Eavor and Getech announce joint effort to develop next-generation geothermal exploration and development in Latin America
Category leader in next-generation geothermal energy, Eavor Technologies, is announcing a Strategic Collaboration Agreement with green energy company Getech group. Getech is an international company specializing in advancing the clean energy transition with world-class geoscience data and proprietary Heat Seeker™ software. The company’s revolutionary approach to energy generation is designed to bypass risks, costs, and exploration time associated with traditional geo-energy extraction methods.
Nunavut announces new study to unlock green energy potential in the Canadian Arctic
The Canadian government has invested over $1 million into the research and exploration of Nunavut’s geothermal heat and energy potential. Canadian Northern Economic Development Agency and the territory’s sole energy provider Qulliq Energy Corporation will fund research analyzing subterranean conditions in the remote communities of Resolute Bay, Baker Lake, and Cambridge Bay over the next three years.
Energy Council of Canada releases end-of-year-review from CEO & President
The Energy Council of Canada released a newsletter mid-December with a letter from President and CEO Jacob Irving, summarizing the major energy sector news of 2022. Irving details the fluctuations felt in international oil and gas markets, from prices to production rates and changes in supply and demand.
Geothermal development in Scotland is heating up
Scotland is looking for new ways to explore clean energy and next-level geothermal heating and cooling in order to meet ambitious climate goals in the next decade. Scottish news publication The Herald reported on exciting new developments in research into new applications of geothermal energy using old coal mines.
Nevada is making space for dispatchable green energy amidst energy instability in the southern American states
Online energy publication Renewable Energy World recently reported on the announcement of a comprehensive green-tech project in Nevada designed to increase the state’s energy security and facilitate a transition to renewables. NV energy, a public utility provider in Nevada has awarded swiss-based Energy Vault Holdings a contract to provide a battery energy storage system, also known as BESS. The project is estimated to be up and running by winter 2023.
Yukon government proposes geothermal development legislation for late 2023
New green energy development legislation is being considered in the Yukon in order to harness the region’s subterranean renewable potential and decrease reliance on fossil fuels by switching to next-generation geothermal energy. CBC Yukon journalist Julien Gignac reported these regulations for geothermal exploration and extraction could be in place as soon as the fall of 2023. The article follows closely on the heels of an October report detailing the predicted impacts of climate change on the Territory’s unique landscape and way of life.
Federal government introduces geothermal education initiative in Nova Scotia
First Nations and rural communities in Nova Scotia are getting ready to turn up the heat on geothermal energy. A new federal program dubbed Community Geothermal Resource Capacity Assessment and Training, or GeoCAT for short, was announced in early November. CBC’s Erin Pottie’s article covering the announcement of the program describes how the $1.3 million budget will be spent to educate stakeholders and community members about the Maritime province’s next-generation geothermal energy potential, and accessible technologies that can be used to access it.
Eavor-Loop™ Dispatchability Case Study for PPA with Utility
Eavor-Loop™, a multilateral closed loop geothermal system, is a clean firm power generation technology that can be scaled to phase out fossil fuel baseload and peaker plant generation. Eavor has partnered with a major US utility for the large-scale development of Eavor-Loops to supply clean firm power to the grid. The favorable geothermal gradients in the region, coupled with the scalability of the Eavor-Loop™ solution, indicate that there is >1.2GW of potential Eavor-Loop™ generation on the selected project licence area located in southwestern USA.
Clean Air Task Force labels Eavor as a leading developer of superhot rock geothermal energy
A CNBC article reporting the details of superhot rock geothermal potential was published in late October, after a compelling report by the Clean Air Task Force was released. The article, written by CNBC climate innovation and technology reporter Cat Clifford, is full of blue text and statistics, a veritable information hub for readers interested in learning more about geothermal energy, energy policies and initiatives in the United States, and major players in the clean energy field.
Innovation podcast Says Hi to Eavor, the future of geothermal energy
Say Hi to the Future podcast recently hosted Eavor Technologies Inc engineer Colin Brown to explain how Eavor is the leader of next-generation geothermal energy worldwide. Ken Tencer, CEO of Spyderworks, a marketing and management consultancy company, hosts the video podcast. Tencer started his podcast in early 2021 to shed light on “the human side of human ingenuity: clever, inventive, and original thinking.”
Co-founder and Executive Vice President of Geosciences at Eavor Jeanine Vany announces Patricia Lee Trailblazer Award win
With a modest post on LinkedIn on November 22, Jeanine Vany, Executive Vice President of Geosciences for Eavor Technologies revealed she was the recipient of the first Patricia J. Lee Trailblazer Award in 2021. The award, inspired by the revered oil and gas geologist Patricia Lee, recognizes individuals or teams who are impacting the energy geosciences sector in undeniable and relevant ways. Created by the Canadian Society for Petroleum Geoscientists, the award pays homage to innovation, long-term vision, and collaboration in the field, demonstrated by the distinction’s namesake.
The Role of Clean Firm Power Generation in a 2050 Net-Zero Electricity Grid
Utility solar and wind generation play a large role in the pathways to a 24/7 carbon free energy future, especially considering that these resources are (and likely will remain for the coming decades) the least expensive form of electricity generation. While they are a central part of the mix, wind and solar alone will be insufficient. The intermittent nature of wind and solar, combined with their increased adoption in the grid, will create resiliency challenges towards meeting energy demand hour-by-hour, year over year.
