EGS

Advancing the commercial potential of geothermal energy for oil sands mines

Retrieved on: 
Tuesday, November 16, 2021

CALGARY, Alberta, Nov. 16, 2021 (GLOBE NEWSWIRE) -- A new study investigating the application of geothermal energy in oil sands mining is moving the commercial potential of this renewable energy source closer to reality.

Key Points: 
  • CALGARY, Alberta, Nov. 16, 2021 (GLOBE NEWSWIRE) -- A new study investigating the application of geothermal energy in oil sands mining is moving the commercial potential of this renewable energy source closer to reality.
  • COSIA and its members, representing 90 per cent of all oil sands production, are now launching a second study to evaluate Eavors Advanced Geothermal System (AGS), the Eavor-Loop.
  • We look forward to assessing EAVORs technology as a potential fit for providing thermal energy for oil sands mining operations.
  • Canadas Oil Sands Innovation Alliance (COSIA) is a unique alliance of oil sands producers focused on accelerating environmental performance in Canadas oil sands.

Uppwise placed in Magic Quadrant for Strategic Portfolio Management, 2021

Retrieved on: 
Friday, October 1, 2021

Uppwise placed in Magic Quadrant for Strategic Portfolio Management, 2021

Key Points: 
  • Uppwise placed in Magic Quadrant for Strategic Portfolio Management, 2021
    Uppwise placed as a niche player in the new Gartner's Magic Quadrant.
  • ITALY, Sept. 28th, 2021 Uppwise, a leading provider of Strategic Portfolio Management Solutions, announced that it has been recognized as a Niche Player in Gartner's first Magic Quadrant for Strategic Portfolio Management (SPM)
    Uppwise, a leading provider of Strategic Portfolio Management Solutions, announced that it has been recognized as a Niche Player in Gartner's first Magic Quadrant for Strategic Portfolio Management (SPM).
  • "We are extremely excited that Gartner included Uppwise in their inaugural Strategic Portfolio Management Magic Quadrant.
  • We are committed to become a leading player in this emerging market" said Gioacchino Gaudioso, CEO of Uppwise.

AltaRock Energy Initiates Development of First SuperHot Rock Geothermal Resource

Retrieved on: 
Thursday, September 23, 2021

AltaRock defines SuperHot Rock as EGS in high-temperature rock above 400 C. SuperHot Rock development targets energy densities per well as high as five to 10 times that of both conventional EGS and hydrothermal developments in the 200-250 C range.

Key Points: 
  • AltaRock defines SuperHot Rock as EGS in high-temperature rock above 400 C. SuperHot Rock development targets energy densities per well as high as five to 10 times that of both conventional EGS and hydrothermal developments in the 200-250 C range.
  • AltaRock determined that economically viable geothermal development requires greater energy density per well not attainable with conventional EGS temperature targets.
  • The next generation of geothermal power, SuperHot Rock geothermal, will require development of engineered reservoirs in deep basements where hotter supercritical temperatures can yield up to 10 times more energy than a conventional geothermal well, said Geoff Garrison, vice president of research and development at AltaRock.
  • AltaRock Energy (ARE), technology leaders in Enhanced Geothermal Systems (EGS) development, is raising EGS to massive scale making clean, affordable, renewable geothermal energy available anywhere and everywhere.