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Icelandic project aims to drill into a volcano to access unprecedented geothermal power

The hottest temperatures ever reached by a geothermal project could happen as early as 2026 in Iceland, where the Krafla Magma Testbed (KMT) aims to tap into the Krafla volcano’s magma chamber to access super-hot fumes. If successful, the article states that this project could promise immense geothermal energy at an unprecedented scale for Iceland’s population, at least ten times more power than conventional geothermal plants.

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Research Into Methods of Utilizing Energy From Superheated Rock Took Center Stage at the 2023 Geothermal Rising Conference

An article published on SciTechDaily emphasized that the ability to extract energy from superhot rock has the potential to “change everything” in the renewable energy landscape. The article, written by Quaise Energy’s Elizabeth Thompson, highlighted that tapping into heated rock several miles into earth’s subsurface was a major topic at the Geothermal Rising Conference of 2023, as showcased in 18 individual papers.

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Eavor Featured in Colliers’ Canadian Tech Occupiers Guide

Eavor’s pivotal role in Calgary’s cleantech expansion has garnered recognition from both Nate Glubish, the Minister of Technology and Innovation at the Government of Alberta, and has been highlighted in a comprehensive report by Colliers. This acknowledgment signifies Eavor’s leading contribution to Calgary being the fastest-growing digital innovation hub in Canada. As a result, the city is witnessing heightened interest from investors.

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Robert Winsloe Delves Into Eavor’s Growing Pursuit for Global Success

In an article published in Newsweek, Eavor Executive VP Origination Robert Winsloe describes Eavor’s evolving global viability and widespread appeal. Winsloe explains that rather than relying on hot aquifers, which accounts for about 5 percent of the world’s surface, Eavor’s approach is to harness heat that is accessible across the planet; heat from hot subterranean rock. This makes Eavor’s technology globally scalable, with the possibility to implement local energy autonomy almost anywhere in the world.

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Ryan Martin presents Eavor’s innovations at geothermal conference in Pisa

A presentation from Development Engineer, Ryan Martin demonstrated the technological successes of Eavor-Loop™ technology, and the benefits it offers, at the ETIP Geothermal Annual Conference in Pisa, Italy. Martin explained that the benefits of Eavor-Loop™ are multifaceted. For example, not only does it eliminate the reliance on permeable aquifers, it has a minimal surface footprint, and its inherent density-driven circulation eliminates the need for pumps, ensuring a parasitic load-free system.

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