Eavor’s closed-loop technology, featured in an article detailing the significant benefits of advanced geothermal technology, is described as an example of innovative deep drilling methods that are making geothermal energy cost-effective and accessible.
Written by Danilo Onorino, the global energy portfolio manager of Dogma Capital SA, the article highlights the importance of new deep drilling technologies in overcoming the challenges associated with accessing geothermal energy. Traditional geothermal methods often struggle with the hard, abrasive rock formations found at great depths, which can slow down drilling and increase costs. However, recent advancements in geothermal technologies, such as Eavor’s, are designed to increase drilling speed, reduce costs, and enhance accessibility to geothermal resources almost anywhere in the world.
In addition to conventional geothermal power, the article discusses the potential of superhot rock energy, a next-generation form of geothermal energy. A modeling tool developed by the Clean Air Task Force (CATF) and the University of Twente is currently helping to assess the potential of superhot rock energy, which could provide even more efficient and powerful energy generation.
The article also emphasizes that with continued innovation in drilling technologies and the exploration of superhot rock resources, geothermal “will undoubtedly play a significant role” in meeting global energy demands while reducing our reliance on fossil fuels.
