Geothermal gradient

Global Organic Rankine Cycle Market Report 2021: Market Size is Expected to Reach $926.3 Million by 2028, Expand at a CAGR of 20.3%

Retrieved on: 
Friday, November 5, 2021
Adoption, Biomass, Maintenance, Exergy, EPC, Ormat Technologies, Geothermal gradient, Growth, Meadow Lake Tribal Council, COVID-19, Quarantine, Emergency, ORC, Renewable energy

These factors are expected to propel the growth of the organic rankine cycle (ORC) market in the near future.

Key Points: 
  • These factors are expected to propel the growth of the organic rankine cycle (ORC) market in the near future.
  • The supply chains of spare parts for ORC systems are majorly affected due to the shutdown of production facilities of the manufacturers.
  • This factor is expected to help these companies maintain their lead in the market in the forecast period.
  • Various strategic initiatives were recorded over the past few years to boost the growth of the market.

Global Organic Rankine Cycle Market Size, Share & Trends Analysis & Research Report 2021 - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 4, 2021
Alternative Energy, Energy, Adoption, Biomass, Maintenance, USD, Exergy, CAGR, EPC, Ormat Technologies, Geothermal gradient, Growth, Meadow Lake Tribal Council, COVID-19, Rankine, Quarantine, Emergency, ORC, Renewable energy

The "Organic Rankine Cycle Market Size, Share & Trends Analysis Report By Application (Geothermal, Biomass, Waste Heat Recovery, Solar Thermal), By Region, and Segment Forecasts, 2020-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Organic Rankine Cycle Market Size, Share & Trends Analysis Report By Application (Geothermal, Biomass, Waste Heat Recovery, Solar Thermal), By Region, and Segment Forecasts, 2020-2028" report has been added to ResearchAndMarkets.com's offering.
  • The global organic rankine cycle market size is expected to reach USD 926.3 million by 2028 and is expected to expand at a CAGR of 20.3% from 2020 to 2028.
  • These factors are expected to propel the growth of the organic rankine cycle (ORC) market in the near future.
  • The ORC market is a concentrated market where major companies such as Ormat, Turboden, and Exergy accounted for more than 75.0% share in the market in 2020.

The Spotlight on Iceland’s Capital City Shines Even Brighter With the Arrival of The Reykjavik EDITION

Retrieved on: 
Thursday, October 21, 2021
Other Travel, Lodging, Destinations, Travel, World Chess Championship 1972, Roman, Code, Spa, Fruit, The Counter, Syd Dale, Hot Springs, Le Labo, Attitude, LED, Map, Darkness, Breakfast, Jean-Michel Frank, Partnership, Ageing, ISC, Geothermal gradient, Alchemy, Marriott International, Hotel, Drinking, Individual, Mark (given name), Bed, Wood, Time, Schrager, Nature, Hydrotherapy, Snack, Butter, Times Square, Collection, Arctic Circle, Massage, Lunch, Mineral, Studio 54, Jewellery, Wine, Harbor, Disc jockey, Pierre, Heart, Ceramic, Glass, Coffee, Icelandic, Roof, Nightclub, Furniture, Tile

Reykjavik is a really cool, young city -perfect for our brand, says Ian Schrager, the visionary pioneer of the boutique hotel concept, PUBLIC and EDITION creator.

Key Points: 
  • Reykjavik is a really cool, young city -perfect for our brand, says Ian Schrager, the visionary pioneer of the boutique hotel concept, PUBLIC and EDITION creator.
  • The Reykjavik EDITION is the first true luxury brand entering the market which has facilities and services like no other.
  • From the outside, The Reykjavik EDITION is a striking addition to this downtown neighborhood.
  • Along with its legendary service, The Reykjavik EDITION is another innovative addition to the EDITION brand and truly redefines luxury in Icelands cool capital city.

The Spotlight On Iceland's Capital City Shines Even Brighter With The Arrival Of The Reykjavik EDITION

Retrieved on: 
Thursday, October 21, 2021
World Chess Championship 1972, Code, Roman, Attitude, Partnership, Ageing, ISC, Nature, Snack, Butter, Arctic Circle, Mineral, Jewellery, Icelandic, Fruit, Hot Springs, Le Labo, TLT, Geothermal gradient, Marriott International, Individual, Mark (given name), Schrager, Massage, Suite, Ceramic, Coffee, Spa, Syd Dale, LED, Map, Darkness, Breakfast, Sunset, Alchemy, Drinking, Wood, Times Square, New Nordic Cuisine, Lunch, Studio 54, Harbor, Pierre, Heart, The Counter, Jean-Michel Frank, Hotel, Time, Hydrotherapy, Collection, Wine, Disc jockey, Glass, Bed, Roof, Nightclub, Furniture, Tile

REYKJAVIK, Iceland, Oct. 21, 2021 /PRNewswire/ -- A flourishing culinary hotspot with cool cafés, a rollicking nightlife and an epic music scene, the spotlight is shining brightly on Iceland's hip capital city and, with typical finesse, the arrival of The Reykjavik EDITION further cements EDITION Hotels' uncanny ability to land in just the right place at the right time. "Reykjavik is a really cool, young city - perfect for our brand," says Ian Schrager, the visionary pioneer of the boutique hotel concept, PUBLIC and EDITION creator. "We think this is Reykjavik's time and we're right here at the very heart of it and at the perfect time."

Key Points: 
  • "Reykjavik is a really cool, young city - perfect for our brand," says Ian Schrager, the visionary pioneer of the boutique hotel concept, PUBLIC and EDITION creator.
  • The Reykjavik EDITION is the first true luxury brand entering the market which has facilities and services like no other.
  • From the outside, The Reykjavik EDITION is a striking addition to this downtown neighborhood.
  • Along with its legendary service, The Reykjavik EDITION is another innovative addition to the EDITION brand and truly redefines luxury in Iceland's cool capital city.

AltaRock Energy Initiates Development of First SuperHot Rock Geothermal Resource

Retrieved on: 
Thursday, September 23, 2021
Technology, Environment, Utilities, Alternative Energy, Energy, Software, Temperature, SHR, AltaRock Energy, Economics, Conference, Method, University, EGS, Geothermal gradient, Society, Renewable energy

AltaRock defines SuperHot Rock as EGS in high-temperature rock above 400 C. SuperHot Rock development targets energy densities per well as high as five to 10 times that of both conventional EGS and hydrothermal developments in the 200-250 C range.

Key Points: 
  • AltaRock defines SuperHot Rock as EGS in high-temperature rock above 400 C. SuperHot Rock development targets energy densities per well as high as five to 10 times that of both conventional EGS and hydrothermal developments in the 200-250 C range.
  • AltaRock determined that economically viable geothermal development requires greater energy density per well not attainable with conventional EGS temperature targets.
  • The next generation of geothermal power, SuperHot Rock geothermal, will require development of engineered reservoirs in deep basements where hotter supercritical temperatures can yield up to 10 times more energy than a conventional geothermal well, said Geoff Garrison, vice president of research and development at AltaRock.
  • AltaRock Energy (ARE), technology leaders in Enhanced Geothermal Systems (EGS) development, is raising EGS to massive scale making clean, affordable, renewable geothermal energy available anywhere and everywhere.

Ormat Wins a Contract for Products to Support San Jacinto Geothermal Project in Nicaragua

Retrieved on: 
Wednesday, August 11, 2021
Achievement, CEO, Republic, Company, Ormat Technologies, PPA, Plant, Private Securities Litigation Reform Act, Geothermal gradient, Electric Bond and Share Company v. Securities and Exchange Commission, Electricity, Risk, REG, Security (finance), NYSE, Power, ORA, Acquisition, SEC, TSX, GLOBE, Growth, OEC, EBITDA, COVID, Renewable energy

Ormat anticipates an 11-month design, manufacture, and delivery of the OEC unit.

Key Points: 
  • Ormat anticipates an 11-month design, manufacture, and delivery of the OEC unit.
  • Doron Blachar, CEO of Ormat Technologies, said, This contract expands our backlog and provides further evidence of the increase in the demand for our products after the slowdown we have experienced over the last year, mainly related to COVID.
  • Demand for clean, renewable energy continues and Geothermal remains attractive as a baseload option.
  • As a recognized leader in geothermal we expect to recognize increased interest from partners and operators around the world.

NXT Energy Solutions Announces R&D Funding for Its SFD® Geothermal Project

Retrieved on: 
Tuesday, August 3, 2021
Geology, Earth sciences, Sustainable energy, Geothermal energy, Physical sciences, Volcanism, Geothermal power, Geothermal gradient, NXT

George Liszicasz, President and CEO of NXT Energy, noted, We are extremely pleased to have support from NRC IRAP to advance the application of SFD to geothermal energy resources.

Key Points: 
  • George Liszicasz, President and CEO of NXT Energy, noted, We are extremely pleased to have support from NRC IRAP to advance the application of SFD to geothermal energy resources.
  • Deploying SFD for geothermal projects will allow our clients a singular focus on the most favorable subsurface conditions for heat and fluid circulation.
  • NXT believes that geothermal power generation and direct use applications will play an outsized role in the evolving energy sector due to its non-intermittent and baseload nature.
  • SFD is environmentally friendly and unaffected by ground security issues or difficult terrain and is the registered trademark of NXT Energy Solutions Inc. NXT Energy Solutions Inc. provides its clients with an effective and reliable method to reduce time, costs, and risks related to exploration.

Saskatchewan is Ready for Final Geothermal Power Feasibility Engineering – 53 Day Large Volume Production and Injection Test Successful – First in Canada

Retrieved on: 
Tuesday, March 23, 2021
Earth sciences, Geology, Geothermal energy, Alternative energy, Geothermal power, Base load, Geothermal gradient, Planetary science

This test was required to acquire the reservoir data needed to finalize the well design for Canadas first 20MW commercial geothermal power facility.

Key Points: 
  • This test was required to acquire the reservoir data needed to finalize the well design for Canadas first 20MW commercial geothermal power facility.
  • Testing to date has demonstrated that the optimum design for this first geothermal facility would generate 20MW of baseload power (power for 20,000 households).
  • DEEP will sell power to SaskPower under Canadas first geothermal power purchase agreement signed in 2017 as well as offer direct industrial heating opportunities.
  • DEEP is the foremost geothermal power project in Canada with the capacity for sizable and scalable economic baseload power generation.

Chevron Invests in Geothermal Development Company

Retrieved on: 
Monday, March 1, 2021
Alternative energy, Energy, Other Energy, Oil, Gas, Earth sciences, Geology, Articles, Chevron Corporation, Corporate crime, Geothermal energy, Chevron, CVX, Renewable energy, Base load, Geothermal gradient, Baseload Capital, Chevron Technology Ventures

Chevron Corporation (NYSE: CVX) today announced an investment in Baseload Capital AB, a Sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power assets.

Key Points: 
  • Chevron Corporation (NYSE: CVX) today announced an investment in Baseload Capital AB, a Sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power assets.
  • Chevron Technology Ventures (CTV) identifies externally developed technology with the potential to enhance the way Chevron produces and delivers affordable, reliable and ever-cleaner energy now and into the future.
  • As Baseload develops in these regions and expands to new markets, Chevron and Baseload will look for commercial geothermal and heat power opportunities in additional Chevron operations.
  • Chevron Technology Ventures (CTV) pursues and invests in externally developed technologies and new business solutions that have the potential to enhance the way Chevron produces and delivers affordable, reliable, and ever-cleaner energy.

CGG: CGG Delivers Global Geothermal Resource Study to Support Client’s Energy Transition Strategy

Retrieved on: 
Tuesday, October 20, 2020
Geology, Energy, Geothermal energy, Alternative energy, Emissions reduction, Volcanism, Sustainable energy, Geothermal gradient, Energy development, Energy supply, Solar augmented geothermal energy, Geothermal power in the United Kingdom

CGG announced today that its Geothermal Science group has delivered a global geothermal resource study to a major energy company.

Key Points: 
  • CGG announced today that its Geothermal Science group has delivered a global geothermal resource study to a major energy company.
  • The study evaluates the scale of the potential for geothermal energy around the world and provides insight into the role this alternative energy source can play in electrical power generation and heating within the energy transition.
  • Geothermal energy is seeing increasing interest as a consistent baseload energy supply to support intermittent energy sources such as solar and wind.
  • Peter Whiting, SVP Geoscience, CGG, said: "CGG is pleased to support this major client in its objectives to understand more deeply the global potential for geothermal energy.