Expert Interview
Analyzing the Future of Geothermal Energy: Technology Innovation, Cost Curves, and the Competitive Landscape Across Fervo, Quaise, Ormat, and Energy Majors
Ticker(s): ORA, CVX, Fervo, Quaise Energy- Currently Owner and President of Eric Eddy Energy LLC, working on multiple active geothermal development projects across several U.S. states, with responsibilities spanning geothermal well construction, subsurface and surface development, power generation planning, and project execution.
- Previously held senior operations and development roles at Fervo Energy and other geothermal and energy organizations, including serving as Director of Operations during early commercial enhanced geothermal system (EGS) development and as SVP Operations at a geothermal power startup, with experience across project development, engineering, regulatory, and operational functions.
- Professional background in geothermal and oil & gas development, with experience in subsurface and surface project development, geothermal drilling and plant optimization, evaluation of next-generation geothermal technologies, and familiarity with the competitive landscape and technology approaches used by emerging geothermal developers and oil & gas participants.
What are the key advantages and disadvantages of geothermal energy compared with other renewable energy sources?
What factors could drive wider adoption of geothermal energy, and what is the growth outlook for the industry over the next decade?
What next generation technologies are being developed to reduce costs and improve the efficiency of geothermal energy production?
How are emerging players like Fervo and Quaise Energy innovating in the geothermal space, and what challenges do they face in scaling?
What role are oil and gas majors likely to play in the development and commercialization of geothermal energy?
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