Investment is on the rise in geothermal, where advances in drilling techniques are driving down the cost of generation right as the grid needs more clean, firm, dispatchable power to meet rising load growth. And enhanced-geothermal startup Fervo is leading the pack of entrants, signing agreements to provide power to Southern California Edison and Google. So how ready are these next-generation geothermal technologies to scale? In this episode, Shayle talks to Dr. Roland Horne, professor of earth sciences at Stanford, where he leads the university’s geothermal program. Shayle and Roland cover topics like: Geothermal’s historical challenges of limited geography and high up-front costs Three pathways of next-generation geothermal: enhanced, closed-loop, and super-deep (also known as super-critical) Knowledge transfer from the oil and gas industry Advances in drilling technology that cut across multiple pathways Recommended resources U.S. Department of Energy: Pathways to Commercial Liftoff: Next-Generation Geothermal Power Latitude Media: Fervo eyes project-level finance as it plans for geothermal at scale Make sure to listen to our new podcast, Political Climate – an insider’s view on the most pressing policy questions in energy and climate. Tune in every other Friday for the latest takes from hosts Julia Pyper, Emily Domenech, and Brandon Hurlbut. Available on Apple, Spotify, or wherever you get your podcasts. Be sure to also check out Living Planet, a weekly show from Deutsche Welle that brings you the stories, facts, and debates on the key environmental issues affecting our planet. Tune in to Living Planet every Friday on Apple, Spotify, or wherever you get your podcasts. Want to win Catalyst merch? Tell your friends about the show. We’ll give you a unique link that you can share. For every friend who signs up with your link, you’ll get a chance to win. Sign up here.
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