Prediction Didn’t hold up AI assessment confidence: 88% certainty 3/5 debate potential 2/5

Quaise will start field drilling in 2024, repower plant by 2028

Carlos Araque · HIBT Lab! Quaise Energy: Carlos Araque · Aug 4, 2022 · at 28:51

Carlos Araque is the co-founder and CEO of Quaise Energy. He is explaining the commercial deployment timeline for Quaise's deep geothermal millimeter-wave drilling technology.

0:00 / 0:13exact quote · 13.3s
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“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 plant.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Carlos Araque

Opinion
Solar and wind alone would match CO2's ecological harm, says Araque
“I think it would, but the ecological consequences would be just as bad as putting CO₂ into the atmosphere.”
Carlos Araque Aug 4, 2022 ▶ 10:46 HIBT Lab! Quaise Energy: Carlos Araque
Opinion
Araque: Only fission, fusion, and deep geothermal can scale to humanity's needs
“So when you look at that, I think there's only three things that can do it. The first one is indeed nuclear fission. As you just mentioned, it has the scalability and the power density to do it. The second one is fusion, which is what the sun does, but it's st…”
Carlos Araque Aug 4, 2022 ▶ 12:02 HIBT Lab! Quaise Energy: Carlos Araque
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
Prediction Open · timeframe Aug 2027
Quaise can drill 20-kilometer deep holes in weeks, not years
“Oh, we're talking about weeks.”
Carlos Araque Aug 4, 2022 ▶ 20:17 HIBT Lab! Quaise Energy: Carlos Araque
Assertion Supported
Araque: Gyrotron millimeter waves can vaporize any subterranean basement rock
“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.”
Carlos Araque Aug 4, 2022 ▶ 23:03 HIBT Lab! Quaise Energy: Carlos Araque
Assertion Supported
Araque: Millimeter-wave drilling creates vitrified glass walls that stabilize deep boreholes
“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.”
Carlos Araque Aug 4, 2022 ▶ 23:45 HIBT Lab! Quaise Energy: Carlos Araque
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