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Fervo Energy
Fervo Energy is an energy resource company focused on harnessing heat through enhanced geothermal systems (EGS). It was co-founded in 2017 by Tim Latimer, a mechanical engineer who worked as a drilling engineer at BHP until 2015. His departure from the oil and gas sector was driven by a desire to apply techniques observed during the shale revolution to geothermal extraction. On July 18, 2023, Fervo Energy announced that their first pilot geothermal plant was successful in generating 3.5 MW (megawatts) of baseload power and consistently maintained flow rates of 60 liters per second (l/s). Financing Fervo Energy has been backed by over $400 million USD in equity or non-equity backed funding and approximately $17 million in non-dilutive grants. In the third quarter of 2022, Fervo Energy received $22 million of series C funding from a multitude of venture capitalists. In 2021, Fervo Energy partnered with Alphabet, the parent company of Google, in hopes that Fervo can provide green ...
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Enhanced Geothermal System
An enhanced geothermal system (EGS) generates geothermal electricity without natural convective hydrothermal resources. Traditionally, geothermal power systems operated only where naturally occurring heat, water, and rock permeability are sufficient to allow energy extraction. However, most geothermal energy within reach of conventional techniques is in dry and impermeable rock. EGS technologies expand the availability of geothermal resources through stimulation methods, such as 'hydraulic stimulation'. Overview In many rock formations natural cracks and pores do not allow water to flow at economic rates. Permeability can be enhanced by hydro-shearing, pumping high-pressure water down an injection well into naturally-fractured rock. The injection increases the fluid pressure in the rock, triggering shear events that expand pre-existing cracks and enhance the site's permeability. As long as the injection pressure is maintained, high permeability is not required, nor are hydrau ...
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National Renewable Energy Laboratory
The National Renewable Energy Laboratory (NREL) in the US specializes in the research and development of renewable energy, energy efficiency, energy systems integration, and sustainable transportation. NREL is a federally funded research and development center sponsored by the Department of Energy and operated by the Alliance for Sustainable Energy, a joint venture between MRIGlobal and Battelle. Located in Golden, Colorado, NREL is home to the National Center for Photovoltaics, the National Bioenergy Center, and the National Wind Technology Center. History Establishment During the 1973 oil crisis, soaring energy prices caused gasoline shortages and contributed significantly to inflation. US President Gerald Ford openly recognized the need for greater energy independence at the September 1974 World Energy Conference in Detroit. A month later, the Solar Energy Research, Development and Demonstration Act of 1974 was signed. Section 10 of the bill explicitly outlined ...
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Wikipedia Student Program
Wikipedia is a free online encyclopedia that is written and maintained by a community of volunteers, known as Wikipedians, through open collaboration and the wiki software MediaWiki. Founded by Jimmy Wales and Larry Sanger in 2001, Wikipedia has been hosted since 2003 by the Wikimedia Foundation, an American nonprofit organization funded mainly by donations from readers. Wikipedia is the largest and most-read reference work in history. Initially available only in English, Wikipedia exists in over 340 languages. The English Wikipedia, with over  million articles, remains the largest of the editions, which together comprise more than articles and attract more than 1.5 billion unique device visits and 13 million edits per month (about 5edits per second on average) . , over 25% of Wikipedia's traffic comes from the United States, while Japan, the United Kingdom, Germany and Russia each account for around 5%. Wikipedia has been praised for enabling the democra ...
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Southern California Edison
Southern California Edison (SCE), the largest subsidiary of Edison International, is the primary electric utility company for much of Southern California. It provides 15 million people with electricity across a service territory of approximately 50,000 square miles. SCE owns all of its electrical transmission facilities and equipment. Deregulation of California's electricity market in the late 1990s forced the company to sell many of its power plants, though some were probably sold by choice. SCE retained its hydroelectric plants, totaling about 1,200 MW, and its 75% share of the 2,150-MW San Onofre Nuclear Generating Station. The plant, which hasn't produced power since 2012, is being decommissioned. In addition to its electric business, SCE operates the sole gas utility and water utility on Santa Catalina Island, under the names Catalina Island Gas Company and Catalina Island Water Company. History The origins of the company lie with the grand scheme of business ...
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Cooper Basin
The Cooper Basin is a Permian-Triassic sedimentary geological basin in Australia. The intracratonic rift basin is located mainly in the southwestern part of Queensland and extends into northeastern South Australia. It is named after the Cooper Creek which is an ephemeral river that runs into Lake Eyre. For most of its extent, it is overlain by the Eromanga Basin. It covers 130,000 km2. The surface of the Cooper Basin is mostly desert, including parts of the Simpson Desert, the Channel Country and Sturt Stony Desert. Oil and gas exploration of the basin began in 1962. Energy resources Oil and natural gas The Cooper Basin has the most important on-shore petroleum and natural gas deposits in Australia. The oil and gas window is located 1,250 m below the surface and was originally discovered in the 1960s (although there are larger oil and gas deposits off-shore). The first commercial discovery of gas occurred in 1963. It includes Australia's largest onshore oil field, the ...
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Beaver County, Utah
Beaver County is a county in west central Utah, United States. As of the 2020 United States census, the population was 7,072, up from the 2010 figure of 6,629. Its county seat and largest city is Beaver. The county was named for the abundance of beaver in the area. History Explorers of European descent first visited present-day Beaver County in the 1776 Domínguez-Escalante Expedition. The proposed territory of Deseret (soon changed to Utah Territory) began with the arrival of Mormon pioneers in 1847. After the immediate Great Salt Lake City area was settled, settlers moved into more outlying areas, including the future Beaver County area. The county was created by the Utah territorial legislature from a section of Iron County on January 5, 1856, before the settlement of Beaver town was founded later that year. The county was named for the animal, which was plentiful there. The county boundary as delineated by that act included areas in present-day Colorado and Nevada. The de ...
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NV Energy
NV Energy is a public utility which generates, transmits and distributes electric service in northern and southern Nevada, including the Las Vegas Valley, and provides natural gas service in the Reno – Sparks metropolitan area of northern Nevada. Based in Las Vegas, Nevada, it serves about 1. 3 million customers and over 40 million tourists annually. MidAmerican Energy Company, MidAmerican Energy Holdings Company (now Berkshire Hathaway Energy), a subsidiary of Berkshire Hathaway, acquired NV Energy in a transaction completed on December 19, 2013. When the merger was announced, the companies stated that NV Energy would continue to be based in Las Vegas under its then-current name. Prior to the acquisition by MidAmerican, the company's common stock was listed on the New York Stock Exchange under the ticker symbol NVE. History NV Energy is the product of the 1998 merger of the two major utilities in Nevada—northern Nevada's Sierra Pacific Power based in Reno and Las Vegas' ...
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Levelized Cost Of Electricity
The levelized cost of electricity (LCOE) is a measure of the average net present cost of electricity generation for a generator over its lifetime. It is used for investment planning and to compare different methods of electricity generation on a consistent basis. The more general term levelized cost of energy may include the costs of either electricity or heat. The latter is also referred to as ''levelized cost of heat''''A Comparative Cost Assessment of Energy Production from ...''
Nian, Energy Procedia, 2016
or ''levelized cost of heating'' (LCOH), or ''levelized cost of thermal energy''.


Definition

The cost of electricity production depends on costs during the ''expected'' lifetime of the generator and the amount of electricity the generator is ''expecte ...
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Geothermal Gradient
Geothermal gradient is the rate of change in temperature with respect to increasing depth in Earth's interior. As a general rule, the crust temperature rises with depth due to the heat flow from the much hotter mantle; away from tectonic plate boundaries, temperature rises in about 25–30 °C/km (72–87 °F/mi) of depth near the surface in the continental crust. However, in some cases the temperature may drop with increasing depth, especially near the surface, a phenomenon known as or geothermal gradient. The effects of weather, the Sun, and season only reach a depth of roughly . Strictly speaking, ''geo''-thermal necessarily refers to Earth, but the concept may be applied to other planets. In SI units, the geothermal gradient is expressed as °C/km, K/km, or mK/m. These are all equivalent. Earth's internal heat comes from a combination of residual heat from planetary accretion, heat produced through radioactive decay, latent heat from core crystallization, a ...
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Alphabet Inc
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. Alphabet is the world's third-largest technology company by revenue, after Amazon and Apple, the largest technology company by profit, and one of the world's most valuable companies. It was created through a restructuring of Google on October 2, 2015, and became the parent holding company of Google and several former Google subsidiaries. Alphabet is listed on the large-cap section of the Nasdaq under the ticker symbols GOOGL and GOOG; both classes of stock are components of major stock market indices such as the S&P 500 and NASDAQ-100. The company is considered one of the Big Five American information technology companies, alongside Amazon, Apple, Meta (owner of Facebook), and Microsoft. The establishment of Alphabet Inc. was prompted by a desire to make the core Google business "cleaner and more accountable" while allowing greater autonomy t ...
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Igneous Rock
Igneous rock ( ), or magmatic rock, is one of the three main rock types, the others being sedimentary and metamorphic. Igneous rocks are formed through the cooling and solidification of magma or lava. The magma can be derived from partial melts of existing rocks in either a planet's mantle or crust. Typically, the melting is caused by one or more of three processes: an increase in temperature, a decrease in pressure, or a change in composition. Solidification into rock occurs either below the surface as intrusive rocks or on the surface as extrusive rocks. Igneous rock may form with crystallization to form granular, crystalline rocks, or without crystallization to form natural glasses. Igneous rocks occur in a wide range of geological settings: shields, platforms, orogens, basins, large igneous provinces, extended crust and oceanic crust. Geological significance Igneous and metamorphic rocks make up 90–95% of the top of the Earth's crust by volume. Igneous rock ...
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Metasedimentary Rock
In geology, metasedimentary rock is a type of metamorphic rock. Such a rock was first formed through the deposition and solidification of sediment Sediment is a solid material that is transported to a new location where it is deposited. It occurs naturally and, through the processes of weathering and erosion, is broken down and subsequently sediment transport, transported by the action of .... Then, the rock was buried underneath subsequent rock and was subjected to high pressures and temperatures, causing the rock to recrystallize. The overall composition of a metasedimentary rock can be used to identify the original sedimentary rock, even where they have been subject to high-grade metamorphism and intense deformation. Types of metasedimentary rocks See also * References Metamorphic petrology {{Rock-stub ...
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