Geothermal Transition

    • Region: Europe
    • Topics: Geothermal
    • Date: July, 2024

    geothermal sunsetIrish company TerraThermo Ltd and alfa8 Colab Ltd (alfa8) have announced the signing of an Investment Agreement to financially support the development of Projekt Thermo, a 12MW deep geothermal power plant project in

    ...
    • Region: North Sea
    • Topics: Decommissioning
    • Date: July, 2024

    elemental energies well expertise acquisitionWells and subsurface specialist, Elemental Energies, has announced the acquisition of Norway-based well management and consultancy company, Well Expertise AS.

    Expected to generate revenues surpassing

    ...
    • Region: North Sea
    • Topics: Geothermal
    • Date: July, 2024

    geothermal in finlandBacked by the Ministry of Economic Affairs and Employment and Salon Kaukolämpö Oy, Lounavoima is developing a geothermal heat well storage at its waste-to-energy (WtE) plant at the Lounapuisto circular economy park in Salo.

    Following good test run from the first

    ...
    • Region: North America
    • Topics: Geothermal
    • Date: July, 2024

    Fervo Cape StationFervo Energy has announced the execution of two power purchase agreements (PPAs) with one of the US’ largest utility companies, Southern California Edison (SCE), for the provision of 320MW worth of geothermal energy to 350,000 homes across

    ...
    • Region: All
    • Topics: Geothermal
    • Date: June, 2024

    SLB ormatSLB and Ormat Technologies have entered into a strategic collaboration to develop integrated geothermal projects which reduce the associated risks while improving overall economics and ensuring long-term reliability.

    The integrated

    ...
    • Region: North Sea
    • Topics: Geothermal
    • Date: June, 2024

    National Geothermal Center team members posing for a picture together.

    The UK National Geothermal Centre (NGC) has been launched to accelerate the UK geothermal sector and enhance the role it can play in decarbonising the UK’s future energy mix.

    With funding from the Net Zero Technology Centre (NZTC), Durham University, SHIFT

    ...
    • Region: APAC
    • Topics: Geothermal
    • Date: June, 2024

    1Following encouraging results from extensive surveys, INPEX Corporation has decided to go ahead with exploratory drilling for geothermal energy development in Shibetsu Town, Hokkaido, Japan. 

    Since its nomination in the process of the 'Selection of

    ...
  • GTS EU report banner

    Europe continues to spearhead geothermal progress and innovation, and after a milestone resolution endorsement made by the European Union Parliament earlier this year, the future of the market looks prosperous. 

    ...

    • Region: Europe
    • Topics: Geothermal
    • Date: June, 2024

    GTS EU report bannerWhile Europe has often spearheaded geothermal progress and innovation, the past few years have played witness to a stagnated playing field as financial blockades and unclear legislation has somewhat slowed the project pipeline. However, after funding through both private and public channels continues to gain momentum, the region has the resources and drive to become a major market player within the

    ...
    • Region: Germany
    • Topics: Geothermal
    • Date: June, 2024

    geothermal in germanyAn interdisciplinary joint project on geothermal development in Germany, AGENS has received a €44.4mn grant from the Federal Ministry for Economic Affairs and Climate Protection (BMWK), based on a resolution of the German Bundestag. 

    Defined as the

    ...
    • Region: APAC
    • Topics: Geothermal
    • Date: June, 2024

    PGE PLN bosst geo energy in IndonesiaIn a drive to leverage Indonesia's vast geothermal poetntial, PT Pertamina Geothermal Energy Tbk and PT PLN Indonesia Power have signed a joint development agreement (JDA) in Jakarta to optimise the capacity of several geothermal power plants (PLTP)

    ...
    • Region: North America
    • Topics: Geothermal
    • Date: May, 2024

    Colorado geothermal 1Colorado-based company, Gradient Geothermal, has announced it has received funding from the state Energy Office’s Geothermal Energy Grant Program for the execution of a landmark feasibility study in

    ...
    • Region: All
    • Topics: Geothermal
    • Date: May, 2024

    Halliburton Geothermal pumpDesigned particularly for geothermal energy applications, Halliburton Company's latest product range includes the GeoESP lifting pumps, distinguished with features such as advanced submersible borehole and surface pump technology.

    Developed

    ...
    • Region: Europe
    • Topics: Geothermal
    • Date: May, 2024

    geothermal north ameircaThe European Investment Bank (EIB) has provided a loan to Eavor Technologies to support the commercial-scale geothermal heating project in the German state of Bavaria.

    Eavor will implement its closed-loop technology,

    ...
    • Region: Europe
    • Topics: Geothermal
    • Date: Apr, 2024

    geothermal sunsetAGR has been awarded a contract by geothermal energy supplier Innargi for the provision of technical consultancy for three appraisal wells being drilled in Aarhus, Denmark.

    Through the contract, AGR will provide wellsite geology and drilling supervision over the

    ...
    • Region: All
    • Topics: Geothermal
    • Date: Apr, 2024

    geothermal landscpaeGreenFire Energy Inc. and Stoic Transitional Resources have announced a pioneering collaboration effort for innovative geothermal energy solutions.

    Through a cross-license agreement that covers GreenFire’s patented GreenLoop technology and

    ...
    • Region: North America
    • Topics: Geothermal
    • Date: Apr, 2024

    Turboden Fervo geothermalOrganic Rankine Cycle (ORC) systems provider Turboden has collaborated with enhanced geothermal systems company Fervo Energy on advancing the Cape Station project. 

    With an anticipated total project capacity of approximately 400 MW, the project is

    ...
    • Region: Asia Pacific
    • Topics: Geothermal
    • Date: Apr, 2024

    gts apac report bannerWith the race to a net zero future continues to heat up across the globe, more eyes are turning towards geothermal methods as a suitable alternative for energy. While the US continues to dominate the word stage when it

    ...
    • Region: APAC
    • Topics: Geothermal
    • Date: April, 2024

    Sinopec Completes Drilling China s Deepest Geothermal Exploration Well 5 200In a breakthrough exploration of 250mn-year-old granite in South China, China Petroleum & Chemical Corporation (Sinopec) has completed the drilling of Fushen-1

    ...
    • Region: All
    • Topics: Geothermal
    • Date: Apr, 2024

    Core Main GSS acquisitionInfrastructure service provider Core & Main has entered into a definitive agreement to acquire the entire asset range of Kentucky-based, high-density polyethylene (HDPE) pipe distributor Geothermal Supply Company. 

    "From the beginning, GSC set

    ...

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