Alphaxioms Geothermal News and Related Research Globally

Unveiling Regina's Aquatic Marvel: A Dive into Sustainable Luxury By : Robert Buluma Prepare to be captivated as Regina unveils its latest marvel: a state-of-the-art aquatic center, set to redefine leisure and sustainability in one fell swoop. Picture this -a sleek, modern facility, powered not by conventional means, but by the Earth's own natural energy. Yes, you heard that right—geothermal power! In a bold move towards a greener future, Regina is bidding farewell to outdated aquatic facilities and welcoming a groundbreaking replacement. Premier Scott Moe's excitement is palpable as he champions this transformative project, heralding it as a beacon of progress and promise for generations to come. But wait, it gets better! This isn't just any aquatic center—it's a visionary testament to inclusivity and accessibility. Mayor Sandra Masters paints a vivid picture of a space where all ages and abilities converge, united by a shared passion for world-class amenities and ...

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 ...

Exploring Berlin's Geothermal Energy Potential: A Sustainable Solution for District Heating By : Robert Buluma Berlin, a city known for its rich history and vibrant culture, is now setting its sights on a greener future by tapping into the potential of geothermal energy. Recently, Vattenfallwärme Berlin AG and Innargi, a Danish geothermal energy company, have joined forces to assess the feasibility of using geothermal energy as a climate-friendly heat source for the city's district heating system. This collaboration couldn't come at a more crucial time. With the pressing need to reduce carbon emissions and combat climate change, finding sustainable alternatives to traditional energy sources has become paramount. Geothermal energy, harnessing the natural heat stored beneath the Earth's surface, presents itself as a promising solution. The partnership between Vattenfallwärme and Innargi aims to conduct a comprehensive analysis of Berlin's geothermal potential over the...

Kenya and UAE Sign Deal to Develop First-Ever Geothermal Powered Data Centre By  Robert Buluma Published on: March 07, 2024 06:13 (GMT) In a groundbreaking move towards sustainable technology, Kenya and the United Arab Emirates (UAE) have inked a historic agreement to construct the world's first data centre powered entirely by geothermal energy. This momentous event was witnessed by President William Ruto, marking a significant step forward for Kenya's digital infrastructure. The memorandum of understanding signed between Kenya's EcoCloud and UAE's G42 represents a pivotal moment in the convergence of technology and environmental conservation. Under this partnership, a colossal 1GW mega data centre will be erected, catapulting Kenya's digital economy to unprecedented heights. Amos Siwoi, CEO of EcoCloud, emphasized the importance of this initiative, stating, "By harnessing geothermal energy, we are not only meeting the region's data needs but also setting a...

Geothermal Energy Insights Unlocking Opportunities: Geothermal Sector Embraces Expanded Tax Credits By:  Robert Buluma The recent release of final rules by the Dept. of the Treasury and the Internal Revenue Service (IRS) on key provisions within the Inflation Reduction Act (IRA) marks a significant stride forward for the geothermal energy sector. These regulatory changes not only signify a shift in the financial landscape but also present unprecedented opportunities for the advancement of geothermal energy projects. The Inflation Reduction Act introduces two groundbreaking mechanisms - elective pay (or "direct pay") and transferability - aimed at extending the reach of tax credits to previously underserved sectors, including geothermal energy. For years, the geothermal sector has faced challenges in accessing adequate financial support due to limited tax incentives. However, with the IRA's provisions, geothermal projects can now tap into crucial financial assistance, driv...

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 ...

Insurers Planning Solutions for Deep Geothermal Energy By  Robert Buluma In the pursuit of sustainable energy sources, deep geothermal energy has emerged as a promising avenue. However, challenges such as drilling risks and lack of insurance coverage have hindered its widespread adoption. Addressing these concerns, the Federal Ministry of Economics is deliberating solutions in collaboration with KfW, the federally owned development bank, to ensure the viability of deep geothermal energy projects. The Need for Insurance Coverage: One of the major obstacles faced by utilities and municipal utilities in implementing deep geothermal projects is the absence of insurance coverage. The uncertainty surrounding drilling success and the potential shortfall in expected heat production deter stakeholders from investing in such ventures. Proposed Solution: To mitigate these concerns, the proposed solution involves insuring the drilling success through KfW. Under this arrangement, if the project...

Revolutionizing Renewable Energy: Ormat Technologies' Geothermal Power Plant in Guadeloupe By : Robert Buluma In a significant leap towards a sustainable future, Ormat Technologies, Inc. has announced the signing of a groundbreaking Power Purchase Agreement (PPA) with Electricité de France (EDF) for the development of a new geothermal power plant on the picturesque Island of Guadeloupe. This partnership marks a pivotal moment in the renewable energy sector, emphasizing the crucial role of geothermal energy in combating climate change and fostering global energy transition efforts. Driving Sustainable Energy Solutions Ormat Technologies, a leading renewable energy company with over five decades of experience, continues to spearhead innovation in the field of geothermal power generation. The new 10MW geothermal power plant will complement Ormat’s existing 15MW Bouillante geothermal power plant, consolidating its position as a key player in the renewable energy landscape. Harnessing t...

Geothermal Partnership to Secure Taiwan's Energy Future By  Robert Buluma In a move towards securing Taiwan's sustainable energy future, a groundbreaking collaboration has been forged between GNS Science of New Zealand, Taiwan's Geological Survey and Mining Management Agency (GSMMA), and National Cheng Kung University. This partnership aims to harness the power of geothermal energy, aligning with the shared vision of both nations for renewable energy and emissions reduction. Taiwan and New Zealand share more than just geological similarities; they also have parallel trajectories in transitioning towards renewable energy sources. Recognizing the critical role of geothermal power in the energy mix, this collaboration seeks to unlock the untapped potential lying beneath both nations' landscapes. On February 22, 2024, GNS and National Cheng Kung University held an academic seminar and cooperation discussion to solidify their commitment through a Memorandum of Understanding ...

Discovering the Depths: EGRISE Revolutionizes Geothermal Research By  Robert Buluma The quest for sustainable energy solutions has led to a surge in geothermal research and innovation worldwide. To harness the full potential of this burgeoning field, the European Geothermal Research & Innovation Search Engine (EGRISE) emerges as a beacon of knowledge, enabling the discovery of a plethora of research products generated within EU-funded geothermal projects and by the broader global geothermal community. EGRISE stands as a testament to collaboration and connectivity in the scientific realm, leveraging the 'Connect' OpenAIRE application to aggregate a diverse array of research products. From project deliverables to scholarly papers and invaluable datasets, EGRISE serves as a one-stop destination for enthusiasts and experts alike seeking insights into the dynamic landscape of geothermal research. One of the hallmark features of EGRISE lies in its comprehensive metadata, includin...