geothermal energy

3 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Feb 19, 2025 by Jigar Shah · across every show →

Everything said about geothermal energy, oldest first

Feb 19, 2025 bearish
Assertion Supported
Shah: US is on track for only 1GW of geothermal by 2030
“Like, we're not on track, for instance, to building five gigawatts of new geothermal that we laid out in the liftoff report for geothermal for by 2030. We're sort of on track to one gigawatt by 2030.”
Jigar Shah Feb 19, 2025 ▶ 47:07 Open Circuit: Jigar, Katherine, and Stephen are back
May 21, 2025 neutral
Insight
Jewett: Geothermal projects cannot be bank-financed solely on early commercial agreements
“When you look at the wind and solar industry, those industries are fairly de-risked, And so oftentimes you can, you know, sign a commercial agreement very early on and go finance against that commercial agreement because there's a lot of certainty around the e…”
Sarah Jewett May 21, 2025 ▶ 27:05 Building Fervo's geothermal giant
May 21, 2025 positive
Assertion Supported
Jewett: California's 2021 reliability ruling mandated 1 GW of firm clean power
“In June of twenty-twenty-one, the California Public Utilities Commission launched the midterm reliability ruling, which I think is one of the biggest pieces of policy that has impacted our business to date, and it required all California load-serving entities …”
Sarah Jewett May 21, 2025 ▶ 18:26 Building Fervo's geothermal giant
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