Eastern Europe expresses interest in next-generation geothermal trailblazer Eavor Technologies Inc

An article published on Slovakian energy news outlet EnergiePortal.sk explores how next-generation geothermal start-up Eavor has rewritten the rules of earth-based energy.

Written by editor Martin Rojko, the piece dives into how Eavor’s innovative approach to geothermal extraction sets itself apart from industry competitors and conventional technologies, and what role closed-loop geothermal can play in Slovakia’s energy transition.

EnergiePortal.sk was established in 2010 and serves as a leading provider of energy news for key players in the industry, such as governments and municipalities, investors, and suppliers and consumers of energy services. In conjunction with two other industry outlets focusing on waste and water management, the publications boast a growing monthly readership of 100,000.

Rojko’s – and Slovakia’s – interest in geothermal energy comes as no surprise. Eavor’s recent momentum in commercial markets, particularly in Europe, has coincided with the most impactful energy crisis in recent memory. Highly reliant on imported Russian fuel, Slovakia is eager to further develop its locally sourced, renewable energy industries.

According to international news outlet Deutsche Welle, Slovakia generates a significant amount of power from renewables: 23% of the country’s total production. But according to the Deutsche Welle article, existing infrastructure, policy, and incentives for further industry development are sorely lacking.

Eavor Engineer Chris Cheng, who was quoted in Rojko’s article, says despite the regulatory obstacles, next-generation closed-loop geothermal has as much potential for success in Slovakia as anywhere else.

“The regulatory environment in Alberta, Canada and Germany, is quite strict, but even here Eavor was able to get the necessary permits. We believe that we can operate in any jurisdiction.

The key is to involve stakeholders and regulators from the initial preparation of the project,” Cheng told EnergiePortal.sk.

Local geothermal company PW Energy agrees. Michal Mašek, project manager for PW Energy told Rojko that collaboration between the two companies is likely. The Slovakian geothermal producer has two major projects in the first stages of development, which are expected to be complete in 2027.

Read the full article by Rojko and hear more from Chris Cheng and Michal Mašek by clicking here.

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