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...
Unlocking Earth's Potential Erdwarme Grunawald 61 Million Euro Geothermal Breakthrough By: Robert Buluma In a thrilling development for renewable energy enthusiasts, Erdwarme Grunawald has secured a monumental 61 million euros in federal funding for their latest geothermal drilling project at Laufzorn II. This infusion of capital marks a significant milestone in the quest for sustainable, CO2-free energy and underscores the potential of geothermal resources hidden beneath our feet. A Vision for the Future Laufzorn II is not just another drilling project; it's a testament to the visionary leadership of Erdwarme Grunawald and their commitment to a greener future. With a total investment of around 153 million euros, this initiative aims to drill a second deep borehole that will substantially expand the local geothermal energy supply. "We are investing in the future of our energy infrastructure," says Andreas Lederle, Managing Director of Erdwarme Grunawald . ...