Renewables now claim a 30.1% share of total US utility-scale electrical generating capacity, according to new Federal Energy Regulatory Commission (FERC) data.
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Sage Geosystems will launch EarthStore this year, which uses geothermal energy storage to produce clean electricity on demand.
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The US Department of the Interior has now permitted more than 25 gigawatts (GW) of clean energy projects – surpassing its original 25 GW by 2025 goal.
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Solar capacity additions hit the ground running in 2024, pushing renewables’ installed generating capacity past coal, according to new US Federal Energy Regulatory Commission (FERC) data.
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Texas is hot below ground and full of folks with oil and gas drilling expertise, so that makes it ripe for a geothermal energy boom, according to a new study from researchers at five Texas universities.
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Quaise Energy is on a mission to prove that deep geothermal drilling could provide more than enough clean energy to meet the world’s needs as we move away from fossil fuels. Matt Houde, cofounder at Quaise Energy, explained its potential at the TEDX Boston Planetary Stewardship Event last week.
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Dandelion Energy today announced the closure of a $70 million B1 funding round to scale geothermal in the US, but it quietly left Vermont in the fall.
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Geothermal supplies just 0.4% of the world’s energy today, but it could potentially supply up to 50% of the world’s energy by 2050, according to Carlos Araque, cofounder and CEO of Quaise Energy, who made that prediction at the SOSV Climate Tech Summit 2022 last week during a panel discussion called, “Is this geothermal’s moment?”
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US President Joe Biden signed the big climate bill – the Inflation Reduction Act (IRA) – earlier this week. Electrek spoke with Dan Gayer, JD, CPA, a senior manager in the tax practice at Baker Newman Noyes, about how homeowners can claim tax credits and rebates as they work to achieve energy efficiency and lower their energy bills.
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The US Department of Energy (DOE) yesterday issued a request for information (RFI) to support $84 million in enhanced geothermal systems (EGS) pilot demonstration projects. It’s part of the Biden administration’s Bipartisan Infrastructure Law, which passed last year.
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Could geothermal power be the future of electricity generation? Fully Charged‘s Robert Llewellyn visits Cornwall to find out how Eden Geothermal is unlocking geothermal energy in the granite beneath the ground.
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Renewable resources provided 99.9% of Vermont’s electricity generation in 2019, the largest share for any state, but it has more than 100,000 homes that use fuel oil, the dirtiest fuel for home heating. US residential geothermal company Dandelion Energy wants to help Vermont ditch the fuel oil – it today announced that it’s expanding its services into the Green Mountain State.
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Residential geothermal company Dandelion Energy yesterday announced that it’s hired a new vice president of drillings whose name is Jeremy Smith. What’s unique about Smith? The exec comes from a fossil-fuel background.
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Kathy Hannun came to geothermal while at Alphabet’s X (formerly called Google[x]). In May 2017, she spun the company out and assumed the role of CEO of Dandelion Energy. She’s now in the role of president of the company, which allows her more free time, which means she can talk to us!
Hunnan spoke with Electrek‘s publisher Seth Weintraub and writer Michelle Lewis about why home geothermal systems are more affordable, convenient, and energy-efficient than anything else out there. At the same time, geothermal eliminates the fossil-fuel-based heating oil and gas systems currently in use.
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In today’s Electrek Green Energy Brief (EGEB):
In today’s EGEB:
Electrek Green Energy Brief: A daily technical, financial, and political review/analysis of important green energy news.
Today on EGEB, MidAmerican claims it will be the first U.S. utility to offer 100% renewable energy to willing clients. Dandelion seeks to take a foothold in the heating and air conditioning market with a new geothermal unit. Foreign companies adapt to Trump’s tariffs by planning new U.S. factories.
