Sarah Jewett, VP of Strategy at Fervo Energy, outlines the delivery timeline and project phasing for the company's 500-megawatt Cape Station geothermal project.
0:00 / 0:07exact quote · 7.5s
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“The first hundred megawatts will be delivered by twenty-twenty-six, and the remaining 400 megawatts will be delivered by twenty-twenty-eight.”
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More from Sarah Jewett
AssertionSupported
Jewett: Fervo proved hydraulic fracturing and lateral drilling work in granite
“There was a lot of skepticism. You can't hit those drilling rates in granite. If you can't hit that build rate to a lateral well in granite, you can't do a plug and perf operation, you know, hydraulic fracturing operation in granite in the same way that you ca…”
Sarah JewettMay 21, 2025▶ 33:10Building Fervo's geothermal giant
AssertionOpen · timeframe Dec 2026
Only one company is delivering a 100MW firm clean project in 2026
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Sarah JewettMay 21, 2025▶ 38:29Building Fervo's geothermal giant
Insight
Founders must start their next project before the previous one finishes
“I think the next project is always being built before you see a reasonable set of definitive outcomes from the previous project if you know, are really on the entrepreneurial journey.”
Sarah JewettMay 21, 2025▶ 20:20Building Fervo's geothermal giant
Opinion
Jewett: Nuclear industry gained immense marketing momentum despite being historically slow
“The nuclear energy industry has also been slow and sleepy for a long time, but has somehow gained an immense amount of marketing momentum or something over the last few years.”
Sarah JewettMay 21, 2025▶ 38:14Building Fervo's geothermal giant
Disclosure
Jewett: Fervo funded first demonstration with corporate equity
“So this was, we ended up raising
Corporate equity to fund this first demonstration.”
Sarah JewettMay 21, 2025▶ 13:26Building Fervo's geothermal giant
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 JewettMay 21, 2025▶ 27:05Building Fervo's geothermal giant
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