Geothermal energy

Prime Minister of Dominica Touts Unparalleled Benefits of Citizenship by Investment Programme

Retrieved on: 
Tuesday, January 9, 2024

The Prime Minister also highlighted the substantial financial assistance provided to citizens post-hurricane events allocated for roof and home repairs.

Key Points: 
  • The Prime Minister also highlighted the substantial financial assistance provided to citizens post-hurricane events allocated for roof and home repairs.
  • The Prime Minister emphasised the CBI funds allocated at low-interest rates through the AID Bank to foster economic growth and job creation.
  • The Prime Minister expanded on the multifaceted benefits stemming from the CBI Programme.
  • The Commonwealth of Dominica's government has introduced a comprehensive set of regulations to strengthen its CBI Programme and the Citizenship by Investment Unit (CBIU).

Global Internet of Things (IoT) Analytics Business Research Report 2024-2030: Analytics and Data Science for IoT Takes a Quantum Leap Against the Backdrop of the Rapidly Expanding IoT Ecosystem

Retrieved on: 
Tuesday, January 2, 2024

DUBLIN, Jan. 2, 2024 /PRNewswire/ -- The "Internet of Things (IoT) Analytics - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 2, 2024 /PRNewswire/ -- The "Internet of Things (IoT) Analytics - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Internet of Things (IoT) Analytics estimated at US$24.8 Billion in the year 2022, is projected to reach a revised size of US$166.5 Billion by 2030, growing at a CAGR of 26.9% over the analysis period 2022-2030.
  • Manufacturing, one of the segments analyzed in the report, is projected to record 30% CAGR and reach US$55.9 Billion by the end of the analysis period.
  • Growth in the Energy & Utilities segment is estimated at 25.7% CAGR for the next 8-year period.

Partnering with Chevron and Mubadala Energy, Pertamina Geothermal Energy Aims to Explore Geothermal Opportunities in Kotamobagu

Retrieved on: 
Wednesday, November 15, 2023

Washington, D.C., Nov 15, 2023 - (ACN Newswire) - PT Pertamina Geothermal Energy Tbk (PGE) (IDX: PGEO) announced its cooperation with Chevron New Energies International (Chevron) and Mubadala Energy to embark on a Joint Study Agreement (JSA) to explore the geothermal potential in Kotamobagu, North Sulawesi, Indonesia.

Key Points: 
  • Washington, D.C., Nov 15, 2023 - (ACN Newswire) - PT Pertamina Geothermal Energy Tbk (PGE) (IDX: PGEO) announced its cooperation with Chevron New Energies International (Chevron) and Mubadala Energy to embark on a Joint Study Agreement (JSA) to explore the geothermal potential in Kotamobagu, North Sulawesi, Indonesia.
  • President Director of PT Pertamina Geothermal Energy Tbk, Julfi Hadi enthusiastically welcomed the JSA cooperation between PGE, Chevron, and Mubadala Energy, "Our Joint Study Agreement this time aims to utilize the complementary strengths of the three parties in developing geothermal in Kotamobagu," he said.
  • Wahyu Budiarto, Chevron Indonesia Country Manager said, "This is Chevron's fifth collaboration with Pertamina and we are excited about the addition of Mubadala Energy in the Kotamobagu WKP.
  • WKP Kotamobagu was assigned to PGE Kotamobagu as a subsidiary of PT Pertamina Geothermal Energy Tbk.

Bird Continues To Grow Institutional & Nuclear Portfolio In Ontario

Retrieved on: 
Wednesday, November 22, 2023

The newly awarded task order by CNL expands Bird’s responsibilities on approximately 400 sites in the municipality of Port Hope.

Key Points: 
  • The newly awarded task order by CNL expands Bird’s responsibilities on approximately 400 sites in the municipality of Port Hope.
  • Bird will be responsible for the engineering, design, procurement, and remediation and restoration activities for the sites where Bird has been performing remediation activities since late last year.
  • Bird’s expanded responsibilities in Port Hope reinforce the Company’s growing presence in environmental remediation and the nuclear sector.
  • "We are pleased to continue growing our innovative and sustainable portfolio of projects in Ontario.

Following Landmark Texas Report, Project InnerSpace Launches Cross-Collaborative "Future of Geothermal" Studies in Two Additional Traditional Energy States

Retrieved on: 
Wednesday, December 20, 2023

BOSTON, Dec. 20, 2023 /PRNewswire-PRWeb/ -- Following the publication of a first-of-its-kind, landmark study entitled "The Future of Geothermal in Texas," Project InnerSpace has announced the kick-off of two additional state-specific geothermal studies in Oklahoma and Pennsylvania—two historically significant traditional U.S. energy states.

Key Points: 
  • BOSTON, Dec. 20, 2023 /PRNewswire-PRWeb/ -- Following the publication of a first-of-its-kind, landmark study entitled "The Future of Geothermal in Texas," Project InnerSpace has announced the kick-off of two additional state-specific geothermal studies in Oklahoma and Pennsylvania—two historically significant traditional U.S. energy states.
  • The studies will provide a scientific basis for informed decision-making as governments, industry, and other stakeholders consider increased geothermal energy development.
  • Project InnerSpace supports the "Future of Geothermal" report series as part of its state Geothermal Coalition program.
  • In late 2024, additional state-specific geothermal studies will launch in Arkansas, Louisiana, New Mexico, North Dakota, and West Virginia.

Global Geothermal Power Generation Industry Analysis Report 2023-2030 - Digital Twins Emerge as a Comprehensive Solution for Challenges Facing Geothermal Power Plants

Retrieved on: 
Monday, December 18, 2023

DUBLIN, Dec. 18, 2023 /PRNewswire/ -- The "Geothermal Power Generation - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 18, 2023 /PRNewswire/ -- The "Geothermal Power Generation - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • This report provides a comprehensive overview of the geothermal power industry, highlighting its role in the global transition to clean energy.
  • It explores the advantages of geothermal systems, the technologies used to harness geothermal energy, and the financial aspects of geothermal projects.
  • The report also examines the short-term challenges posed by the COVID-19 pandemic and the long-term growth potential of geothermal energy in developing economies.

EQS-News: Daldrup & Söhne AG receives drilling order from Stadtwerke Neuruppin for the decarbonisation of the district heating supply

Retrieved on: 
Tuesday, December 26, 2023

Euro

Key Points: 
  • Euro
    Oberhaching / Ascheberg, 19 December 2023 - Daldrup & Söhne AG (ISIN DE0007830572), a drilling technology and geothermal specialist, has received an order from Stadtwerke Neuruppin GmbH in Brandenburg to drill two geothermal wells, each with a depth of around 2,000 metres.
  • After Stadtwerke Schwerin, Stadtwerke Hamburg and the contract in Neustadt-Glewe, this is already the fourth district heating project for Daldrup & Söhne AG in the North German Plain within a short space of time.
  • Local authorities are very interested in decarbonising their existing district heating supply with heat from geothermal energy.
  • Advantages include Decarbonisation of the heat supply, independence from fluctuating coal, gas and oil prices, promotion of regional value creation.

Zayo Partners with U.S. National Laboratories and Rice University to Deliver Groundbreaking Research that Uncovers New Sustainable Energy Sources

Retrieved on: 
Thursday, December 7, 2023

Berkeley Lab and the DOE have been exploring geothermal energy as a renewable alternative to fossil fuels for decades.

Key Points: 
  • Berkeley Lab and the DOE have been exploring geothermal energy as a renewable alternative to fossil fuels for decades.
  • Clean energy sources like geothermal energy are necessary for producing sustainable energy, reducing emissions, and addressing climate change.
  • The Imperial Valley Dark Fiber Project, which kicked off in 2019, sought to develop strategies to better find these resources through seismic sensing via existing telecom dark fiber.
  • “We are proud to have played a role in advancing the discovery and development of clean energy sources, in keeping with our longstanding commitment to drive a sustainable future.

IHRDC Announces New Clean Energy and Sustainability Offerings to Support Oil and Gas Companies in Navigating the Energy Transition

Retrieved on: 
Tuesday, December 5, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231204802349/en/
    IHRDC's Clean Energy and Sustainability https://ihrdc.com/clean-energy-sustainability/ (Graphic: Business Wire)
    IHRDC's new Clean Energy and Sustainability offerings aim to provide practical insights and guidance for energy producers and their employees adapting to the evolving industry landscape.
  • A shorter version of this course, titled "Overview of the Energy Transition," covers Energy Transition Fundamentals, Energy Supply and Demand Trends, and Renewables & Low Carbon Energy Alternatives.
  • Another instructional program, "Managing an Oil and Gas Company Through the Energy Transition," focuses on strategies for a low-carbon future and aims to help clients set their own energy transition strategy.
  • Additionally, IHRDC is introducing a library of over 100 Clean Energy and Sustainability Competency Units, that help detail the workforce development requirements in clean energy basics, electric power, geothermal energy, hydrogen, solar, biofuels, and energy storage systems.

X Machina Capital Strategies Announces Transitional Energy-Gradient Geothermal Merger

Retrieved on: 
Wednesday, November 29, 2023

X Machina Capital Strategies (“XMC”), which develops transformational private investment initiatives within the energy commodities marketplace, today announced the merger of Transitional Energy (“Transitional”), a Denver, Colorado-based geothermal company focused on energy production derived from the heat extracted via existing oil & gas infrastructure, and Gradient Geothermal, the newest strategic platform entity in XMC’s full spectrum energy investment lineup.

Key Points: 
  • X Machina Capital Strategies (“XMC”), which develops transformational private investment initiatives within the energy commodities marketplace, today announced the merger of Transitional Energy (“Transitional”), a Denver, Colorado-based geothermal company focused on energy production derived from the heat extracted via existing oil & gas infrastructure, and Gradient Geothermal, the newest strategic platform entity in XMC’s full spectrum energy investment lineup.
  • This announcement is the latest in a series of investments by a XMC-affiliated operation to transform energy production by leveraging advanced technology in the renewable energy space.
  • Gradient Geothermal seeks to overcome these legacy issues by utilizing existing sources of water, natural gas, and oil that are produced during fossil fuel extraction to streamline the process of geothermal production.
  • This unique operational model positions the company as the only scalable commercial operation in the sector that specializes in this innovative form of geothermal energy production.