Alphaxioms Geothermal News and Related Research Globally

The global energy sector is undergoing a radical transformation, with clean, reliable, and sustainable power sources taking center stage. By: Robert Buluma Among these, geothermal energy stands out as an underutilized but highly promising resource that offers baseload power generation with near-zero carbon emissions.   The rise of advanced geothermal technologies has attracted significant investments, especially from big tech companies seeking sustainable energy solutions for their energy-intensive AI data centers. One such company making headlines is XGS Energy, a geothermal startup that recently closed a $13 million equity bridge round and is preparing for a $60 million to $100 million growth round.   This article explores how XGS Energy and other enhanced geothermal system (EGS) startups are revolutionizing the sector, unlocking geothermal energy potential beyond traditional hotspots, and why investors and technology giants are betting big on this clean energy rev...

Teverra's  AI-Driven Innovation Set to Revolutionize Clean Energy Well Drilling  By:  Robert Buluma Department of Energy Awards $1.2 Million Grant for Real-Time Drilling Risk Management  ATLANTA, January 30, 2025 — In a groundbreaking move for clean energy technology, Teverra LLC has secured a $1.2 million grant from the U.S. Department of Energy (DOE). The funding will propel the advancement of Teverra’s Drilling Dynamics Geomechanics (DDG™) technology into real-time capabilities, setting the stage for a transformative era in subsurface drilling operations.   Geothermal drilling, For day ones they will attest that it could take atleast half the amount of coming up with a geothermal power plant. However this is no longer the case when we think of this groundbreaking breakthrough which was recently unearthed Spearheaded by Dr. Hamed Soroush,  Teverra's founder and CEO, this initiative promises to tackle some of the most critical challenges in CO2 stora...

Biden Administration to Boost Geothermal Energy for AI Growth By: Robert Buluma In a groundbreaking move, the Biden administration is set to unveil policies aimed at streamlining permitting processes for geothermal energy development. This effort is part of a broader executive order to bolster infrastructure for AI data centers, signaling the critical role of renewable energy in shaping the future of artificial intelligence.  The proposed measures, expected to be published within a week, highlight the urgency of accelerating approvals for geothermal and nuclear energy projects. Central to the initiative is the establishment of geothermal energy priority zones and a competitive framework for companies to build data centers on federal land. These steps aim to meet the increasing energy demands of AI technologies, which are projected to double current electricity requirements. The Role of Geothermal Energy in AI Infrastructure Geothermal energy, with its low carbon footprint and relia...