"The Netherlands, Denmark, Sweden and Belgium have been the primary users of geothermal aquifers, but Darcy aims to change that. Ed said the startup has expanded to Wisconsin and will now begin adding more states that have the right groundwater characteristics to work with its technology."
"Maine used to host a nuclear power plant that generated 119 billion kilowatt hours (kWh) of electricity — enough for the entire state’s energy needs. The Maine Yankee Atomic Power plant in Wiscasset provided good jobs and massive tax revenue for the town, with the plant contributing 91% of the town’s tax base in 1996. Plant employees who lived locally did not have to pay for their utilities, a great perk for many Wiscasset residents. After several referendums against the plant and maintenance that became too expensive to fix, Maine Yankee was closed in 1996. Today, almost 20 percent of Wiscasset residents live below the poverty line."
"There is no shortage of conservative leaders in this space today, and they all have one thing in common: supporting American-driven innovation that allows us to lead the world in emissions reductions while also providing reliable, affordable, clean energy here at home and around the world."
"So, today, some leaders of the anti-nuclear community are headed to the exits, while a new generation of pro-nuclear climate activists enters to take their place — although, admittedly, the shift is not universal. It is a change mirrored in Congress and among the public. In the face of the existential risk of climate change, there has been a significant reconsideration of nuclear energy and, I believe, it will lead to the widespread deployment of a new generation of advanced nuclear units. What a difference."
"By adopting a holistic approach that focuses on regulatory reform, reducing government bureaucracy, and moving away from abusive litigation practices, we can surmount the barriers hindering the transition towards a sustainable energy future."
"The companies will initially focus on proving out the demand aggregation and procurement model through advanced technology pilot projects in the United States. The companies will pilot a project delivery framework focused on three enabling levers for early commercial projects: signing offtake agreements for technologies that are still early on the cost curve, bringing a clear customer voice to policymakers and other stakeholders on broader long-term ecosystem improvements, and developing new enabling tariff structures in partnership with energy providers and utilities."
"All the mandates, waivers, and box-checking add time and cost to government purchases. The law itself says BABA can increase costs by up to 25% on the entirety of a project. But according to some studies, products subject to Buy America requirements can easily cost more. The Federal Highway Administration, which already had to adhere to the old Buy America law, this month estimated that some of the new BABA requirements could cost more than $700 million a year to implement, although the agency admitted it didn’t calculate the expense of compliance and delays."
"FERC’s proposed transmission planning rule requires regional plans to study Dynamic Line Ratings and Advanced Power Flow Control. This would be a leap forward for America’s grid, but FERC can’t stop there. Further, specific requirements will be needed, and incentive reform will drive utilities toward an optimized transmission grid. As more generation and storage plug in at the distribution level, we’ll also have to apply these tools on the lower voltage grid. This is another reason utilities must put GETs in their toolboxes today."
"Stopping biofouling buildup isn’t just good for the climate: Many scientists have sounded the alarm on ecological threats posed by invasive species that hitchhike on ships. In recent years, Australia and New Zealand tightened scrutiny of ships arriving in their waters, including requiring regular removal of biofouling. California, home to some of America’s biggest ports by cargo tonnage, also requires biofouling management."
Deep geothermal is safe and secure, making it the solution for clean baseload power. Legislative support, exemplified by recent rare bipartisan legislation for geothermal energy and investment, is a strong barometer for the future of this limitless green energy that has the operations and technological prowess to deliver. Watch for 2024 to be the year geothermal moves past promise and into a leading role for global power.
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