Enhanced Geothermal Systems

“Their near-term plan is 90 megawatts, which is, you know, probably 20 times bigger than any of the former EGS projects, the old EGS projects that people have done.”

“Actually none of these ideas are actually new. Most of them have been around for 40 or 50 years, and several of them tried already. EGS, perhaps, is the one that's been around the longest, first kind of postulated back in the 19 sixties at Los Alamos National …”

“So we've estimated that about half of the United States is accessible for EGS at 80 dollars a megawatt hour.”

“In many ways I think is analogous to what you see in oil and gas, the division between conventional oil and gas and unconventional. Is the ability to just drill a well and have what you need versus needing to modify the subsurface in some way.”

“When you look at the full stack of kind of near-term EGS and conventional, we really are talking about hundreds of gigawatts to terawatts of resource potential.”

“For enhanced geothermal systems, EGS, those rules are relaxed a bit, but realistically, we're still talking about a swath of the West in the United States, for example.”