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Showing posts from March 16, 2025

Geothermal Energy’s Moment in the Sun – But Black Swans Are Casting Shade

For years, geothermal energy has lingered in the shadows of wind and solar power. Now, it's stepping into the spotlight, attracting big-name investors, political endorsements, and global attention as a reliable, renewable, and baseload power source. By: Robert Buluma However, while geothermal is experiencing an unprecedented rise, a series of unexpected challenges so-called "black swan" events are casting shade over its growth.   In this article, we’ll explore why geothermal is finally getting the recognition it deserves, why former President Donald Trump has endorsed geothermal while dismissing solar and wind, the high-level negotiations within Chevron and BP on integrating geothermal with oil and gas, and the major hurdles geothermal faces along with strategies to overcome them.   The Rising Popularity of Geothermal Energy 1. A Reliable and Baseload Renewable Energy Source  Unlike wind and solar, which depend on weather conditions, geothermal energy provides a...

Fervo Energy’s Potential IPO: A Turning Point for Geothermal Energy

The geothermal energy sector is witnessing a significant transformation , and Fervo Energy is at the forefront of this change.  By: Robert Buluma The innovative geothermal startup, known for integrating oil and gas drilling techniques into geothermal energy production, is considering an initial public offering (IPO) as early as next year. This potential move comes at a time when energy demand from data centers is skyrocketing , driven by artificial intelligence, cloud computing, and the ever-expanding digital economy. The global push for clean, reliable, and scalable energy solutions is creating an unprecedented opportunity for geothermal energy to emerge as a mainstream renewable power source . With substantial financial backing, strategic partnerships, and groundbreaking technology , Fervo Energy is reshaping how geothermal energy is developed and deployed. This article explores Fervo’s journey, its technological innovations, the impact of its IPO on the clean energy market...