Because of some great work with our partners, we do not foresee this being a limiter to growth. Here’s an example with our turbine supplier for Cape Phase I.
fervoenergy.com/turboden-and...

That probably adds to my point. It takes quite a bit of work to get even a single patent. An idea is just the beginning of that process.

It’s not a graph of electricity prices. It’s a graph of Electrical Power and Specialty Transformer Manufacturing.

The point is, people hoping power prices will go back to “normal”, in a new regime when most of the major inputs to power prices are structurally higher, are not going to be happy.

It’s a Producer Price Index for Electrical Power and Specialty Transformer Manufacturing.

Driving costs lower in the face of unprecedented rises in power component costs while simultaneously removing China from the supply chain is going to be quite a challenge.

Distributed energy is probably even more exposed to these price trends than utility scale is.

If it’s that easy to replicate it probably was never going to be an enduring business anyway.

No, the article is correct. Taking existing technology from shale and then adapting it to work is the whole thesis, and that’s what the article says.

Warrens is correct. While the technology category of PDC bits comes from oil and gas, they have had to be adapted to perform in granite.

That was my reaction at first, and actually spent a few years trying to get a job somewhere already
using this approach for EGS because I thought it was so obvious someone must be doing it.

However, replicating O&G performance in geothermal reservoirs has been a huge technical undertaking.

Radically cheaper. heatmap.news/economy/ferv...