Global Geothermal Power: Policies, Funding, Wells, Strengths, Opportunities and Barriers Geothermal is moving into a broader investment cycle. In 2026, the story is no longer limited to volcanic power plants in a few classic markets; it now includes enhanced geothermal systems, closed-loop designs, district heating, superhot rock, lithium from brines and industrial heat. Across the United States, Canada, Germany, the United Kingdom, Australia, New Zealand, Japan, Iceland, France and Italy, the sector is being shaped by a simple question: who is de-risking the first wells, and who is ready to finance the next ones? United States: the next-generation testbed The United States has the broadest geothermal innovation ecosystem in this group, with a mature conventional base in the West and a fast-growing next-generation pipeline. The main policy signal in 2026 is the Department of Energy’s US$171.5 million funding opportunity for next-generation geothermal field-scale tests, exploration...
Eavor & SLB : Unlocking a Revolution in Clean Energy Production By: Robert Buluma Image: The SLB & Eavor Team at Geretsried Imagine a world where energy is not only clean but also consistent, dependable, and accessible worldwide. This vision is becoming a reality, thanks to an innovative partnership between Eavor Technologies and SLB (formerly Schlumberger). Together, they are pioneering a groundbreaking approach to harnessing renewable energy, promising to redefine how we produce and consume power and heat. At the heart of this collaboration lies Eavor 's revolutionary technology, the Eavor-Loop™, a closed-loop geothermal system that is unlike anything seen before. The partnership reached a critical milestone recently at Getesried, the home of the first commercial Eavor-Loop™, where the SLB and Eavor teams met to celebrate this transformative project. What Is the Eavor-Loop™? The Eavor -Loop™ is a closed-loop geothermal system that eliminates the tradi...