Geo

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…

Geothermal Power Plant

NREL Appoints Amanda Kolka to Lead Geothermal Energy Program

The U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) has named Amanda Kolker as the laboratory program manager for geothermal e…

Geothermal Power Plant

A 'Rock Star' System for Geothermal Energy

A team of scientists has assembled a first-of-its-kind system to help them understand how to harness energy from deep below ground.

Energy Investment

The Strategic Importance of Ukraine’s Energy Infrastructure

Enlit Europe spoke to Christopher de Vere Walker, Director of SEEPX Energy, geospatial data and infrastructural risk specialists with a focus on Russia, Ukrain…

Nuclear Fuel

Sweden’s Government Approves Construction of Spent Nuclear Fuel Repository

Sweden’s government in late January gave radioactive waste management company SKB the green light to proceed with a deep geological repository (DGR) for spent …

Netherlands

Developers Optimistic About Leeuwarden Geothermal Heating Project

​After initially encountering with their first drilled well, the developers of the geothermal heating project in Leeuwarden, Netherlands are optimistic to make…

Thermal Plant

Maibarara Geothermal Plans Up to 30 MW Expansion Capacity

Capacity expansion of 10 to 30 MW for the Maibarara geothermal project in the Philippines is planned within the next three or four years.

Energy Transition

District Heating Systems Key to Green Energy Transition

​Recently announced plans for large geothermal heating project, highlighting the crucial role of district heating in the energy transition.

Geothermal Power Plant

Well-Constructed Solution: Geothermal to Power Bitcoin Mining

The mining of cryptocurrency, or bitcoin, is an energy-intensive process, and entrepreneurs are looking at several technologies—including innovative geothermal…

Geothermal Power Plant

Second Successful Well Re-Drilled in Bad Urach Geothermal Heating Project

Borehole Urach 4 is the second well re-drilled from old wells for the Bad Urach geothermal heating project in Germany.

Geothermal Power Plant

Why we are Entering the Golden Decade for Geothermal?

In a feature report on geothermal, Baker Hughes shares its views on why and how geothermal will certainly play an increased role in global energy in the next de…