Boosting Next-Generation Geothermal in the United States
An article written by the Federation of American Scientists delves into how the United States has vast potential to utilize next-generation geothermal technologies, and proposes how to navigate challenges that are limiting the financial feasibility of geothermal. According to the article, the U.S. power grid is undergoing a transformative shift towards cleaner energy, mostly by increasing integration of wind and solar. However, to achieve full-scale decarbonization, it’s necessary to implement geothermal energy into the new energy ecosystem.
Time Magazine Discusses Overlapping Expertise Between Geothermal and Oil & Gas
A recent feature article in Time Magazine’s CO2 Futures series showcased the growing discussion around next-generation geothermal technologies, and how there’s a growing necessity to implement oil and gas expertise to rapidly scale geothermal energy. The article indicates that this necessity is born from limitations that have historically held geothermal back from being a viable baseload alternative to fossil fuels. Traditionally, geothermal power has proven cost-effective in regions with hot rocks close to the earth’s surface, such as the edge of the continental plate in California. Yet, this geographical niche has confined geothermal to a minor role in decarbonization efforts, constituting only 1.6 percent of the United States’ energy mix.
Globe and Mail discusses Eavor’s innovative patented technology with John Redfern
In a recent interview with the Globe and Mail, Eavor CEO John Redfern delves into the company’s patented technology and how it has been instrumental in achieving commercial success in a new age of geothermal exploration. The article describes how Eavor’s head office tells a unique story through the many patents on its walls, where each plaque signifies a trailblazing insight. Unlike wind and solar, Redfern explained that there was a stagnation of innovative breakthroughs for geothermal energy over the last several decades, and this held geothermal back from scaling globally.
