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Home » geothermal energy

Articles Tagged with ''geothermal energy''

nyserda green jobs.jpg
News

KBRA Rates NYSERDA's Residential Clean Energy Bonds

The new green bonds are the first term ABS securitization of 2024 for NYSERDA.
National Driller staff
The Driller Staff
June 18, 2024
No Comments

NYSERDA will issue the bonds through its Green Jobs - Green New York program, which offers solar and energy efficiency loans to one-to-four-family residential structures.


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The Driller Newscast Episode 114: Donkeys, Elephants and Geothermal Saving the Planet
Episode 114 – The Driller Newscast

Geothermal Advocacy, Climate Impact, and Safety Strategies

National Driller staff
The Driller Staff
June 17, 2024
No Comments

Dive into risk assessment, climate news, and the strength of geothermal advocacy with insights from Bill Nowak.


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News

U.S. Department of Energy Announces $7 Million Funding for Geothermal Energy Research

Funding aims to develop grid models to support a decarbonized electricity grid by 2035 through geothermal power.
National Driller staff
The Driller Staff
June 12, 2024
No Comments

The U.S. Department of Energy’s Geothermal Technologies Office announces a $7 million funding opportunity to study the role of geothermal energy in achieving a decarbonized and stable electricity grid by 2035.


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News

Vermont's New Law Paves the Way for Expanded Geothermal Drilling and Thermal Energy Networks

The new law allows for the development of local thermal energy networks in Vermont communities without PUC approval
National Driller staff
The Driller Staff
June 11, 2024
No Comments

This legislation empowers municipalities, businesses, and community-based organizations to operate Thermal Energy Networks, fostering a more sustainable energy infrastructure across the state.


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News

Colorado Invests $7.7 Million in Geothermal Energy Initiatives

State-funded projects aim to foster clean energy solutions, job creation, and economic diversity.
National Driller staff
The Driller Staff
June 7, 2024
No Comments

Colorado announces a $7.7 million investment in geothermal energy projects to enhance clean energy generation, support economic diversity, and create sustainable job opportunities while advancing the state's goal of net-zero emissions by 2050.


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News

Geothermal Heat Pump Market Set for Remarkable Growth, Promising Opportunities for Drillers

Projected to grow by USD 5.65 billion by 2028, the geothermal heat pump market offers new prospects in the drilling industry
National Driller staff
The Driller Staff
June 6, 2024
No Comments

As the geothermal heat pump market is expected to expand significantly, reaching a growth of USD 5.65 billion by 2028, geothermal drillers and the broader drilling industry stand to benefit from the increased demand for renewable energy installations and associated drilling activities.


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java street geothermal brooklyn ppi award.jpeg
News

Geothermal Development in Brooklyn Wins PPI Construction Award

New York's largest mixed-use development with a geothermal system honored by the Plastics Pipe Institute.
National Driller staff
The Driller Staff
June 6, 2024
No Comments
The 1 Java Street project, a mixed-used development in Brooklyn, New York with a geothermal heat pump system, has won Project of the Year from the PPI.

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flexgeo geothermal project.jpeg
News

Advancing Geothermal Technology: The Launch of the FlexGeo Project

This European geothermal project aims to enhance geothermal energy flexibility and efficiency.
National Driller staff
The Driller Staff
June 6, 2024
No Comments

European initiative seeks to revolutionize geothermal systems with innovative, flexible solutions to meet modern energy demands.


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brooklyn decarb summit geothermal.jpeg
News

Decarb Boston Summit 2024: Leading the Charge in Sustainable Innovation

Geothermal drillers and leaders alike won't want to miss this event
National Driller staff
The Driller Staff
June 5, 2024
No Comments

The Decarb Boston Summit on June 18th at Sasaki in downtown Boston is set to explore vital sustainability topics like geothermal energy, innovative materials, and financing strategies for decarbonization projects, aiming to advance the city's and attendees' goals for a sustainable future.


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framingham geothermal project massachusetts eversource.jpeg
News

Massachusetts Launches Pilot Program to Transition to Geothermal in Framingham

The $14 million project will test the feasibility of an underground thermal energy network to reduce fossil fuel usage.
National Driller staff
The Driller Staff
June 5, 2024
No Comments

Massachusetts is leading the way in the shift from fossil fuels to clean energy with the launch of the country's first utility-operated underground thermal energy network. 


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