Eavor Demobilizes Rigs from Geretsried: What It Really Means for Closed-Loop Geothermal For three years, two drilling rigs on a farm estate near Geretsried, a Bavarian town about 40 km south of Munich, stood as the symbol of the world's most ambitious closed-loop geothermal experiment. Now in October 2026, Eavor Technologies, the Calgary-based developer of the Eavor-Loop, has told the town and its heating utility that both rigs would leave the site . The company said keeping idle rigs and specialist services on site was costly, and that releasing them would help put the project in the strongest position to continue with Loop 2 once its commercial structure is reworked . On the surface, this is a logistics decision. Underneath, it is one of the clearest signals yet about where first-of-a-kind geothermal technology stands, and how hard it is to turn a technical proof into a bankable business. This article explains exactly what happened, what the move means and what it does not mean...
UK Geothermal Revolution? Fully Funded University of Manchester PhD Targets Hidden Heat Beneath Northwest England By: Robert Buluma The race to decarbonize heat is rapidly becoming one of the defining energy challenges of the 21st century. While solar and wind power have dominated discussions around clean electricity, another vast and largely untapped resource lies hidden beneath our feet: geothermal energy. Now, a newly announced fully funded PhD project at the Department of Earth and Environmental Sciences at The University of Manchester is aiming to unlock the geothermal secrets buried beneath Northwest England. Supported by the Engineering and Physical Sciences Research Council (EPSRC) and the UK Energy Futures Consortium , the research could provide critical insights into how geothermal resources can contribute to the United Kingdom's ambitious Net Zero goals. As nations worldwide search for reliable, low-carbon energy sources capable of providing heat around the cl...