Develop Geothermal Project Articles & Analysis
5 articles found
Temperature rating In 2025, Vista Clara developed an electronics-based solution to improve the temperature rating of all Javelin and Dart downhole NMR logging tools, enabling reliable operation at borehole temperatures up to 85°C. This technical advancement significantly broadens the range of applications for Javelin and Dart tools, allowing them to accurately estimate ...
Cost Geothermal projects are often characterised by high upfront costs and long development timelines that lead to protracted investment payback periods compared to many other utility-scale power generation projects. ...
In 2008 AltaRock Energy made an agreement with Weyerhaeuser Company (NYSE:WY) to explore the potential for developing geothermal projects on 667,000 acres of land in California, Oregon, and Washington. After 3 years of exploration and evaluation, AltaRock exercised its option to lease the geothermal right to approximately 45,000 ...
To help break down these barriers and de-risk geothermal development, the CIF is allocating $810 million for geothermal investments in 15 countries. Over $10 billion in co-financing is expected for a dynamic project pipeline with the potential to lead to the development of 3.5 GW of geothermal ...
But unlike the relative ease of measuring wind speed and solar radiation, test-drilling to assess deep heat resources prior to building a geothermal power plant is uncertain and costly. The developer may spend 15 percent of the project's capital cost during test-drilling, with no guarantee of finding a viable site. ...