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Oh, hey everyone.
Drill, Baby, Drill. For clean energy.
ift.tt/6jo5TIH
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Tim Latimer
11.8K posts
Tim Latimer
@TimMLatimer
CEO @fervoenergy, revolutionizing the electric grid with next-gen geothermal 🌋 ⚡️ Texan.
Houston, TX 参加日 Mayıs 2011
2.4K フォロー中27.6K フォロワー
@RepJoshHarder @RepMaloyUtah Thank you for the invitation! It was an honor to discuss Geothermal’s role in American Competitiveness and the policy steps we can take to accelerate it with you and the Build America Caucus.
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Geothermal is affordable, renewable, and one of our best tools for securing American energy dominance. But years of red tape is standing in the way.
@RepMaloyUtah and I held a panel with @TimMLatimer and the bipartisan Build America Caucus on speeding up these energy projects.
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Appreciate the leadership of @SteveDaines @SenJohnCurtis @SenatorHick and @SenAlexPadilla 👏🏽 bipartisan intro of the GEO Power Act 👏🏽 Geothermal has immense potential to provide clean reliable power affordably. Strengthening financing tools to derisk innovation will help it scale
E&E News@EENewsUpdates
Biparitsan duo unveils geothermal financing bill ift.tt/HNUzaXv
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@xiaowang1984 @SimonMahan @forrest_f_ Two separate projects. Project Cape is in Utah. Our CTT deal with Google/NV Energy is a different project in Nevada.
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Man if the energy transition advocates were thinking chess instead of checkers they should be using this data center moment to be figuring out how to get them to cost share that long distance intra regional high voltage backbone that they always wanted the ratepayer to fully fund in the past in a win-win. 765kv from Ohio to DC might help deliver CCGT gas now but would set up for that holy grail interregional transmission probably later on.
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@ZohebDavar And getting everyone excited about geothermal only took me 11.8k tweets!
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@TimMLatimer h/t for having this foresight a decade ahead of everyone
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Somehow Geothermal became the energy that everyone supports
New bipartisan geothermal funding being proposed in the Senate today
American Conservation Coalition@ACC_National
Geothermal is a goldmine of energy hiding right under our feet.
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There are so many technology trends that had to converge—PDC drill bits, reservoir simulation, fiber optic sensing, large-scale ORC turbines, etc.—and mature at the same time, it would have been impossible to make a Fervo-style EGS technology work pre-2015.
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A mission of Fervo from the very beginning has been showing a path where O&G skills can accelerate the transition to sustainable energy.
So it’s exciting to see that Mission play out as Big Oil starts to follow in Fervo’s geothermal progress foot steps. canarymedia.com/articles/geoth…
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@nukeadvocate I mean, really it does. Cheaper drilling unlocks the ability to have more reservoir contact for the same cost, meaning that thermal depletion goes down.
Thermal depletion is a very manageable part of modern EGS and a tiny portion of the cost of a project.
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Oil company digs a hole and suddenly geothermal is revolutionary? Thermal depletion doesn't disappear with faster drilling.
Tim Latimer@TimMLatimer
A mission of Fervo from the very beginning has been showing a path where O&G skills can accelerate the transition to sustainable energy. So it’s exciting to see that Mission play out as Big Oil starts to follow in Fervo’s geothermal progress foot steps. canarymedia.com/articles/geoth…
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It takes a pretty unique personality to make it as a hardtech founder. Most everyone I know who has found success has been rejected by many hundreds of VCs while fundraising over the years and still finds grit to move forward.
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@majormartin1942 The pace seems slow, relative to what?
Are there other complex, multi-billion dollar, first of a kind, mega projects that are moving faster? Just trying to make sure we are using the right benchmarks here.
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@TimMLatimer Agreed ! My tweets won't make them come online faster - only you and your team can do that.
The pace seems slow. I wonder what the bottleneck is...
I hope you already have a bunch of other projects in both Utah and other states lined up, and that you have supply chain ready.
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There was record attendance at this years Stanford Geothermal Workshop. Crowds were so large they had to add spillover rooms for the first time.
We are at the part of the cycle when a huge influx of human capital accelerates things. pangea.stanford.edu/ERE/db/GeoConf…
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It’s amazing how many reply guys there are on this website that just regurgitate some form of:
“Interesting [leading indicator] you’ve shared there, but why isn’t it showing up in this [lagging indicator]??”
That’s not how understanding the future works yall.
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@majormartin1942 We have well documented both our ongoing generation, which has been online since 2023, and our multi-GW growth plans, with the next phase to come online this year.
These are complex multi-year construction projects and unfortunately your tweet replies won’t make them any faster!
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@TimMLatimer Still talking about potential. Show us the generation!
Tim Latimer@TimMLatimer
Enhanced geothermal is a real, functioning, cost-effective technology today, can provide clean firm power, and has practically unlimited upside. Wild that it doesn’t get more attention. Literally checks all the boxes.
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@H2Colby @JackNorbeck We don’t have to pick favorites! I love all my Alma maters equally.
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In any hardtech startup there is a singular discipline that ties the tech to the economics and it’s vital a founding team has that as a core competency.
In geothermal, it’s Reservoir Engineering, and there are countless startups working on bad ideas because they lack that skill.
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@247zeroEnergy Yes, and the paper I wrote outlining why it work in factory mode has been the basis for the Fervo strategy for nearly a decade now. pangea.stanford.edu/ERE/pdf/IGAsta…
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If this was true for modern oil and gas, they would be flooding instead of fracking.
The shale revolution transformed abundant lower quality reservoirs into viable economic options via the drill frac repeat factory.
Question is, is EGS factory mode compatible?
Tim Latimer@TimMLatimer
In any hardtech startup there is a singular discipline that ties the tech to the economics and it’s vital a founding team has that as a core competency. In geothermal, it’s Reservoir Engineering, and there are countless startups working on bad ideas because they lack that skill.
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