Carlos Araque, CEO of Quaise Energy, explains that deep exploratory drilling to extreme temperatures has extensive technical precedent globally.
0:00 / 0:17exact quote · 17.3s
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“And just like that location, I can point to more than 50 wells drilling the world by people looking for super hot hydrothermal systems that are going to be in the three to four mile range and are going to be in the 600 to 800 degrees Fahrenheit. Some of them are actually getting very close to a thousand Fahrenheit.”
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More from Carlos Araque
PredictionOpen · timeframe Mar 2029
Araque: Super-hot geothermal will achieve $50 to $100 per MWh globally
“The higher outputs will be a big part of bringing those LCOEs down, and we see a hundred dollars per megawatt hour at the meter, no matter where you are in the world. Now, that includes the shallow and the deep systems. If you look specifically at the shallow …”
Carlos AraqueMar 5, 2026▶ 28:43Digging deep for super hot geothermal
PredictionOpen · timeframe Dec 2026
Araque: Quaise will achieve 25-30 MW EGS flow test by end of 2026
“For us in particular, the project in Oregon gets that flow test by the end of this year. By the end of twenty-twenty-six, Quaze has a commercial-grade Injector producer per EGS system producing 25 to 30 megawatt equivalent electric output from a flow test.”
Carlos AraqueMar 5, 2026▶ 33:31Digging deep for super hot geothermal
PredictionOpen · timeframe Dec 2028
Araque: Quaise will run first supercritical geothermal flow test by 2028
“From there in twenty-twenty-eight, so two years later, we'll do another version of that, that is not at three miles, but a little bit deeper and above the 400 degrees Celsius or so. We're basically walking up the temperatures of that site to unlock those outpu…”
Carlos AraqueMar 5, 2026▶ 33:57Digging deep for super hot geothermal
Insight
Araque: Drilling super-hot geothermal is a vastly larger hurdle than fracturing
“The drilling by far outweighs the fracturing. The fracturing does happen in nature. We see this in nature every time a hydrothermal vent or a mine forms. This is the process by which it does so. So there's evidence in the geological record that The fracture in…”
Carlos AraqueMar 5, 2026▶ 16:15Digging deep for super hot geothermal
Disclosure
Araque: Quaise is securing a take-or-pay PPA for its first project
“So we're already getting into market. In that location with a real take or pay PPA because we know that we can point to all of the solutions with precedent.”
Carlos AraqueMar 5, 2026▶ 23:39Digging deep for super hot geothermal
Insight
Araque: Oil and gas drilling is limited by temperature, not depth
“Oil and gas systems are not depth limited. They are temperature limited. You will find people drilling with mechanical drilling systems all the way down to eight miles, nine miles, pushing really out there, but not hot, right? So the gap is not depth. The gap …”
Carlos AraqueMar 5, 2026▶ 7:00Digging deep for super hot geothermal
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