meticulous planning, the company is on the verge of initiating what they claim to be the world's "first fully integrated lithium and renewable power production facility." This pioneering project, known as the Lithium Valley Campus, is slated to be a multi-billion-dollar clean energy precinct comprising seven stages. CTR's CEO, Rod Colwell, expressed enthusiasm, stating, "CTR will break ground on the world’s first fully integrated lithium and geothermal development!" The ceremony will witness the presence of distinguished guests, including President Joe Biden’s Senior Advisor for Clean Energy Innovation, John Podesta, and former Secretary of Transportation, Rodney Slate...

TGDC to harness 30Mwe from Geothermal Having acquired a New rig

Tanzania Gears Up for a Geothermal Energy Revolution In a strategic move towards sustainable energy, the Tanzanian government is set to tap into the vast potential of geothermal resources, aiming to diversify its energy mix. Deputy Minister of Energy, Judith Kapinga, announced this groundbreaking initiative in Dodoma, emphasizing the pivotal role of the Tanzania Geothermal Development Company (TGDC) in spearheading the country's geothermal endeavors. Several ambitious projects are already in progress across different regions of Tanzania. Notable among them is the Ngozi project, targeting a generation capacity of 70 MW, and the Kiejo Mbaka project in Mbeya, aiming for 60 MW. In the Songwe region, a 5 MW project is underway in Pwani province, while a significant 60 MW project is in development in Natron, Arusha. Currently, most of these projects are in the crucial phase of feasibility studies, ensuring a comprehensive understanding of the geological and technical aspects before full-...

GEL and Exergy ORC's Innovative Geothermal Lithium Project in United Downs"

"Geothermal Engineering Ltd and Exergy ORC Join Forces for Revolutionary Lithium Extraction in Redruth" In a groundbreaking collaboration, Geothermal Engineering Ltd (GEL) and Exergy ORC are set to unveil a cutting-edge 3-megawatt Organic Rankine Cycle (ORC) power plant near Redruth, United Downs. This innovative project aims to harness the latent heat from lithium-rich rocks in Cornwall, marking a significant leap in sustainable energy and lithium extraction technologies. Exergy ORC, the engineering, procurement, and construction (EPC) contractors for the project, bring their expertise to the forefront, ensuring the seamless integration of the ORC power plant into the landscape of United Downs. The region's geothermal potential, coupled with the ORC technology, promises to deliver clean and renewable energy to the local grid. Tests conducted by GEL have confirmed the presence of lithium in the Cornwall rocks, boasting an impressive 340 parts per million (ppm). This disco...

Zyrardów's Geothermal Revolution: Delving Deep for Sustainable Heat and Progress"

Embark on a journey beneath the picturesque town of Zyrardów, Poland, where the groundbreaking drilling of a 3-kilometer geothermal well has commenced This ambitious project, named "Construction of an exploration and appraisal well for thermal waters Zyrardów GT-1," is set to revolutionize the town's heating network. As the drilling delves vertically into the Earth's depths, reaching an anticipated 3-kilometer depth with water temperatures soaring to 70 °C, the town braces for a transformative three-month endeavor. The visionary initiative is fueled by a PLN 19.8-million subsidy from the National Fund for Environmental Protection and Water Management, signaling a pivotal moment in the first round of the "Making thermal waters available in Poland" program. The inauguration, held on January 16, 2024, marked a historic milestone for Zyrardów, attended by Lucjan Krzysztof Chrzanowski, the town's Mayor. With great anticipation, Mayor Chrzanowski expressed, “T...

XGS Energy ramps Up Geothermal Funds With Aide From Constellation Energy

XGS Energy Rides the Geothermal Wave with Major Funding Boost In a significant stride towards a sustainable energy future, Baltimore-based energy producer Constellation Energy has led a robust $9.7 million funding round for XGS Energy. This marks the third geothermal startup this year to secure substantial investment, showcasing a promising trend in the industry. Geothermal energy, harnessed from the Earth's heat beneath its surface, has long held potential as a reliable power source. XGS Energy, armed with its cutting-edge Thermal Reach Enhancement (TRE) technology, is at the forefront of this transformative wave. Unlike solar or wind power, geothermal energy provides a constant source of electricity, making it an ideal complement to intermittent renewable sources. The challenge, however, lies in overcoming drilling costs and the geographical limitations that have hindered the widespread adoption of geothermal energy. XGS's TRE technology employs a single drill to reach hot ro...

PT PLN(Persero) and Tanesco to Collaborate on Geothermal Ditization

Strengthening Power Ties: PT PLN(Persero) and Tanesco Collaborate on Digital Transformation and Geothermal Energy. In a significant stride towards sustainable energy solutions and digital evolution, PT PLN(Persero), Indonesia's state-owned electricity company, and Tanzania Electric Supply Company Limited (Tanesco) have joined hands in a strategic collaboration. This partnership aims to propel PT PLN's digital transformation initiatives and harness the vast potential of geothermal energy. Digital Transformation in Power Sector: As the global energy landscape undergoes rapid changes, digital transformation becomes imperative for utilities to enhance efficiency, reliability, and environmental sustainability. PT PLN's collaboration with Tanesco signifies a shared commitment to embracing cutting-edge technologies to optimize power generation, distribution, and customer service. Key Focus Areas of Collaboration: 1. Smart Grid Implementation: The collaboration will see the impleme...

Geothermal Drilling Tender For Ziarned Hronom, Slovakia

Unveiling the Potential: Tender Geothermal Exploratory Drilling in Ziarned Hronom, Slovakia In the pursuit of sustainable and clean energy sources, Ziarned Hronom in Slovakia is taking a significant leap towards a greener future with its tender for geothermal exploratory drilling. The project aims to harness the Earth's natural heat reservoirs, providing an installed capacity of 6.3 to 6.5 Megawatts electric (MWe) to power approximately 20,000 households. What sets this initiative apart is its commitment to not only generate electricity but also utilize excess heat for direct and practical purposes. Geothermal energy has long been recognized as a reliable and eco-friendly alternative to traditional fossil fuels. By tapping into the Earth's internal heat, Ziarned Hronom's geothermal project is poised to make a substantial impact on the local energy landscape. The tender for exploratory drilling represents a crucial step in uncovering the true potential lying beneath the surf...

Geothermal Resource Assessment Opportunity at KenGen

"Career Opportunity at KenGen: Geoscientific Manager in Geothermal Energy" Kenya Electricity Generating Company (KenGen) is currently seeking a qualified and experienced individual for the position of Geoscientific Manager in the field of Geothermal Energy. This role comes with a range of exciting responsibilities and requirements, making it an ideal opportunity for seasoned professionals in the geosciences. Job Description: As the Geoscientific Manager, the successful candidate will be entrusted with the following key responsibilities: 1. Geoscientific Surface Exploration Programs: Oversee and manage geoscientific surface exploration programs, contributing to the development of conceptual models. 2. Resource Assessment and Development: Direct activities related to resource assessment and development, ensuring efficient utilization of geothermal reservoirs. 3. Geophysical and Geochemical Monitoring: Administer monitoring programs for geophysical and geochemical aspects of the...

"CeraPhi Energy and Climate Change Ventures : Pioneering Geothermal Solutions"

CeraPhi Energy Partners with Climate Change Ventures to Accelerate Geothermal Innovations UK-based CeraPhi Energy has entered into a strategic partnership with Climate Change Ventures (CCV), a renowned financial services and green project development specialist. This collaboration aims to facilitate significant investment in CeraPhi's innovative portfolio of projects, focusing on harnessing the earth's natural heat reservoirs. CeraPhi is at the forefront of pioneering advanced "closed-loop" geothermal technologies, a groundbreaking approach that repurposes end-of-life Oil and Gas wells in a cost-effective and highly efficient manner. This innovative method offers a sustainable solution for repurposing redundant infrastructure while providing 24/7 supplies of heat and derived energy at attractive production costs. Climate Change Ventures will play a pivotal role in this collaboration by utilizing a "Green Bond" mechanism to secure project finance. This financ...

Geodipa , Geophysical Tender survey for Candradimuka Geothermal Field

Provision of MT, TDEM, and Gravity Data Acquisition Services in the Candradimuka Geothermal Field Tender Number: 001.PLL/PST.PBJ-GDE/I/2024 Duration: 180 calendar days from the issuance of SPMK Location: Banjarnegara Regency, Central Java Procurement Method: Tender with Post-qualification REGISTRATION AND COLLECTION OF WORK PLAN AND TERMS Days: Monday, Tuesday, & Wednesday Dates: January 29-31, 2024 Method: Email to procurement@geodipa.co.id Time: 10:00 AM – 3:00 PM WIB REGISTRATION REQUIREMENTS AND RKS DOCUMENT COLLECTION Interested participants must email procurement@geodipa.co.id to receive instructions for transferring the RKS document replacement fee of Rp500,000. Submit a scanned ID card, Rp10,000 stamped power of attorney from the company's leader (if delegated), and proof of payment to procurement@geodipa.co.id. RKS EXPLANATION Day: Thursday Date: February 1, 2024 Venue: Online Meeting Time: 10:00 AM – Completion QUALIFICATIONS FOR PROCUREMENT PARTICIPANTS Business en...

Posts

Just In

Popular posts from this blog