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Sage Geosystems’ Project Vector: EGS at Ormat Blue Mountain Plant

By Robert Buluma Alphaxioms
Sage Geosystems Selects Ormat’s Blue Mountain Plant for Project Vector: a Major Step Toward Commercial EGS Sage Geosystems will deploy its proprietary EGS technology at Ormat’s Blue Mountain power plant in Nevada for Project Vector, targeting first electricity in 2027 and full-scale production in 2028. The two-well project aims to deliver firm, 24/7 geothermal power with lower water losses and higher net output,advancing commercial EGS, validating GeoTwin predictive modeling, and strengthening strategic ties with Ormat amid growing corporate demand for reliable baseload clean energy. Why this matters Sage Geosystems’ selection of Ormat Technologies’ Blue Mountain geothermal plant for Project Vector represents a pivotal demonstration of commercial-scale enhanced geothermal systems (EGS) integrated into existing power infrastructure. The decision leverages an established plant to reduce non-core capital, accelerate timeline risk reduction, and prioritize validation of subsurface engineer...
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Sanborn Expands Geothermal Surveying for Clean Energy Growth

By Robert Buluma Alphaxioms
Sanborn Expands Geothermal Surveying to Accelerate Clean Energy Exploration in the United States By: Robert Buluma Introduction: A New Push Toward Subsurface Clarity The global energy transition is increasingly being shaped not just by how we generate electricity, but by how deeply we understand what lies beneath the Earth’s surface. In this context, geothermal energy has emerged as one of the most promising yet underutilized renewable resources. Unlike solar or wind, geothermal power offers constant baseload energy, independent of weather conditions or time of day. However, its development hinges on one critical factor: accurate subsurface data. In early May 2026, a significant development in this space was announced. Sanborn , through its subsidiary EDCON-PRJ, Inc., revealed an expansion of its geothermal surveying operations across the western United States. This move is not just a routine business expansion; it reflects a growing recognition that advanced geophysical mapping is ...
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Unlocking the Heat Beneath the Humber: Geothermal’s Rise in Britain’s Industrial Heartland

By Robert Buluma Alphaxioms
Unlocking the Earth's Heat: The Promise of Geothermal Energy in the UK's Humber Region By:  Robert Buluma Geothermal energy, harnessed from the natural heat stored beneath the Earth's surface, represents one of the most reliable and sustainable renewable resources available today. Unlike solar or wind power, which depend on weather conditions, geothermal provides a constant, baseload energy supply that operates 24/7. This makes it particularly valuable for industrial applications, where consistent heat and power are essential. In the context of global efforts to combat climate change, geothermal energy stands out for its ability to significantly reduce carbon emissions without the intermittency issues plaguing other renewables. At its core, geothermal energy involves tapping into hot water or steam reservoirs deep underground. These resources can be used directly for heating or to generate electricity through turbines. Geothermal systems can cut CO2 emissions by up to 90% c...
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Switzerland’s Geothermal Pioneer Riehen Seeks CHF 15.2 Million to Double Down on Clean Heat

By Robert Buluma Alphaxioms
Riehen Advances Geothermal Future: Loan Application for Major District Heating Expansion By: In the picturesque border municipality of Riehen, near Basel, Switzerland, a significant step forward in sustainable energy is underway. On March 5, 2026, the Government of the Canton of Basel-Stadt and the Municipality of Riehen jointly submitted a request to their respective parliaments: approve a conditionally repayable loan totaling CHF 15.2 million (approximately USD 19.4 million at current rates) to support the expansion of the local geothermal district heating network. Each entity—canton and municipality—proposes to provide CHF 7.6 million to the  Wärmeverbund Riehen AG (WVR) , the operator of the system. This funding targets the ambitious “geo2riehen” project, which aims to scale up one of Switzerland’s oldest and most successful deep geothermal heating operations. Riehen has been a geothermal pioneer since 1994, when its first plant began delivering renewable heat extracted from de...
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Quaise Energy Secures $200 Million to Unlock Superhot Geothermal Power in Oregon

By Robert Buluma Alphaxioms
Quaise Energy's Ambitious $200 Million Raise: Paving the Way for Superhot Geothermal Revolution By: Robert Buluma Welcome back to Alphaxioms Geothermal News, your go-to source for the latest breakthroughs in sustainable energy from the heart of geothermal innovation. As we dive into March 2026, the geothermal sector is heating up—literally—with exciting developments that could reshape our global energy landscape. Today, we're spotlighting Quaise Energy , a Houston-based startup that's making waves (millimeter waves, to be precise) in the quest for unlimited clean power. The company is in the process of raising approximately $200 million to fund its groundbreaking first commercial geothermal power plant in Oregon. This move not only underscores the growing investor confidence in next-generation geothermal technologies but also positions Quaise as a frontrunner in unlocking terawatt-scale energy from deep beneath the Earth's surface. For those new to the geothermal scene...
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CeraPhi Energy to Quietly Heat 460-Year-Old Kentwell Hall with Invisible Deep Geothermal

By Robert Buluma Alphaxioms
A 400-Year-Old Tudor Mansion Just Chose Next-Gen Geothermal  And It Changes Everything Posted by  Robert Buluma | December 11, 2025 Deep in the rolling countryside of Suffolk, England, stands Kentwell Hall ,a moated, red-brick Tudor masterpiece built in 1563, complete with octagonal guard towers, a 16th-century long gallery, and gardens that have hosted queens. For centuries it has been heated (if you can call it that) by a wheezing, century-old oil boiler that gulps thousands of litres of heating oil every winter yet still leaves the 400-year-old rooms chilly and the fuel bills astronomical. That is about to change , dramatically, invisibly, and permanently. This week it was announced that Kentwell Hall has selected CeraPhi Energy , a British deep-geothermal pioneer, to carry out a world-first feasibility study and, if successful, install a closed-loop deep geothermal heating system that will make the entire estate net-zero with almost zero visible impact on the Grade I list...
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Europe’s First Geothermal Lithium Revolution: EIB Injects €250 Million into Vulcan’s Zero-Carbon Lionheart Project

By Robert Buluma Alphaxioms
Europe Takes a Giant Leap Toward Lithium Independence: EIB Backs Vulcan Energy’s €2 Billion Lionheart Project with €250 Million By: Robert Buluma 3 December 2025 – In a move that could reshape Europe’s battery and electric-vehicle future, the European Investment Bank (EIB) has just signed a landmark €250 million financing agreement with Australian-German company Vulcan Energy for Phase One of the Lionheart Project in Germany’s Upper Rhine Valley. This isn’t just another mining project. It’s Europe’s first commercial-scale Direct Lithium Extraction (DLE) operation that simultaneously produces battery-grade lithium and renewable geothermal heat and power – all with a net-zero carbon footprint. Why this matters for Europe Lithium is classified as both a critical and strategic raw material under the EU’s Critical Raw Materials Act.   Europe currently imports >95% of its battery-grade lithium, mostly from Australia, Chile and China.   By 2030, the EU’s demand for lit...
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SLB and Ormat Join Forces to Accelerate Next-Generation Geothermal Development

By Robert Buluma Alphaxioms
A groundbreaking partnership to commercialize Enhanced Geothermal Systems (EGS) and redefine clean energy for the AI era By:  Robert Buluma In a major leap for global clean energy innovation, SLB  (NYSE: SLB) and Ormat  Technologies (NYSE: ORA) have announced a strategic partnership aimed at fast-tracking the development and deployment of integrated geothermal assets , including Enhanced Geothermal Systems (EGS)   the next frontier in geothermal technology. Unveiled on October 27, 2025 , this collaboration brings together SLB’s deep expertise in subsurface engineering and well construction with Ormat’s six-decade legacy in geothermal power plant development and operations . The goal? To unlock the Earth’s untapped heat potential and make geothermal energy accessible far beyond conventional hydrothermal hotspots. 🔥 The Future of Geothermal: Enhanced Geothermal Systems (EGS) Traditional geothermal relies on naturally occurring steam or hot water reservoirs. E...
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Turboden to Deliver 180 MW of Gen-2 ORC Plants for Fervo’s Cape Station Geothermal Project in Utah

By Robert Buluma Alphaxioms
Turboden ,  Fervo and the Future of Geothermal: 180 MW of Gen-2 ORC Plants for Cape Station, Utah By:  Robert Buluma October 2, 2025    In a landmark move for clean energy and geothermal power, Turboden America LLC   the U.S. arm of Turboden S.p.A. (a Mitsubishi Heavy Industries group company)  has been selected to supply 180 MW of Gen-2 Organic Rankine Cycle (ORC) power plants for Fervo Energy’s Cape Station geothermal project in Utah. A New Milestone in Geothermal Deployment This award relates to Phase II of the Cape Station development, following  Turboden’s earlier participation in Phase I. Under Phase II, Turboden will provide three ORC units , each with a gross output of 60 MWe, summing to 180 MWe. Once installed and operational (targeted by 2028), these Gen-2 units will bring the total ORC capacity on site to 300 MWe , making Cape Station one of the largest geothermal installations globally. The earlier Phase I installation, invol...
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INTERVIEW, Geretsried and Beyond: Eavor’s Blueprint for Reliable, Sustainable Energy

By Robert Buluma Alphaxioms
Robert Buluma :  Alphaxioms Responses were provided by Jeanine Vany, Executive Vice-President of Corporate Affairs, Eavor . Can you explain the key technological advancements in the latest iteration of the Eavor-Loop™ system? We have made a number of technological advancements at our project in Geretsried Germany . This includes innovation and learning resulting in dramatic improvements in our drilling performance and we’re proud to talk about our technology. For example, Eavor recently announced successful implementation of our in-house AMR (active magnetic ranging) tool which makes drilling more accurate and efficient. Eavor-Link™ AMR uses magnetic ranging while drilling to maintain constant alignment as it drills two wells at approximately 100 metres apart before they are intersected to create a continuous geothermal loop, which is then sealed with Eavor’s proprietary Rock-Pipe™ formula. With real-time data transmission between downhole sensors, the technology ensures tighter bo...
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Vulcan Energy Starts Lionheart 30MW Geothermal & 24,000tpa Lithium Plant , Landau

By Robert Buluma Alphaxioms
Vulcan Energy Kicks Off Civil Works at Lionheart: Europe’s Flagship Geothermal + Lithium Plant Starts Rising in Landau Image: The vulcan Lionheart project in Landau, Upper Rhine Graben  Vulcan Energy Resources has started civil construction on its 30 MW Lionheart Geothermal Power Plant in Landau, Germany a milestone that turns engineering blueprints into concrete reality for one of Europe’s most ambitious integrated geothermal and direct lithium extraction (DLE) projects. The first concrete layers are down, foundations are being formed, and supporting infrastructure works are under way. For stakeholders across the clean‑energy and critical minerals value chains, Lionheart represents far more than a single power station: it’s a demonstration of industrial symbiosis, price resilience, and a pathway to decarbonized battery supply chains in Europe. Why Landau matters: location, geology, and industrial context Landau sits in the Upper Rhine Graben, a tectonic trough with a favorable geo...
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The "Heat-as-a-Service" (HaaS) Business Model: Geothermal Without the CAPEX Nightmare

By Robert Buluma Alphaxioms
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 ...
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Sage Geosystems’ Project Vector: EGS at Ormat Blue Mountain Plant

By Robert Buluma Alphaxioms
Sage Geosystems Selects Ormat’s Blue Mountain Plant for Project Vector: a Major Step Toward Commercial EGS Sage Geosystems will deploy its proprietary EGS technology at Ormat’s Blue Mountain power plant in Nevada for Project Vector, targeting first electricity in 2027 and full-scale production in 2028. The two-well project aims to deliver firm, 24/7 geothermal power with lower water losses and higher net output,advancing commercial EGS, validating GeoTwin predictive modeling, and strengthening strategic ties with Ormat amid growing corporate demand for reliable baseload clean energy. Why this matters Sage Geosystems’ selection of Ormat Technologies’ Blue Mountain geothermal plant for Project Vector represents a pivotal demonstration of commercial-scale enhanced geothermal systems (EGS) integrated into existing power infrastructure. The decision leverages an established plant to reduce non-core capital, accelerate timeline risk reduction, and prioritize validation of subsurface engineer...
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Fervo and Google Sign Record 396 MW Geothermal Deal for Utah Data Center Power.

By Robert Buluma Alphaxioms
Fervo and Google sign world’s largest deal for next-gen geothermal power Fervo Energy’s latest agreement with Google is a major milestone for next-generation geothermal and a clear sign that big tech is getting more serious about 24/7 clean power. The deal covers 396 MW from Fervo’s Cape Station project in Utah, with the option for Google to expand its commitment later, potentially pushing the relationship much closer to gigawatt scale.   For the geothermal sector, the significance goes beyond one contract. It is a public validation that enhanced geothermal systems can attract a blue-chip corporate buyer at a size usually associated with utility-scale solar, wind, gas, or nuclear procurement. For Google, it strengthens a strategy centered on securing always-available, carbon-free electricity for future data center growth.   Fervo’s announcement also lands at a moment when electricity demand is rising fast, especially from artificial intelligence infrastructure. Tha...
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Geothermal Well Cost 2026: Country Benchmarks, Drilling Costs per Meter, Depth & Reservoir Risk, and Investment Insights

By Robert Buluma Alphaxioms
Geothermal Well Cost by Country (2026): Drivers, Benchmarks, and Investment Implications image: a thematic image of a geothermal field Geothermal drilling remains one of the most capital‑intensive steps in developing clean, dispatchable energy. In 2026 the headline fact is familiar: drilling costs vary sharply between countries and projects. But the deeper story is about why those costs vary, which factors are controllable, and how investors, developers, and policymakers should interpret country‑level benchmarks. This article explains the technical and commercial drivers behind geothermal well expense, surveys the cost landscape across major geothermal markets in 2026, illustrates the dynamics with project examples and recent performance data, and offers practical recommendations for modeling, financing, and policy design. Why geothermal wells are expensive Drilling a geothermal well is not simply “digging a hole.” It is a technically complex, multi‑phase process that combines explorat...
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Geothermal Rare Earth Elements from Brines: Unlocking Critical Minerals, Lithium, and Strategic Metals from Clean Geothermal Energy

By Robert Buluma Alphaxioms
Geothermal brines can become a meaningful source of rare earth elements (REEs) and other critical minerals, but the industry is still in an early, pre‐commercial phase where technology, economics, and policy need to align.  Why Geothermal Brines Matter for Critical Minerals Geothermal systems circulate hot, mineral-rich fluids through crustal rocks, dissolving metals and concentrating them in brines that already flow through wells for power and heat. Unlike conventional mining, which moves huge volumes of rock, geothermal operations tap fluids that are already being pumped, monitored, and handled for energy production.  Several factors make geothermal brines attractive for critical minerals: - They contain lithium, REEs, and other valuable metals at trace to moderate concentrations. - Infrastructure (wells, pipelines, power plants) already exists at many sites. - Co-production of minerals with baseload renewable energy lowers the carbon footprint of supply chains.  For co...
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TEVERRA Joins Alaska DOE Geothermal Initiative to Reduce Risk

By Robert Buluma Alphaxioms
TEVERRA Joins $5 Million DOE Geothermal Initiative in Alaska Alaska is entering an important new phase in its geothermal energy development, with TEVERRA joining a $5 million U.S. Department of Energy-supported initiative focused on accelerating geothermal development across the state. The project brings together researchers, government geoscientists and private-sector subsurface specialists from the University of Alaska Fairbanks (UAF), University of Alaska Anchorage (UAA), Alaska Division of Geological & Geophysical Surveys (DGGS), TEVERRA and Logic Geophysics. At the center of the initiative is a challenge that has constrained geothermal development in many parts of the world: the subsurface is difficult to understand before expensive drilling begins. For Alaska, where geothermal resources are distributed across a vast and geologically complex landscape, improving the quality of geological, geophysical and geomechanical information could become an important step toward identifyi...
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Mazama Energy Raises $135M for Superhot Geothermal Power

By Robert Buluma Alphaxioms
Mazama Energy Raises $135M to Drill Superhot Geothermal Wells for AI Power Mazama Energy’s new $135 million Series B is a major signal that superhot geothermal is moving from frontier science toward real commercial deployment. The company says the capital will help it drill deeper, develop horizontal wells in superhot rock, and move closer to generating electricity next year from its Oregon project.   Mazama Energy’s $135 Million Funding Round Mazama Energy announced an oversubscribed Series B totaling $135 million, with backing from major climate and energy investors. The round was led by Centaurus Capital and Doerr Capital, and it also drew participation from ConocoPhillips, Shell Ventures, Khosla Ventures, Gates Frontier, SiteGround Capital, H. Barton Asset Management, and the Jeffrey and Marieke Rothschild Foundation.   That investor mix matters because it shows geothermal is attracting both traditional energy capital and venture investors. The company was incuba...
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Best US States for Geothermal Investment in 2026: Top Markets, Growth Opportunities, and Investor Insights

By Robert Buluma Alphaxioms
Best US States for Geothermal Investment The best US states for geothermal investment are California, Nevada, Utah, New Mexico, and Texas, with Oregon, Idaho, Alaska, and Arizona also offering attractive upside depending on whether you want operating assets, early-stage development, or next-generation geothermal exposure. Geothermal is becoming a broader investment story than it was a few years ago. Stronger drilling methods, rising demand for firm clean power, and more state-level policy support are widening the field beyond the traditional western hot spots. Introduction For investors , geothermal is one of the few clean energy technologies that can deliver round-the-clock power with a relatively small land footprint. That reliability is a big advantage in a market where utilities, data centers, and industrial customers increasingly want clean electricity that behaves more like conventional baseload generation. The challenge is that geothermal is highly location-dependent. The qualit...
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Top 10 Critical Geothermal Energy Problems Costs Risks Seismicity

By Robert Buluma Alphaxioms
Top 10 Geothermal Problems: Why a 24/7 Resource Still Struggles to Scale Image credit : Fida, C.E.O Geosilica... This is what scaling looks like downhole in geothermal pipes Intelligence; Strategy for the Geothermal Decade Geothermal energy is often presented as the clean firm resource that can support a renewable electricity system around the clock. It does not depend on sunshine, it can operate through calm weather, and it can provide heat and power for decades. Kenya already relies heavily on geothermal generation , Iceland uses geothermal heat across its economy, and next generation developers are now signing large power contracts with technology companies seeking reliable carbon free electricity. Yet the global geothermal sector remains small compared with solar and wind, with installed electricity capacity still near 16 GW.  That gap is not caused by one obstacle. It is produced by a chain of interlocking problems involving geology, drilling, finance, permitting, public acce...
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