Skip to main content

Just In

Green Therma Selects H&P to Drill Denmark’s Longest Geothermal Well

Green Therma Selects H&P to Drill Denmark’s Longest Geothermal Well for Aalborg Heat4Ever Demonstration Denmark is moving from geothermal ambition to execution. Green Therma has selected Helmerich & Payne to drill the Heat4Ever demonstration well near Aalborg, a project that could become one of the country’s most technically ambitious geothermal developments and a meaningful test of closed-loop district heating.   A milestone for Danish geothermal The Aalborg Heat4Ever project matters because it is designed to prove that geothermal heat can be delivered without relying on a natural hot-water reservoir. Instead of producing groundwater from a conventional geothermal field, the system uses a closed-loop pipe-in-pipe design that circulates the same fluid downhole, heats it in contact with hot rock, and returns it to the surface for district heating use.  That distinction is important for Denmark, where district heating is already a major part of the energy system ...

UAE and Phillipines $15 Billion Renewable Energy Stretches Into Geothermal

The Philippines and Masdar Energy Deal: A Game-Changer in the Renewable Energy Landscape with Geothermal Potential

By:Robert Buluma

In a groundbreaking move, the Philippines has joined forces with Masdar, the renewable energy giant from the UAE, in a bold partnership that promises to reshape its energy sector. Signed on January 15, 2025, this historic agreement sets the stage for the development of up to 1 gigawatt (GW) of renewable energy capacity by 2030, with ambitious plans to scale up to a staggering 10 GW by 2035. While solar and wind dominate the headlines, there’s a quiet opportunity emerging in the shadows: geothermal energy, a resource that could redefine the future of this collaboration. 

A $15 Billion Green Revolution  

With an estimated $15 billion in investment, this deal underscores the Philippines' commitment to sustainable growth and energy security. The country aims to increase its renewable energy share in the power generation mix from 22.8% in 2022 to 35% by 2030 and 50% by 2040. The deal promises not just cleaner energy but also thousands of jobs, a stronger economy, and a brighter, greener future.  

However, while solar and wind are center stage, the Philippines boasts significant geothermal potential, thanks to its location along the Pacific Ring of Fire. Could this partnership with Masdar be the catalyst that unlocks the untapped power beneath its surface?  Speaking of the Pacific ring of fire, we reported earlier on how Masdar was out to give companies a run of their money in this Geothermal rich treasure trove. It's a no brainer the desert eagle wasnt mincing a word.

The Untapped Geothermal Goldmine  

Geothermal energy is one of the Philippines' most underutilized treasures. As the world's third-largest geothermal energy producer, the country has a proven track record of harnessing heat from the earth. Yet, there remains vast untapped potential across its archipelago, with regions like Mindoro, Leyte, and Bicol offering promising prospects.  

Masdar, with its global expertise, has already invested in geothermal projects in Indonesia through Pertamina Geothermal Energy, A company that is already iconic in the Indonesian Geothermal power play Could this be a stepping stone for the UAE-based company to bring its expertise to the Philippines’ geothermal sector?  

The Implementation Agreement with the Department of Energy (DOE) opens doors for pre-development activities, including technical studies, obtaining permits, and securing rights. This framework could easily be adapted to include geothermal exploration and development, aligning perfectly with Masdar’s track record in clean energy innovation.  

Beyond Solar and Wind: Why Geothermal Matters  

Unlike solar and wind, geothermal energy offers consistent, 24/7 power generation. It’s not dependent on weather conditions, making it a reliable backbone for the renewable energy mix. Integrating geothermal with battery energy storage systems (BESS), which are part of the Masdar-Philippines deal, could revolutionize the country’s energy stability.  

The potential for geothermal is not just about electricity; it also extends to direct-use applications like industrial heating, aquaculture, and district cooling. With the DOE's support for clean energy innovations, this partnership could pioneer hybrid renewable energy systems, combining geothermal, solar, and wind in a unique trifecta of sustainability.  

A Bold Vision for 2035  

By 2035, the Philippines and Masdar aim to achieve 10 GW of renewable energy capacity. Imagine a future where geothermal plants hum alongside sprawling solar farms and towering wind turbines, all supported by cutting-edge battery storage systems. This vision is not just ambitious—it’s transformative.  

The Masdar-Philippines deal is more than just an energy agreement; it’s a statement of intent. It’s a declaration that the Philippines is ready to lead Southeast Asia in renewable energy innovation, with geothermal playing a pivotal role.

Final Thoughts  

This partnership marks a new chapter in the Philippines’ energy story. While solar and wind capture the spotlight today, geothermal energy is the silent contender poised to become the backbone of the nation’s renewable energy future.  

We were a little bit skeptical on having oil & gas lead Renewable Energy at the COP but its evident the Masdar leader has turned out so well in Geothermal.

Masdar has already proven its ability to develop groundbreaking clean energy projects worldwide. If this partnership evolves to include geothermal, it could place the Philippines on the map as a global leader in innovative renewable energy solutions.  

The question is no longer whether the Philippines can achieve its renewable energy goals but whether it can unlock the full potential of geothermal energy to exceed them.  

Let this deal serve as an inspiration—not just for the Philippines but for the entire world. As we move toward a more sustainable future, it’s time to dig deeper, quite literally, into the earth’s potential.  

Sources:Phillipines Department of energy on LinkedIn and Meta , Masdar , mb.com

Connect with us:LinkedIn , X

Comments

Popular posts from this blog

Dynelectro, Syntholene, and the Geothermal SOEC Breakthrough in Iceland

Dynelectro, Syntholene, and the Geothermal SOEC Breakthrough in Iceland Dynelectro’s role in the Syntholene Iceland project highlights a major shift in how the market should think about SOEC technology. For years, solid oxide electrolysis cells have been seen as highly efficient but too difficult to commercialize because of stack degradation, short operating life, and the complexity of integrating them into real industrial systems. This project helps challenge that view by showing how geothermal integration, advanced power electronics, and system-level design can make SOEC a credible industrial solution.   The most important takeaway is simple: the market has often misunderstood SOEC as a technology limited by chemistry alone, when in fact a large part of the challenge is operational. Dynelectro’s approach shows that if the stack is controlled properly and supported by the right electrical architecture, SOEC can move much closer to commercial viability. The Syntholene Iceland ...

Dominica Geothermal Milestone: Ormat’s Plant Boosts Caribbean Clean Energy Transition

Dominica’s Geothermal Breakthrough: What Ormat’s First Power Plant Means for the Caribbean and the Global Energy Transition Dominica has taken a major step forward in clean energy with the commercial operation of its first geothermal power plant, developed by Ormat Technologies . This milestone is more than a national achievement; it is a strong signal that geothermal energy can play a much larger role in the Caribbean’s future electricity mix. For an island region long dependent on imported diesel and exposed to fuel price volatility, the shift matters. Dominica’s new geothermal plant offers a cleaner, more stable, and locally produced source of power, and it could become a model for other volcanic islands seeking energy independence. A historic moment for Dominica Dominica sits in the Lesser Antilles volcanic arc, a region with substantial geothermal potential beneath its mountains and rugged terrain. For years, experts have known the island has the geological conditions needed for ...

Geothermal Innovation, Superhot Systems, Social License, and the Future of Global Geothermal Energy

In this interview, Dr. Amel Barich, Founder & CEO of Geoscience Research and Communications (GRC) , shares insights into the future of geothermal energy, covering superhot geothermal systems, advanced drilling, international collaboration, social license to operate, developing-country opportunities, and the growing role of geothermal in integrated energy systems.  Image : Dr. Amel Barich Founder & CEO, Geoscience Research and Communications (GRC) Geoscientist | Geothermal R&D&I | Social License to Operate Q1. Could you briefly introduce yourself and describe your current role in advancing geothermal innovation? I am a geoscientist and geothermal professional with a background spanning geothermal research and innovation, international collaboration, policy and science diplomacy, stakeholder engagement, and strategic communication. Over the past decade, I have worked from Iceland across major European and international geothermal initiatives, leading collaborative R...

Europe Geothermal Energy Investment Opportunities, Companies, Resources, and Market Outlook

Investment Opportunities in Europe’s Geothermal Energy Market: Country-by-Country Resources, Companies, Challenges, and Growth Prospects Europe is developing one of the world’s most diverse geothermal investment markets. The continent combines mature geothermal electricity industries in Italy, Iceland, and Türkiye with rapidly expanding district-heating markets in France, Germany, the Netherlands, Poland, Hungary, Denmark, and Switzerland. The most attractive European opportunities are not limited to power generation. Investors can participate in geothermal district heating and cooling, industrial heat, geothermal heat pumps, enhanced geothermal systems, closed-loop systems, thermal storage, lithium extraction, drilling services, equipment manufacturing, and integrated energy networks. The European Geothermal Energy Council reported that ten new geothermal district-heating and cooling systems began operation during 2025, adding approximately 70 MWth of capacity. New systems were report...

Oil and Gas Giants Pivot to Geothermal: Investments, Drilling Expertise, Enhanced Systems, Repurposing Wells

Oil and Gas Companies Entering the Geothermal Energy Industry Oil and gas companies are becoming increasingly active in geothermal energy. Their involvement includes direct project development, investment in geothermal startups, drilling and well services, engineering, equipment manufacturing, subsurface studies, geothermal heating, and the conversion of abandoned or nonproductive oil and gas wells. At least 80 oil and gas companies have some form of participation in the geothermal sector. When major oil companies, national oil companies, oilfield-service providers, drilling contractors, engineering firms, geoscience companies, equipment manufacturers, investors, and technology startups are included, the number can reasonably exceed 100. This shift is one of the most important developments in the modern geothermal industry. Oil and gas companies already possess many of the skills required to develop geothermal resources, including geological interpretation, seismic imaging, reservoir m...

Philippines Geothermal Drilling: Rufino "Dong" Cotanda Jr. on PGPC, EDC, ThermaPrime, and the Future of Geothermal Energy

Alphaxioms Exclusive: Inside the Philippines' Geothermal Drilling Success Story , A Conversation with Rufino "Dong" Cotanda Jr. Image : Rufino "Dong" Cotanda Jr The Philippines is the world's third-largest producer of geothermal electricity, with more than 2 GW of installed capacity. Behind this achievement is decades of technical expertise, sustained government support, and some of the world's most experienced geothermal drilling professionals. One of those professionals is Rufino "Dong" Cotanda Jr., a drilling veteran with over 45 years of experience in both oil & gas and geothermal operations. Having worked with Saudi Aramco , Desco , Unocal, Chevron , and now the Philippine Geothermal Production Company (PGPC), Dong has helped shape drilling programs across multiple continents. In this exclusive interview with Alphaxioms, he discusses the evolution of geothermal drilling in the Philippines, the technologies improving well performance,...

UPLIFT Project: Advancing Safe Enhanced Geothermal Systems in Europe

UPLIFT Project: Advancing Safe and Efficient Enhanced Geothermal Systems in Europe Image:The UPLIFT consortium at the project kick-off meeting in Potsdam, Germany, 8–9 June 2026. Europe has launched a new research initiative focused on unlocking heat from deep, hot, and low-permeability rocks. Known as UPLIFT“Unlocking Petrothermal Lithologies through Innovative Fracture Technologies”—the four-year Horizon Europe project will develop and demonstrate safer, more efficient, and more socially acceptable  Enhanced Geothermal Systems (EGS). Running from May 2026 to April 2030, UPLIFT will conduct a field-scale demonstration at the RINGEN geothermal research site in Litoměřice, Czechia. The project brings together eight partners from five European countries to address some of the most difficult challenges facing deep geothermal energy, including high drilling costs, low reservoir productivity, induced seismicity, stimulation efficiency, and public acceptance.  The project could beco...

Burghausen geothermal district heating: €27M investment drives municipal climate-neutral heat transition and resilience

Burghausen Approves Geothermal District Heating: A €27 Million Bet on Climate-Neutral Urban Heat The town of Burghausen has taken a decisive step toward a low-carbon heating future. On 6 August 2026 the supervisory board and shareholder meeting of Energieversorgung Burghausen GmbH (EBG) — jointly owned by the city of Burghausen and Energie Südbayern (ESB) — unanimously approved the implementation of a geothermal district heating project. With an investment envelope of roughly €27 million and plans for heat transport over approximately 10 kilometres from the Naturwärme Kirchweidach-Halsbach production site, the project aims to deliver climate-neutral heat to local households, public buildings and businesses, and to position Burghausen as a regional model for municipal heat transition. This article explains the technical concept, the economics and financing pathway, expected timeline and benefits, potential risks and mitigation strategies, and the wider policy and market context that mak...

Geothermal heat pumps for universities: campus decarbonization, industrial heat pumps, and state grant funding

Massachusetts’ $23M Push: How Geothermal, Industrial Heat Pumps and Efficiency Grants Can Transform Campus Decarbonization Image: MIT, Cambridge  Massachusetts’ recent award of approximately $23 million in decarbonization implementation grants to public universities and state facilities is more than a set of individual projects — it’s a practical blueprint for how public-sector institutions can accelerate fossil-fuel retirement, reduce operating costs, and scale up low-carbon heating technologies. The grant round, made through the Department of Energy Resources’ Leading by Example (LBE) Decarbonization Implementation Grant (DIG) program, funds a range of measures from campus-scale geothermal systems to industrial heat pumps, air-source heat pumps, building envelope upgrades, and rooftop solar. Together the projects demonstrate how targeted public investments can unlock larger capital programs, yield sizeable greenhouse gas (GHG) reductions, and create replicable models for universi...

XGS Energy IPO: Morgan Stanley, Geothermal Growth, and Fervo’s Market Momentum

XGS Energy Weighs IPO After Hiring Morgan Stanley, Chasing Fervo's Geothermal Momentum Geothermal developer XGS Energy has hired Morgan Stanley to evaluate an initial public offering, positioning itself as a potential second geothermal IPO of 2026 after Fervo Energy's blockbuster listing. The move underscores growing investor appetite for clean, firm power technologies as data-center demand and grid reliability concerns reshape the energy investment landscape. The Scoop: Morgan Stanley, IPO Timing, and Market Context In early July 2026, Axios Pro reported that XGS Energy engaged Morgan Stanley to assess a public listing, with company leadership potentially deciding within about a month whether to proceed. The timing is strategic: Fervo Energy's May 2026 IPO created a rare "open window" for geothermal equities, providing valuation benchmarks and investor education that earlier private rounds lacked. For investors, the narrative is straightforward. If Fervo proved t...