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

Mountain West Geothermal Consortium Launches Major U.S. Clean Energy Expansion Across Utah, Arizona, Colorado and New Mexico

Mountain West Geothermal Consortium: Utah, Arizona, Colorado, and New Mexico Unite to Accelerate America’s Geothermal Future By: Robert Buluma  A New Western Energy Alliance Is Emerging A major shift is quietly unfolding across the American West. In a move that could redefine the future of clean baseload power in the United States, the states of Utah, Arizona, Colorado, and New Mexico have joined forces to establish the Mountain West Geothermal Consortium — a regional alliance designed to accelerate geothermal energy development, streamline permitting, improve financing pathways, and unlock the enormous geothermal potential buried beneath the western United States. The initiative arrives at a time when geothermal energy is experiencing one of the most dramatic revivals in modern energy history. Once overshadowed by solar and wind, geothermal is now re-emerging as one of the most strategically important renewable energy resources in the world. Unlike intermittent renewables, geoth...

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...