Alphaxioms Geothermal News and Related Research Globally

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...

Abstract By: Robert Buluma Geothermal energy, a renewable and sustainable resource, plays a modest yet significant role in the United States' energy landscape. As of 2023, the U.S. leads globally with an installed geothermal capacity of approximately 3,900 megawatts (MW), accounting for about 25% of the world's total geothermal capacity.  This article provides a state-by-state overview of geothermal energy production, highlighting the contributions of key states and recent advancements in the sector. Introduction Geothermal energy harnesses heat from the Earth's interior to generate electricity and provide heating solutions. Its consistent output and low environmental impact make it a valuable component of the renewable energy mix. In the United States, geothermal resources are predominantly located in the western states and Hawaii, where geological conditions are favorable.  Geothermal Energy by State 1. California: Capacity and Production: California is the leading state ...

Supreme Energy: Powering Indonesia’s Future with Geothermal Energy By: Robert Buluma Geothermal energy continues to gain traction in Indonesia as a sustainable and reliable energy source, thanks to visionary initiatives like those of Supreme Energy. Backed by an unwavering commitment to environmental sustainability and energy security, Supreme Energy has positioned itself as a leader in geothermal development across Indonesia. Powering Progress: The Landmark Power Purchase Agreement   In December 2012, Supreme Energy, in collaboration with Japan’s Marubeni and France’s GDF Suez, signed a groundbreaking Power Purchase Agreement (PPA) with Perusahaan Listrik Negara (PLN). This partnership set the stage for the development of the Rantau Dedap geothermal power plant in South Sumatra, a project worth $2.2 billion. The Rantau Dedap plant, with its planned two 110 MW generators, underscores Indonesia's ambition to harness its geothermal potential. Despite logistical challenges posed ...

Unlocking the Hidden Potential of Australia's Geothermal Energy with Google's Digital Future Initiative Robert Buluma Auckland ,New Zealand Australia, a land renowned for its abundant sunshine and windswept landscapes, might soon tap into another game-changing renewable energy resource—geothermal energy. Beneath its crust lies a largely untapped source of clean, stable, and round-the-clock energy: the loo olP Earth's natural heat. This revolutionary energy source has the potential to redefine Australia's energy future, thanks to Google's innovative Digital Future Initiative. Geothermal Energy: A Clean and Reliable Power Source Unlike solar and wind, which are dependent on weather conditions, geothermal energy is a constant, dependable energy source that can significantly cut carbon emissions. It can heat and cool buildings, provide electricity, and even support agricultural activities. Despite its enormous promise, geothermal energy has been underutilized globally d...

Turkana County Government and Geothermal Development Company Sign Collaborative Framework Agreement for Geothermal Development By : Robert Buluma In an exciting development for the region, the Turkana County Government and the Geothermal Development Company  GDC have signed a groundbreaking Collaborative Framework Agreement (CFA). The agreement marks a major milestone in the pursuit of harnessing Turkana County’s geothermal potential, opening doors to significant economic growth and opportunities for the local community. Key Areas of Collaboration The CFA outlines several strategic areas where both parties will collaborate to unlock the full potential of Turkana's geothermal resources. These key points include: Joint Marketing of Geothermal Opportunities : Both parties will work together to promote and market geothermal opportunities in the region to attract investment and expertise. Collaboration in Scientific Surface Studies : A strong focus will be placed on conducting in-d...

El Salvador Mines 474 Bitcoin Worth $29 Million with Volcano-Fueled Geothermal Power By:  Robert Buluma El Salvador is revolutionizing cryptocurrency mining by harnessing the natural power of its volcanoes. Since 2021, the Central American nation has mined an impressive 474 Bitcoins using geothermal energy derived from the Tecapa volcano, valued at approximately $29 million at current Bitcoin prices.   A Renewable Energy-Powered Breakthrough   This groundbreaking initiative is part of El Salvador’s larger strategy to merge cryptocurrency with renewable energy. Geothermal energy, which accounts for 25% of the country's electricity production, plays a crucial role in powering these operations. The state-owned geothermal company, LaGeo, operates two major plants that generate a combined 204 megawatts of power. From this capacity, 1.5 megawatts are used to sustain the mining of Bitcoin, a process often criticized globally for its energy consumption and environmental...

Vienna's Leap Into Carbon-Neutral Energy: Inside the City's First Deep Geothermal Plant   By:  Robert Buluma Image of the city of Aspen in a blink mid_winter Vienna, a city famed for its historical landmarks and cultural elegance, is making headlines for something entirely different — the groundbreaking development of its first deep geothermal energy plant. Nestled in Aspern, within the city’s 22nd district, this ambitious project by OMV AG and Wien Energie GmbH is set to revolutionize how Vienna powers its homes, all while paving the way to a sustainable, carbon-neutral future.    The Heart of the Project: Drilling Deep for a Better Tomorrow   This isn’t just another energy project; it’s a bold leap into the future. Drilling into the depths of the Aderklaaer Konglomerat, a natural hot water reservoir sitting 3,000 meters below Vienna’s surface, this initiative taps into geothermal energy — an inexhaustible, renewable source of heat. By 2028, this...