𝗞𝗲𝘆𝗻𝗼𝘁𝗲 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁: Fervo Energy and the Geothermal Decade, with Tim Latimer, CEO and Co-Founder of Fervo Energy, interviewed by Daniella D. Landers of Womble Bond Dickinson (US) LLP. Register now and join us in Houston or virtually, February 13-14: https://lnkd.in/ggCcemU2 The advancements that Fervo Energy has made in the past 7 years have exceeded even the National Renewable Energy Laboratory's most optimistic assumptions about geothermal. Now with the largest commercial next-generation geothermal plant in development, learn how Fervo had taken a seemingly sleepy and overlooked industry and put it on the map. To view the full conference schedule, visit: https://lnkd.in/gQV-7VFq ⭐The Annual Conference is 𝗙𝗥𝗘𝗘 for all IEL Advisory Board Members⭐ Advisory Board Members should register using the special link sent to them by email. Not an IEL member? Consider membership with the Institute to take advantage of Advisory Board Member benefits: https://lnkd.in/geZqck8n #2025AnnualEnergyLaw #EnergyLaw #Geothermal #Energy
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Geothermal set to produce 28GWe of power by 2030, 110GWe by 2050. According to Rystad Energy, #geothermal appears set to increase its contribution to the #energytransition in the coming years as awareness and investment increases. Having seen forecasts for wind and solar revised up year on year in the past as forecasts across the board were outpaced by reality, I wonder… will geothermal - a source of clean baseload power often overlooked historically - do the same over the next two and a half decades? Link to read Rystad’s thoughts on the subject, below.
Geothermal energy is set to play a significant, albeit small role in the power mix of the future, building on its current modest 0.3% share of the world’s power supply. As global economies ramp up their efforts to decarbonize, the importance of renewable baseload energy sources such as geothermal is expected to increase in the coming years. Read our special insight from Shruti Raghuram, Senior Analyst on our geothermal team, to learn more about the accelerated growth of the market. https://lnkd.in/dd5qbThZ #geothermalenergy #geothermalmarket #powersuppy
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I think it would be fair to add the word 'Historically' in front of the statement in the article that says: "Apart from the fact that current geothermal projects are heavily location restricted, a major barrier holding the industry back is the risk borne by the developer. Geothermal projects are often considered high risk due to the many uncertainties involved, such as subsurface conditions and recoverable resource volumes" The risks and uncertainties involved in deep reservoir independent geothermal projects are significantly lower than the historic majority of hydrothermal (reservoir dependent) developments. Reservoir independent geothermal is also not particularly location dependent in the same manner as hydrothermal. There is also no match in exploration risk between Geothermal and O&G success rates. All in all I would say that the article is a 'rear view mirror' look at geothermal potential that overstates the risks and understates the future potential that recent technology and process improvements, particularly in well construction will bring. I would encourage the team Rystad to take a more realistic future view of the potential of the whole geothermal sector.
Geothermal energy is set to play a significant, albeit small role in the power mix of the future, building on its current modest 0.3% share of the world’s power supply. As global economies ramp up their efforts to decarbonize, the importance of renewable baseload energy sources such as geothermal is expected to increase in the coming years. Read our special insight from Shruti Raghuram, Senior Analyst on our geothermal team, to learn more about the accelerated growth of the market. https://lnkd.in/dd5qbThZ #geothermalenergy #geothermalmarket #powersuppy
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The #energytransition has led to the curation of new technologies to develop low-carbon projects and drive progress towards ever-growing #netzero targets. The latest geothermal systems have the potential to be used far more widely than before, poising geothermal energy as the next best low-carbon solution. But which #oilandgas operators are investing in geothermal? And what’s the commercial potential for geothermal energy? Find out with our insight and report: https://okt.to/rxRZ3J #geothermalenergy
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The global #geothermal market is poised for a massive ramp up in the coming years, fueled by increased government support, technological advancements and innovative policies such ad risk-sharing schemes. What makes geothermal energy so unique is its usefulness in direct use applications such as district heating, district cooling, agriculture and much more, beyond just electricity generation. 🌏🌋♨️ Read more about my views on the growing geothermal power generation market by clicking on the link below! #geothermalpowergeneration
Geothermal energy is set to play a significant, albeit small role in the power mix of the future, building on its current modest 0.3% share of the world’s power supply. As global economies ramp up their efforts to decarbonize, the importance of renewable baseload energy sources such as geothermal is expected to increase in the coming years. Read our special insight from Shruti Raghuram, Senior Analyst on our geothermal team, to learn more about the accelerated growth of the market. https://lnkd.in/dd5qbThZ #geothermalenergy #geothermalmarket #powersuppy
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The #energytransition has led to the curation of new technologies to develop low-carbon projects and drive progress towards ever-growing #netzero targets. The latest geothermal systems have the potential to be used far more widely than before, poising geothermal energy as the next best low-carbon solution. But which #oilandgas operators are investing in geothermal? And what’s the commercial potential for geothermal energy? Find out with our insight and report: https://okt.to/W7OCN1 #geothermalenergy
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2024 saw global geothermal installed capacity reach 16,873 MW, with Contact Energy Ltd's Tauhara Power Station having the highest single contribution, adding 174 MW of power to New Zealand, and the world's, energy offerings. New Zealand ranks at fifth globally in the terms of installed geothermal capacity, and the NZGA is proud of Aotearoa's contribution to decarbonising the energy industry. Head to ThinkGeoEnergy for the full 2024 statistics, including a free copy of their 2024 report, "Global Geothermal Power Snapshot" : https://lnkd.in/draeGFGd #geothermal #sustainable #renewable
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On yesterday's Heather du Plessis-Allan Drive radio programme, Associate Energy Minister Shane Jones highlighted the importance of geothermal as a resource in Aotearoa's renewable energy supply. Referencing the supercharged geothermal resource accessed with deeper drilling efforts, he describes this as part of the suite of renewable resources that the country requires to allow for its increasing electricity demand. "We have an inordinately rich resource in New Zealand which is the geothermal energy." You can hear the interview here: https://lnkd.in/gP3w7RNc #geothermal #geothermalenergy #renewable #sustainable
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Bill Gates is making waves in the renewable energy sector by investing in Fervo Energy, a geothermal startup that’s set to provide clean power to Southern California. With contracts to supply 320 MW of geothermal energy—enough for about 350,000 homes—this move highlights the growing importance of geothermal solutions as a reliable alternative to traditional energy sources. As advancements in technology continue, geothermal mining is emerging as a key player in our transition to sustainable energy. Exciting times ahead for clean power! 🌍💡 #GeothermalEnergy #RenewableEnergy #BillGates https://lnkd.in/eWmxUF82 #SolarPower #RenewableEnergy #GreenTech #SustainableLiving #EcoFriendlyInnovation
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📢 🤝 Press Release: Seequent and the International Geothermal Association Partner to Unlock Geothermal Energy's Potential for a Sustainable Future Seequent, The Bentley Subsurface Company, and IGA announced today during the NZ Geothermal Workshop a strategic partnership to boost geothermal energy’s role as a sustainable and reliable renewable energy source. 👉 Read the Press Release: https://lnkd.in/ePkWYN6h 🌏 Discover more on Seequent: https://lnkd.in/e-QKZ7D5 #geothermal #nzgw #wgc2026 #parnership #lovegeothermal
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Discover how geothermal energy is set to be a game-changer in the global energy landscape! With significant growth expected by 2030 and 2050, the industry is gearing up for a bright future. Find out how strategies like optimizing existing assets and developing brownfield sites are driving this expansion, and learn how geothermal energy can offer renewable solutions beyond power generation. #RenewableEnergy #GeothermalPower #SustainableFuture https://lnkd.in/esZtZ-fA #SolarPower #RenewableEnergy #GreenTech #SustainableLiving #EcoFriendlyInnovation
