Geothermal energy
The agreement aims to accelerate new commercial technologies that address challenges with geothermal development.
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.
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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A Houston-based geothermal startup just got "liked" by the parent company of Facebook. -
Cost concerns temper public appetite for clean energy while companies struggle to find investors for projects.
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A proprietary direct lithium extraction technology proposes using electrodialysis to produce lithium, green hydrogen, and fresh water from geothermal brines while repurposing oil and gas infrastructure. Meanwhile, new research reveals that deepsea polymetallic nodules generate oxygen through electrochemical processes at depths of up to 13,000 ft and may also hold valu…
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Houston-based enhanced geothermal systems pioneer uses fracturing and other oil and gas technologies to stabilize power grids with zero-carbon renewable energy that doesn’t depend on the weather.
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Occidental Petroleum is teaming up with its largest shareholder, Berkshire Hathaway, to commercialize lithium extraction in California.
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Years in the making, the program sponsored by the US Department of Energy is celebrating its latest geothermal energy breakthrough in southwestern Utah.
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The geothermal company will use organic Rankine cycle (ORC) technology, which does not require steam to generate electricity.
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The latest signs that momentum is building in the geothermal space include military bases.
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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 energy source.
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The challenges that geothermal energy faces to become a leading player in the net-zero world are well within the areas of expertise of the SPE community, ranging from rapid technology implementation and learning-by-doing to assure competitiveness to establishing suitable funding mechanisms to secure access to capital.
