Alphaxioms Geothermal News and Related Research Globally

In a world increasingly focused on sustainable energy solutions,  Eavor Technologies has emerged as a trailblazer, redefining the geothermal energy sector with its revolutionary technology.  By:  Robert Buluma The Calgary-based company has developed a unique closed-loop geothermal system, aptly named the Eavor-Loop™, which promises to deliver clean, reliable, and scalable energy without the limitations of traditional geothermal methods. This innovation is not just a scientific breakthrough; it’s a financial and environmental game-changer that has captured the attention of investors, governments, and energy experts worldwide.   The Eavor-Loop™: A Geothermal Marvel   Traditional geothermal energy relies on finding naturally occurring reservoirs of hot water or steam underground, which limits its applicability to specific geographic regions. Eavor’s technology, however, eliminates this constraint by creating an artificial geothermal reservoir. The Eavor-...

Pioneering the Future of Geothermal Energy: Texas Leads the Way with Closed-Loop Systems By: Robert Buluma Vallourec's closed loop concept North of Houston, a transformative geothermal initiative is reshaping the energy sector. NOV, a key player in drilling and completions technology, has successfully completed an 11,500-foot closed-loop geothermal test well, marking a significant step forward in renewable energy development. This project highlights the growing potential of closed-loop geothermal (CLG) systems to redefine energy production. Ejen it comes to Geothermal,Innovation and Technology is key and we have seen alot of new findings lately. Unlocking New Possibilities in Geothermal Energy Unlike conventional geothermal systems that rely on naturally occurring underground water sources, CLG technology operates using a sealed system. A specialized heat transfer fluid circulates through a continuous loop, absorbing heat from deep underground rock formations and transporting it to...

Unleashing the Power of Earth's Heat: NRW's Masterplan Geothermal By: Robert Buluma In a groundbreaking move towards sustainable energy, the state of North Rhine-Westphalia (NRW) unveils its ambitious "Masterplan Geothermie NRW." Spearheaded by the dynamic Wirtschafts- und Klimaschutzministerin Mona Neubaur, this plan promises to revolutionize the region's energy landscape, tapping into the immense potential of geothermal energy as a reliable and carbon-neutral heat source. Given that Geothermal energy has been approved as a vital way of meeting energy needs with policies being approved this blue print is a one way of making Geothermal work Geothermal energy, often overshadowed by its more visible counterparts like solar and wind power, holds remarkable promise in the quest for renewable energy solutions. By harnessing the Earth's natural heat stored beneath its surface, NRW aims to reduce its reliance on fossil fuels and make significant strides towards achie...

Harnessing the Earth's Warmth: Mondelez Ventures into Geothermal Energy for Sustainable Production By: Robert Buluma In a bid to embrace sustainable practices, global food giant Mondelez has set its sights on harnessing the Earth's natural warmth to power its production facilities. Located in the picturesque region of Bad Fallingbostel in the Heidekreis district of Germany, Mondelez's factory churns out an array of delectable treats ranging from cheese varieties to ketchup and mayonnaise. Now, with the recent green light from the State Office for Mining, Energy, and Geology (LBEG), Mondelez is poised to tap into the depths of the Earth for geothermal energy, marking a significant step towards reducing its carbon footprint. The concept is as innovative as it is environmentally conscious. By delving deep into the Earth's crust, Mondelez aims to access the virtually limitless reservoir of heat stored beneath the surface. Unlike traditional heating methods that rely on foss...

Unveiling the Future of Renewable Energy: Whitebark Energy and CeraPhi Energy Join Forces By: Robert Buluma A Ceraphi drilling rig , image source Ceraphi  In a groundbreaking move towards sustainable energy solutions, Whitebark Energy Limited has forged a strategic partnership with international Geothermal Developer CeraPhi Energy. This collaboration signals a significant step forward in Australia's energy transition, particularly in the realm of geothermal power. Whitebark's recent acquisition of an exploration license application for Geothermal Energy (EPG) in the Greater Brisbane and Gold Coast Region sets the stage for a pioneering endeavor. Covering approximately 589 square kilometers, this tenement holds immense potential for the generation and sale of geothermal power, positioning Whitebark as a key player in the region's renewable energy landscape. Central to this partnership is CeraPhi Energy's cutting-edge technology, the CeraPhiWell™. This revolutionary close...

Exploring Investment Opportunities in Kenya's Green Energy Sector: A Guide to KenGen's Onboarding at Olkaria Green Park By: Robert Buluma Are you an investor looking to capitalize on the booming renewable energy market in Kenya? Look no further than KenGen's Greens Energy Park in Olkaria, Naivasha. With continuous onboarding opportunities for strategic investors, KenGen offers a prime location and a supportive environment for sustainable energy projects. Accessing the Opportunity Interested investors can access the submission forms and detailed information about the onboarding process on KenGen's official website, KenGen . Simply navigate to the "Information Center" tab and find the KenGen Green Park registration form. This form serves as the gateway to potentially lucrative investment opportunities in Kenya's renewable energy sector. Submission Requirements To be considered for investment at the KenGen Greens Energy Park, prospective investors must submit...

Unveiling Croatia's Geothermal Future: Cindrigo's Quest for Sustainable Energy By :  Robert Buluma  00:45 Nairobi  In the heart of Croatia's picturesque landscapes lies a venture that promises to reshape the nation's energy future. Cindrigo Holdings, a beacon of renewable energy innovation, is on a mission to unlock the potential of geothermal power with its ambitious Slatina 3 project. Picture this: the rolling hills of Croatia's countryside, where lush greenery meets the horizon, now dotted with the telltale signs of progress. Amidst this serene backdrop, Cindrigo's subsidiary, Dravacel, is making waves in the renewable energy sector by seeking a six-month extension for its exploration license. This pivotal move, aimed at propelling the Slatina 3 project forward, signals a new era of sustainable energy development in Croatia. But why all the buzz? It's simple - geothermal power holds the key to a cleaner, greener future. With its abundance of natural heat ...

Idaho National Laboratory Opens Doors for Private Geothermal Energy Development: A Historic Opportunity By : Robert Buluma The Idaho National Laboratory (INL), a significant site identified under the U.S. Department of Energy's "Cleanup to Clean Energy" initiative, is making history by inviting private developers to lease 2,500 acres of its land for clean energy projects. This marks the first time in 75 years that the INL has opened its doors for private development, showcasing a pivotal shift towards leveraging federal lands for renewable energy generation. The initiative, spearheaded by the DOE and supported by President Biden's ambitious climate goals, aims to repurpose former nuclear sites into hubs for clean energy innovation. With INL's participation, this vision takes a significant step forward, offering a unique opportunity for private entities to contribute to the nation's clean energy transition. The INL's decision to release a Request for Propos...

Exploring Geothermal Energy: Hawaii's Renewable Energy Frontier By :  Robert Buluma In a bold move towards achieving its goal of 100% renewable energy by 2045, Hawaii is venturing into the realm of geothermal energy. With abundant sunshine and wind being intermittent resources, the state is now turning its attention to tapping into geothermal sources to bolster its energy portfolio. The Hawaii State’s Energy Office, led by Chief Energy Officer Mark Glick, is spearheading this initiative. Glick emphasizes the importance of understanding the potential of geothermal energy, stating, "For me, it’s a real priority for this office to better understand how far we can go with geothermal." To kickstart this endeavor, $5 million from COVID federal relief funds have been allocated for conducting slim hole drilling to explore geothermal reservoirs. The focus of this exploration will initially be on Maui, with promising signs indicating the presence of viable geothermal sources along ...

Green Energy Auction: ON Power Seeks Buyers for Sustainable Electricity By  Robert Buluma As the world's focus increasingly turns towards sustainable energy solutions, ON Power, a leading provider of clean electricity, is making waves with its latest initiative. With operations in the Hengill area and Burgarfjordur, ON Power is dedicated to providing sustainable energy solutions for their community needs and beyond. With the expiration of their current contract imminent, ON Power is actively seeking buyers for 150 MW of clean electricity generated from Geothermal and Hydropower plants. Through a European bidding platform, the company aims to secure buyers for the next 2-4 years. CEO Arni Hrannar emphasizes that transparency and fairness will be at the forefront of this process, ensuring that all stakeholders have equal opportunities to participate. "This initiative not only benefits the company but also contributes to a more energy-efficient future for all," states CEO Ar...

Embracing Sustainable Energy: EDC's Geothermal Power Supply to Bohol By  Robert Buluma In a significant stride towards sustainability, Bohol is set to experience a revolution in its energy landscape with the introduction of geothermal power supplied by Energy Development Corporation (EDC), a subsidiary of First Gen Corporation. This shift promises not just affordable electricity but also a greener future for the province and its residents. The decision to tap into geothermal energy stems from the commitment to reduce reliance on traditional fossil fuels like coal and diesel. With EDC's expertise in renewable energy, Bohol is poised to embrace a more environmentally friendly approach to power generation. Geothermal energy harnesses the natural heat from the Earth's core, providing a consistent and reliable source of power. Unlike coal or diesel, which are subject to fluctuating global market prices, geothermal energy offers stability in both production and cost. This stabili...

  Revolutionizing Home Heating and Cooling: Subterra and Enercare's Geothermal Solutions By : Robert Buluma In a world where environmental sustainability is becoming increasingly crucial, innovative solutions are emerging to tackle the challenges of climate change. One such solution is the collaboration between Subterra Renewables and Enercare to launch fully integrated geothermal heating and cooling solutions for residential homes in Canada. Addressing the Climate Crisis, One Home at a Time Homes and buildings are significant contributors to greenhouse gas emissions, particularly in urban areas like Toronto, where they account for up to 60% of emissions. Recognizing this challenge, Subterra and Enercare have joined forces to accelerate building electrification with renewable energy sources such as geothermal. A Pioneering Alliance for Sustainable Living The partnership between Subterra and Enercare brings together expertise in geothermal drilling, exchange system installation, and...

 Poland’s Geothermal Energy Revolution: A Promising Path to Diversification By  Robert Buluma In recent years, Poland has been navigating a significant transformation in its energy landscape. As the nation grapples with the imperative to reduce reliance on coal and combat climate change, a burgeoning interest in renewable energy sources has emerged. Among these sources, geothermal energy stands out as a promising avenue for diversification and sustainability. Embracing Renewables and Nuclear: Poland’s Energy Strategy Against the backdrop of Europe's energy crisis and geopolitical tensions, Poland has underscored the importance of diversifying its energy mix. While renewables and nuclear energy have emerged as key pillars of Poland’s energy strategy, recent developments suggest a growing recognition of the potential of geothermal energy.  Geothermal Progress in Poland Poland’s geothermal energy capacity has been steadily increasing, with the country currently boasting 129 ...

Unveiling the Future of Sustainable Energy: Highlights to the 5th Iceland Geothermal Conference (IGC2024) to be conducted in May In the heart of Reykjavík, Iceland, the 5th Iceland Geothermal Conference (IGC2024) to be convened, igniting discussions and collaborations aimed at reshaping our energy landscape towards a sustainable future. Hosted by the Iceland Renewable Energy Cluster, this conference will serve as a nexus for industry leaders, innovators, and visionaries to explore the boundless potential of geothermal energy in addressing global challenges such as climate change, energy security, and economic prosperity. Climate Resilience: One of the key themes to be echoed throughout the conference is the pivotal role of geothermal energy in enhancing climate resilience. Delegates will delve into how geothermal resources offer a renewable alternative to fossil fuels, significantly reducing greenhouse gas emissions and ensuring a stable energy supply. By harnessing the earth's nat...

Harnessing Geothermal Energy: A Sustainable Solution for Manitoba's Heating Needs In the heart of Canada's prairie province of Manitoba, a quiet revolution is brewing in the realm of energy sustainability. As concerns over climate change escalate and the need for eco-friendly alternatives intensifies, Manitoba's Climate Action Team (CAT) is leading the charge for a greener future by advocating for the widespread adoption of geothermal heating systems. The Case for Geothermal Energy At the forefront of this movement is the recognition that traditional heating methods, such as natural gas, are no longer viable in the face of a rapidly changing climate. With winters becoming harsher and energy demands soaring, Manitoba Hydro faces the challenge of meeting the province's heating needs sustainably. Enter geothermal energy – a renewable and carbon-free solution that harnesses the Earth's natural heat to provide warmth year-round. Unlike fossil fuels, geothermal energy emi...

  Embracing Geothermal Energy: Miami University's Sustainable Campus Transformation Miami University of Ohio is leading the charge in sustainable campus initiatives with its groundbreaking project to harness geothermal energy for heating and cooling systems. This ambitious endeavor marks a significant step towards reducing the university's carbon footprint and transitioning away from fossil fuel dependency. With a history dating back 215 years, Miami University has long been committed to academic excellence and now, it is equally dedicated to environmental stewardship. The decision to tap into geothermal energy reflects the institution's proactive approach to addressing climate change and embracing renewable energy solutions. The project involves drilling more than 500 wells, each nearly 850 feet deep, to access the earth's geothermal energy. By tapping into this natural heat source, the university aims to replace its fossil-powered steam systems with carbon-neutral ene...

Ormat gets PPA for Expanded Geothermal Capacity at Puna, Hawaii Ormat Technologies, a leading renewable energy company, has achieved a significant milestone in its mission to provide clean and sustainable power to Hawaii's Big Island. Recently, the Hawai’i Public Utilities Commission (HPUC) granted approval for amendments to the Power Purchase Agreement (PPA), enabling Ormat's subsidiary, Puna Geothermal Venture (PGV), to deliver an additional 8 MW of geothermal energy to the region. This expansion brings the total geothermal capacity at Puna to 46 MW, reinforcing Hawaii's commitment to renewable energy initiatives. The approval from HPUC comes on the heels of the successful completion of the Environmental Impact Statement (EIS) for PGV's operations in Puna, underscoring the company's dedication to environmental stewardship and compliance with regulatory standards. One of the key highlights of the newly revised PPA is the consolidation of two existing agreements int...

Toyota Tsusho's $180 Billion Investment Sparks Geothermal Revolution in Kenya In a move set to revolutionize Kenya's energy landscape, Toyota Tsusho Corporation has announced a staggering $180 billion investment in the Menengai Geothermal Plant. This bold initiative underscores the company's commitment to sustainable development and signals a significant milestone in the nation's journey towards energy independence. A Paradigm Shift in Energy Investment Toyota Tsusho's monumental investment in the Menengai Geothermal Plant marks a paradigm shift in the global energy sector. With a focus on harnessing the Earth's natural heat reservoirs, the project promises to deliver clean, reliable, and renewable energy to millions of households and businesses across Kenya. Unlocking the Potential of Geothermal Energy Geothermal energy has long been hailed as a game-changer in the quest for sustainable energy solutions. By tapping into the vast geothermal resources beneath the...