X, the moonshot factory’s Post

Working in this industry means I continually discover mind-blowing insights… Did you know that geothermal energy is virtually infinite, extremely low in greenhouse gas emissions, and has a relatively small surface footprint?! Mildly put, its potential to positively impact the planet—and the energy industry itself—is staggering.    Of course, there are hurdles in scalability and environmental safety if we wish to harness geothermal’s potential (and we do). But they’re not totally unprecedented. In fact, this massive opportunity is 100% attainable with deep investment in new tech and strategic cooperation across our industry globally.  So, what is the role of “enhanced” geothermal systems (EGS) in all of this? Benoit Deville, SLB's Tech Development Director for Geothermal, does a good job of explaining it: https://lnkd.in/e8sCKuEY

Coming up with geothermal solutions that use various types of heat from the subsurface applied to industrial processes, is a great step towards broadening the use of this fantastic parmanent source of clean energy.

I'm excited to share that #SINTEF and I are part of the newly granted Horizon project, GEOSYN: "Geothermal Synergy: Enhancing Industrial Energy Efficiency through Steam Heat Pumps and Heat-Powered Cooling Systems." The goal of GEOSYN is to validate a cutting-edge geothermal steam heat pump, combined with heat-powered refrigeration systems, for industrial use. This system taps into heat from deep or shallow geothermal sources and prioritizes sustainability by using water as the working fluid throughout. One of the project’s key objectives is to improve cost-efficiency and boost geothermal energy use, even in areas without large geothermal reservoirs. The technology can adapt to various scenarios by connecting to thermal energy storage, and can work with different heat sources, including geothermal and waste heat, at varying temperatures. Beyond the technical innovations, GEOSYN also aims to increase public awareness and engage policymakers to support geothermal energy at local, regional, and national levels. The project will showcase the affordability and reliability of geothermal solutions for industrial processes, helping to build trust in this clean energy technology. The GEOSYN project is coordinated by #APRE (Agenzia per la Promozione della Ricerca Europea) and brings together 10 organizations from 5 European countries (Italy, Denmark, France, Norway, and Ukraine), with expertise ranging from technological development to social science, reflecting different stages of geothermal energy maturity across Europe.

📺 GeoTV is live - Get inspired by latest geothermal news from around the world📺 In this inaugural episode, I particularily enjoyed the deep dive into Kenya's geothermal advancements and the pivotal role of policy in shaping the industry's future. Furthermore, we explore innovative financing initiatives and the latest technologies driving the geothermal decade. GeoTV is a collaboration between Baseload Capital and ThinkGeoEnergy with the ultimate goal to inform, inspire, and engage audiences worldwide. This episode is sponsored by Ormat Technologies, Inc. Don’t miss out on this journey towards a greener future powered by geothermal energy! Watch now:https://hubs.la/Q02vlP9S0 #GeoTV #GeothermalEnergy #Sustainability #Collaboration #ThinkGeoEnergy #OrmatTechnologies

🔋 **Revolutionizing Energy Extraction: MIT Spin-off Quaise Energy** 🌍 Quaise Energy, an innovative MIT spin-off, is on a mission to redefine energy extraction. With their groundbreaking millimeter wave drilling technology, they're tapping into superhot rocks at a staggering 700°F, unlocking up to 10 times more energy than traditional methods. This cutting-edge approach opens new frontiers, exploring areas previously untouched by the oil and gas industry. Imagine the potential: cleaner, more efficient energy powering our future! Stay tuned for more updates on how Quaise Energy is shaping the future of sustainable energy. #EnergyInnovation #SustainableFuture #MIT #QuaiseEnergy #CleanEnergy #TechRevolution

The geothermal revolution. In the latest episode of GeoTV, we’re diving into the exciting future of geothermal energy. We explore the potential of geothermal in the United States, where technological innovation and increasing political support could greatly expand its capacity. Experts predict that by 2050, geothermal energy could account for up to 10% of the country’s electricity generation! Curious to know more? Watch the full episode on Baseload Capitals YouTube channel. #GeoTV #GeothermalEnergy #IndustryLeaders #SustainableFuture

Danilo Onorino’s article highlights the advancements in geothermal energy, particularly Eavor’s closed-loop technology, which uses innovative methods to make geothermal more cost-effective and globally accessible. https://lnkd.in/gBBAYrN5 #Eavor #EnergyForEavor #NextGenerationGeothermal #Geothermal

Today we're celebrating World Geothermal Energy Day by highlighting the massive potential of this renewable energy source to help us in meeting the global climate ambitions: 👉 Geothermal is versatile from district heating to power generation 👉 It's estimated that over 70% of geothermal resources are still untapped 👉 Unlike other renewable sources, geothermal lacks intermittency issues 👉 Geothermal has the lowest impact of any renewable source Curious to learn more about the potential of geothermal energy and the opportunities for geoscience to help scale this technology? Check out the below video from Dr. Gehrig Schultz or visit eageget.org to learn more about participating in the upcoming GET event. #worldgeothermalenergyday #eageGET2024

Join us virtually on May 15 to learn about the Geoscience of Geothermal Energy Investment with Bill Heins. https://lnkd.in/gtVZ-Hgn Geothermal energy development creates value at the intersection of nature, technology, and economics. Bill Heins (W/C’84) will lead us on a subterranean tour of the globe to investigate how uneven distribution of resource endowment influences technology choices and investment decisions as we attempt to capture the clean, always-on heat beneath our feet to meet energy demand.

MIT Spin-Off Set to Extract 10x More Geothermal Energy from Superheated Rocks. Quaise Energy, a geothermal energy spin-off from MIT, is on the brink of revolutionizing energy extraction by tapping into rocks heated to 700°F. This innovative approach could boost energy output tenfold, offering a sustainable and powerful alternative to fossil fuels. By significantly reducing carbon emissions, this method has the potential to transform the global energy landscape. Recommend you read the full article to learn more about this groundbreaking technology. https://lnkd.in/ddBiUhXE #sustainableenergy #mit #newenergy