Alphaxioms Geothermal News and Related Research Globally

Exploring the Future of Energy: Repsol's Geothermal and Hydrogen Ventures By: Robert Buluma In a world clamoring for cleaner and sustainable energy solutions, Repsol, the renowned energy giant, is stepping boldly into the future. With a vision firmly fixed on reducing carbon emissions and embracing renewable energy,  Repsol has birthed a new entity: Repsol Earth Solutions Holding SL. Led by the visionary Josu Jon Imaz, this venture signifies  Repsol commitment to exploring the vast potential of geothermal energy and hydrogen. But what makes geothermal energy so compelling? Imagine tapping into the Earth's natural heat, harnessing it to power our cities and industries without harming the environment. It's not just a dream; it's a reality  Repsol is actively pursuing. Geothermal energy, often overlooked, is a game-changer in the quest for sustainable power. From the volcanic landscapes of the Canary Islands to the bustling streets of Madrid,  Repsol is leading the char

Unleashing the Power of Earth:  Turboden and  Fervo Energy Partner to Revolutionize Geothermal Energy By: Robert Buluma In the heart of the rugged landscapes of southwest Utah, a groundbreaking collaboration is underway to harness the Earth's natural heat and propel the world towards a greener, more sustainable future. Turboden , a trailblazer in Organic Rankine Cycle (ORC) systems, has joined forces with Fervo Energy , a pioneer in enhanced geothermal systems (EGS), to embark on an ambitious journey towards redefining geothermal energy production. The Cape Station project stands as a testament to this alliance, marking Fervo Energy largest commercial endeavor in the geothermal energy sector to date. Positioned to become a beacon of innovation, Cape Station aims to revolutionize the way we harness energy from beneath the Earth's surface, with an anticipated total project capacity of approximately 400 MW. This endeavor not only symbolizes a transformative leap towards carbon-f

Revolutionizing Energy:  Neptune Energy Bold Move Towards Sustainability in the Altmark By: Robert Buluma In a groundbreaking development poised to reshape the energy landscape,  Neptune Energy is spearheading a transformative initiative in the Altmark region of Germany. With licenses secured for the extraction of lithium and geothermal energy,  Neptune Energy is set to pioneer innovative solutions in the realm of green energy production. The journey towards sustainability begins with  Neptune Energy commitment to harnessing the potential of lithium and geothermal energy resources. With exclusive mining permits granted by the State Office for Geology and Mining in Saxony-Anhalt,  Neptune Energy is poised to revolutionize energy production in the Altmark. Dr. Andreas Scheck, Managing Director of Neptune Energy, envisions the Altmark as a beacon of future-oriented technology, where traditional energy practices seamlessly transition into eco-friendly alternatives. With over five decad

Accelerating Energy Transition: France Simplifies Geothermal Mining Procedures By: Robert Buluma In a bold move to expedite France's energy transition and bolster its supply security, Bruno Le Maire and Roland Lescure unveiled groundbreaking measures on April 12th, aimed at simplifying mining procedures. These measures are poised to pave the way for crucial projects vital to both energy transition and supply security. France boasts a rich subsoil teeming with essential resources pivotal for successful energy transition endeavors, such as geothermal energy, lithium, and copper. However, the exploitation of these resources has been hampered by lengthy bureaucratic procedures.  Unlocking Geothermal Potential: Geothermal energy, a renewable and carbon-neutral energy source, harnesses the thermal energy from the Earth's subterranean depths and aquifers. With 90% of the national territory suitable for geothermal exploitation, it stands as a prime candidate for scaling up renewable en

Unveiling the Hidden Mysteries:  PPC Renewables Calls for Tender in Petra, Lesvos Island By: Robert Buluma In the heart of the Aegean Sea lies an island of unparalleled beauty and historical significance – Lesvos. But beneath its serene surface lies a mystery waiting to be unraveled, and  PPC Renewables is taking the lead in uncovering it. Picture this: Land Geophysical Surveys, delving deep into the secrets of Petra, Lesvos Island, Greece. It's not just any ordinary survey; it's a journey into the unknown, a quest for knowledge hidden beneath the earth's surface. Referring to the intriguing Call for Tenders (ref/title: PR110000001319) dated 12th April 2024,  PPC Renewables beckons the daring and the curious to join them in this adventure. The scope of the contract? Nothing short of extraordinary – 2D Seismic Reflection, Gravity & Magnetic Surveys with precise positioning, coupled with integrated Geological-Tectonic-Geophysical analysis of all available data. But wai

Unveiling the Future of Energy: New Guidelines for Deep Geothermal Projects By: Robert Buluma In a world where the urgency of climate change looms large, the quest for sustainable energy solutions has never been more pressing. Enter the German Scientific Society for Sustainable Energy Sources, Mobility, and Carbon Cycles  (DGMK) alongside the Federal Association of Natural Gas, Petroleum, and Geoenergy (BVEG) , with groundbreaking news: the release of  for the comprehensive guidelines geological risk assessment of deep geothermal projects. Picture this: a future where cities are powered by the Earth's natural heat, where energy production is not only efficient but also environmentally friendly. This future is closer than you think, thanks to the tireless efforts of experts collaborating to pave the way forward. Why is this announcement so significant? It's simple: deep geothermal projects have the potential to revolutionize our energy landscape. But, until now, understanding a

Powering the Future: Star Energy Group Bold Move Towards Geothermal Energy By: Robert Buluma In a groundbreaking move towards sustainable energy, Star Energy Group (AIM: STAR) has just announced the closing of a new €25 million secured facility with Kommunalkredit Austria AG (Kommunalkredit). This financial boost marks a significant step in Star Energy's transition strategy, particularly focusing on geothermal energy while maintaining investments in conventional oil and gas businesses. Chris Hopkinson, the CEO of Star Energy expressed his excitement, stating, "Securing this facility is an important milestone for Star Energy. It allows us to use cashflows from our existing oil and gas business to optimize near-term conventional production and deliver our transition strategy; namely developing and monetizing our geothermal business in both the UK and Croatia." Evidently,Oil and gas companies have been going Geothermal and Today we've found a new neighbor What makes th