Alphaxioms Geothermal News and Related Research Globally

Teverra's  AI-Driven Innovation Set to Revolutionize Clean Energy Well Drilling  By:  Robert Buluma Department of Energy Awards $1.2 Million Grant for Real-Time Drilling Risk Management  ATLANTA, January 30, 2025 — In a groundbreaking move for clean energy technology, Teverra LLC has secured a $1.2 million grant from the U.S. Department of Energy (DOE). The funding will propel the advancement of Teverra’s Drilling Dynamics Geomechanics (DDG™) technology into real-time capabilities, setting the stage for a transformative era in subsurface drilling operations.   Geothermal drilling, For day ones they will attest that it could take atleast half the amount of coming up with a geothermal power plant. However this is no longer the case when we think of this groundbreaking breakthrough which was recently unearthed Spearheaded by Dr. Hamed Soroush,  Teverra's founder and CEO, this initiative promises to tackle some of the most critical challenges in CO2 stora...

Unveiling Tomorrow's Energy Solutions: Permian Energy Development Lab and Teverra Join Forces By : Robert Buluma In the vast expanse of the Permian Basin, where oil and innovation flow in equal measure, a groundbreaking partnership has emerged to redefine the future of energy. Enter the Permian Energy Development Lab (PEDL) and Teverra, two visionary entities united by a shared commitment to pioneering advanced energy solutions. Hot off the press from the heart of Odessa, Texas, comes the announcement of a strategic alliance poised to revolutionize the energy landscape. With Teverra's expertise in geothermal energy, carbon storage, and cleaner oil and gas solutions, coupled with PEDL's dedication to research and collaboration, the stage is set for an electrifying journey towards sustainable energy. Teverra, a trailblazing technology company, has already marked its territory with a recent triumph—a coveted contract with Colorado to conduct a sweeping analysis of geothermal r...

Unveiling Colorado's Geothermal Potential: Teverra Awarded Statewide Study Colorado, renowned for its stunning landscapes and progressive energy initiatives, is now embarking on a new frontier in renewable energy exploration. With a rich history in mining and hydrocarbon production, alongside recent strides in wind and solar power, Colorado is now turning its attention to geothermal energy. Teverra, a pioneering clean energy company based in Atlanta, has been awarded a groundbreaking contract by the Colorado Energy and Carbon Management Commission (ECMC) to conduct a comprehensive geothermal evaluation across the state. Exploring Geothermal Opportunities: The initiative aims to assess and quantify Colorado's geothermal resources, leveraging Teverra's expertise in subsurface solutions and advanced geomechanics. Joseph Batir, Geothermal Lead at Teverra, expresses enthusiasm for the project, emphasizing its potential to contribute to Colorado's energy legacy while advancin...