Key Highlights

[00:01 – 08:38] Opening Segment

• Introducing Cindy to the show
• Fracking and horizontal drilling have revolutionized US energy production
• EGS (Enhanced Geothermal Systems) require either drilling or fracturing to create an artificial reservoir in hot rock without water

[08:39 – 17:05] Unlocking the Power of Geothermal Energy

• Geothermal energy is on the learning curve where wind and solar were 15-20 years ago
• The cost of geothermal is currently in the 9-10 cents per kilowatt hour range, while wind and solar are around half
• Geothermal can act as energy storage for other technologies by cycling a small volume of fluid in the fracture

[17:06 – 26:13] Streamlining Geothermal Permitting in Texas and Louisiana

• Pumping water into a fracture during times of low demand and then releasing it back to the surface when demand peaks to generate electricity
• Cost-competitive energy production is vital for communities to pursue
• The effects of raising funds in a series A fundraise

[26:14 – 33:40] Closing Segment

• Industrial processes that require both electricity and heat could benefit from geothermal energy
• Geothermal currently makes up less than 1% of utility electricity generation in the US
• Most significant challenges are technology and sizeable upfront capital cost

Connect with Cindy!

LinkedIn: https://www.linkedin.com/in/cindy-d-taff-53b77a57/ 

Website: www.sagegeosystems.com