Geothermal

Treasury, IRS issue guidance on clean energy production credits
Treasury, IRS issue guidance on clean energy production credits
These new Clean Electricity credits provide incentives for the first time to any clean energy facility that achieves net zero greenhouse gas emissions. The cred…
New York Power Authority pre-qualifies 79 renewable developers, investors
New York Power Authority pre-qualifies 79 renewable developers, investors
The New York Power Authority (NYPA) has pre-qualified 79 private developers and investors to collaborate with NYPA on the development of renewable energy gene…
From saving pucks to saving the planet: Rangers legend Mike Richter is flourishing as an “unlikely environmentalist”
From saving pucks to saving the planet: Rangers legend Mike Richter is flourishing as an “unlikely environmentalist”
U.S. Hockey Hall of Fame goaltender Mike Richter has now enjoyed a renewable energy career longer than the one that made him famous….
In Texas, ex-oil and gas workers champion geothermal energy as fossil fuel replacement
In Texas, ex-oil and gas workers champion geothermal energy as fossil fuel replacement
Texas has become an early hot spot for geothermal energy exploration as scores of former oil industry workers and executives are taking their knowledge to a new…
Quaise Energy raises $21M for TW-scale ‘deep’ geothermal
Quaise Energy raises $21M for TW-scale ‘deep’ geothermal
Quaise says a deep geothermal power plant can create 10x more energy than conventional geothermal and provide 24/7 baseload power on a small land footprint….
Fervo Energy raises $244M for geothermal deployment
Fervo Energy raises $244M for geothermal deployment
Fervo Energy announced that it has raised $244 million in new funding led by Devon Energy, meant to enable Fervo’s next phase of growth, deploying technology …
Fervo Energy claims 70% reduction in geothermal drilling time
Fervo Energy claims 70% reduction in geothermal drilling time
Fervo began its drilling campaign at Cape Station, its 400 MW project in southwest Utah, in June 2023 and over the last six months has drilled one vertical and …
Geothermal heat pumps could reduce U.S. electricity demand by as much as 15%
Geothermal heat pumps could reduce U.S. electricity demand by as much as 15%
New analysis from ORNL and the NREL found that coupled with building envelope improvements, geothermal heat pumps in around 70% of U.S. buildings could save as …
Pilot project aims to power small Canadian town entirely with geothermal energy
Pilot project aims to power small Canadian town entirely with geothermal energy
This process aims to allow for large-scale geothermal development by upgrading the temperature of saline aquifers to be commercially viable where conventional e…
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