Quaise Energy

Houston-based geothermal technology firm Quaise Energy is exploring how geothermal heat could hybridize and decarbonize a remote, privately owned power coal-fired plant that supports mining operations at Nevada Gold Mines (NGM), the single largest gold-producing complex in the world. A Dec. 3-announced partnership between Quaise and NGM— a joint venture company owned by Barrick Gold […]

–Climate tech panelists discuss field’s huge potential and challenges CAMBRIDGE, MA–Geothermal energy—the heat deep below our feet—has the potential to become the workhorse of the energy transition as it grows from supplying just 0.4 percent of the world’s energy today to upward of 20, 30, and even 50 percent by 2050. That’s according to the […]

According to a report released in 2019 by the U.S. Department of Energy, geothermal electricity generation could increase more than 26-fold by 2050—reaching 60 GW of installed capacity. That may seem like a pipe dream to some power observers, but if new well-drilling techniques allow enhanced geothermal systems to become economical, the reality could be […]

Although geothermal energy supplies a very small percentage of the electricity used around the world currently, geothermal advocates aren’t letting the seeming insignificance of the existing power generation capacity detract from their enthusiasm about the future. After years of relative obscurity compared to other renewable energy sources, such as solar and wind, geothermal energy is […]