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...
Unlocking Earth's Infinite Power: The Revolution of Millimeter Wave Drilling By: Robert Buluma In a groundbreaking test at the Quaise laboratory, scientists have taken a monumental step toward tapping into the boundless reservoir of clean energy that lies deep beneath the Earth's surface. This untapped potential, which could power our civilization for millions of years, is now within reach thanks to an innovative technology: millimeter wave drilling. The Hidden Treasure Below Deep geothermal energy holds the promise of providing clean, sustainable power 24/7. Unlike solar or wind, which are intermittent, geothermal energy is constant, driven by the Earth's internal heat. However, accessing this energy, buried deep within the tough, crystalline basement rock, has long been a challenge. Traditional drilling methods falter here, where high pressure and temperature wear down mechanical drill bits rapidly, making the process expensive and inefficient. Enter Millimeter Waves Mi...