Alphaxioms Geothermal News and Related Research Globally

Geothermal Startup  Bedrock Energy Secures $12M to Revolutionize Carbon-Free HVAC for Buildings By: Robert Buluma In a groundbreaking move for the geothermal energy sector, Bedrock Energy , a Texas-based geothermal technology startup, has successfully raised $12 million in a Series A funding round. The funds aim to accelerate the development and deployment of their innovative, carbon-free heating and cooling solutions for buildings. With the increasing urgency to combat climate change,  Bedrock Energy technology is set to play a significant role in reducing greenhouse gas (GHG) emissions from buildings—a sector responsible for 15% of global carbon emissions.   A Game-Changer for Urban Geothermal Systems Founded in 2022,  Bedrock Energy has positioned itself as a pioneer in geothermal HVAC systems. Their cutting-edge technology integrates autonomous drilling with advanced subsurface modeling, significantly reducing the time and space required for geothermal in...

Ormat Technologies  Secures Groundbreaking PPA with  Calpine Energy Solutions: Pioneering a New Era in Carbon-Free Energy By:  Robert Buluma What the Agreement Entails The Voices Behind the Deal “Now more than ever, it’s critical to have a robust network of strategic partners, like Ormat , that focus on alternative and renewable geothermal supply-side technologies. This ensures our retail clients can access customized, scalable energy strategies aligned with their unique cost, risk, and carbon goals.” This wont be the first time Ormat inks a deal with geothermal power house as we reported earlier on on their partnership with SLB “We are thrilled to collaborate with  Calpine Energy Solutions to deliver zero-emission power from Mammoth 2. This PPA represents a significant step forward in our mission to expand geothermal energy capacity while reinforcing Calpine’s commitment to sustainability.” Why This Deal Matters A Look at Ormat and Calpine Energy Solutions The Fut...

Advancing Geothermal                                    Development:  SL B and  Star energy Geothermal Join Forces   By:  Robert Buluma The geothermal energy sector is set to take a major leap forward with the recent announcement of a collaboration agreement between  SLB and  Star energy Geothermal, a subsidiary of Indonesia’s Barito Renewables. This partnership aims to leverage cutting-edge technologies to revolutionize geothermal asset development, enhancing efficiency and economics in an industry critical to the global energy transition . In addition to Geothermal resource developement SLB currently has an advanced geothermal systems fully funded PhD which we find intriguing A Collaboration Rooted in Expertise   Star energy  Geothermal, known for managing 886 MW of installed geothermal electricity capacity, brings decades of expertise in ...

Exploring Buoyancy Effects in Advanced Geothermal Systems: A Fully Funded PhD Opportunity at the University of Sheffield By: Robert Buluma Image: Sheffield Home Garden The global demand for sustainable and scalable renewable energy has positioned geothermal energy as a critical player in the clean energy transition. However, traditional geothermal systems often face geographic limitations, restricting their deployment to specific locations. Enter Advanced Geothermal Systems (AGS)—a revolutionary approach poised to unlock geothermal energy's global potential. If you are passionate about tackling the challenges of geothermal energy and possess a solid background in engineering or applied sciences, the University of Sheffield is offering a fully funded four-year EPSRC iCASE PhD studentship in collaboration with SLB, a leader in energy technology innovation. We reported earlier on on how SLB , formerly Schullumberger joined forces with Ormat in Geothermal energy expeditions The Focus o...

SGeoTHERM 2025: The Ultimate Marketplace for Geothermal Energy By: Robert Buluma The global stage is set for GeoTHERM 2025, Europe’s largest geothermal energy trade fair and congress, taking place from February 20th to 21st at Messe Offenburg, Germany. This highly anticipated event promises to unite industry experts, researchers, students, and citizens, fostering groundbreaking discussions on the potential of geothermal energy in our future energy mix.   A Grand Opening to Set the Stage The event kicks off on February 20th with an inspiring welcome address by Hans-Peter Kopp, Mayor for Finance, Culture, and Social Affairs of Offenburg. The keynote speech by Dr. Andre Baumann, State Secretary at the Ministry of the Environment, Climate, and Energy Economy of Baden-Württemberg, will highlight the importance of geothermal energy in achieving climate goals and accelerating innovation. EGEC, a GeoTHERM affiliated run initiative is on the record of running one of the best yet transp...

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...