A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public

Submitted ⁨⁨8⁩ ⁨hours⁩ ago⁩ by ⁨silence7@slrpnk.net⁩ to ⁨nyt_gift_articles@sopuli.xyz⁩

https://www.nytimes.com/2026/05/13/business/energy-environment/fervo-geothermal-energy-ipo.html?unlocked_article_code=1.iFA.XD9E.pjXvfJv5hxRm

Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.

source

Comments

Sort:hotnew top

ZeroCool@piefed.ca ⁨8⁩ ⁨hours⁩ ago

Geothermal has support across the political spectrum because it can produce electricity without any planet-warming emissions while operating 24 hours a day, unlike wind and solar projects.

Has the New York Times ever resisted the urge to spread Republican talking points about wind and solar power? Call me crazy, but I think we should be pursuing all clean energy options, not just the ones Republicans aren’t throwing a hissy fit over… yet.

source
- pennomi@lemmy.world ⁨7⁩ ⁨hours⁩ ago
  That “24 hours a day” is doing some extreme lifting. There are absolutely areas where wind makes constant power, just sometimes it produces more than other times.
  
  source