This is the first time an energy company has shown that an EGS can work on a commercial scale, according to Bloomberg. It’s been a long road to reach this point, as scientists have been trying to make EGS a reality since the 1970s. […] Fervo says it’s the first company to “successfully drill a horizontal well pair for commercial geothermal production, achieving lateral lengths of 3,250 feet, reaching a temperature of 191C, and proving controlled flow through rigorous tracer testing.” The company is hoping to replicate its success at a site in Utah. If Fervo sees similar results there and it successfully implements design upgrades to maximize output, the site is expected to generate enough electricity to power 300,000 homes simultaneously, Latimer said. That’s around a quarter of all homes in Utah.
Infineon to Open German Chip Fab as Part of EU Sovereignty Push
Infineon is set to open a $5.8 billion power-chip fab in Dresden on July 2, backed by about $1.1 billion in EU Chips Act subsidies. The plant will make power semiconductors for AI data centers Read more…