Geothermal opportunities in the Pacific Rim could fuel major institutions
Eavor Blog
by Graham
1w ago
Geothermal energy could provide value to U.S. institutions in the Indo-Pacific region, according to an article by Foreign Policy, as it offers stable power that can boost energy security and geoeconomic interests. The article highlights that “all modern energy systems need baseload power,” and that de-risking geothermal technology is essential in driving large-scale development of this always-on energy source. The post Geothermal opportunities in the Pacific Rim could fuel major institutions appeared first on Eavor ..read more
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Advanced Geothermal Startup Praises Dept. of Interior’s New Categorical Exclusion That Will Accelerate Next-Gen Geothermal Exploration
Eavor Blog
by Graham
2w ago
CALGARY, Alberta, Canada – Eavor Technologies Inc., an advanced geothermal tech company and leader in geothermal energy solutions, commended the Department of the Interior for proposing a new categorical exclusion for geothermal exploration, marking a step forward in accelerating the discovery and development of geothermal resources on federal lands.  The post Advanced Geothermal Startup Praises Dept. of Interior’s New Categorical Exclusion That Will Accelerate Next-Gen Geothermal Exploration appeared first on Eavor ..read more
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Geothermal Potential Could Surpass Nuclear
Eavor Blog
by Graham
3w ago
Geothermal energy is undergoing a significant transformation akin to the technological boom of the shale revolution, according to an article in The Economist, and this shift could potentially enable geothermal to outperform nuclear generation. Geothermal has traditionally been limited to regions with naturally occurring underground reservoirs. However, the article states that innovative techniques are now making it possible to extract geothermal energy by drilling kilometres deep into hot rock, which can be done virtually anywhere across the planet. The post Geothermal Potential Could Surpass ..read more
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Geretsried Project Amplifying “Geothermal Anywhere” Solutions
Eavor Blog
by Graham
3w ago
Eavor’s project in Geretsried was featured in a detailed Anthropocene Magazine article as a prime example of the “new generation of geothermal anywhere efforts.” The project exemplifies modern innovation that harnesses heat radiating from the Earth’s 5,000°C molten core. Since the average temperature rises 30°C every kilometre drilled into the earth, this energy can be […] The post Geretsried Project Amplifying “Geothermal Anywhere” Solutions appeared first on Eavor ..read more
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UNITE 2024 Energy Disruptors Panel: Canada Should Focus on Consistency and Innovation During a Global Energy Transition
Eavor Blog
by Graham
3w ago
Implementing new energy solutions was a key topic at the UNITE 2024 Energy Disruptors Summit, where panelists tackled some of the most pressing challenges Canada is facing in the energy transition. John Redfern, Eavor founder and CEO, joined this panel to emphasize the difficulties of scaling up technologies, establishing nationwide regulations, and the crucial role of innovation in maintaining Canada’s global leadership. Redfern stressed that amidst the rise of extreme weather events, resilience in energy infrastructure is more critical than ever. He argued that these factors are undervalued ..read more
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Geologists Uncovering Areas in the UK with the Greatest Geothermal Potential
Eavor Blog
by Graham
1M ago
The past year has seen greater geothermal development in the UK, including the construction of the first geothermal plant, the launch of the UK’s First National Centre, and promising geological data being collected across central and southern England. Dr. Timothy Kearsey and his team at the British Geological Survey (BGS) have mapped Early Carboniferous limestones (ECLs) in this area, located approximately 4km deep. Kearsey’s research indicates that ECLs have the potential to become an important energy resource, as they offer substantial opportunities for deep geothermal energy. The article al ..read more
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Resounding positivity for Eavor’s first-ever Partner Summit
Eavor Blog
by Graham
1M ago
Eavor successfully hosted its inaugural Partner Summit at the Geretsried site on September 11-12, bringing together current and prospective partners for an exclusive tour of Eavor’s first commercial project. The summit welcomed over 120 attendees from across the globe, including Japan, New Zealand, Taiwan, North and South America, and various European countries. With crucial support from Eavor GmbH, the event toured a diverse array of participants, from investors to vendors, government officials, business leaders, and researchers. The post Resounding positivity for Eavor’s first-ever Partner S ..read more
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Immense potential for geothermal energy to revolutionize generated electricity
Eavor Blog
by Graham
1M ago
Eavor’s closed-loop technology, featured in an article detailing the significant benefits of advanced geothermal technology, is described as an example of innovative deep drilling methods that are making geothermal energy cost-effective and accessible. Written by Danilo Onorino, the global energy portfolio manager of Dogma Capital SA, the article highlights the importance of new deep drilling technologies in overcoming the challenges associated with accessing geothermal energy. Traditional geothermal methods often struggle with the hard, abrasive rock formations found at great depths, which ca ..read more
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Climate Positive Podcast Featuring Jeanine Vany: Eavor-Loop™ – the Underground Underdog
Eavor Blog
by Graham
2M ago
As the accelerating deployment of variable wind and solar resources pushes us ever closer to Net Zero – or the state whereby we’re not emitting any more greenhouse gas emissions into the atmosphere than we are simultaneously removing – we increasingly need to deploy both battery storage as well as dispatchable renewable baseload generation. But despite its ability to serve as dispatchable renewable baseload, geothermal energy today accounts for less than 1% of the world's primary energy supply.  The post Climate Positive Podcast Featuring Jeanine Vany: Eavor-Loop™ – the Underground Underd ..read more
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U.S. fundraises $11B in venture capital to rapidly expand climate tech
Eavor Blog
by Graham
2M ago
The 2024 Future of Climate Tech report by Silicon Valley Bank highlights significant advancements in geothermal technology and the Department of Energy's initiatives aimed at drastically reducing production costs, potentially establishing geothermal energy as a key baseload power source. The 2024 Future of Climate Tech report by Silicon Valley Bank highlights key trends and innovations in cleantech for the past year; notably, the Department of Energy’s (DOE) recent initiatives that could dramatically reduce geothermal production costs. Initiatives such as these could position geothermal techno ..read more
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