SustainablEarth Power - Geothermal Energy and Geologic Hydrogen

Could geologic hydrogen extracted from the earth's subsurface be a black swan that completely disrupts the energy transition, making even the most fanciful uses of hydrogen, like cars and home heating, economical? Having received lots of questions about #geologic #hydrogen, my colleagues Musfika Mishi and Mark Daly spent the past few months researching the topic. Their results? 🧨 Don't expect any immediate disruption. We may have to wait until 2030 for (hopefully at least some of) the 17 projects under development today to start producing. 💲 Costs: Developers are aiming to deliver hydrogen at a cost slightly below that of natural gas-derived gray H2. The catch is that we haven't seen any detailed costs analyses backing these targets. Co-producing #helium, which sometimes occurs with hydrogen, could improve economics. 🚛 Transportation will be a major bottleneck. Discovering geologic H2 near #demand centers would be a big win for the industry. How is geologic hydrogen formed? How much has been found so far? Could pumping water into the subsurface stimulate production? What are the economics of Project Monzon being developed by Helios Aragon in Spain? Which governments are offering funding? Which companies are getting involved? What about the emissions intensity of geologic hydrogen? What are fairy circles and what do they have to do with geologic hydrogen? These and many more questions are answered in Musfika and Mark's report, titled Tech Radar: Geologic Hydrogen. BNEF users can click the link in the comments to see the report. Comment or PM me if you're interested in exploring BNEF access.

I'm super excited to announce that Mitsubishi Heavy Industries has invested in Koloma, a unique startup focused on harnessing the potential of naturally occurring geologic hydrogen. Estimates suggest that billions of tons of hydrogen exist naturally beneath the earth’s surface. If we can successfully access even a fraction of these reserves, it could supply the hydrogen needed for clean energy production for hundreds of years, supporting our long-term climate goals. MHI is proud to support Koloma in its quest to unlock and utilize the vast reserves of hydrogen stored underground to produce clean, cost-effective energy worldwide. Learn more: https://hubs.la/Q02TpCr00

Join us celebrating World Geothermal Energy Day 2024 on October 17th, at 5:00 p.m. (UTC+00:00). Our celebration this year will feature a series of online presentations: Exploring the Geothermal Training Climate: Steaming hot or a little lukewarm! A 15-minute talk that delves into the world of Geothermal training and what it perhaps reveals about the progress of decarbonising our energy systems. By Lance Morrissey, Technical Manager, GeoLogica Utilizing Every Opportunity, a perspective from Turkish geothermal company. How GMK is looking to utilize every opportunity that is created from the development of this thermal resources, drawing upon a cascade of solutions. Turkiye has the potential be the perfect place to help the geothermal world prove its role as a viable economic renewable resource. Turkiye with its varied climates , spectrum of ambient temperatures and varying thermal gradients, create an opportunity to be the perfect 'test bed’, for both conventional and next generation geothermal technologies alike. By Oliver Sheehan, GMK Energy Supercharging UK Geothermal through the National Geothermal Centre  The role of the UK National Geothermal Center. By Charlotte Adams, CEO, The National Geothermal Centre We look forward to seeing you all at this year's event!

GEOTHERMAL ENERGY: UNVEILING THE SOCIOECONOMIC BENEFIT The report: Geothermal Energy: Unveiling the Socioeconomic Benefit" BY The World Bank and ESMAP - Programa de Asistencia para la Gestión del Sector Energético highlights the socioeconomic contributions of the geothermal sector, including the potential opportunities and benefits that can be enhanced at national and local levels throughout geothermal projects’ development and operation. Key lessons and best practices are outlined in the report and showcased across 27 case studies with the intent that governments and developers alike can learn and replicate best practices to generate positive socioeconomic outcomes. #geothermalenergy #sustainable #inclusion #social #benefits #valuechain #benefits #stakeholders #geothermal #projects #education #industry