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If You Had $1 Billion for Geothermal, Where Should You Invest?

Baker Hughes and Helmerich & Payne Unite to Power the Next Era of U.S. Geothermal Energy

Baker Hughes and H&P Partner to Accelerate U.S. Geothermal Development: A Strategic Shift Toward Scalable Clean Baseload Energy By Robert Buluma | Alphaxioms Energy Insights | 2026 Introduction: A Turning Point for Geothermal Energy in the United States The global energy transition is no longer defined only by solar panels and wind turbines. Beneath the surface, a quieter but far more consistent revolution is unfolding—geothermal energy. On May 20, 2026, a major development signaled that this sector is moving from niche experimentation to industrial-scale deployment. Two heavyweight players in the energy and drilling ecosystem— Baker Hughes and Helmerich & Payne (H&P) —announced a strategic collaboration aimed at accelerating geothermal exploration and development in the United States. At the center of the agreement is a geothermal-capable land drilling rig, purpose-built to reduce delays, lower execution risk, and unlock faster development timelines for geotherma...

Exergy Unveils the Gemini Turbine: A Giant Leap for Large-Scale Geothermal Power Generation

Exergy’s  Gemini Turbine: Redefining the Future of Large-Scale Geothermal Power By:  Robert Buluma In a bold leap forward for geothermal innovation, Exergy International has once again raised the bar with the unveiling of its groundbreaking Gemini Turbine — a next-generation powerhouse that delivers up to 60 MWe on a single shaft . Announced in Olgiate Olona, Italy , the Gemini marks a monumental evolution in Exergy’s proprietary Radial Outflow Turbine (ROT) technology, setting a new benchmark for efficiency, scalability, and cost-effectiveness in large-scale geothermal power generation . The Dual-Engine Revolution At the core of Gemini’s innovation is a reimagined turbine architecture that merges two turbines into one high-capacity unit . Its dual-inlet design allows working fluid to enter symmetrically from both sides, expanding radially outward through a central rotor disk equipped with mirrored rotor stages. This unique configuration achieves unmatched mechanical b...