Geo

Geothermal Power Plant

Significant Increase in Geothermal Development in Kenya

With an installed capacity of 863 MW, geothermal produced around 48% of all electricity supplied in Kenya in 2020/ 2021.

EU

EU Can Tap Geothermal Potential to Cut Russian Gas - EGEC

EGEC has calculated that the EU can reduce its use of Russian gas by 3 billion cubic metres (bcm) this year with the help of geothermal district heating and coo…

The Perfect Energy Source Is Already Here – Endless Geothermal Is Poised for Release From Deep in the Earth

A virtually limitless supply of energy exists in the form of this supercritical fluid snaking its way through the crust and mantle of the planet, and just 0.01%…

Energy Transition

The European Commissioner for Energy Backs Geothermal to Bolster EU Energy Security

The EU’s Commissioner for Energy, Kadri Simson, called on Europe to “harness geothermal energy’s potential.

Coal Mine

Water Sampling Unlocks UK’s Geothermal Energy

Using the UK’s abandoned coal mines as a source of geothermal energy for district heating schemes is a positive development for the nation’s net zero goals.

CPS Energy to Explore Novel Pumped Hydro Technology

San Antonio-based CPS Energy signed a 15-year commercial agreement with Quidnet Energy for a 1 MW, 10-hour energy storage facility using geomechanical pumped st…

France

Three Municipalities in Greater Paris Team up on Geothermal District Heating

Three municipalities in the greater Paris area are teaming up on planned geothermal district heating to kick off drilling in 2023.

More than half of Dutch Greenhouse Operations Could be Heated by Geothermal

Geothermie Nederland estimates that about 25% of the Dutch heat demand could be met by geothermal heat and up to 50% of the heat demand of greenhouse operators …

Geothermal Power Plant

Why Aren’t Investors Interested in Geothermal Energy?

Geothermal energy could potentially power the world for generations to come, making greater investment and research into new technologies a vital part of renewa…

CPS Energy Exploring Novel Geomechanical Pumped Storage Technology

Texas-based CPS Energy, the largest municipally owned electric and natural gas company in the U.S., has entered into a 15-year commercial agreement to explore i…

Oil Price

Goldman Sachs ups 2022 Brent Crude Oil Spot Price Forecast to $135/bbl

Goldman Sachs Research has raised its 2022 & 2023 Brent spot price forecast to $135/bbl & $115/bbl, up from $98 and $105/bbl respectively amid geopolitical tens…

Research on Enhanced Geothermal Systems Being Done in Underground PNNL Lab

An underground research facility of PNNL in South Dakota is conducting groundbreaking research on Enhanced Geothermal Systems.

Offshore Wind Power

TerraSond Supports Vineyard Wind 1 Project

TerraSond, a product and service line brand in Acteon’s geo-services segment, plans to invest in a new base in Massachusetts, US, as part of its commitment to …

Hybridizing PV, Redox Flow Batteries and Geothermal Heat Pumps

A Spanish consortium is equipping one of Madrid’s largest metro and bus stations with a hybrid system that combines PV, geothermal pumps, and vanadium redox fl…

Finland

Finnish Geothermal Heat Player QHeat Secures EUR 3.3m Loan for Drilling Rig

Finnish Climate Fund has granted EUR 3.3m loan to Finnish geothermal heat exchange player QHeat to acquire more efficient drilling rig to target medium-deep geo…