Geothermal energy
SPE member Silviu Livescu has been chosen to receive the award in recognition of his groundbreaking contributions to next-generation, low-enthalpy geothermal energy systems, which are enabling widespread, cost-effective building heating and cooling solutions.
The capability of modern wellbore surveying to increase asset value through improved subsurface modeling and completion-equipment placement is being overlooked by managers of operating companies.
GeoMap Europe is the latest in a series of interactive global geothermal maps that combine large subsurface and surface data sets to highlight where geothermal resources and development opportunities are strongest for power, heat, cooling, and storage.
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Former CTO of ConocoPhillips, Greg Leveille, makes the case for why more oil and gas professionals should take notice of the new-age geothermal space. -
In its 2024 outlook, Enverus expects 3-mile-long lateral sections to become a new normal in the Permian and suggests the budding geothermal and lithium arenas may be the real deal.
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A pilot project will explore onboard carbon capture for container ships, and two heavy-hitters are teaming up to find decarbonization paths in the Asia Pacific region. Elsewhere, wind and solar are on track to pass coal in the race to generate electricity.
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The companies have agreed to study the development of geothermal energy in Indonesia to further the country’s goal of adding 3.3 GW of geothermal capacity by 2030.
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Several projects have been scrapped across the US as inflation causes project costs to soar, while projects in Costa Rica and Rotterdam move forward.
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An estimated $35 billion in investment is expected to pour into geothermal projects in Kenya and Ethiopia through 2050.
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The oil and gas industry-backed geothermal firm plans to drill up to 29 wells in southwestern Utah that will deliver electricity to the state's grid by 2026.
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Fervo Energy’s bet that fracturing methods can be used for geothermal power is looking like a winner.
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Registration is open for the SPE Europe Energy GeoHackathon, which will be held in October and November. It will be preceded by 4-week online bootcamp sessions on data science and geothermal energy, which will begin on 2 October.
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While innovation steadily advances technologies to produce geothermal energy, the determination of clearly defined laws and regulations is playing catch-up—state by state and case by case in courts. And until it does, scaling up of this promising energy source is at risk of being hamstrung.
