geothermal energy

5 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Aug 4, 2022 by Carlos Araque · across every show →

Everything said about geothermal energy, oldest first

Aug 4, 2022 bullish
Assertion Open · timeframe Aug 2027
Araque: Existing power plants can be repowered with geothermal in weeks
“Yeah, I mean, the power plant's already built, and all we have to do is to feed it the steam that's carbon free. And you can do each one in weeks. That's precisely the play we're after.”
Carlos Araque Aug 4, 2022 ▶ 32:17 HIBT Lab! Quaise Energy: Carlos Araque
Aug 4, 2022 bullish
Prediction Open · timeframe Aug 2027
Araque: Quaise Can Reach 20-Kilometer Depths to Unlock Global Geothermal
“So we think we can get to 20 kilometers. This is twice as deep as we've ever drilled as humans, and precisely what's needed to make geothermal totally global and ubiquitous.”
Carlos Araque Aug 4, 2022 ▶ 18:38 HIBT Lab! Quaise Energy: Carlos Araque
Aug 4, 2022 bullish
Prediction Open · timeframe Dec 2050
Araque: Geothermal could supply 20% of global energy by 2050
“So let's say by 20 50 we have on the order of one to five terawatts, that's probably a healthy 20% of global energy needs, but certainly after that, you know, you start talking about the majority of energy coming from here.”
Carlos Araque Aug 4, 2022 ▶ 37:36 HIBT Lab! Quaise Energy: Carlos Araque
Aug 4, 2022 neutral
Prediction Open · timeframe Aug 2027
Drilling a 20-kilometer deep geothermal well will cost just $20 million
“Twenty million dollars. Just twenty million dollars. Okay. Twenty million dollars. Twenty million dollars per well if it's 20 kilometers.”
Carlos Araque Aug 4, 2022 ▶ 25:46 HIBT Lab! Quaise Energy: Carlos Araque
Aug 4, 2022 bullish
Assertion Supported
Araque: Drilling at most 20 kilometers unlocks global geothermal energy
“Well, if you want to cover the entire planet, if you want to make sure every single human being has access to geothermal energy, not just a little bit of it, not just a little bit to bathe in hot water, but also to power every single appliance and every single…”
Carlos Araque Aug 4, 2022 ▶ 14:46 HIBT Lab! Quaise Energy: Carlos Araque
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