Energy transition
The power-purchase agreement (PPA) marks largest enhanced geothermal PPA and is expected to accelerate the delivery of continuous, carbon-free power from the Cape Station GeoCluster in Utah.
This guest editorial addresses the many capacities in which oil and gas technical professionals can play a role advancing the energy technologies of tomorrow.
With millions of wells having been drilled in the US since the beginning of the oil age, the land is pocked with old, unused wellbores. For most, repurposing is a pipe dream. Plugging is the best option.
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The companies said they plan to work together on developing geopressured geothermal systems for low-carbon energy storage and geothermal power generation. -
Greenhouse gases are woven into every stage of a well’s life, which presents challenges that demand creative solutions that do not require too much capital.
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Wood Mackenzie reports that prices would need to rise, capital discipline would need to evolve, and spending would need to increase by 30% for the upstream sector to meet demand in a delayed energy transition scenario.
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The agreement aims to accelerate new commercial technologies that address challenges with geothermal development.
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GEODE is a consortium led by Project InnerSpace and the Society of Petroleum Engineers and funded by the US Department of Energy’s Geothermal Technologies Office.
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Geothermal energy in the US has historically been concentrated in the West due to favorable geology, but emerging technologies have expanded the possibilities.
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New IEA Report: Next-Generation Geothermal Can Go Global, But Oil and Gas Industry Must Show the WayThe upstream sector could help unlock geothermal energy’s potential but up to $1 trillion in project spending would be necessary over the next decade, the report says.
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SPE has launched a new community on SPE Connect for 2025 SPE President Olivier Houzé, the first of its kind. This platform offers members a unique opportunity for direct, open discussions with Houzé.
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Sharing state-of-the-art design and troubleshooting methods, the workshop identified future separation needs and gap statements and proposed how to close the gaps.
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Hot rock is found worldwide, but the methods used to generate energy from it vary.
