Quaise Energy

“So when you're drilling the energy, you use temperature to stabilize the hole, and it basically keeps itself open. It creates a glass wall that's very, very, very strong. We've seen this in the lab.”

“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.”

“Oh, we're talking about weeks.”

“Anything that's down there in the basement rock Can be vaporized through this. if you try to vaporize a metallic wall, it's not going to work, but there's no metallic walls down there. So, so rock vaporizes.”

“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.”

“We have two investors that are oil and gas companies, and they're very, very keen and very supportive of doing this technology.”

“Yes, because we're not drilling into methane. We're drilling way, way below that, right? So we're just drilling into hot, dry rock. You know, we're talking about kilometers beyond where oil and gas normally is found. So, so you're really not tapping into those…”

“So, twenty-twenty-four is what we say we're going to do, and after that, you start the journey towards repairing a power plant, and that takes us the better part of the rest of the decade. So, twenty-twenty-seven, 28 is when we intend to repair the first power…”

“Oh, it's in the lab, right? So we're talking about Inches. A couple of inches going towards feet by the end of the year.”

“Twenty million dollars. Just twenty million dollars. Okay. Twenty million dollars. Twenty million dollars per well if it's 20 kilometers.”

“They're only eight inches in diameter, so absolutely you can. Yeah, I don't think you can do it with anything else, but you're right. It's 12 wells for that amount of energy to run San Francisco.”

“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…”

“So we would do this very close to an existing power plant, because we want to pump water into that hole, we want to convert it to steam, and we want to run the steam through the power plant.”