IGas selected to deliver geothermal energy to UK hospital
IGas (AIM: IGAS), the onshore oil and gas firm, has been selected as preferred bidder to deliver geothermal energy to a UK hospital.
Geothermal
Infinite geothermal energy puts Iceland in vanguard of drive to net zero
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.
NZTC in ‘final throes’ of setting up national geothermal centre in Aberdeen
Efforts to anchor Aberdeen at the heart of the UK’s burgeoning geothermal energy sector are starting to take shape.
Using oil and gas technology to harness geothermal
Geothermal energy is being hailed as the next big powerhouse to fast track the energy transition and avert a climate crisis.
The heat all of Europe needs is right under our feet
Energy security has never been more important than it is now, given the present geopolitical situation in Europe.
Harnessing the heat beneath our feet
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.
Hurricane Energy-backer Kerogen Capital invests in UK geothermal firm
Geothermal Engineering Limited (GEL) has secured £12 million in funding from private-equity energy specialist firm Kerogen Capital.
Indonesia’s Pertamina holds $600m geothermal IPO
Indonesian state-backed developer Pertamina Geothermal Energy (PGE) has concluded its first IPO, raising just shy of $600m.
APAC renewable energy deal value hits $19bn
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.
Geothermal Energy and its role in the Energy Transition
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.
Baker Hughes teams up with FFI on geothermal and green hydrogen
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 expands Indonesia geothermal footprint
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.
Geothermal – A First Choice for Clean Baseload Energy
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 seeks investors for giant geothermal energy resources
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.
Aberdeen firm aims to bring geothermal energy to King Charles’ Balmoral Estate
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 plans national centre for geothermal energy
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.
Biden, Jokowi unveil $20bn deal to end coal and speed up net zero push in Indonesia
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.
Using decommissioned wells to heat homes, hospitals and businesses
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.
Geothermal: Cairngorms study to tap into super-hot energy source
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.
UK Government expected to spend $470 million+ on geothermal heating by 2030
Recent Rystad research shows the UK government is expected to spend more than $470 million on geothermal heating by the decade’s end.
Chevron and MOECO study unlocking Japan’s geothermal potential
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.
Does the UK have a future with geothermal energy?
Geothermal is not recognised by law as a natural energy source, Dr Corinna Abesser of the British Geological Survey (BSG) recently told Energy Voice.
Halliburton and CeraPhi enters exclusive services agreement
CeraPhi Energy has signed an agreement to provide drilling and intervention services to Halliburton in exchange for in-kind engineering and project management support.
UK firm CeraPhi Energy launches funding round to raise £12.4 million
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.