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Energy & Power
Enhanced Geothermal Systems (EGS)
Overview
Unlike traditional geothermal which requires rare natural steam vents, Enhanced Geothermal Systems (EGS) drill miles into hot dry rock, inject water to fracture it, and pump up the heated water to drive steam turbines. EGS represents a massive untapped source of clean, continuous electricity.
Role in the Stack
It has the high energy density and reliability of nuclear power, but without the radioactive waste profile or regulatory red tape, making it highly attractive to technology companies.
Key Pioneers & Stakeholders
Fervo Energy
Chevron New Energies
Ormat Technologies
Google (Nevada Project)
Eavor Technologies
Key Statistics & Targets
100+ Gigawatts in US
EGS Resource Potential
3.5 MW operational
Google EGS Grid Feed
8,000+ feet
Average Drilling Depth
Future Industry Directions
1
Drilling Automation
Using automated rigs to dramatically lower geothermal drilling costs.
2
Thermo-electric Storage
Injecting excess solar/wind heat into underground reservoirs to use during peak hours.