Tajogaite Energía and INVOLCAN Join Forces to Explore La Palma’s Geothermal Potential Tajogaite Energía S.L. has taken a significant step toward assessing the geothermal potential of La Palma by formalising an agreement with the Canary Islands Volcanological Institute (INVOLCAN). The agreement covers surface geothermal exploration and research across 19 mining grids awarded to the company by the Government of the Canary Islands, with a total value of €387,698.50. The initiative does not yet mean that a geothermal power plant will be built or that deep drilling will begin immediately. Instead, it represents an essential early phase: using advanced scientific methods to understand what lies beneath the island’s surface and identify the areas with the greatest potential for future geothermal development. A Strategic Agreement for Canary Islands Energy The collaboration between Tajogaite Energía S.L. and INVOLCAN forms part of the public tender process launched by the Canary Islands Govern...
Alaska’s Ambitious Step into Geothermal Energy: Augustine Volcano Lease Sale in Focus By: Robert Buluma Image credit: Bain Graham Nestled in the heart of southern Cook Inlet, the imposing Augustine Volcano stands as both a challenge and an opportunity. Rising 4,133 feet, this cone-shaped volcanic island has piqued the interest of geothermal enthusiasts, policymakers, and energy companies alike. In an exciting development, Alaska’s Division of Oil and Gas is preparing for a geothermal lease sale on Augustine’s north side—a bold move to harness the earth’s untapped power. This initiative, sparked by interest from three companies eager to explore geothermal resources, could mark a turning point in Alaska's energy landscape. With a best interest finding issued on January 10, 2025, state officials have paved the way for what could become a groundbreaking exploration effort. As spokesperson Sean Clifton hinted, a lease sale announcement may arrive as early as this spring, opening up 55,7...