Seismicity

• This trend aligns with the growth in demand for energy-efficient solutions in the commercial sector, where sustainability is a top priority.
• However, the residential segment is projected to grow at the highest CAGR of 5.3% from 2023 to 2032.
• However, the Asia-Pacific region is projected to grow at the highest CAGR of 5.5% from 2023 to 2032.
• Collaborations between governments, research institutions, and the private sector have accelerated EGS development, making the technology more efficient and cost-effective.

• HOUSTON, Sept. 12, 2023 /PRNewswire/ -- Sage Geosystems Inc. ( Sage ), a geothermal baseload and energy storage company, today announced groundbreaking results and data from their full-scale commercial pilot confirming the performance of its energy storage system that can provide short- or long-duration storage (EarthStore™).
• Sage will present their energy storage pilot results tomorrow at the PIVOT 2023 conference.
• The field results also demonstrated that Sage can alternatively provide high-powered, short-duration power (load-following) during peak demand.
• The Sage data sets were obtained by pumping in and flowing back water from their well to gauge capacity and power duration.

• Earthquakes of this nature are not uncommon in Britain (the island including England, Scotland and Wales).
• However, there are occasional earthquakes in Britain that have the potential to be destructive.
• Most earthquakes in Britain are concentrated within a north-to-south band on the west side of the island.
• This makes the tectonic plate under Ireland much less likely to deform – a process that can trigger earthquakes.

Ireland’s missing earthquakes

• Even before earthquakes were recorded by seismographs as they are today, reports of earthquakes were documented in various towns and monasteries across Britain and Ireland.
• In the mid-19th century, Robert Mallet, an Irish scientist credited with coining the term “seismology”, created earthquake maps based on these reports.

Intraplate earthquakes

• Most earthquakes happen at plate boundaries where tectonic plates converge, diverge or slide past each other.
• Earthquakes that occur in the interior of the plates are much less common and typically smaller in magnitude.
• Between 1811 and 1812, the New Madrid Seismic Zone in the central US experienced a sequence of powerful earthquakes, ranging from magnitude 7 to 8.

Through thick and thin

• Research that I co-authored in 2021 discovered previously unknown variations in the structure of the tectonic plate that both Britain and Ireland sit on.
• Tectonic plates are cold and rigid compared to the hot, slowly creeping mantle beneath them.
• Ireland has a relatively thick lithosphere (around 95-115km beneath most of the island) and very few earthquakes as a result.
• South-eastern England and eastern Scotland have a similarly thick lithosphere.

• VANCOUVER, British Columbia, Sept. 11, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (K92 or the Company) (TSX: KNT; OTCQX: KNTNF) announces that the Kainantu Gold Mine, located in Eastern Highlands Province, Papua New Guinea is operating normally after experiencing a large earthquake yesterday.
• The Processing Plant reported minor damage to two pumps and associated pipes, which resulted in stoppage of approximately 8 hours for repairs.
• John Lewins, K92 Chief Executive Officer and Director, stated, The earthquake experienced is one of the largest recorded in the Kainantu region for over one hundred years.
• K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience.