Terawatt-scale geothermal energy may be on the way

Photo: Cal Energy Generation geothermal power plant – January 8, 2017. Photo credit: slworking2 via Flickr – CC BY-NC-SA 2.0. Article by Greg Nichols. ZD Net – February 8, 2022.

A company dedicated to unlocking geothermal renewable energy just closed a Series A to help test out a novel drilling technology. Quaise Energy announced the $40M round along with upcoming demonstration targets. Geothermal energy has been in the news recently and is often described near-mythically as the only renewable, clean source of energy capable of providing baseload power for the transition away from fossil fuels. […]

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