When geothermal piggybacks onto oil and gas operations, ‘the economics generally look really good,’ Gradient Geothermal CEO says.
Building on synergies with the oil and gas sector, geothermal companies seek to go hotter and deeper to unleash energy.
Technologies commonly used in oil and gas are making it cheaper to drill deep into hot reservoirs to generate geothermal power, but the oil sector could also learn from geothermal, panelists say.
IBAT CEO Iris Jancik, who stepped into the role in August, shared her insight on market conditions, lessons learned and China.
Cella, a startup in partnership with Halliburton, injects CO2 into basaltic reservoirs, where it reacts and hardens.
“That starts with fixing the slow, broken permitting processes in the U.S. and Europe,” Larry Fink, the co-founder, chairman and CEO of $12 trillion investment-management firm BlackRock Inc., told shareholders March 31.
The credits were generated from the Sapphire RNG facility, a joint venture that is 50% owned by OPAL Fuels.
Norges Bank’s deal with RWE includes the Nordseecluster wind farm in the German North Sea and the Thor wind farm in the Danish North Sea.
As part of the plan, Stryten said it also will increase domestic processing capacity of recycled plastic from spent batteries.
The 3.1-sq-m module was made with perovskite/silicon tandem solar cells, Trinasolar says.
Here is a look at some of this week’s renewable energy news, including another record for renewables power capacity growth.
When geothermal piggybacks onto oil and gas operations, ‘the economics generally look really good,’ Gradient Geothermal CEO says.
The second phase is expected to increase the project’s transport and storage capacity to more than 5 million tons of CO2 per year in 2028, TotalEnergies says.
BKV says it has more than 15 years of refrac and new drilling inventory in the Barnett.