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Using Oil-Industry Tech to Create Clean Energy

Jan 18, 2024
Tim Latimer, CEO and co-founder of Fervo Energy, is using oil-industry tech to create clean geothermal energy. They discuss technological innovations in the oil and gas industry, relocating headquarters, successful geothermal projects, exploring renewable energy benefits, and working on an oil rig.
32:07

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Podcast summary created with Snipd AI

Quick takeaways

  • Fervo Energy is using innovations from the oil and gas industry to expand geothermal energy production to new places like the Utah desert and potentially, Mars.
  • Fervo Energy's drilling techniques and technology allow them to extract heat from deep rock formations, opening up new possibilities for geothermal power in areas without natural steam vents.

Deep dives

Using Innovations from the Oil and Gas Industry for Carbon-Free Energy

Tim Latimer, the co-founder and CEO of Fervo Energy, discusses how his company is using innovations from the oil and gas industry to generate carbon-free energy. By applying drilling techniques and technology to geothermal power, Fervo Energy aims to produce electricity from the natural heat of the Earth. They drill deep wells, both vertically and horizontally, and use the circulation of water through the hot rocks to create geothermal electricity. Fervo Energy successfully completed their first pilot project in Nevada and is now working on a larger project in Utah. Despite facing challenges in policy support and competition from other energy resources, geothermal power offers reliability and emissions-free advantages, making it an essential component for a decarbonized electric grid.

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