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AltaRock Energy Inc. is a privately held corporation that focuses on the development of geothermal energy resources and enhanced geothermal systems (EGS). It is headquartered in Seattle, Washington and has a technology development office in Sausalito, California. AltaRock has filed patent applications and holds exclusive licenses for related ...
Fervo Energy is an energy resource company focused on harnessing heat through enhanced geothermal systems (EGS). It was co-founded in 2017 by Tim Latimer, a mechanical engineer who worked as a drilling engineer at BHP until 2015.
The company's Board of Directors selected Isaac Angel to serve as CEO of Ormat Technologies. Angel joined the company in April for an overlapping procedure and began serving as CEO in July 2014. In November 2015, Dita and Yoram Bronicki resigned from the company's board of directors, and Gilon Beck was appointed chairman of the board.
An enhanced geothermal system (EGS) generates geothermal electricity without natural convective hydrothermal resources. Traditionally, geothermal power systems operated only where naturally occurring heat, water, and rock permeability are sufficient to allow energy extraction. [ 1 ]
Closed-loop geothermal systems (also known as “advanced geothermal systems” or “AGS”) are a type of engineered geothermal energy system containing subsurface working fluid that is heated in a hot rock reservoir without direct contact with rock pores and fractures.: [1] [2] [3] Instead, the subsurface working fluid stays inside a closed loop of deeply buried pipes that conduct Earth’s ...
Some exciting news from a peer company breathed life into shares of NuScale Power (NYSE: SMR) on the first business day of the week. Investors piled into NuScale stock, sending it more than 6% ...
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
EGS Collab: The Enhanced Geothermal Systems (EGS) Collab Project is a collaboration of eight national laboratories and six universities who are working to improve geothermal technologies. EGS conducts field experiments to better understand and model rock fracturing and other elements of geothermal energy. [13] The experiment was a precursor to ...