ALPHAXIOMS Geothermal News & Energy Research

Inside a Geothermal Startup’s Mind: Strategy, Funding, Ethics, and the Brutal Race to Commercialize This interview was done by Robert Buluma on behalf of Alphaxioms  Image:  The Interviewee, Dr.  Hamed Soroush is the Founder and President at Teverra  There’s a certain kind of silence that exists inside fast-growing startups. Not the quiet of peace, but the quiet of pressure . It’s the silence of teams racing to commercialize before competitors arrive. The silence of founders balancing mission and survival. The silence of a clean energy industry that desperately needs success stories… but is still learning how to measure them. In this one-on-one interview, we explore what it really takes to build a geothermal-driven clean energy company in today’s market, from strategic decisions and funding discipline to leadership, ethics, and the painful sacrifices behind growth. 1)  Vision & Strategy: “Speed Is Everything” Q:   Teverra  has grown rapidly, but co...

Constellation–Calpine Merger: Why Geothermal and Firm Clean Power Now Matter More Than Ever By: Robert Buluma The U.S. electricity sector is entering a defining moment, one where scale, regulatory scrutiny, and the search for firm clean power, are converging. The approval of Constellation’s $26.6 billion acquisition of Calpine is not just a headline-grabbing merger; it is a powerful signal about the future structure of power markets and the growing strategic value of geothermal energy and other always-on renewables. As federal regulators force divestments, allow unprecedented scale, and reassert antitrust authority, one question becomes unavoidable: **where does geothermal fit in a power system increasingly dominated by mega-utilities? The Deal,and Why It Matters for Clean Baseload To close the acquisition, Constellation agreed to divest six power plants and a minority stake in a seventh across Texas, Pennsylvania, and Delaware. These concessions were demanded by federal regulators c...

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...

Geothermal Technology Office  and  ConnectWerx Launch $19 Million Initiative to Enhance Regional Geothermal Data Collection By: Robert Buluma The U.S. Department of Energy's (DOE) Geothermal Technologies Office (GTO) , in collaboration with ConnectWerx , has announced a substantial funding opportunity aimed at strengthening geothermal data collection across various U.S. regions. This $19 million initiative seeks to identify and address regional data gaps, thereby promoting further geothermal exploration and development. The US Department of Energy has been very much supportive in Geothermal Energy fasttracking  initiatives that  are rewriting the geothermal energy saga globally with proven yet nerve shredding unveiling unfoldings in this less known yet very much instrumental industry Objective of the Initiative The primary goal of this funding opportunity is to establish regional partnerships that will: - Identify existing gaps in geothermal data. - Prioritize and p...

Heating Things Up: Superhot Rock Research Unlocking Geothermal Potential By: Robert Buluma Image: This stones, the tranchyte family ...magical when underneath In the shadow of Oregon's Newberry Volcano, a groundbreaking venture is reshaping the future of renewable energy. With heat trapped deep within the Earth's crust, superhot rock geothermal resources offer an extraordinary opportunity to redefine how we produce electricity. The Geothermal Technologies Office (GTO), with the support of the Bipartisan Infrastructure Law (BIL), is at the forefront of this transformation, aiming to harness the immense potential of superhot geothermal systems.   Earlier on we had reported on how Mazama Energy had received funding from US Department of Energy  , This funding had streched into Fervo Energy and Chevron New Energies.  Why Superhot Rocks Matter Did you know that just 1% of the U.S.'s superhot rock geothermal potential could produce 4.3 terawatts of electricity—nearly four ...

Biden Administration to Boost Geothermal Energy for AI Growth By: Robert Buluma In a groundbreaking move, the Biden administration is set to unveil policies aimed at streamlining permitting processes for geothermal energy development. This effort is part of a broader executive order to bolster infrastructure for AI data centers, signaling the critical role of renewable energy in shaping the future of artificial intelligence.  The proposed measures, expected to be published within a week, highlight the urgency of accelerating approvals for geothermal and nuclear energy projects. Central to the initiative is the establishment of geothermal energy priority zones and a competitive framework for companies to build data centers on federal land. These steps aim to meet the increasing energy demands of AI technologies, which are projected to double current electricity requirements. The Role of Geothermal Energy in AI Infrastructure Geothermal energy, with its low carbon footprint and relia...

Sage Geosystems and Meta Unveil a Groundbreaking Geothermal Power Partnership: A New Era of Clean Energy Innovation By: Robert Buluma In an unprecedented move that promises to reshape the landscape of renewable energy in the United States, Sage Geosystems (Sage) and Meta Platforms, Inc. (Meta) have announced a pioneering agreement to harness the power of next-generation geothermal energy. This partnership, revealed at the U.S. Department of Energy’s (DOE) Catalyzing Next Generation Geothermal Development Workshop, marks the first implementation of advanced geothermal power east of the Rocky Mountains—a milestone that could catalyze a seismic shift in how we meet our growing energy demands. The deal between Sage and Meta, which aims to deliver up to 150 MW of new geothermal baseload power to support Meta’s rapidly expanding data centers, is more than just a business agreement. It is a statement of intent, showcasing the critical role that clean, firm, and resilient power sources will pl...

Energy Permitting Legislation from Senators Manchin & Barrasso Will Advance Geothermal in US By: Robert Buluma Accelarated NEPA timelines In a significant step towards a cleaner energy future, the U.S. Senate has introduced the Energy Permitting Reform Act of 2024, a transformative piece of legislation that promises to revolutionize the geothermal energy sector. This landmark bill, incorporating crucial elements of the bipartisan Geothermal Energy Optimization (GEO) Act of 2024, aims to streamline the permitting process for geothermal projects, significantly accelerating their development across the country .  Eavor Technologies Inc., a leader in advanced geothermal solutions, has hailed this legislation as a major breakthrough. Jeanine Vany, Eavor's co-founder and executive vice president of corporate affairs, expressed enthusiastic support, highlighting how the bill will facilitate the deployment of Eavor's groundbreaking closed-loop geothermal technology. This innovative...

XGS Energy  Acquires Premier Geothermal Drilling Services Company Capuano Engineering By: Robert Buluma In a bold move set to redefine the geothermal energy landscape, XGS Energy has announced the acquisition of Capuano Engineering, a leading global player in geothermal drilling and completion services. This strategic acquisition positions XGS Energy to expand its innovative geothermal technology on a global scale, leveraging Capuano Engineering's extensive expertise and experience in the field. A Leap Forward in Geothermal Technology XGS Energy , based in Palo Alto, California, has been at the forefront of geothermal energy innovation. Their proprietary Thermal Reach Enhancement (TRE) system uses materials that are 50 times more thermally conductive than rock, enabling high-efficiency closed-loop geothermal systems. Unlike conventional geothermal technologies that require specific geological conditions and access to water reservoirs, XGS’s technology can be deployed anywhere, offe...

Unleashing the Power Beneath: The Second-Round EGS Pilot Demonstrations By:  Robert Buluma image: wells of power at Kenyan Geothermal Field gushing steam Geothermal energy is a game-changer in the quest for sustainable and reliable energy sources. The U.S. Department of Energy (DOE) is pushing the boundaries of this potential through its Geothermal Technologies Office (GTO). With the second round of funding opportunities for Enhanced Geothermal Systems (EGS) pilot demonstrations, authorized under President Biden's Bipartisan Infrastructure Law, the future of geothermal energy looks brighter than ever. This initiative aims to catapult EGS into the mainstream, contributing significantly to the goal of a carbon pollution-free electricity system by 2035.  What Are Enhanced Geothermal Systems (EGS)? Enhanced Geothermal Systems (EGS) represent a cutting-edge approach to geothermal energy. Unlike traditional geothermal systems that rely on naturally occurring hydrothermal resources, ...

Unlocking Earth's Secret Power: Exploring the Potential of Geothermal Energy By: Robert Buluma In a world where the energy transition is gaining momentum, the quest for sustainable alternatives to fossil fuels has never been more crucial. Among the myriad of emerging solutions, one often overlooked yet immensely promising avenue is geothermal energy. This underdog in the renewables arena holds the key to unlocking Earth's secret power, and even industry giants like  Exxon are beginning to take notice. In an exclusive interview with Axios, Exxon CEO Darren Woods revealed the company's keen interest in the progression of geothermal technology. While  Exxon isn't currently actively pursuing geothermal ventures, Woods emphasized the potential alignment and synergies between geothermal energy and the company's existing expertise. With a cautious yet watchful eye,  Exxon recognizes the possibility of integrating geothermal energy into its portfolio, provided the right ...

Revolutionizing Energy: A Collaborative Journey Towards Advanced Clean Electricity By: Robert Buluma In a groundbreaking alliance, tech titans  Google and Microsoft , along with steel giant Nucor Corporation , have embarked on a mission to reshape the landscape of electricity generation. The trio is not merely envisioning a cleaner future but actively spearheading initiatives to accelerate the development and adoption of advanced clean electricity technologies. At the core of this ambitious endeavor lies a profound understanding: the transition to a sustainable energy future demands more than just conventional renewables like wind and solar. To effectively combat climate change and meet the soaring global energy demand, a diverse portfolio of cutting-edge solutions is imperative. This is where advanced clean electricity technologies come into play. The International Energy Agency (IEA) underscores the critical role of these technologies in decarbonizing grids and ensuring energy se...