Jack Conness
@jackconness.bsky.social
Senior policy and regulatory associate at Fervo Energy. Based in Denver. Opinions are my own. Check out the IRA + CHIPS Dashboard: https://www.jackconness.com/ira-chips-investments
Pinned
Jack Conness
@jackconness.bsky.social
· Nov 14
🚨 Major 2024 election updates made to the IRA + CHIPS Dashboard:
Familiar to some, new to many: 80%+ of investment dollars and 70%+ of jobs are headed to red congressional districts across the country.
A 🧵 to understand how this looks moving forward:
www.jackconness.com/ira-chips-in...
Familiar to some, new to many: 80%+ of investment dollars and 70%+ of jobs are headed to red congressional districts across the country.
A 🧵 to understand how this looks moving forward:
www.jackconness.com/ira-chips-in...
From niche to necessary 🔥
"Now [Fervo] has scaled up operations dramatically at the Utah site and, in doing so, shown a 70% reduction in drilling time year on year while achieving high temperatures and flow rates. In 2026 it will start to deliver energy to the grid."
Cape Station 🫡
"Now [Fervo] has scaled up operations dramatically at the Utah site and, in doing so, shown a 70% reduction in drilling time year on year while achieving high temperatures and flow rates. In 2026 it will start to deliver energy to the grid."
Cape Station 🫡
“Pioneers of “enhanced geothermal” techniques believe they can apply innovations from the shale industry, such as fracking and multilateral drilling, to enable geothermal almost anywhere. At the forefront is Fervo.”
economist.com/the-world-ah...
economist.com/the-world-ah...
Geothermal energy looks set to go from niche to necessary
Competition between startups including Fervo Energy, Eavo and XGS Energy is hotting up. 2026 looks set to mark the start of the great geothermal renaissance
economist.com
November 11, 2025 at 7:57 PM
From niche to necessary 🔥
"Now [Fervo] has scaled up operations dramatically at the Utah site and, in doing so, shown a 70% reduction in drilling time year on year while achieving high temperatures and flow rates. In 2026 it will start to deliver energy to the grid."
Cape Station 🫡
"Now [Fervo] has scaled up operations dramatically at the Utah site and, in doing so, shown a 70% reduction in drilling time year on year while achieving high temperatures and flow rates. In 2026 it will start to deliver energy to the grid."
Cape Station 🫡
🚨 Attention all data centers! 🚨
Utah and Fervo Energy are open for business. We are ready - right now - to meet large energy needs.
"Enhanced geothermal is the only reliable, affordable, and clean solution that can scale to gigawatt level this decade."
Let's learn more...🧵
Utah and Fervo Energy are open for business. We are ready - right now - to meet large energy needs.
"Enhanced geothermal is the only reliable, affordable, and clean solution that can scale to gigawatt level this decade."
Let's learn more...🧵
August 4, 2025 at 4:19 PM
🚨 Attention all data centers! 🚨
Utah and Fervo Energy are open for business. We are ready - right now - to meet large energy needs.
"Enhanced geothermal is the only reliable, affordable, and clean solution that can scale to gigawatt level this decade."
Let's learn more...🧵
Utah and Fervo Energy are open for business. We are ready - right now - to meet large energy needs.
"Enhanced geothermal is the only reliable, affordable, and clean solution that can scale to gigawatt level this decade."
Let's learn more...🧵
It was a pleasure to speak with American Habits about Fervo Energy, advanced geothermal, and how the U.S. has the opportunity to lead the world in the future of geothermal energy. Becoming leaders in this tech has major economic and national security advantages.
Why Geothermal’s moment is now - American Habits
Geothermal meets innovation: Fervo Energy delivers reliable, carbon-free electricity using next-gen drilling technology.
americanhabits.org
August 1, 2025 at 3:57 PM
It was a pleasure to speak with American Habits about Fervo Energy, advanced geothermal, and how the U.S. has the opportunity to lead the world in the future of geothermal energy. Becoming leaders in this tech has major economic and national security advantages.
"By using drilling technology advanced by the oil and gas industry, Fervo is drilling deeper, drilling sideways and drilling in new places to unlock new reserves of heat energy. The DOE estimates that EGS has the potential to power more than 65M American homes and businesses."
Fervo uses oil drilling technology to dig deep for clean geothermal energy
With a well reaching new depths and fundraising hitting new heights, Fervo Energy's enhanced geothermal system development is on a hot streak.
www.newsweek.com
June 23, 2025 at 9:44 PM
"By using drilling technology advanced by the oil and gas industry, Fervo is drilling deeper, drilling sideways and drilling in new places to unlock new reserves of heat energy. The DOE estimates that EGS has the potential to power more than 65M American homes and businesses."
What a week for Fervo Energy!
💵 Successfully secured $206M in additional capital for Cape Station - the largest EGS project in the world
♨️ Announced a 15,000-foot well at 500°F+ in only 16 days (hottest & deepest well to date)
🏆 Achieved multiple drilling performance records
💵 Successfully secured $206M in additional capital for Cape Station - the largest EGS project in the world
♨️ Announced a 15,000-foot well at 500°F+ in only 16 days (hottest & deepest well to date)
🏆 Achieved multiple drilling performance records
Fervo announces new progress on geothermal drilling: deeper, faster, hotter
www.linkedin.com/posts/timlat... 🔌💡
www.linkedin.com/posts/timlat... 🔌💡
Fervo Energy Drills 15,000-FT, 500°F Geothermal Well, Pushing the Envelope… | Tim Latimer | 21 comments
Excited to announce Fervo Energy's latest field results, where we have set a new standard for deep geothermal well drilling with the Sugarloaf Appraisal well: 15,000+ feet, 500°F. All in just 16 d...
www.linkedin.com
June 16, 2025 at 4:51 PM
What a week for Fervo Energy!
💵 Successfully secured $206M in additional capital for Cape Station - the largest EGS project in the world
♨️ Announced a 15,000-foot well at 500°F+ in only 16 days (hottest & deepest well to date)
🏆 Achieved multiple drilling performance records
💵 Successfully secured $206M in additional capital for Cape Station - the largest EGS project in the world
♨️ Announced a 15,000-foot well at 500°F+ in only 16 days (hottest & deepest well to date)
🏆 Achieved multiple drilling performance records
Reposted by Jack Conness
What does the future of enhanced geothermal power generation look like?
Fervo offered an update to partners and investors at its #capeconnect event today, showcasing progress on its 100MW Cape Station project in UT.
I tagged along and I learned a lot. Some highlights based on my notes follow… 🔌💡
Fervo offered an update to partners and investors at its #capeconnect event today, showcasing progress on its 100MW Cape Station project in UT.
I tagged along and I learned a lot. Some highlights based on my notes follow… 🔌💡
June 11, 2025 at 11:26 PM
What does the future of enhanced geothermal power generation look like?
Fervo offered an update to partners and investors at its #capeconnect event today, showcasing progress on its 100MW Cape Station project in UT.
I tagged along and I learned a lot. Some highlights based on my notes follow… 🔌💡
Fervo offered an update to partners and investors at its #capeconnect event today, showcasing progress on its 100MW Cape Station project in UT.
I tagged along and I learned a lot. Some highlights based on my notes follow… 🔌💡
Come work with us!
Possibly the coolest job opportunity yet? I'm horribly biased but I think it holds up.
Fervo Energy is hiring for a mid-career level Policy Manager to help lead strategic engagement on government affairs and policy campaigns at the federal and state level: fervoenergy.com/career/gover...
Fervo Energy is hiring for a mid-career level Policy Manager to help lead strategic engagement on government affairs and policy campaigns at the federal and state level: fervoenergy.com/career/gover...
Government Affairs & Policy Manager
The Government Affairs & Policy Manager will lead key initiatives on Fervo’s government affairs and policy team, advocating on behalf of the company and expanding commercial opportunities across legis...
fervoenergy.com
June 3, 2025 at 6:55 PM
Come work with us!
“Enhanced geothermal systems (EGS) could plausibly contribute up to 20% of total US electricity generation by 2050 & drastically reduce the cost electricity decarbonization even in lower-quality resource areas east of the Mississippi – a much larger role for the technology than previously assumed.”
I am happy to announce that the final piece of my doctoral work on next-generation geothermal technologies has been accepted for publication as a research article in 𝘑𝘰𝘶𝘭𝘦, with an open-access manuscript available at doi.org/10.5281/zeno...
May 29, 2025 at 3:43 PM
“Enhanced geothermal systems (EGS) could plausibly contribute up to 20% of total US electricity generation by 2050 & drastically reduce the cost electricity decarbonization even in lower-quality resource areas east of the Mississippi – a much larger role for the technology than previously assumed.”
Reposted by Jack Conness
Fervo's VP of strategy Sarah Jewett walks through how the company used a variety of capital to build its record breaking geothermal facilities:
www.latitudemedia.com/news/what-fe...
www.latitudemedia.com/news/what-fe...
What Fervo's approach says about financing first-of-a-kind energy projects
Sarah Jewett walks through how the company used a variety of capital to build its record breaking geothermal facilities.
www.latitudemedia.com
May 27, 2025 at 7:52 PM
Fervo's VP of strategy Sarah Jewett walks through how the company used a variety of capital to build its record breaking geothermal facilities:
www.latitudemedia.com/news/what-fe...
www.latitudemedia.com/news/what-fe...
Super exciting report from the U.S. Geological Survey yesterday on the potential for enhanced geothermal systems (EGS) in the Great Basin. 135 GW of EGS potential is beneath our feet there, which could roughly meet 10% of U.S. power production capacity. pubs.usgs.gov/publication/...
May 23, 2025 at 5:10 PM
Super exciting report from the U.S. Geological Survey yesterday on the potential for enhanced geothermal systems (EGS) in the Great Basin. 135 GW of EGS potential is beneath our feet there, which could roughly meet 10% of U.S. power production capacity. pubs.usgs.gov/publication/...
Enhanced geothermal systems (EGS):
- Reliable, constant source of power ✅
- Rapidly declining costs ✅
- Limited land footprint ✅
- Flexible generating capacity ✅
- Transferable oil & gas workforce ✅
- Resilience to weather-related disruptions ✅
- 90 GW of potential by 2050 ✅
- Reliable, constant source of power ✅
- Rapidly declining costs ✅
- Limited land footprint ✅
- Flexible generating capacity ✅
- Transferable oil & gas workforce ✅
- Resilience to weather-related disruptions ✅
- 90 GW of potential by 2050 ✅
To build tomorrow's power grid, the United States should look to geothermal energy
Geothermal energy offers a promising solution for stable, reliable baseload power. But to unlock its full potential, the US government must take action to reduce the barriers to entry for industry.
www.atlanticcouncil.org
May 22, 2025 at 9:27 PM
Enhanced geothermal systems (EGS):
- Reliable, constant source of power ✅
- Rapidly declining costs ✅
- Limited land footprint ✅
- Flexible generating capacity ✅
- Transferable oil & gas workforce ✅
- Resilience to weather-related disruptions ✅
- 90 GW of potential by 2050 ✅
- Reliable, constant source of power ✅
- Rapidly declining costs ✅
- Limited land footprint ✅
- Flexible generating capacity ✅
- Transferable oil & gas workforce ✅
- Resilience to weather-related disruptions ✅
- 90 GW of potential by 2050 ✅
Reposted by Jack Conness
The policy analysis being done on advancing next-generation geothermal is really top notch. Huge appreciation to the smart people thinking hard about how to move the needle on EGS. The tech innovation is moving fast here and we need policy to keep up if we're going to meet the moment for clean firm:
May 20, 2025 at 5:08 PM
The policy analysis being done on advancing next-generation geothermal is really top notch. Huge appreciation to the smart people thinking hard about how to move the needle on EGS. The tech innovation is moving fast here and we need policy to keep up if we're going to meet the moment for clean firm:
To my people in Seattle & my Energy Innovation crew - you will be dearly missed.
To those in Denver - please reach out! I'm joining the Fervo Energy team to hopefully play a small part in making next-gen geothermal the next big thing. I continue to surround myself w/ people far smarter than me >>>
To those in Denver - please reach out! I'm joining the Fervo Energy team to hopefully play a small part in making next-gen geothermal the next big thing. I continue to surround myself w/ people far smarter than me >>>
May 8, 2025 at 6:42 PM
To my people in Seattle & my Energy Innovation crew - you will be dearly missed.
To those in Denver - please reach out! I'm joining the Fervo Energy team to hopefully play a small part in making next-gen geothermal the next big thing. I continue to surround myself w/ people far smarter than me >>>
To those in Denver - please reach out! I'm joining the Fervo Energy team to hopefully play a small part in making next-gen geothermal the next big thing. I continue to surround myself w/ people far smarter than me >>>
Joe B, Locker, and O. What a moment and what a 20-year run. 🐐🐐🐐
"THE CHASING DAYS ARE DONE. ALEX OVECHKIN IS THE GREATEST GOAL SCORER IN THE HISTORY OF THE NHL!!"
Joe Beninati on the call for Monumental Sports Network for Ovi's historic goal 🎙️
Joe Beninati on the call for Monumental Sports Network for Ovi's historic goal 🎙️
April 6, 2025 at 11:03 PM
Joe B, Locker, and O. What a moment and what a 20-year run. 🐐🐐🐐
"A survey conducted by the pollster Mason-Dixon in February 2022 found that among 625 registered FL voters, 84% supported net metering, including 76% of self-identified Republicans."
It's pretty great that despite endless political noise, solar is pretty freaking awesome (and cheap).
It's pretty great that despite endless political noise, solar is pretty freaking awesome (and cheap).
Florida vaulted past California last year in terms of new utility-scale solar capacity plugged into its grid, despite state leadership opposed to climate action:
Florida is now a solar superpower. Here’s how it happened.
The Sunshine State built more large-scale solar than California last year and was again No. 2 for residential, despite state leadership opposed to climate…
www.canarymedia.com
March 11, 2025 at 8:04 PM
"A survey conducted by the pollster Mason-Dixon in February 2022 found that among 625 registered FL voters, 84% supported net metering, including 76% of self-identified Republicans."
It's pretty great that despite endless political noise, solar is pretty freaking awesome (and cheap).
It's pretty great that despite endless political noise, solar is pretty freaking awesome (and cheap).
"There are “literally no limits” to how much Aspen can increase capacity [in China], said CFO Ricardo Rodriguez."
Constant threats, gutting federal programs, and widespread policy uncertainty is destroying business opportunities in the U.S. Every industry and every investor has their hands tied.
Constant threats, gutting federal programs, and widespread policy uncertainty is destroying business opportunities in the U.S. Every industry and every investor has their hands tied.
Aspen Aeorgels conditionally received a $670M DOE loan to produce battery components in Georgia. Now, the company is canceling its planned manufacturing facility.
Aspen will expand production in China, Mexico, and an existing Rhode Island plant instead. www.latitudemedia.com/news/why-asp...
Aspen will expand production in China, Mexico, and an existing Rhode Island plant instead. www.latitudemedia.com/news/why-asp...
Why Aspen Aerogels cancelled its LPO loan — and its Georgia factory
The DOE loan dropout was going to make battery components in the U.S. Now, it says manufacturing in China is a “no-brainer.”
www.latitudemedia.com
March 10, 2025 at 6:32 PM
"There are “literally no limits” to how much Aspen can increase capacity [in China], said CFO Ricardo Rodriguez."
Constant threats, gutting federal programs, and widespread policy uncertainty is destroying business opportunities in the U.S. Every industry and every investor has their hands tied.
Constant threats, gutting federal programs, and widespread policy uncertainty is destroying business opportunities in the U.S. Every industry and every investor has their hands tied.
“Generally speaking, it’s not to say these resources don’t exist but we know very little about what there is to offer.”
I spoke with CNN about the rumored US-Ukraine minerals deal last week and what we know about minerals in Ukraine. However, the deal between Trump and Zelenskyy fell apart.
I spoke with CNN about the rumored US-Ukraine minerals deal last week and what we know about minerals in Ukraine. However, the deal between Trump and Zelenskyy fell apart.
Trump’s promise of ‘very big deal’ with Zelensky undercut by officials’ widespread doubts over Ukraine’s resources | CNN Politics
President Donald Trump’s claim that the potential “trillion-dollar deal” he is on the cusp of signing with Ukrainian President Volodymyr Zelensky would offer the US easy access to a bonanza of rare ea...
amp.cnn.com
March 3, 2025 at 8:17 PM
“Generally speaking, it’s not to say these resources don’t exist but we know very little about what there is to offer.”
I spoke with CNN about the rumored US-Ukraine minerals deal last week and what we know about minerals in Ukraine. However, the deal between Trump and Zelenskyy fell apart.
I spoke with CNN about the rumored US-Ukraine minerals deal last week and what we know about minerals in Ukraine. However, the deal between Trump and Zelenskyy fell apart.
Reposted by Jack Conness
Outdated views on grid reliability and slow-moving institutions pose a far greater threat to a resilient grid than any single technology. We should stay focused on building a diversified electric grid capable of responding to a rapidly changing world.
www.latitudemedia.com/news/a-diver...
www.latitudemedia.com/news/a-diver...
A diversified, clean electric grid is the solution for growing energy demand
How policymakers at the federal, state, and local levels should think about clean energy’s role in grid reliability.
www.latitudemedia.com
February 27, 2025 at 7:04 PM
Outdated views on grid reliability and slow-moving institutions pose a far greater threat to a resilient grid than any single technology. We should stay focused on building a diversified electric grid capable of responding to a rapidly changing world.
www.latitudemedia.com/news/a-diver...
www.latitudemedia.com/news/a-diver...
President Zelenskyy will be at the White House tomorrow to sign a US-Ukraine minerals deal. What does that mean for securing our critical minerals supply chain? Potentially nothing w/ some serious reputational risk. I wrote a piece this morning for Forbes evaluating the deal…🧵
February 27, 2025 at 3:13 PM
President Zelenskyy will be at the White House tomorrow to sign a US-Ukraine minerals deal. What does that mean for securing our critical minerals supply chain? Potentially nothing w/ some serious reputational risk. I wrote a piece this morning for Forbes evaluating the deal…🧵
To be very clear, there is no good current evidence that Ukraine has any major mineral deposits that would make a dent in U.S. demand. We have no clue if their resources - especially rare earths - make any economic sense. They have lithium, but we have plenty more.
Ukraine agrees minerals deal with US
Kyiv hopes agreement on jointly exploring resources will improve relations with Trump administration
www.ft.com
February 25, 2025 at 9:01 PM
To be very clear, there is no good current evidence that Ukraine has any major mineral deposits that would make a dent in U.S. demand. We have no clue if their resources - especially rare earths - make any economic sense. They have lithium, but we have plenty more.
Chaotic times for cobalt.
The DRC just banned cobalt exports for 4 months due to oversupply (low prices).
Additionally, Rwanda-backed group invading eastern DRC and occupying resources. DRC president asking US to buy cobalt from them and get involved. Lots of moving parts.
The DRC just banned cobalt exports for 4 months due to oversupply (low prices).
Additionally, Rwanda-backed group invading eastern DRC and occupying resources. DRC president asking US to buy cobalt from them and get involved. Lots of moving parts.
Congo bans cobalt exports for four months to curb oversupply
The Democratic Republic of Congo says it has temporarily halted cobalt exports to limit flow of new metal on the market which it says is over-supplied.
www.reuters.com
February 25, 2025 at 6:05 PM
Chaotic times for cobalt.
The DRC just banned cobalt exports for 4 months due to oversupply (low prices).
Additionally, Rwanda-backed group invading eastern DRC and occupying resources. DRC president asking US to buy cobalt from them and get involved. Lots of moving parts.
The DRC just banned cobalt exports for 4 months due to oversupply (low prices).
Additionally, Rwanda-backed group invading eastern DRC and occupying resources. DRC president asking US to buy cobalt from them and get involved. Lots of moving parts.
Great thread from @cleanpowerdave.bsky.social. Similar to oil and gas “shortage worries” in the past, we’ve managed to find nearly endless lithium resources in the past few years. Tech improvements + just looking harder goes a pretty long way.
NEW: There’s now TWICE as much lithium in the world as assessed in 2018..
...according to the annual “Mineral Commodity Summaries” out today from the US Geological Survey
...according to the annual “Mineral Commodity Summaries” out today from the US Geological Survey
February 4, 2025 at 6:44 PM
Great thread from @cleanpowerdave.bsky.social. Similar to oil and gas “shortage worries” in the past, we’ve managed to find nearly endless lithium resources in the past few years. Tech improvements + just looking harder goes a pretty long way.
Last Friday, the US Geological Survey published their annual mineral commodity summaries. One major takeaway — our two largest mineral trading partners we are most reliant on? Not just China, but Canada too. Each country exports 21 different minerals that the US is > 50% reliant on via imports.
February 3, 2025 at 5:01 PM
Last Friday, the US Geological Survey published their annual mineral commodity summaries. One major takeaway — our two largest mineral trading partners we are most reliant on? Not just China, but Canada too. Each country exports 21 different minerals that the US is > 50% reliant on via imports.
Happy to have received this outreach from King County, but man, what a microcosm of some of the building issues we face today. Planning began in 2016(!!!) and construction is tentatively scheduled to be completed mid-2028. 12 years for a water storage tank. We have to learn how to do things faster.
January 29, 2025 at 10:27 PM
Happy to have received this outreach from King County, but man, what a microcosm of some of the building issues we face today. Planning began in 2016(!!!) and construction is tentatively scheduled to be completed mid-2028. 12 years for a water storage tank. We have to learn how to do things faster.
Reposted by Jack Conness
As White House resources disappear, the IRA + CHIPS Dashboard remains alive and well. If you need battery, EV, solar, wind, and semiconductor manufacturing data, you can find it all here. Jobs, investment dollars, and important political data too. It will continue to be updated.
Inflation Reduction Act (IRA) and CHIPS and Science Act Investments | Jack Conness
An online dashboard created by Jack Conness to track private investments related to the Inflation Reduction Act (IRA) and the CHIPS and Science Act (CHIPS).
www.jackconness.com
January 21, 2025 at 8:54 PM
As White House resources disappear, the IRA + CHIPS Dashboard remains alive and well. If you need battery, EV, solar, wind, and semiconductor manufacturing data, you can find it all here. Jobs, investment dollars, and important political data too. It will continue to be updated.