Why wouldn’t we use a natural source of almost endless energy?
Taking advantage of the Earth’s natural heat, geothermal plants offer the potential for a reliable and continuous energy supply. This can be used for heating or for electricity generation. It can even provide a source of energy for continuous direct air capture for carbon storage.
Geothermal takes advantage of skills initially developed for oil and gas. Drilling safe wells. Building topside facilities. Installing turbines. As such it faces many of the same risks and uncertainties as oil and gas.
We are specialists in quantifying subsurface, facilities and commercial risks, which help investors and lenders to make informed investment decisions.