ALPHAXIOMS Geothermal News & Energy Research

Exclusive Expert Insights on Superhot Resources, Cost Barriers, Africa’s Growth, and the Next Era of Geothermal Energy By : Robert Buluma   Image:Bruce Gatherer, Geothermal Drilling Business Development & Operations Advisor at Iceland Drilling Company, and Sveinn Hannesson, CEO, who provided the expert insights behind this exclusive interview. Geothermal energy is entering a new and far more extreme frontier. As the global energy transition accelerates, attention is shifting from conventional hydrothermal systems to superhot, ultra-deep, and engineered geothermal systems that promise dramatically higher energy yields and broader geographic applicability. In this exclusive expert exchange,  Iceland Drilling Company  shares detailed insights on the future of geothermal drilling,covering technical frontiers, cost structures, workforce challenges, Africa’s geothermal opportunity, oil and gas crossover, digitalization, partnerships, and what the next 10–15 years may hold f...

Utica Shale Geothermal Breakthrough Redefines America’s Clean Energy Future By: Robert Buluma The United States is preparing to test one of the most ambitious geothermal energy demonstrations ever attempted in the eastern part of the country. In a move that could fundamentally reshape how abandoned and active oil and gas infrastructure is utilized, the US Department of Energy (DOE) has announced a $14 million Enhanced Geothermal Systems (EGS) demonstration project targeting the prolific Utica Shale formation in Pennsylvania. At first glance, the announcement may appear like another government-backed energy research initiative. But beneath the surface lies something far more transformative: the possible birth of a new geothermal frontier built directly on the foundations of America’s shale revolution. For decades, geothermal power in the United States has largely been associated with the western states—California, Nevada, Utah, and parts of Idaho—where naturally occurring geothermal...

GEL Secures ABN AMRO Financing to Scale UK Geothermal Lithium Revolution By:  Robert Buluma A defining moment for geothermal energy and critical minerals in Britain The United Kingdom is quietly entering a new energy chapter—one where heat from deep beneath the Earth is no longer just a scientific curiosity, but a practical source of electricity and critical minerals. The latest development from marks one of the most significant milestones yet in this transition. The company has secured £10 million in financing from to accelerate the expansion of its geothermal power and lithium production operations in Cornwall. This is not just another funding announcement. It represents a strategic alignment between finance, energy security, and the global race for critical minerals. At the center of this transformation is a simple but powerful idea: geothermal energy can do more than generate electricity—it can also unlock lithium from naturally heated underground brines, turning clean h...

Madrid Breaks Ground with High-Temperature Geothermal Power Exploration By:  Robert Buluma Introduction For decades, Spain’s geothermal ambitions have largely revolved around the volcanic landscapes of the Canary Islands. The intense underground heat generated by tectonic and volcanic activity made the islands the natural frontier for geothermal research and energy development. But in a surprising and potentially transformative move, the Community of Madrid has now stepped into the geothermal spotlight with a bold initiative that could redefine Spain’s renewable energy future. In a historic announcement published on May 4, 2026, the regional government of Madrid revealed that it has become the first mainland region in Spain to investigate high-enthalpy geothermal energy for electricity generation. This development marks a major milestone not only for Madrid but also for Europe’s broader clean energy transition. The project, known as  Cibeles , seeks to evaluate the geothermal ...

ENNA Geo Forges Critical Partnership with STEAM : A New Chapter for Geothermal Development at Zagocha By : Robert Buluma   In a strategic move that signals maturity and ambition, emerging geothermal developer ENNA has formalized a landmark collaboration with global technical advisory firm STEAM. The partnership, announced this week, positions STEAM as the Owner’s Engineer for ENNA’s flagship Zagocha geothermal project—a development that could redefine renewable energy benchmarks in the region. For an industry where technical de-risking is the single greatest determinant of success, the appointment of an Owner’s Engineer is never routine. It is, instead, a declaration of intent. And with STEAM bringing operational experience from over 30 countries in the past decade alone, the message from ENNA is clear: the Zagocha project is moving beyond feasibility and into the disciplined, exacting phase of execution. The Strategic Logic Behind the Owner’s Engineer In large-scale energy infr...