Catalyst with Shayle Kann Going deep on next-gen geothermal
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Jun 27, 2024 
Dr. Roland Horne discusses next-gen geothermal technologies including enhanced, closed-loop, and super-deep methods. They explore transfer of technology from oil and gas industry, advances in drilling, and scalability of geothermal power. Fervo Energy's innovative approach in geothermal development is highlighted, emphasizing the urgency to expedite progress for sustainability.
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Geothermal Challenges
- Geothermal power faces two main challenges: limited geographical availability and high upfront costs.
- These challenges hinder its expansion despite the need for clean, firm power.
Conventional Geothermal
- Conventional geothermal relies on heat, water, and permeability.
- It involves extracting hot water/steam, running it through a turbine, and reinjecting it.
Geothermal Cost Drivers
- The primary cost driver for geothermal isn't the operational cost, but the geological uncertainty.
- This uncertainty affects both resource assessment and financing.