Saturday 1 July 2023

Geothermal energy from lower heat sources makes it much more cost effective with Sage Geosystems.com

No longer do we need to pump water deep in the ground, this system is closed loop and does not consume any water! Sage deploys an enhanced geothermal system using a combination of off-the-shelf oilfield equipment and proprietary technology to capture geothermal power from any underground formation where the required heat level exists. The beauty of this approach is that the oil and gas industry has been drilling into many suitable formations for decades now, and that project execution requires the same basic fields of expertise used in the oil and gas business since its inception. The next challenge, she says, comes in determining “how do you cost effectively then harvest that heat out of the earth and then bring it to the surface, and then cost effectively convert that heat to electricity? That's the challenge that the geothermal industry has faced for about 40 years.” Once the well is drilled into the target formation (the process can even sometimes tap into pre-existing wellbores, thus cutting costs), Sage then deploys what Taff calls a “cycle of injection and production” similar to “huff and puff” pumping systems used by the oil and gas industry for many years. here is the link: https://www.forbes.com/sites/davidblackmon/2023/06/29/is-geothermal-the-magic-bullet-for-renewable-baseload/ the company is called Sage Geosystems, here is an interview with the CEO, : https://www.sagegeosystems.com/geothermal-talks-empowering-the-future-with-david-blackmons-podcast/