“History in the Making:” Eavor’s geothermal at Joint Base San Antonio
The Eavor team recently visited the Joint Base San Antonio (JBSA) to begin a geothermal prototype project at the base; a first-of-its kind said to mark history in the making according to U.S. Air Force Brig. Gen. Russell D. Driggers, JBSA and 502nd Air Base Wing commander. Driggers emphasized the importance of forward-thinking and the exploration of diverse, resilient energy sources to mitigate emissions, bolster security, and ensure sustainable operations for the long term. The pilot project at JBSA is viewed as a potentially major stride in achieving these goals.
CBC Radio-Canada features Eavor’s John Redfern and Chris Cheng
CBC Radio-Canada recently interviewed Eavor CEO John Redfern and Development Engineering Manager Chris Cheng, platforming Eavor’s closed-loop system and how it’s poised to revolutionize the geothermal landscape. The interview, which included a visit to the Eavor-Lite™ facility near Rocky Mountain House Alta., offered a firsthand look at the practical application of the technology. At the site, Cheng detailed the operational success of Eavor-Lite™ over the past four years and emphasized its consistent delivery of the forecasted energy output.
Highlighted by Crunchbase News, Eavor has become a leader in Canada’s cleantech geothermal landscape
Eavor has become one of the recipients to some of the largest Canadian cleantech investments this year. Alongside CarbonCure Technologies and OYA Renewables, Crunchbase News allocated Eavor’s successes as evidence that Canada is “moving up the cleantech ranks” in the world. Canada’s increased funding for cleantech startups is projected to exceed last year’s record-setting totals, according to Crunchbase. Despite Canadians making up about 0.5 percent of the global population, the country ranks fifth in the world for cleantech investments between 2021 and Q3 2023.
Eavor listed in top 6 Canadian cleantech companies “to watch for”
Eavor has been listed as one of the top 6 Canadian cleantech companies that have achieved significant fundraising milestones in 2023. In a recent LinkedIn post by CS Partners CEO Simon Leich, it was highlighted that Canadian cleantech companies are making significant strides in fundraising, with a particular focus on geothermal energy, carbon capture, and utility-scale solar. This surge in investments, totaling approximately a billion USD, is propelling Canada to the forefront of the global renewable energy sector, despite the country comprising only 0.5 percent of the world’s population. Currently ranking fifth globally in cleantech investments, Canada’s commitment to a clean economy is evident, solidifying its position as a leading advocate for a sustainable future.
Alex Vetsak delves into Eavor’s innovative insulated drill pipe
Alex Vetsak, well construction advisor at Eavor, delves into Eavor’s innovative insulated drill pipe technology in an interview with the IADC Drilling Engineers Committee (DEC). Vetsak highlights the modularity of the technology, and how this insulation protects equipment when operating within the cased sections and open hole sections. He further explains that previous demonstrations have allowed Eavor to better understand the actual thermal output of this insulated drill pipe technology, which solidified better understanding of the thermal performance and mechanical integrity of the closed-loop system.
Eavor’s Anna Rogers Wins Young Professional Award for Her Achievements in Applied Research
Geomechanics Specialist Anna Rogers recently won the Young Professional Award in Applied Research at the 2023 Geothermal Rising Conference. This award acknowledges young individuals who have made substantial advancements in the geothermal sector and innovative contributions to sustainable solutions. “I’m very excited to have received this recognition, but this award is a reflection of the entire team at Eavor and many other mentors. I am very thankful for the support I have had,” said Rogers.
Eavor Vancouver Feasibility Study Announced
Creative Energy, a low-carbon district energy system company, has just announced that they will conduct a feasibility study in collaboration with Eavor. This study aims to explore the integration of Eavor’s innovative closed-loop geothermal technology into their Vancouver Core system. Recognized as a leader in innovative energy solutions, Creative Energy designs, builds, owns, and operates sustainable district energy systems and has been serving its customers for over 55 years with a reliability rate of 99.99%.
Levelized Full System Costs of Electricity
Different electricity generating technologies are often compared using the Levelized Costs of Electricity (LCOE), which summarize different ratios of fixed to variable costs into a single cost metric. They have been criticized for ignoring the effects of intermittency and non-dispatchability. This paper introduces the Levelized Full System Costs of Electricity (LFSCOE), a novel cost evaluation metric that compares the costs of serving the entire market using just one source plus storage. Like LCOE, and in contrast to alternatives such as System LCOE, LFSCOE condense the cost for each technology into one number per market. The paper calculates LFSCOE for several technologies using data from two different markets. It then discusses some refinements, including the LFSCOE-95 metric that require each technology to supply only 95% of total demand.
Eavor receives $90m investment from Canada Growth Fund with Deputy Prime Minister’s support
On Oct 25th, 2023, A press conference held at Eavor’s central office in downtown Calgary hosted multiple high-profile industry leaders to announce Canada Growth Fund’s (CGF) $90m investment in Eavor, including Deputy Prime Minister Chrystia Freeland. “The great people here at Eavor are doing some incredibly important and innovative work. In the years to come, that work will be more important than ever for Alberta, for Canada, and for the whole world,” said Freeland.
Dr. Malcolm Ross and his team at the University of Texas are investigating the geothermal potential of salt domes
Project SpindleHot, created by Dr. Malcolm Ross and his “HotRock” Research Consortium team at the Bureau of Economic Geology (BEG), plans to tap into a source of heat energy previously thought to be inaccessible via traditional geothermal means: salt domes. “Salt has some interesting characteristics beyond flavour enhancement. For example, did you know that salt is mobile over human time scales, and it behaves like toothpaste being squeezed upwards into myriads of shapes by heavy overlying sediments,” says Dr. Ross.
Modern Power Systems Magazine platforms Eavor as a growing “hot topic.”
Eavor’s first commercial power plant took the spotlight in a Modern Power Systems magazine feature article, detailing how Eavor is propelling geothermal energy in “attracting growing interest worldwide.” Eavor’s inaugural commercial power plant in Geretsried is slated to commence partial operations by October 2024 and reach full functionality with four Eavor-Loops™ by August 2026. This is aimed to generate 64MWt for district heating and 8.2 MWe of power, and according to the magazine, it is also putting Eavor at the forefront of a “geothermal resurgence.”
Eavor’s contract with US Air Force is “enabling energy independence” by using “Holy Grail” technology
The Defense Post and RechargeNews recently posted articles about Eavor’s contract with the US Air Force to supply clean energy to the Joint Base San Antonio (JBSA) in Texas. Eavor’s innovative Geoenergy solution is being platformed as a game-changer, with the Defense Post article emphasizing how it is “enabling energy independence.” Furthermore, RechargeNews dubs it “Holy Grail” technology for harnessing nearly boundless energy from the Earth’s core.
