The New Energy Frontier: Quaise Energy’s Superhot Geothermal Gambit in Oregon By Alphaxioms Editorial Team | September 4, 2026 In the high desert of Central Oregon, a project with implications far beyond Deschutes County is taking shape. Quaise Energy, now backed by a total of $280 million in funding, is advancing Project Obsidian, which it describes as the world’s first commercial superhot geothermal power plant . The company says the first phase is designed to deliver 50 MW by 2030, with a pathway toward 250 MW and ultimately more than 1 GW . Before the first megawatt reaches the grid, however, the project faces a local policy test: whether Deschutes County should grant a five-year property tax abatement under Oregon’s Rural Renewable Energy Development Zone Program. That decision is more than a routine incentive request. It is a referendum on how rural counties choose to support next-generation energy infrastructure and whether older incentive frameworks can accommodate a technolog...
SLB and Ormat Join Forces to Revolutionize Geothermal Energy By: Robert Buluma In an exciting leap toward a sustainable future, SLB has announced a strategic collaboration with Ormat Technologies, Inc., a leading renewable energy company, to develop and deliver cutting-edge geothermal projects. This partnership aims to revolutionize the geothermal energy landscape by reducing project risks, enhancing economics, and ensuring long-term performance and reliability. A Comprehensive Suite of Solutions The collaboration will offer developers an integrated suite of solutions that cover every phase of geothermal projects. From initial exploration and resource assessment to power plant commissioning and operation, SLB and Ormat are committed to providing a seamless and comprehensive approach. Next-Generation Geothermal Solutions Together, SLB and Ormat will offer both traditional geothermal solutions and next-generation technologies like enhanced geothermal systems (EGS) and advanced geothermal...