In this episode of The Driller Newscast, Host Brock Yordy dives into the so-called “Big Beautiful Bill” making waves in Washington—legislation with major implications for the drilling, HVAC, and geothermal industries.
The IRA contains a provision called the “production tax credit” (PTC) that allows taxpayers to deduct a percentage of the cost of renewable energy systems from their federal taxes, according to the Environmental Protection Agency (EPA).
Advances in technology such as directional drilling; fiber optic sensing; and hydraulic fracturing techniques from the oil and gas sector have “unlocked geothermal energy in places where it was previously impossible,” said Tim Latimer.
The Fleming brothers have always had a knack for heavy equipment, and they brought with them skills that they learned outside the industry that gave them a bit of an edge.
The Geothermal Drillers Association (GDA) is a member-driven nonprofit founded by drillers for the advancement of drillers, promoting professionalism in the geothermal drilling industry through access to educational, safety, and business resources.
The industry needs more to hit our 2030 goals and, ultimately, 2050 NetZero goals! We need more equipment than what is built today. We need more people to join the industry and establish careers in ground source geothermal.
The New York Geothermal Energy Organization (NY-GEO) is a dynamic not-for-profit trade association championing the growth of the geothermal heat pump (GHP) industry across New York State.
The broader water well drilling industry is bracing for the long-term consequences of increased tariffs, which could lead to rising equipment and material costs.