Geothermal energy
The Houston-based energy company's first generating unit has begun producing electricity as it works toward a buildout that could eventually power nearly 1 million US homes.
With funding opportunities improving, developers and researchers are focused on shortening project learning cycles and reducing uncertainty to attract more capital and speed deployment.
The US Department of Energy has awarded more than $99 million to 21 projects that will advance geothermal development through field-scale testing of next-generation technologies and exploration drilling programs across the US.
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The Biden administration seeks to cut the cost of enhanced geothermal systems by 90% by 2035. -
Using CO2 as the geothermal power fluid to generate electricity from low-temperature abandoned hydrocarbon wells can help reduce well costs and optimize energy production. In this paper, a previously developed coupled well/reservoir model is extended to study the effects of fluid properties on thermal output.
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Hitting the next well during fracturing happens all the time. Predictably doing that on a large scale in granite looks a lot harder.
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The drilling of wells in shale and granite shares a common need—faster drilling is required to make it work.
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Founded in 2008, GA Drilling is developing plasma-based tools to achieve drilling speeds that are about three times faster than what conventional bit technology has historically achieved.
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Criterion Energy Partners' immediate focus is to deliver direct heat and power to industrial customers in the Texas Gulf Coast region.
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The two companies will work to retrofit nonproducing wells for geothermal production and scale GreenFire Energy’s closed-loop advanced geothermal systems.
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The government is offering up to $20 million to test applications that will shorten the time it takes to drill geothermal wells.
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Grants have been offered to four separate pilot-style projects in order to test the geothermal potential of old oil and gas wells.
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The technical section will focus on the transfer of technology and practices from the oil and gas industry to geothermal energy development and promote industry best practices.
