Who Is Really Funding Next-Gen Geothermal in 2026? Next-generation geothermal has moved beyond laboratory research into a capital-intensive commercialization phase. In 2026, the most important financing is no longer coming from one investor category: venture capital funds are financing drilling, subsurface modelling and hardware; strategic energy companies are providing equipment, project access and market credibility; banks are beginning to lend against contracted projects; and governments are absorbing exploration and first-of-a-kind technology risk. The strongest financing activity is concentrated in the United States and Canada, but Europe is becoming increasingly important through Germany-based deployment, European Union grants, UK innovation support, and strategic participation from European energy companies. The central investment question is changing from “Can this technology work?” to “Can the developer deliver repeatable, financeable projects at commercial cost?” The 2026 fun...
Unraveling the Mysteries of Geological Reservoirs: PhD Opportunity at the University of Groningen and TuDelft (Civil Engineering and Geosciences) By: Robert Buluma Are you passionate about delving into the complexities of geological reservoirs? Do you have a knack for interdisciplinary research that bridges geoscience with societal impact considerations? If so, the University of Groningen and Tudelft has an exciting opportunity for you! Background Geological reservoirs, vital for energy production and storage, pose a challenge due to their inherent heterogeneity. The University of Groningen is at the forefront of tackling this challenge through the CrossScale project. This project, part of the DeepNL programme funded by the Dutch Research Council, aims to develop a groundbreaking methodology for better reservoir modeling. By understanding and quantifying geological heterogeneities, we can enhance the safety and sustainability of future geoenergy projects. Project Description We are...