Eavor Technologies Inc.’s Post

Our commitment towards energy transition becomes stronger and stronger ...

Geothermal energy can be a source of clean and renewable energy by capturing the natural heat that is present under the Earth's surface. As Saipem we are accelerating in R&D to find new advanced solutions to exploit this source of energy even more in the framework of our offer of low carbon solutions. #EngineeringForASustainableFuture #Saipem #EnergyTransition #Energy #Geothermal

🌍 A European Geothermal Energy Strategy🌱 The EU is setting ambitious goals for geothermal energy! With a target to triple geothermal capacity by 2030, it's now crucial for the European Commission to develop a detailed action plan to tackle key roadblocks and drive mass deployment. 🔑 Focus areas include: 🔹 Reducing upfront investment costs 🔹 Boosting local & regional planning for renewable heating, cooling, & electricity 🔹 Improving permitting efficiency & access to geological data 🔹 Supporting key consumers like buildings, industry & agriculture 🔹 Incentivizing underground thermal energy storage & geothermal lithium extraction 🔗It's time to unlock geothermal’ s full potential, read the #EGEC #Manifesto now: https://lnkd.in/ekkZyuRU 🌋 #GeothermalEnergy #GeothermalNOW #EnergyTransition 

#Energy & #Power Industry Insights 2024: Part 9 Geothermal Geothermal energy harnesses heat from the Earth’s interior to generate electricity and provide heating, with continued investment and technological advancements it could provide around 15% of global electricity demand by 2050 and in regions with geothermal resources the development of geothermal projects can create jobs and stimulate local economies. Feel free to share your thoughts, questions or suggestions on any specific topic. Swipe below for 2024’s key developments in Geothermal and thank you for following this nine-part series and joining the conversation on the evolving landscape of energy and power. #IndustryHighlights #Geothermal #APACInsights #OurJacobs Aaron Hochwimmer, Alistair Scott-Farris, Alex Batten, Matthew Loughnan

💡 Can innovation unlock the full potential of geothermal energy? As global power demand is projected to double by 2040, geothermal energy has the potential to provide up to 17% of the world’s energy needs—delivering a sustainable, net-zero solution. Explore the future of geothermal technology in Selene Law’s perspective, We’re Going Underground: A New Advent for Geothermal: https://lnkd.in/g9MuztWp And watch Selene Law and Todd Allmendinger's discussion on the technology, current trends, and companies transforming the geothermal energy sector: https://lnkd.in/gWYaP2Ss Fervo Energy, Eavor Technologies Inc., Sage Geosystems Inc., Utah FORGE, Geomachine Oy, Canopus Drilling Solutions, Hephae Energy Technology, Quaise Energy #Geothermal #EnergyInnovation #CleanEnergy #Sustainability #Cleantech #CleantechGroup #NetZero #RenewableEnergy #Climatetech

It's great to see growing support of geothermal energy in the U.S. The five projects will demonstrate how communities can leverage energy underground to #decarbonize buildings, the Department of Energy’s Geothermal Technologies Office says.

J.P. Morgan recently published some insights into Next-Generation Geothermal Technologies and Projects. I highly recommend the read as it highlights many of Earths Energy's advantages at its Paralana project in South Australia, which we intend to develop as a new-age Enhanced Geothermal System. Well written by Ben Ratner and Michael Johnson. https://lnkd.in/gj28pi3N #GeothermalEnergy #CleanEnergy #SustainableFuture #EnergyTransition #EnhancedGeothermalSystems #NextGenGeothermal #RenewableEnergy #SouthAustralia #ParalanaProject #InnovationInEnergy #EarthsEnergy #JPInsights #ClimateAction #JPMorgan #

We’re aligned with EGEC Geothermal’s vision for a powerful European Geothermal Energy Strategy! With the ambitious target to triple geothermal capacity by 2030, it’s time for strategic action to harness geothermal’s full potential. Key areas to drive change by EGEC: - EU Geothermal Strategy & Action Plan - Financial Risk Guarantees - Digitalized Geological Data & Streamlined Permitting - Geothermal Industrial Alliance - Innovative Business Models & Geothermal Planning - Agriculture Integration  - Lithium & Critical Raw Materials  - Underground Thermal Energy Storage (UTES) - European Green Industrial Deal As we gear up for #GIFC2025, these priorities perfectly align with our mission for a sustainable future in Croatia, the EU, and beyond!

Great news Council of the European Union approved conclusions to promote geothermal energy and its potential. Conclusions include: - European #geothermal action plan - Easier access to finance and incentives - Skilled workforce and enhanced geothermal industry EU Research & Innovation has supported geothermal technologies since the 1970s. Learn more about the geothermal energy projects that the EU funds ➡️ https://lnkd.in/es7mqQsB #H2020 #HorizonEU

Geoscience Australia has released its 'Australian #Energy Commodity Resources' report for 2024, featuring an updated section on #geothermal energy. Check it out here: https://lnkd.in/gkQ_44xA Here are two key takeaways: "Geothermal energy resources represent one of the cleanest & most reliable commodities for energy generation. It has minimal wastes or pollutants and is essentially inexhaustible." "Recent breakthroughs in geothermal technology have the potential to significantly impact the future development of geothermal energy in Australia. These include improved efficiency in power generation, advancements in Enhanced Geothermal System technology, and the rapidly growing sector of Advanced Geothermal Systems, which utilise closed-loop technology to eliminate the need for permeable reservoirs." #RenewableEnergy #Sustainable #CleanEnergy