IGas (AIM: IGAS), the onshore oil and gas firm, has been selected as preferred bidder to deliver geothermal energy to a UK hospital.
Set in the heart of the unforgiving North Atlantic Ocean, some 175 miles away from its nearest neighbour, Iceland is on the front line of efforts to collar climate change, in all senses.
Efforts to anchor Aberdeen at the heart of the UK’s burgeoning geothermal energy sector are starting to take shape.
Geothermal energy is being hailed as the next big powerhouse to fast track the energy transition and avert a climate crisis.
Energy security has never been more important than it is now, given the present geopolitical situation in Europe.
In March 2002 Scotland’s last active deep coal mine closed in Longannet, Fife. While it marked the end of an era in the country’s industrial history, with a climate emergency now declared and the race to net-zero set to fast-forward, its legacy is set to open a dynamic new chapter.
Geothermal Engineering Limited (GEL) has secured £12 million in funding from private-equity energy specialist firm Kerogen Capital.
Indonesian state-backed developer Pertamina Geothermal Energy (PGE) has concluded its first IPO, raising just shy of $600m.
Renewable energy M&A deal value in Asia Pacific increased by 11% year-on-year to $19 billion in 2022, primarily due to a surge in onshore wind and geothermal merger and acquisition activity.
Transitioning to a sustainable energy future requires the increased and widespread use of renewable energy sources like geothermal, hydroelectric, solar, wind, and bioenergy. While each renewable energy source competes for market share, a coordinated effort from all renewables is required to meet carbon neutrality objectives.
Oilfield services giant Baker Hughes (NASDAQ: BKR) has signed a pact with Australia’s Fortescue Future Industries (FFI) to jointly explore development of green hydrogen and geothermal energy.
Japan’s Inpex has announced that it has joined the Rajabasa geothermal project in Indonesia’s Lampung province in the southeast area of Sumatra island.
Karl Farrow, Founder and CEO of CeraPhi Energy talks about the opportunity Geothermal presents as part of the energy mix and how the skill set of the Oil and Gas sector can be harnessed in this transition.
Indonesia, home to the world’s largest geothermal energy potential, is opening tenders seeking investors to develop this giant resource, as it aims to expand the use of renewable energy to meet its net zero goals.
An Aberdeen-based firm is seeking to use geothermal - a sustainable energy source produced underground - to heat King Charles’ estate at Balmoral.
Aberdeen’s NZTC is planning a national centre to accelerate geothermal energy in the UK and become the “go-to” hub globally for the renewable technology.
US President Joe Biden and Indonesian President Joko Widodo announced a climate finance deal providing $20 billion to help Indonesia pivot away from coal power.
As the UK aims to reach net zero by 2050 we will see more and more wells decommissioned both on and offshore; geothermal specialist CeraPhi believes it can use some of this infrastructure to heat buildings and power installations across the country.
Could heat stored at up to 11,000 degrees Fahrenheit miles under the Cairngorm Mountain help decarbonise the estate’s operations?
‘Shortsighted’ and ‘idealism at its worst’: Birkbeck University sparks widespread condemnation from energy sector
Birkbeck, University of London has been widely slammed by the energy industry for its decision to ban fossil fuels recruiters from its careers fairs.
Recent Rystad research shows the UK government is expected to spend more than $470 million on geothermal heating by the decade’s end.
Chevron New Energies International (Chevron), and Mitsui Oil Exploration Co., Ltd (MOECO) today announced the signing of a joint collaboration agreement to explore the technical and commercial feasibility of advanced geothermal power generation in Japan.
Geothermal is not recognised by law as a natural energy source, Dr Corinna Abesser of the British Geological Survey (BSG) recently told Energy Voice.
CeraPhi Energy has signed an agreement to provide drilling and intervention services to Halliburton in exchange for in-kind engineering and project management support.
The Great Yarmouth-based end-to-end advanced closed-loop geothermal business, CeraPhi Energy, has announced the launch of a £12.41 million funding round as it prepares for growth.