ALPHAXIOMS Geothermal News & Energy Research

Heat-as-a-Service takes geothermal from a capital-intensive power project to a financeable, contract-based heat utility: instead of selling electrons, you sell stable, decarbonized heat under long-term contracts that match what industrial customers and investors actually want. Image: A thematic picture of a geothermal power plant By shifting risk and ownership away from end users and toward specialised developers and infrastructure capital, it can unlock geothermal in markets where electricity tariffs are low but demand for reliable, low-carbon process heat is strong. From kWh to “heat-as-a-service” Traditional geothermal projects earn revenue by selling electricity into a grid, often at wholesale prices that barely cover high up-front drilling and plant costs unless there is a feed-in tariff or premium.Many industrial users, however, do not need electricity; they need heat for processes like brewing, greenhouse climate control or pulp and paper production, and they currently buy that ...

Bill Gates-backed Baseload Capital has commissioned its second geothermal power plant in Japan, marking further expansion into a market with significant untapped geothermal resources. By : Robert Buluma   Image :  Kazuyuki Akaishi, manager at Furusato Netsuden and Anders Helling, CEO at Baseload Capital. Press photo ., Credit :  Imapct loop The Waita Model: How a Swedish-Backed Startup Just Cracked Japan's Geothermal Code KUMAMOTO / STOCKHOLM — In the misty highlands of Kumamoto Prefecture, on the southern island of Kyushu, a quiet revolution in renewable energy has just switched on. On June 4, 2026, Stockholm-based  Baseload Capital officially commissioned its second geothermal power plant in Japan: Waita No. 2. While a 4.995 MW facility might seem modest compared to a nuclear reactor or an offshore wind farm, the financial and political ramifications of this event are seismic. For decades, Japan has been described as the "Saudi Arabia of geothermal." The archipel...