Below the Surface: How Baker Hughes is Drilling the 24/7 Clean Energy Solution By: Robert Buluma The geothermal era has arrived — and Baker Hughes is holding the drill. While much of the energy world remains fixated on LNG exports and offshore wind, a quieter revolution is taking place beneath our feet. Baker Hughes (BKR) , the Houston-based energy technology giant, has assembled what may be the most comprehensive geothermal partnership network in the industry — positioning itself as the go-to industrial executor for next-generation geothermal power. In 2026 alone, the company has locked in strategic collaborations spanning three continents, from the deserts of Saudi Arabia to the outback of Australia and the high-heat basins of the American West. The common thread? Baker Hughes is applying a century of oil and gas drilling expertise to unlock geothermal energy at industrial scale — and the data center boom is providing the perfect market catalyst. The Strategy: "G...
In a bold step toward redefining the future of clean energy, Orkuveitan, Iceland’s leading utility company, has announced its next major geothermal milestone — the IDDP-3 superhot drilling project.
Presented by Hera Grímsdóttir, Executive Director of Research and Innovation at Orkuveitan, during the Superhot Summit in Reykjavík’s Harpa Conference Center, this initiative marks the dawn of a new era in geothermal energy utilization.
The event, organized by Iceland’s Minister of Environment, Energy, and Climate Jóhann Páll Jóhannsson in collaboration with the national energy sector, showcased Iceland’s ambition to fast-track the development of next-generation geothermal systems. A joint declaration of intent was signed between the Ministry and three major energy companies — Landsvirkjun, Orkuveitan, and HS Orka — solidifying their cooperation on the Iceland Deep Drilling Project (IDDP-3).
The Next Frontier: Deep Drilling into the Earth’s Core
In her keynote, Hera Grímsdóttir unveiled Orkuveitan’s vision to begin drilling at Nesjavellir in 2026, near the historic NJ-11 well drilled in 1985. Using cutting-edge technology and working alongside global research partners, the project aims to reach depths of 4–5 kilometers, tapping geothermal fluids at temperatures exceeding 400°C.
> “We intend to drill deeper, harness more energy, and create new opportunities for a sustainable future,” said Hera.
“By accessing energy from deeper, hotter layers of the Earth, we can multiply the output of individual wells, reduce costs, and minimize environmental impact.”
This transformative approach — known as superhot geothermal — could generate five to ten times more energy than conventional wells, positioning Iceland as a world leader in high-efficiency renewable power.
A Vision Backed by Strong Political and Scientific Will
Minister Jóhannsson emphasized Iceland’s unique opportunity to become a global leader in superhot geothermal utilization.
> “If we can harness geothermal zones exceeding 400°C, we can redefine the economics of clean and secure energy,” he said. “Superhot geothermal can form the foundation for new industries, innovation, and value creation.”
He also revealed that Iceland is developing its first National Geothermal Roadmap, which will guide geothermal development, research, and innovation through 2050 — ensuring that the nation remains at the forefront of sustainable energy.
Pioneering Over a Century of Geothermal Excellence
For over 100 years, Orkuveitan has been at the heart of Iceland’s energy story. As a pioneer behind the world’s first large-scale district heating system for Reykjavík, the company has continually evolved to meet the demands of a changing planet. The IDDP-3 project is not just another step forward — it’s a quantum leap in geothermal innovation.
> “We’re building on decades of experience, a strong scientific community, and collaboration with technology partners,” Hera said.
“This isn’t just about Iceland’s energy future — it’s about offering the world a solution to one of its greatest challenges: sustainable, limitless energy.”
As drilling preparations begin, the IDDP-3 project stands as a beacon of hope, ingenuity, and resilience, showcasing how innovation in the geothermal sector can drive the world toward a cleaner, more sustainable energy future.
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Iceland’s Orkuveitan Leads the Charge in Superhot Geothermal Development
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In a bold step toward redefining the future of clean energy, Orkuveitan, Iceland’s leading utility company, has announced its next major geothermal milestone — the IDDP-3 superhot drilling project. Presented by Hera Grímsdóttir, Executive Director of Research and Innovation at Orkuveitan, during the Superhot Summit in Reykjavík’s Harpa Conference Center, this initiative marks the dawn of a new era in geothermal energy utilization.
The event, organized by Iceland’s Minister of Environment, Energy, and Climate Jóhann Páll Jóhannsson in collaboration with the national energy sector, showcased Iceland’s ambition to fast-track the development of next-generation geothermal systems. A joint declaration of intent was signed between the Ministry and three major energy companies — Landsvirkjun, Orkuveitan, and HS Orka — solidifying their cooperation on the Iceland Deep Drilling Project (IDDP-3).
The Next Frontier: Deep Drilling into the Earth’s Core
In her keynote, Hera Grímsdóttir unveiled Orkuveitan’s vision to begin drilling at Nesjavellir in 2026, near the historic NJ-11 well drilled in 1985. Using cutting-edge technology and working alongside global research partners, the project aims to reach depths of 4–5 kilometers, tapping geothermal fluids at temperatures exceeding 400°C.
> “We intend to drill deeper, harness more energy, and create new opportunities for a sustainable future,” said Hera.
“By accessing energy from deeper, hotter layers of the Earth, we can multiply the output of individual wells, reduce costs, and minimize environmental impact.”
This transformative approach — known as superhot geothermal — could generate five to ten times more energy than conventional wells, positioning Iceland as a world leader in high-efficiency renewable power.
A Vision Backed by Strong Political and Scientific Will
Minister Jóhannsson emphasized Iceland’s unique opportunity to become a global leader in superhot geothermal utilization.
> “If we can harness geothermal zones exceeding 400°C, we can redefine the economics of clean and secure energy,” he said. “Superhot geothermal can form the foundation for new industries, innovation, and value creation.”
He also revealed that Iceland is developing its first National Geothermal Roadmap, which will guide geothermal development, research, and innovation through 2050 — ensuring that the nation remains at the forefront of sustainable energy.
Pioneering Over a Century of Geothermal Excellence
For over 100 years, Orkuveitan has been at the heart of Iceland’s energy story. As a pioneer behind the world’s first large-scale district heating system for Reykjavík, the company has continually evolved to meet the demands of a changing planet. The IDDP-3 project is not just another step forward — it’s a quantum leap in geothermal innovation.
> “We’re building on decades of experience, a strong scientific community, and collaboration with technology partners,” Hera said.
“This isn’t just about Iceland’s energy future — it’s about offering the world a solution to one of its greatest challenges: sustainable, limitless energy.”
As drilling preparations begin, the IDDP-3 project stands as a beacon of hope, ingenuity, and resilience, showcasing how innovation in the geothermal sector can drive the world toward a cleaner, more sustainable energy future.
Source: Orkuveitan
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