An article published on SciTechDaily emphasized that the ability to extract energy from superhot rock has the potential to “change everything” in the renewable energy landscape. The article, written by Quaise Energy’s Elizabeth Thompson, highlighted that tapping into heated rock several miles into earth’s subsurface was a major topic at the Geothermal Rising Conference of 2023, as showcased in 18 individual papers.

Eavor’s pivotal role in Calgary’s cleantech expansion has garnered recognition from both Nate Glubish, the Minister of Technology and Innovation at the Government of Alberta, and has been highlighted in a comprehensive report by Colliers. This acknowledgment signifies Eavor’s leading contribution to Calgary being the fastest-growing digital innovation hub in Canada. As a result, the city is witnessing heightened interest from investors.

In an article published in Newsweek, Eavor Executive VP Origination Robert Winsloe describes Eavor’s evolving global viability and widespread appeal. Winsloe explains that rather than relying on hot aquifers, which accounts for about 5 percent of the world’s surface, Eavor’s approach is to harness heat that is accessible across the planet; heat from hot subterranean rock. This makes Eavor’s technology globally scalable, with the possibility to implement local energy autonomy almost anywhere in the world.

InsideHook delves into Eavor’s mission to revolutionize the energy landscape in a feature article published on http://msn.com , detailing the company’s co-founders’ strategic approach to overcoming geothermal energy limitations and scaling it globally.

A presentation from Development Engineer, Ryan Martin demonstrated the technological successes of Eavor-Loop™ technology, and the benefits it offers, at the ETIP Geothermal Annual Conference in Pisa, Italy. Martin explained that the benefits of Eavor-Loop™ are multifaceted. For example, not only does it eliminate the reliance on permeable aquifers, it has a minimal surface footprint, and its inherent density-driven circulation eliminates the need for pumps, ensuring a parasitic load-free system.

In the context of rising temperatures worldwide, the EU has committed to achieving climate neutrality by 2050, and intends to transition away from carbon-based fuels to renewable energy sources. According to the Director-General for Climate Action Kurt Vandenberghe, one of the biggest challenges in achieving that goal is scalability, as the reliability of intermittent sources are susceptible to weather patterns and daylight hours.