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Frackers Are Now Drilling for Clean Power

Amrith Ramkumar and Benoît Morenne of The Wall Street Journal write on the geothermal rush from frackers.

The C3 Take
  • Oil-and-gas companies like Chevron, BP, and Devon Energy are investing heavily in geothermal energy, leveraging technologies from the shale revolution to tap into underground heat for clean power production.
  • The convergence of interests between oil-and-gas, technology, and green power industries is driving the growth of modern geothermal startups, aiming to generate steady carbon-free electricity for the grid and power-hungry data centers.
  • Technological advancements, including horizontal drilling and sensor technology, are making geothermal energy more accessible and cost-effective, with startups like Fervo Energy leading the way in revolutionizing the industry’s approach to electricity generation.

“Technological advances in well drilling, modeling and sensor technology are expected to change that: The Energy Department estimates geothermal energy could power the equivalent of more than 65 million U.S. homes by 2050.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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