CORE Knowledge: Recent Episodes
Nick
CORE Knowledge is a podcast focused on bringing awareness to the geothermal energy space and how we have to work together to ensure it becomes a part of the energy grid. CORE will aim to talk to start up entrepreneurs, technology experts, research scientists, policy makers, venture capitalists, O&G operators and also encourage students in the geoscience and engineering disciplines to explore jobs.
The role that research centers play in any energy ecosystem are extremely vital. We have seen this play out in the Oil and Gas space, mining, environmental, and so on. Well, Geothermal is no different. The Cascade Institute is on a mission to unlock ultra-deep geothermal resources within Canada specifically with the hopes that it spurs traction globally. From funding models, policy support, to in field test sites where technology can be de-risked unlocking critical investment dollars, these institutes are a key piece to the energy ecosystem. This episode features Peter Massie, the Director of the Geothermal office at the Cascade Institute and we touch on many of these topics and more, so come have a listen.
Cascade Institute
https://www.linkedin.com/company/cascade-institute/posts/?feedView=all
Peter Massie
https://www.linkedin.com/in/peter-massie/
Peter's Book Recommendation
How Solar Energy Became Cheap by Greg Nenet
How Solar Energy Became Cheap: A Model for Low-Carbon Innovation: Nemet, Gregory F.: 9780367136598: Amazon.com: Books
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
The Future of Geothermal. What is it and how does it play out? The recent report by the IEA with the aforementioned title "The Future of Geothermal" goes into detail on the past, present and future of geothermal, new technologies, startups, oil and gas crossover, and so much more. It is well worth a read, but in the meantime, I sat down with Heymi Bahar, a senior analyst with the IEA to talk about the report in detail, giving a view into what the future may indeed hold for this amazing resource - the heat beneath our feet.
Heymi Bahar
https://www.linkedin.com/in/heymi-bahar/
IEA
https://www.linkedin.com/company/international-energy-agency/posts/?feedView=all
Heymi's Book Recommendation
The Perfectionist: Life and death in Haue cuisine by Stephen Chelminski
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
The heat beneath your feet. We say it at the beginning of every episode, and we mean it. There exists an immense energy source everywhere you are beneath your feet. Our goal is to shed light on the amazing people and companies working to bring geothermal projects to life. This week, Croatia is the country, and ENNA Geo is the company taking charge, bringing forward geothermal projects with the aim of having 20-30 MW online in the next 5 years. Tune into my conversation with Ivana Ivancic and Boris Vidos to hear more about the challenges ahead, promising projects and more.
ENNA Geo
https://www.linkedin.com/company/ennagroup/
Ivana
https://www.linkedin.com/in/ivana-ivancic-29385238/
Boris
https://www.linkedin.com/in/boris-vidos/
Book Recommendations
What I talk about when I talk about Running by Haruki Murakami and the Bible
12 rules for Life by Jordan Peterson
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Heating and cooling as an industry is one of the main offenders when it comes to emissions and accounts for a large pull on the energy sector as well. So, how do you solve the problem of decreasing energy demand while increasing resiliency and sustainability? Geothermal. The Earth has a stable temperature of around 55-70 degrees F depending on depth everywhere in the world and it can be tapped to be utilized for heating and cooling, both residential and commercial. I sit down with Ammar Alali, the CEO of Strataphy to talk about the huge opportunity that sits in front of the geothermal industry and how he and his team are looking to capitalize.
Strataphy
https://www.strataphy.com/
Ammar Alali
https://www.linkedin.com/in/ammar-alali/
Ammar's Book Recommendation
The Tipping Point by Malcolm Gladwell
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Innovation is at the heart of the energy industry and with geothermal it is no different. Sigurdur Markusson has been involved in a variety of projects that have dealt with harvesting geothermal energy and using it to sustainably produce food and now takes over the role of managing director at GEORG. It is time for collaboration, innovation, and awareness to accelerate for the geothermal industry.
GEORG
https://www.linkedin.com/company/georg-geothermal-research-cluster/about/
Sigurdur Markusson
https://www.linkedin.com/in/sigurdur-h-markusson-8b979729/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
The Earth's heat produced from radioactive decay in the core has many benefits once recovered and brought to the surface. Most focus is placed on its ability to provide baseload power, which is important, but arguably the most widespread use case being heating and cooling gets overlooked. Geothermal is ubiquitous throughout the planet, however, it does vary by location the feasibility of extracting the resource, but harvesting low temperature resources can be done most anywhere. Once harvested, the use cases are seemingly endless, heat and cool your home, office building, school, grow vegetables, process dairy, aquaculture, and so much more. I had the chance to sit down with Celia Wells who is the Strategic Developments Manager at GeoExchange NZ and talk about their goals, the size of the prize and what challenges lie ahead.
GeoExchange NZ
https://www.linkedin.com/company/geoexchange-new-zealand/posts/?feedView=all
Celia Wells
https://www.linkedin.com/in/celia-wells-74402291/
Celia's Book Recommendation
Range by David Epstein
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Large scale energy infrastructure projects require significant up-front investment and usually carry a considerable amount of risk. How the projects are financed plays a key role in the success of the project and future scalability. Geothermal is no different than the Oil and Gas industry, solar, wind, hydrogen you name it - a lot of money will be needed but will need to be efficiently and effectively deployed to achieve the desired outcome for all stakeholders. I sit down with Amanda Lonsdale at Magnitude Global Finance to talk about the nuances in financing large scale projects, available instruments to mitigate risk, and hurdles still to overcome.
Magnitude Global Finance
https://www.linkedin.com/company/magnitude-global-finance/
Amanda Lonsdale
https://www.linkedin.com/in/amanda-lonsdale-390749/
Amanda's Book Recommendation
Creating Climate Wealth by Jigar Shah
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
World Geothermal Energy Day 2024 - CORE Knowledge got to be a part by helping to raise awareness, be a voice and spread educational content around geothermal and what roles it can play in the energy ecosystem of today and tomorrow.
I sit down with Jason Fisher from Blue Spark and Peter Duncan from Microseismic to cover a variety of topics from why they love geothermal to how it has changed the way we look at decarbonizing the globe.
Blue Spark
https://www.linkedin.com/company/bluesparkenergy/
Jason Fisher
https://www.linkedin.com/in/geothermal-fisher/
Microseismic
https://www.linkedin.com/company/microseismicinc/posts/?feedView=all
Peter Duncan
https://www.linkedin.com/in/petermduncan/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Gallant
https://www.linkedin.com/company/gallantculture/posts/?feedView=all
Today's episode brings a perspective from a company that gets to be a part of a myriad of geothermal projects all across the globe. Steam Geothermal, an owner's engineering consultancy specializes in simply coming in alongside the developer to fill gaps where their expertise is lacking on top of being a voice for the geothermal sector around the world. We sit down with William Thompson, Strategic Development Director at Steam about how he got lured into geothermal, helped with a complete rebrand and now how he is leading Steam's efforts in championing geothermal plus aiding in developing truly transformational projects.
Steam Geothermal
https://www.linkedin.com/company/steam-geothermal/posts/?feedView=all
William Thompson
https://www.linkedin.com/in/twilliamthompson/
William's Book recommendation
Meditations by Marcus Aurelius
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Australia is no stranger to natural resources; they are a powerhouse in the mining and petroleum industry and now are a burgeoning developer in the renewable energy space. With energy security and sustainability top of mind for many in today's world, Australia is tackling this by exploring all potential solutions. One, however, may just hold the golden ticket for them once again to become a powerhouse - geothermal. Come, listen into my conversation with Adam Stepanoff of Whitebark Energy Ltd., a leader in the space, with some of the first and largest permitted areas for geothermal exploration and development to learn about some of the hurdles and opportunities the country faces.
Adam Stepanoff
https://www.linkedin.com/in/adam-stepanoff-70267265/
Whitebark Energy Ltd.
https://www.linkedin.com/company/whitebark-energy-limited/posts/?feedView=all
Adam's Book Recommendation
The Courtneys of Africa by Wilbur Smith
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/?viewAsMember=true
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
When designing and developing a project, it is important to consider the full generation life cycle in order to incorporate efficiencies, cost savings, safety measures, inclusivity, and so much more. In the case of geothermal, it allows for innovative thinking around how to incorporate a mindset of circular economy benefits and engaging with the local community to ensure mutual benefit. I had the pleasure of sitting down with Greg Thompson, the acting CEO at the time of the interview at MB Century and the Director of International BD, Robert Mandjes to discuss the rich history of MB Century and how they are innovating and continuing to lead in the design and development of various energy projects across New Zealand.
MB Century
https://www.mbcentury.com/
Robert Mandjes
https://www.linkedin.com/in/robertmandjes/
Greg Thompson
https://www.linkedin.com/in/greg-thompson-5173831a/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Often times in the midst of forging a new path, discovering a new breakthrough technology, or simply applying a new technique or theory it is hard to think about what the future might hold. In this case, Devon Energy was pioneering the deployment of fiberoptic cables permanently downhole to help analyze many facets of their operations and now in the heat of the energy transition, they have teamed up with a leading geothermal energy developer, Fervo Energy to yet again forge a new path. Come join the riveting coversation with Kyle Haustveit, Manager of Devon Energy Ventures as we discuss how the past is helping lead the way for the future and how Devon is playing a role.
Kyle Haustveit
https://www.linkedin.com/in/kyle-haustveit/
Devon Energy
https://www.devonenergy.com/
Kyle's Book recommendation
The War below and Elon Musk by Walter Issacson
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Always been interested in learning more about the circular economy? How does geothermal fit in? Can we create a truly self-sustaining ecosystem? Come listen in to my conversation with Helga Johannsdottir, Manager of Business Development at ON Power Iceland where we talk about their geothermal park and how they are creating a circular economy. Their model is not isolated to just Iceland and their hope as well as mine is that they can be an example for many others to create something similar.
Helga Johannsdottir
https://www.linkedin.com/in/hkjohannsdottir/
ON Power
https://www.on.is/
Helga's Book Recommendation
The Power of Habit by Charles Duhigg
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/?viewAsMember=true
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Curious to learn more about Exergy and their innovative ORC design? Well, first listen to this great episode where we delve into just that, but also go and check out their website or reach out to either Luca!
Exergy ORC
https://www.exergy-orc.com/
Luca Pozzoni
https://www.linkedin.com/in/luca-pozzoni-63739316/
Luca Vanini
https://www.linkedin.com/in/vaniniluca/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
There will always be the doubters who say that something is impossible and will never be achieved or realized. To people like Steve and John of Hephae Energy, it is music to their ears, a challenge accepted to go beyond where anyone has before. That is what they are doing for the geothermal industry in developing rotary steerable and MWD tools that can operate precisely downhole at temperatures well above 175 degrees C.
Hephae Energy
https://www.hephaeet.com/
Steve Krase
https://www.linkedin.com/in/stevekrase/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/?viewAsMember=true
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Iceland Drilling has been drilling geothermal wells for many years now, and is even taking their skillset and knowledge abroad to help in accessing this immense resource of heat beneath our feet. This episode talks all about the past, present, and future of the geothermal industry, Iceland Drilling and its role in that, as well as how we can look to continually advance and learn.
Iceland Drilling
https://www.jardboranir.is/
Sveinn Hannesson
https://www.linkedin.com/in/sveinn-hannesson-604b184/
Daniel Drader
https://www.linkedin.com/in/daniel-d-01730b44/
CORE Knowledge
https://www.linkedin.com/company/75072170/admin/feed/posts/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Cross pollination within the energy sector is a must in order to achieve the global targets we have set out for ourselves. As energy demand rises rapidly, the need to decarbonize increases in importance, I believe the energy sector will actually shrink. Not in production or employees, but in how many once siloed companies and industries cross over into new territory.
Join me as I talk with the one, the only Patrick Hanson, Senior Geothermal Development Manager with Expro about this very thing and how he is excited to be part of this future energy ecosystem.
Expro
https://www.expro.com/region/locations/corporate-hq-1
Patrick Hanson
https://www.linkedin.com/in/phanson610/
Patrick's book recommendation
The subtle art of not giving an F$%!
CORE Knowledge
https://www.linkedin.com/company/75072170/admin/feed/posts/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
When time is spent comparing every energy source it can be missed how they complement each other and can ultimately unlock even more technologic advancement that enables decarbonization. Today's episode is to highlight some incredible energy entrepreneurs with Premier Resource Management that are trying to change this by combining solar, geothermal and storage. Mike Umbro, Partner and Head of Corporate Development gives us some insight into how this project can catapult the transition to carbon negative, renewable and resilient energy.
Premier Resource Management
https://www.linkedin.com/company/premier-resource-management-llc/about/
Mike Umbro
https://www.linkedin.com/in/mikeumbro/
Mike's Book Recommendation
Governing the commons by Elinor Ostrom
CORE Knowledge
https://www.linkedin.com/company/75072170/admin/feed/posts/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Scaling up many of the low carbon solutions that will help to decarbonize our world need extensive investment along with support in the form of access to market. Who better than incumbent energy companies to do this? They have balance sheets, established supply chains across the entire value chain of energy, social reputations and beyond. Ecopetrol is leading the way and setting a great example. They were the first energy company to announce roadmap to lower carbon intensity and emissions by 2040. Join in on my conversation with the Vice President of Low Carbon Solutions, Yeimy Baez and learn a little more on what exactly that roadmap entails.
Ecopetrol
https://www.ecopetrol.com.co/wps/portal
Yeimy Baez
https://www.linkedin.com/in/yeimyb%C3%A1ez/
Yeimy's Book Recommendation
Love in the time of cholera by Gabriel Garcia Marquez
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Ensuring access to food, water, and energy are some of the key objectives for the next couple decades, but doing so in a sustainable way is equally important. Geothermal can not only help address the access to energy for developing countries, but it also can play a significant role in eliminating food deserts, producing sustainable food even in climates that previously prohibited it. I sit down with Arni Pall Einarsson, Chief Commercial Officer at Matorka to talk about the fish farming industry and how they are pioneering with sustainable arctic char production utilizing geothermal.
Matorka
https://matorka.is/
Arni Pall Einarsson
https://www.linkedin.com/in/arni-pall-einarsson-03b75556/
Arni's Book Recommendation
Reluctant Genius by Charlotte Gray
CORE Knowledge
https://www.linkedin.com/company/75072170
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Not that long ago Iceland was considered a developing country. Fast forward to today and it is now one of the welathiest nations on a per capita basis. One major driver of that has been their innovation around the natural resources and energy they have right under their feet; geothermal. Landsvirkjun has been developing and innovating around geothermal and the many use cases for the past 60 years. My conversation with Bjarni Palsson, Executive Director of Geothermal Development dives into how Iceland continues to innovate and share the knowledge globally to help advance the industry.
Bjarni Palsson
https://www.linkedin.com/in/bjarni-palsson-08b27a29/
Landsvirkjun
https://www.linkedin.com/company/landsvirkjun/
Bjarni's book recommendation
The Prize by Daniel Yergin
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
How do we achieve the lofty goals set forth to reduce our global emissions and keep global warming at bay? It definitely won't happen in silos, it will take a cooperative effort, building on the backs of those gone before us, of course new innovations, new technology and a bunch of capital. The beautiful thing is that countries like Iceland who have been innovating around energy usage, efficiencies, security of said energy and general sustainability can offer so much to the rest of the world as we work towards decarbonizing the planet. I sit down with Nott Thorberg, the Director of Green by Iceland whose entire purpose is to connect, educate, and export knowledge from Iceland around the world to accelerate our transition.
Green by Iceland
https://www.greenbyiceland.com/
Nott Thorberg
https://www.linkedin.com/in/nott-thorberg-6ab2172/
Nott's book recommendation
Changing on the Job by Jennifer Berger
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Some of us dive deep into political issues and policy while others of us steer clear of all things related to politics. Well, when it come to reaching net zero by 2050 goals, we all need to be active in our governments from state/local level all the way to country leadership. Policy will shape how we arrive or don't arrive at net zero. Today's episode focuses of course on policy from a geothermal perspective, how we have made progress, but also how we still have a long way to go and what needs to be done moving forward across the globe to make way for the geothermal renaissance.
Kamila Piotrowska
https://www.linkedin.com/in/kamilapiotrowska/
Baker Hughes
https://www.bakerhughes.com
Kamila's Book recommendation
Gorillas in the mist by Dian Fossey
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
This week we are at CERA week and just in awe of the amount of interest and air time for geothermal and central to this renaissance of sorts is Geothermal Rising the largest trade organization representing the industry around the globe. I had the pleasure of snagging Bryant Jones the newly appointed Executive Director for GR and discussing with him the momentum we are seeing, what needs to still be done, and how Geothermal Rising is going to work to continue advancing geothermal at a rapid pace. Incredibly insightful conversation that you do not want to miss!
Bryant Jones
https://www.linkedin.com/in/bryantajones-energy/
Geothermal Rising
https://geothermal.org/our-organization
Bryant's Book Recommendation
Our Hidden Powers by the Baseload Capital team
https://www.baseloadcap.com/our-hidden-powers/
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Is Geothermal as exhaustive as the reports say? Can it power the future as a baseload energy source? Does America even produce any? What exactly is it? These are some questions you may be asking yourself when it comes to geothermal, and they are valid since historically geothermal hasn't been very good at engaging stakeholders outside of the industry. Today, we sit down and talk about the Geysers geothermal field, a 725 MWe field that is made up of over 13 power plants and 300 wells, so in short it is incredibly complex and is part of the US's leading 3.6 GW of geothermal production. In today's discussion, Rob Parker, VP of Operations at the Geysers talks about how geothermal has always been part of the energy mix and doesn't always get the love in future projections but believes there is a long future ahead for the Geysers and geothermal as an industry.
Rob Parker
https://www.linkedin.com/in/rob-parker-2290922/
Danielle Matthews Seperas
https://www.linkedin.com/in/danielle-matthews-seperas/
Peter So
https://www.linkedin.com/in/peter-so-2238587/
Calpine
https://www.calpine.com/operations/power-operations/our-locations/california/big-geysers
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
You may have heard of a Ground Source Heat pump in passing or maybe you even have one at your home. Well today we are going to be taking a deep dive into yes, Geothermal for heating and cooling, but an extremely innovative and new approach to making it more efficient and energy dense. Hailing from the real estate sector, Erika Salmenvaara jumped over to work in Geothermal as she saw firsthand the challenges of providing energy to real estate developments. Qheat is on a mission to provide sustainable, efficient power to real estate investments so that they can take advantage of the taxonomy in the EU, but also decarbonize and incentivize buyers. Grab your headphones, sit in your favorite chair or relax on your commute into work and soak in the knowledge Erika drops in this one.
Qheat
https://www.qheat.fi/
Erika Salmenvaara
https://www.linkedin.com/in/erika-salmenvaara-b7274b/
Erika's book recommendation
Thinking Fast and Slow by Daniel Kahneman
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
KS Orka is a leader in Geothermal production in Indonesia and on the forefront of innovating and delivering on the goals set to bring another 3 + GW of geothermal in the next decade. One way they are doing this is by phased development versus the traditional method. At the Sorak Marapi field there is a contract signed with the state-owned power company to deliver up to 240 MW but in order to improve economics and have flexibility, KS Orka is developing the field in five 45-50 MW phases. A truly fascinating discussion with a leader in the industry, Riza Pasikki CTO of KS Orka.
Riza Pasikki
https://www.linkedin.com/in/riza-pasikki-072b65150/
KS Orka
https://www.linkedin.com/company/ks-orka-renewables/
Book Recommendation
Loves his job! Malcolm Grant - Geothermal book
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
IRENA just hosted the second High Level Global Geothermal Alliance Conference in El Salvador, and it was quite the spectacle. Today's episode is just that, High Level as I sit down with El Salvador's Ambassador to the UK and Northern Ireland. El Salvador is leading in a lot of ways and this event was an amazing chance to bring together leadership from all over the world to talk about geothermal finance, challenges, and lessons learned. Experiencing Geothermal and making it a human connection is important for raising up the next generation of Geothermal leaders. Taking home, a bag of coffee that was roasted using Geothermal energy is an example of just that.
Vanessa Interiano
https://www.linkedin.com/in/vanessa-interiano-885126101/
Book Recommendation
The Little Prince by Antoine de Saint-Exupéry
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Sometimes we pay more for things even when there isn't much of a difference in benefit, but when it comes to reliable electricity there is a cost of paying less or having unreliable energy sources providing majority of the electrons. In comes Geothermal, a premium energy source that all stakeholders should be willing to pay a premium for. It gets slighted when compared to wind and solar on an LCOE basis as they are not apples to apples, it has poor messaging and ultimately is the dark horse in this race to net zero. It is clean, reliable, baseload always on, dispatchable and flexible power that can supplement wind and solar, act as a battery, make our grids more resilient and ultimately save all stakeholders from utilities to consumers money and clean up the air as we do it. Tune in to hear a little about GRC and what GreenFire is doing to bring this premium energy source to market.
Greenfire Energy
https://www.greenfireenergy.com/
John Muir
https://www.linkedin.com/in/john-r-muir-b00b082/
Andy Van Horn
https://www.linkedin.com/in/andy-van-horn-98158559/
Book Recommendations
Scale by Geoffery West and The Drunkard's walk by Leonard Mlodinow
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Impressions are important whether it is your first interview, first date, first day at a new job, or as a new company entering the market. In all of the scenarios above, one thing is the same across each; first impressions go a long way either good or bad. So wouldn't you work as hard as possible to make sure your message resonates with all stakeholders involved. For the Geothermal industry, although not a new industry is at a crucial turning point where messaging will be key in engaging potential customers, investors and maybe most importantly the community. I had the absolute pleasure of sitting down with Kristina Hagstrom-Ilievska, CMO for Baseload Capital and is honestly leading the way in this arena and doing some amazing things for the future of the industry.
Baseload Capital
https://baseloadcap.com/
Kristina Hagstrom-Ilievska
https://www.linkedin.com/in/kristinahagstr%C3%B6milievska/
Kristina's Book Recommendation
How to win friends and Influence People by Dale Carnegie
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
A geologist by training, Lucy Crane found her way into Geothermal almost by accident and now has an incredibly important role being the ESG & Sustainability manager for Cornish Lithium. The need for clean power and sustainable Lithium production for future EV demand is massive, but we need to ensure we have buy in from all stakeholders, establish proper governance and make sure the environment and community is better for it. A tall task indeed, but so very important as we navigate this energy transition and focus on transparency and truly creating a sustainable world. Cornish Lithium is a fascinating company, extracting Geothermal brines to use for direct heat and then extracting Lithium to use for domestic Lithium production sustainably.
Cornish Lithium
https://cornishlithium.com/
Lucy Crane
https://www.linkedin.com/in/lucy-crane-747a6854/
Lucy's Book Recommendation
Volt Rush
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
This week we get to chat with yet another amazing startup that is changing the energy landscape in the name of Geothermal. Transitional Energy is taking a Go Now approach and working to decarbonize the Oil and Gas industry and provide a distributed energy system. Salina, Ben and Johanna are leaning on their multiple decades of experience in the Oil and Gas industry to create a unique solution to change the energy landscape and make Geothermal a major part of energy mix.
Transitional Energy
https://transitionalenergy.us/
Book recommendations
Ben: Tom Wolf's The Right Stuff, Johanna: Good Strategy/Bad Strategy, Salina: Tiny Habits and Bill Bryson's At Home
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
This week's episode takes us to the West Coast where Geothermic is developing an innovative solution called GeoHeat which is a closed loop technology leveraging existing technologies and refining/improving them in order to harvest sustainable, reliable, always on heat. My conversation with Ghazal Izadi, Vice President of Reservoir Management and Market Strategy explores the Geothermal market from her experience at Baker Hughes to now on the forefront of developing an innovative solution to solve the world's energy needs.
Geothermic
https://www.geothermicsolution.com/about
Ghazal Izadi
https://www.linkedin.com/in/ghazal-izadi-ph-d-008a4a32/
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Colombia has ramped up the amount of renewable energy on the grid significantly over the past few years and is continuing to work diligently to create an environment ripe for developing increasing amounts of renewable energy projects. They have established protocols for Geothermal exploration and development in order to help encourage de-risking and execution of baseload power projects. Monica Gasca Rojas, advisor to the Minister of Energy and Mines in Colombia gives us an overview of their strategy and goals for the next 3-5 years for increasing the renewable energy generation on the grid.
Ministry of Energy and Mines Colombia
https://www.minenergia.gov.co/es/
Monica Gasca Rojas
https://www.linkedin.com/in/monica-gasca-rojas/
Monica's Book recommendation
Creativity Inc
JRG Energy
www.jrgenergy.com
GRC
https://grc2022.mygeoenergynow.org/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Energy access is key to creating a sustainable future, eliminating poverty and improving health. Kenya is at 80% of Kenyans having access to energy, mostly due to their incredible renewable energy production. Geothermal is playing a major role in making Africa a hotspot for learnings, innovation, economic development, sustainable development, better quality of life and so much more. Can Geothermal help Africa become a major economic hub for energy, green hydrogen and beyond? Come listen in to my conversation with Jesse Nyokabi, a Green Energy Pacesetter and ImPPPact Global Alliance Ambassador for Kenya as we talk about the Sustainable Development Goals and how Kenya is leading the way for Africa with regards to Geothermal.
ImPPPact Global Alliance
http://www.impppact.org/
Jesse Nyokabi
https://www.linkedin.com/in/jesse-nyokabi-en297/
Jesse's book recommendation
Beyond Entrepreneurship by Jim Collins
JRG Energy
www.jrgenergy.com
GRC
https://grc2022.mygeoenergynow.org/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Unity across the globe will be absolutely key in achieving our sustainable future. This is one of the main focuses of IRENA, to be a platform for international cooperation. They don't stop there. Advising on policy, creating tools for understanding global renewable energy, developing reports on the energy transition and tracking every renewable energy and technology are all within their repertoire. I had the pleasure to sit down with Jack Kiruja who is a Renewable Energy Analyst within IRENA focused on Geothermal and get some perspective on all that IRENA is doing to unite the globe to help us transition into our sustainable future. Spoiler: Geothermal is heating up.
IRENA
https://www.irena.org/aboutirena
Jack Kiruja
https://www.linkedin.com/in/jack-kiruja-907473a0/
Jack's book recommendation
The New Map by Daniel Yergin
JRG Energy
www.jrgenergy.com
GRC
https://grc2022.mygeoenergynow.org/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Resource extraction is one of the most complex ecosystems in the whole world. Even in an area with rich Geothermal potential it is not always a walk in the park to bring it to life and have electrons on the grid. Political, economic, cultural, financial, technical hurdles all can create roadblocks. There are many nuances in any energy system, but it can be done. I sit down with Max Wilmarth, Geoscience Manager with Jacobs to talk about some of the amazing projects Indonesia has developed, some of the nuances and just some of his experience on the ground with the people.
Jacobs
https://www.jacobs.com/
Max Wilmarth
https://www.linkedin.com/in/mwilmarth/
Max's book recommendation
Field work (Author unknown)
JRG Energy
www.jrgenergy.com
GRC
https://grc2022.mygeoenergynow.org/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
A bank helping with research, de-risking development, offering a technology incubator to promote innovation and providing funding? No way, not real. Well, actually the Inter-American Development Bank or IDB for short is active in the Central American and Caribbean regions. With their Vision 2025, they aim to target specific SDG's with the use of Geothermal, promote sustainable food production, provide funding to local SME's and create a space for innovation to lead to massive scale deployment of Geothermal in the region. Christiaan Gischler, Lead Energy Specialist at the IDB gives us a phenomenal overview of the amazing work happening at the IDB.
Inter-American Development Bank
https://www.iadb.org/en
Christiaan Gischler
https://www.linkedin.com/in/christiaan-gischler-792b2733/
Christiaan's Book recommendation
Homo Sapiens, Yuval Noah Harari
JRG Energy
www.jrgenergy.com
GRC
https://grc2022.mygeoenergynow.org/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Insurance is there to take risks that equity or debt can't or won't take. Often an overlooked form of financing, Insurance is somewhat of a backbone in a lot of arenas of life and can play the same role in Geothermal. It helps de-risk Geothermal development drilling, decreases the cost of capital, limits downsides for equity or debt investors and ultimately increases access to more capital. As Julian Richardson with Parhelion Underwriting put it, we are here to take on the low probability/high impact risks so that geothermal development can advance globally.
Parhelion Underwriting
https://www.linkedin.com/company/parhelion-underwriting-ltd/
https://parhelion.co.uk/
Julian Richardson
https://www.linkedin.com/in/julian-richardson-parhelion/
Julian's book recommendation
The Gold Finch by Donna Tartt
JRG Energy
www.jrgenergy.com
GRC
https://grc2022.mygeoenergynow.org/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Subsurface risks are pretty well known in Oil and Gas, even in sub salt regions or other exploration arenas where there are significant unknowns we invest and execute projects. So why is it that in Geothermal we don't apply a similar mindset? Why is Geothermal underfunded? Oil and Gas has brought access to energy, economic development and more to countries once thought of as non-existent in the global landscape. Today's chat with Pawl Victor of NOV dives into some of the similarities and differences between O&G and Geothermal and some of the main hurdles it faces.
NOV
https://www.linkedin.com/company/novglobal/
https://www.linkedin.com/showcase/nov-reedhycalog/
Pawl's Book recommendation
The Humas by Matt Haig
JRG Energy
www.jrgenergy.com
GRC
https://grc2022.mygeoenergynow.org/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Geothermal Sustainability Assessment Protocol. The newly created GSAP went on the road to Costa Rica for the inaugural training on the tool and it was a great success. On today's episode I sit down with Marit Brommer of the IGA, Joerg Hartmann the expert and Bernhardt from GIZ to debrief and talk about how we hope to see the GSAP used globally to establish best practices, ensure projects are sustainable in every aspect from social, governance, resource development and more.
GSAP
https://www.lovegeothermal.org/portfolio-item/geothermal-sustainability-assessment-protocol-gsap/
IGA
https://www.lovegeothermal.org/
GIZ
https://www.giz.de/en/workingwithgiz/58288.html
Marit Brommer
https://www.linkedin.com/in/marit-brommer-76a6b56/
Bernhardt
https://www.linkedin.com/in/c-bernhardt-johst-5a0843156/
Joerg Hartmann
https://www.linkedin.com/in/joerg-hartmann-58283576/
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
It was an absolute honor to be in person in Costa Rica for the inaugural Geothermal Sustainability Assessment Protocol training. It was simply amazing to see the work being done in the SICA region with Geothermal. They are already developing projects that will help set standards for future developments using the GSAP. I had the chance to sit down with the expert on Renewable Energy and Efficiency for SICA which covers all of Central America, Alexandra Arias and talk about why this tool is important for the Geothermal industry in this region.
SICA
https://www.linkedin.com/company/sgsica/
Alexandra Arias
https://www.linkedin.com/in/alexandra-arias-54072210a/
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Ready to get technical?? Well, you're in luck then because this week I sit down with John Gilliland, Director of Operations for JRG Energy and dive deep into the operations for geothermal power production. We discuss the similarities between Oil and Gas operations and Geothermal, as well as how they differ and some of the main challenges with extracting/maintaining production. While some of the main applications for Oil and Gas can be used for Geothermal operations, there are limitations along with challenges such as high pressures and temperatures that don't allow for traditional logging, drilling etc. JRG is in the business of bringing oil and gas expertise into geothermal to help sustain geothermal production in cost effective and innovative ways.
JRG Energy
www.jrgenergy.com
John Gilliland
https://www.linkedin.com/in/john-gilliland-jrgenergy/
John's Book recommendation
The Centurion Series
GRC 22
https://grc2022.mygeoenergynow.org/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Eavor doesn't see their solution to Geothermal as just a well design, but as a product that can be made to order based on the energy demand of their customer. A big reason why Geothermal hasn't grown at the pace that other renewables have is due to a myriad of reasons, but one in particular, Geographical location has hindered the worldwide deployment of Geothermal. Eavor aims to use their Eavor loop technology to help scale Geothermal and reduce costs down to 0.05 cents/kwh to be competitive with other renewable energy sources.
Eavor
https://www.linkedin.com/company/eavor/
https://www.eavor.com/
Christian Besoiu
https://www.linkedin.com/in/christian-besoiu/
Christian's Book recommendation
The Beginning of Infinity by David Deutsch
JRG Energy
www.jrgenergy.com
GRC
https://grc2022.mygeoenergynow.org/registration
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
One of the most unique and innovative companies in my opinion in the Geothermal space is Baseload Capital, initially started as a venture to help finance Geothermal projects, but ended up financing and developing projects around the world. Their process involves working collaboratively with subsidiaries to deploy geothermal power plants worldwide. Baseload then takes care of market research to strategically pick markets, and provides technology knowledge to aid in development. I sit down with Alexander Helling, CEO of Baseload Capital to talk about their projects and how their model is one I believe should be replicated and used to help scale Geothermal.
Baseload Capital
https://baseloadcap.com/how-we-work/
https://www.linkedin.com/company/baseload-cap/
Alexander Helling
https://www.linkedin.com/in/alexander-helling-177140a/
Alexander's Book recommendation
Smartest Guys in the Room by Bethany McLean
Ride of a Lifetime
GRC
https://grc2022.mygeoenergynow.org/
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Do you know what Geothermal is? What can it do for you? Is it worth learning about? Why is it an important source of energy? Why is relatively unknown? I sit down with Will Pettitt, the Executive Director of Geothermal Rising to talk about their rebranding, lobbying efforts, their staple conference event and really just the importance of educating the public on Geothermal. Professionalizing and promoting Geothermal is essential in creating best practices, policy structures, and advancing innovation that will ultimately help Geothermal scale exponentially.
Will Pettitt
https://www.linkedin.com/in/will-pettitt-63baa833/
Geothermal Rising
https://geothermal.org/our-organization/mission
GRC 2022
https://grc2022.mygeoenergynow.org/
Will's Book recommendation
Lord of the Rings
JRG Energy
www.jrgenergy.com
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
In the heart of the Alberta Oil patch is a geothermal project aimed at exploiting the hot fluids at around 12,000 ft and bringing them to the surface to provide clean, dispatchable, flexible baseload power to the grid. Why in the middle of the Oil patch? There are some benefits such as the vast amount of temperature data readily available due to the sheer volume of wells, but there is also competition in the form of cheap natural gas and electricity. This is a conversation you will not want to miss as I sit down with Catherine Hickson, CEO of the Alberta No. 1 project to talk about the frontier work, legislation, financing, economics, challenges and so much more.
Alberta No. 1
https://www.albertano1.ca/about
Catherine Hickson Book recommendation
The history of Dog Creek
GRC
https://grc2022.mygeoenergynow.org/
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Nick sits down with Joseph Scherer, President and CEO of GreenFire Energy a leading developer of AGS or closed loop Geothermal systems. They have been in the news recently with some exciting announcements regarding funding from Baker Hughes, H&P and Vallourec. Their solution is positioned to really target a variety of markets and make significant breakthroughs for Geothermal as an industry. They have patented a closed loop technology called GreenLoop, proved Super Critical CO2 can create a thermosiphon downhole and eliminate parasitic loads, increasing energy output in a well that was shut in due to high NCG's. They are actively harvesting the "Heat Beneath our Feet!"
GreenFire
https://www.linkedin.com/company/greenfire-energy/
https://www.greenfireenergy.com/
Joseph Scherer
https://www.linkedin.com/in/joseph-scherer-2826b5/
Joseph's Book recommendation
The Coddling of the American Mind by Jonathan Haidt
GRC 2022
https://grc2022.mygeoenergynow.org/#
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Solving the problem of commercial, residential and industrial heating and cooling emissions globally will undoubtedly be a huge key to our net zero and low carbon future. One of the most efficient options that is a clean energy source is in fact geothermal ground source heat pumps. They simply rely on the ambient temperature of the Earth at shallow depths and a heat exchanger to heat and cool infrastructure from residential homes to large industrial operations. What a fascinating interview this week with Jay Egg of Egg Geo, who solved a simple problem at his home back in the 80's using ground coupled geothermal which led to the founding of what is today a worldwide leader in designing and engineering for geothermal ground source heat pumps.
Egg Geo
https://www.linkedin.com/company/egg-systems-inc/
Jay Egg
https://www.linkedin.com/in/egggeothermalairconditioning/
Jay's book recommendation
CS Lewis series, Screwtape letters & Geothermal HVAC green heating and cooling
JRG Energy
www.jrgenergy.com
GRC 2022
https://grc2022.mygeoenergynow.org/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
The newly formed TXGEA trade association aims at educating the public and legislators and advocating for Geothermal to be included in policy and the electric grid. Matt Welch and Barry Smitherman are looking to change the perception of this amazing resource and simply get it a seat at the table and really do what Texas has done for many decades, which is to be a leader in the energy space. Can Texas be a leader in the US for getting Geothermal, a baseload, flexible, dispatchable and sustainable resource to be a cost competitive option for major metropolitan areas?
TXGEA
https://txgea.com/
Matt Welch
https://www.linkedin.com/in/mattwelchtx/
Barry Smitherman
https://www.linkedin.com/in/barry-smitherman-40375a63/
Matt and Barry's book recommendations
Unsettled - Steve Koonin, The Prize by Daniel Yergin
Geothermal Rising Conference
https://grc2022.mygeoenergynow.org/#
JRG Energy
www.jrgenergy.com
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Geothermal is not a new resource, it has been around for many decades and has been successfully harnessed in many places around the world. So why is it that there still are growing pains and just a general lack of awareness of just how vast this resource truly is? Well, Andy Blair and I talk about that among other things and how New Zealand can provide learnings for other areas of the world with a geothermal resource whether nascent in nature or mature. We also talk about the importance of a diverse workplace and how the Geothermal community is working to be a leader in this space today and for the future.
Upflow
https://www.upflow.nz/
Andy Blair
https://www.linkedin.com/in/andrea-andy-blair-97a5b913/
Andy's Book recommendation
Ministry for the Future by Kim Stanley Robinson
WING
https://www.linkedin.com/in/wing-global-80a710205/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
JRG Energy
https://www.jrgenergy.com/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Recently Patterson-UTI made a strategic investment in Criterion Energy Partners to help them deliver high capacity - clean - renewable - baseload power to commercial and industrial consumers by making geothermal energy commercially viable around the world. I sit down with Bridget Silva, Head of Business Development with Criterion to discuss what makes their team unique, their road map, how they envision developing technology and eliminating risk in a pragmatic way to eventually lead to a lower cost of energy.
Criterion Energy Partners
https://www.criterionep.com/
https://www.linkedin.com/company/criterionenergypartners/
Bridget Silva
https://www.linkedin.com/in/bridget-silva-270b901/
Bridget's Book recommendation
The One Thing by Gary Keller
JRG Energy
https://www.jrgenergy.com/
Geothermal Rising Conference
https://grc2022.mygeoenergynow.org/
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
CORE Knowledge
https://www.linkedin.com/company/75072170/admin/
Geothermal and missile testing sites located in the same place? Yes, you are reading that correctly. The US Navy has a base, Naval Air Weapons Station China Lake Station that is located within the Coso Geothermal field in Ridgecrest California. They own the mineral rights on the land where the power is produced which allows them to fund their office that focuses on management and oversight. They do all things from safety and operations to exploration. The DOD has a large footprint in the US and globally which allows them to play a part in the solution with Geothermal energy and power their critical infrastructure with clean baseload power.
US Navy
https://www.linkedin.com/company/us-navy/
Kelly Blake
https://www.linkedin.com/in/kelly-blake-7595a126/
Kelly's book recommendation
Assembling California & Cadillac Desert
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Geothermal Rising Conference
https://grc2022.mygeoenergynow.org/#
JRG Energy
https://www.jrgenergy.com/
This week's episode dives into the realm of financing the Geothermal decade and how it can happen, what is holding it back and some key things to consider when pitching to investors. I sit down with Magnus Brandberg, partner at Gullspang Invest and Chairman of Baseload Capital to discuss his background and experience with the genesis of Baseload capital as a financing and development company and as a venture capitalist investor. His main points are that we cannot confuse uncertainty with risk and have to be patient with investing in Geothermal. You can't change the energy economy overnight and technology takes time, so don't bet more than you can lose, but don't be afraid to lose.
Gullspang Invest
https://www.linkedin.com/company/gullspangvc/
Magnus Brandberg
https://www.linkedin.com/in/magnusbrandberg/
Baseload Capital
https://www.linkedin.com/company/baseload-cap/
Magnus's book recommendation
The Daily Stoic by Ryan Holiday & Alfred Nobel by Ingrid Carlberg
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Geothermal Rising Conference 2022
https://grc2022.mygeoenergynow.org/
Geothermal is not new and companies such as Baker Hughes have been involved with it for decades, but there is a revived purpose in Baker Hughes's mission and it is to help make Geothermal everywhere a reality (among many other technologies). They are working to usher in this "Golden Decade" of Geothermal leaning on the past 40 years of work. Taylor Mattie, the Geothermal Innovations leader at Baker Hughes sits down with me to talk about the overall industry, why today is different, the hope for the future and how Baker is taking a pragmatic view on how to help advance Geothermal.
Baker Hughes
https://www.bakerhughes.com/
https://www.linkedin.com/company/bakerhughes/
Taylor Mattie
https://www.linkedin.com/in/taylor-mattie/
Taylor's book recommendation
Malcolm Gladwell - Outliers
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Francis Wedin, Managing Director of Vulcan Energy Resources sat down with me to talk about their plans to develop net zero lithium from Geothermal brines. Such an exciting space for the geothermal industry and one that has massive implications as we move into this next generation where the demand for Lithium Carbonate equivalent will rise by over 14 times. Another way in which Geothermal can help be a solution for the net zero future.
Vulcan Energy Resources
https://v-er.eu/
Francis Wedin
https://www.linkedin.com/in/franciswedin/
Francis's book recommendation
Feral by George Monbiot
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Every Industry needs a global representation and voice that brings together all voices and enagages external stakeholders to help professionalize and promote the respective industry. That is exactly what the International Geothermal Association does for the global Geothermal sector. Marit Brommer, the Executive Director and I sit down to talk about all that the IGA is doing and of course how we can help get Geothermal more broadly introduced into legislation and attract more funding to help evaluate various pilot projects in a standardized way.
International Geothermal Association
https://www.lovegeothermal.org/
Marit Brommer
https://www.linkedin.com/in/marit-brommer-76a6b56/
Marit's Book Recommendation
Author - Paolo Cognetti
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Waste heat and Geothermal make up an incredible resource that is for the most part underutilized. We must tap this energy source in order to provide flexible, baseload sustainable energy for the future. Climeon has developed a Heat Power system aimed to provide a flexible, modular approach to geothermal development. The unit uses patented technology similar to that of an ORC in order to utilize low temperature waters to generate electricity and can be scaled from 150 kw on up. This could be key in advancing geothermal and implementing pilots quicker. It was a very informative conversation with Veronica Wanman, the Global Head of Geothermal learning about Climeon's Heat Power Systems.
Climeon
https://www.linkedin.com/company/climeon-ab/
https://climeon.com/how-it-works/
Veronica Wanman
https://www.linkedin.com/in/veronica-w%C3%A4nman-7901512/
TED Talks by Chris Anderson and How to Talk like TED by Carmine Gallo
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
The CPUC recently put out an interim order that by 2026 they want to put an additional 1000 MW of long lead, high capacity factor renewable electricity generation on the grid. On top of that, they also issued their preferred system plan which states that after 2026 they are still looking for an additional GW of generation. A great development for the Geothermal industry, but the question is...can we do it? Bring 1000MW online in 4 years?! The potential is there and the go get it attitude is there industry wide but many hurdles still remain including but not limited to is the permitting process (specifically NEPA) on federal lands. Come on and join in on this phenomenal conversation with Paul Thomsen, Vice President of Business Development for Ormat Technologies on these two topics and many more.
Ormat Technologies
https://www.ormat.com/en/home/a/main/
Paul Thomsen
https://www.linkedin.com/in/paulthomsen1/
Geothermal Rising
https://geothermal.org/
Paul's Book Recommendation
Hail Mary by Andy Weir
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Little g as some would say is the geothermal heating and cooling space or direct use as some would refer to it is a major piece of how Geothermal will scale and go global. Heating and cooling account for up to 40% of GHG emissions globally so providing low carbon heating and cooling residentially and commercially is a huge market ripe for opportunity. Dandelion is taking advantage of this and the large market of the Northeastern US where they use shallow low temperature geothermal to heat and cool residential communities. This model is one that can be replicated anywhere on earth for the most part and can be a big piece of the Geothermal everywhere becoming a reality. Hear more on how Dandelion is decarbonizing the heating and cooling space with geothermal heat pumps. Thank you Michael Sachse.
Dandelion Energy
https://www.linkedin.com/company/dandelion-geothermal/
Michael Sachse
https://www.linkedin.com/in/michael-sachse/
Michael's Book rec
The WEIRDest people in the World by Joseph Henrich
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
This week is no different, we have another fantastic conversation in store for the CORE Knowledge fam! So excited to sit down with Mr. Geothermal himself; Alexander Richter and talk about the Genesis of ThinkGeoEnergy and how he became an accidental Entrepreneur and Journalist. ThinkGeoEnergy is the leading news and media agency for the Geothermal industry across the globe. While he spends time with his team keeping everyone up to date with the latest Geothermal news, he also is the Managing Director for the Iceland Renewable Energy Cluster and Iceland Geothermal. Sit back and just soak in the knowledge that is imparted in this conversation.
ThinkGeoEnergy
https://www.linkedin.com/company/thinkgeoenergy/
Iceland Renewable Energy Cluster and Iceland Geothermal
https://www.linkedin.com/company/energycluster/
Alexander Richter
https://www.linkedin.com/in/lxrichter/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
This week, I sit down with Lisa Mueller of FutEra Power and talk about the spaghetti noodle career path that has led her to helping solve the issue of delivering low to no carbon energy. Leaning on her passion for writing and engineering she is helping bridge the gap around energy literacy and helping people understand how we get off the diet we are currently on and demand cleaner/greener outcomes. FutEra is developing the first geothermal coproduced power plant in Canada and Alberta that will be on grid by Q2 of 2022.
FutEra Power
https://www.linkedin.com/company/futera-power-corp/
Lisa Mueller
https://www.linkedin.com/in/lisa-mueller-calgary/
Lisa's Book Recommendation
Good to Great by Jim Collins
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
This week we sit down with Hande Sile of Kurita Europe GmbH to talk about proper maintenance of your Geothermal project to ensure that you are getting the most heat and power out of your system while not causing damage to your wellbore and facilities. Longevity of your field is vital in terms of maximizing the heat and power you can extract and revenues that you can generate while also lowering your operating costs.
Kurita Europe GmbH
https://www.linkedin.com/company/kurita/
Kurita Europe GmbH
https://www.kurita.eu/en/geothermal?&utm_source=core_knowledge&utm_medium=podcast&utm_campaign=geothermal&utm_content=geothermal
Hande Sile
https://www.linkedin.com/in/hande-sile-5536a8108/
Hande's webpage recommendation
https://theconversation.com/us
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Faced with a decision between water or energy, Ann Robertson-Tait chose to pursue Geothermal which is right at the Nexus of these two. Followed up this choice by heading off to New Zealand in order to learn more about the ins and outs of how Geothermal projects develop and operate. Looking back on her time with GeothermEx, Ann reflects on just how thankful she is for making the choice to pursue Geothermal. Every year she sees hundreds of different resources all around the world and gets to be right in the middle of all the new innovations, developments and advancement of as she says the lost renewable.
GeothermEx
https://www.linkedin.com/company/geothermex-inc-a-schlumberger-company/
Ann Robertson-Tait
https://www.linkedin.com/in/ann-robertson-tait-32758b21/
Ann's author recommendations
Jean Le Carre and Henning Mankell
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick's profile
https://www.linkedin.com/in/nick-cestari-48059268/
In today's episode of the CORE Knowledge podcast we sit down with Mark McClure, CEO of ResFrac Corporation and discuss their unique software solution that offers a combined hyrdaulic fracture and reservoir simulation. Understanding heat flow, maximizing heat recovery while not drawing down the reservoir too quickly, fracture propagation and correct spacing of wells are key to a successful geothermal project. ResFrac works to simulate all of this so that you can move forward with execution on a project fully understanding the variables and potential outcomes.
ResFrac Corporation
https://www.linkedin.com/company/resfraccorporation/
ResFrac
https://www.resfrac.com/
Mark McClure's profile
https://www.linkedin.com/in/mark-mcclure-44353615/
Mark's Book Recommendation
shorturl.at/cmrGS
Nick's Profile
https://www.linkedin.com/in/nick-cestari-48059268/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
NOV has been a leader in developing subsurface equipment and technologies as well as offering expertise to help solve some of the most complex problems in the oil and gas industry. On this weeks episode, I sit down with Assaad Mohanna, the Sr. Director of Low Carbon Solutions at NOV to discuss how NOV is pivoting and using that very expertise to help solve a new set of problems. This time around, it is solving for the low carbon solution. They are focused on re-evaluating the market demands and needs in order to best address the issues facing Geothermal development. It is time to re-purpose and re-deploy some existing technologies to help bring Geothermal to the TW scale.
NOV - Geothermal
https://www.nov.com/products-and-services/capabilities/geothermal-solutions
Assaad Mohanna
https://www.linkedin.com/in/assaadmohanna/
Assaad's Book recommendation
shorturl.at/gvL17
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick's Profile
https://www.linkedin.com/in/nick-cestari-48059268/
Things are heating up in Europe currently, whether it be pressures for companies to lower their carbon footprint, gas prices rising to seemingly no end or the pressures to meet the global 1.5 degree C mark by mid century. However, the one HOT topic that deserves to be getting more attention is Geothermal! Well, as of late it is becoming more and more a part of the future equation in Europe. Recently the EU released a Renewable Energy Directive for 2030 and an important piece for the Geothermal industry is the Article 23 which states that all member states have to increase their proportion of renewable heat by 1.3 percentage points each year up to 2030. This is exactly what the team at CausewayGT is focused on, bringing geothermal heat to market by way of direct use. It was great talking with Simon Todd, Managing Director and Chief Technologist of CausewayGT and how they plan to be a major player in the heat market across Europe.
CausewayGT
https://www.linkedin.com/company/causewaygt/
Simon Todd
https://www.linkedin.com/in/simontodd64/
https://www.amazon.com/Modern-Geothermal-Engineering-Control-Applications/dp/0071792686/ref=pd_lpo_1?pd_rd_i=0071792686&psc=1
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
"Innovation in action." That is how Kirsten Marcia, the President and CEO of Deep Earth Energy Production describes what the team at DEEP is doing with their newly commissioned 20-32 MW Geothermal Project in the province of Saskatchewan. Leaning on the decades of Oil and Gas experience that shaped the region, they are deploying horizontal drilling technologies to access medium enthalpy geothermal brines. This project is set to catalyze change in the power, agricultural, food processing and job sectors with flexible, dispatchable power plants. They are even looking at working hand in hand with the nearby Oil and Gas operators to take the excess flare gas and use it to power the pumps at their Geothermal operation to further green up a green energy source. This symbiotic relationship is key to the energy transition/diversification and reaching our net zero goals.
Kirsten Marcia
https://www.linkedin.com/in/kirsten-marcia-7b491922/
DEEP
https://www.linkedin.com/company/deep-earth-energy-production-corp/
Kirsten's Book recommendation
shorturl.at/epCI6
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
"Study the past if you would define the future." -Confucius
This is exactly how we unlock the immense resource that is Geothermal. The Oil Field Services space has been developing cutting edge technologies for over a century that have allowed for increasing access to newer and bigger hydrocarbon resources. This problem solving mindset is exactly how we continue to innovate and catalyze the movement to cleaner and more sustainable resource production. Listen in to Guillermo and I's conversation where we discuss Geothermal's immense potential to solve crucial clean energy goals, how Nabors is getting involved both by supplying capital and leading innovations to extract more heat deeper and hotter at competitive costs. Here is to generations of knowledge leading to a massive breakthrough in reliable, clean, baseload Geothermal power.
Guillermo Sierra
https://www.linkedin.com/in/guillermo-sierra-5864964/
Nabors Industries
https://www.linkedin.com/company/nabors-industries/
https://www.nabors.com/
Guillermo's book recommendation
shorturl.at/dtzBP
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
Welcome back to another episode of the CORE Knowledge Podcast and boy is today a good one!
I got to sit down with the CEO and Co-Founder of GeoSilica, Fida Abu Libdeh and discuss how a passion and drive has led to a groundbreaking technology development and game changing supplement company. Fida and the team at GeoSilica are solving a major problem with Geothermal plants by removing the silica from the brine waters and purifying it down to food grade quality resulting in a supplement that renews the body from within. The product was such a hit that Fida doesn't even have the first bottle produced because they had to sell it, and now their product line consists of 5 amazing supplements. This episode gets to the heart of this show and I applaud Fida for the work her and the team are doing. Geothermal energy is CORE to the energy future but offers so much more beyond electricity.
GeoSilica Website
https://geosilica.com/pages/about-geosilica
Fida Abu Libdeh
https://www.linkedin.com/in/fidaabulibdeh/
Fida's Book Recommendation
shorturl.at/ekHIT
CORE Knowledge
https://www.linkedin.com/company/core-geothermal
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
"Energy Beyond Power" - Kalahari Geoenergy is set on making an impact in Zambia and beyond with their dispatchable and sustainable geothermal power with cascading energy applications. Join Peter and I as we dive into the many applications for Geothermal beyond the grid and how it can be part of erasing energy poverty and restoring local communities. A theme on this podcast is how we can lean on skills and experiences from subsurface industries like oil and gas and this episode is no different. Peter talks about how his extensive experience in the mining industry helped prepare him for working complex subsurface issues in the geothermal. The Bweengwa River project is the latest development and has shown great promise with an initial indicated resource of at least 10MW.
Peter Vivian-Neal's profile
https://www.linkedin.com/in/peter-vivian-neal-64102473/
Kalahari Geoenergy Ltd
https://www.linkedin.com/company/kalahari-geoenergy-ltd/
Peter's Book recommendation
https://rb.gy/yqy2zi
Danny and I spend some time discussing his extensive background in oil and gas and how that led him across the globe to work many different projects and gain experience that brought him here today. Why Geothermal? Danny felt that his skills and passions along with the desire for making an impact called him to jump full fledged into working to make Geothermal commonplace. A key piece of our conversation is that we need to lean on the learnings from oil and gas in order to scale Geothermal economically. Come along for yet another conversation in which we shed light on the amazing resource that Geothermal is and how advancing Geothermal is key in getting to our net zero targets.
Danny Rehg's profile
https://www.linkedin.com/in/dannyrehg/
Criterion Energy Partners
https://www.linkedin.com/company/criterionenergypartners/
Danny's Book Recommendation
https://www.amazon.com/Building-StoryBrand-Clarify-Message-Customers/dp/0718033329
CORE Knowledge
https://www.linkedin.com/company/75072170/admin/
Nick's profile
https://www.linkedin.com/in/nick-cestari-48059268/
"EarthBridge was born out of necessity, happy circumstances and a whole lot of determination." Derek and his team are 100% focused on solving problems, breaking barriers down and bringing Geothermal to the world. EarthBridge is looking into the vast resources of sedimentary Geothermal and into putting smaller dispatchable Organic Rankine Cycle power plants to make Geothermal more felxible. Come long and listen in as Derek and I talk about the journey he is on with EarthBridge Energy and how they plan on making a difference in the energy industry and scaling Geothermal!
Derek Adams Profile
https://www.linkedin.com/in/derek-d-adams/
EarthBridge Energy
https://www.linkedin.com/company/earthbridgeenergy/
Derek's Book Recommendation
https://www.amazon.com/Dune-Frank-Herbert-ebook
Innovation has been the name of the game in directional drilling especially with the dawn of the US Shale revolution with the likes of MWD, LWD and many other tools and technologies. What if I told you that there is a new MWD coming on the scene? Well that is exactly what Carlos and I talk about in today’s episode, the idea of “Melting while Drilling” using millimeter waves to essentially vaporize the rock enabling us to access Super Hot Rock with temperatures exceeding 250 degrees C. Quaise is on to something big and it was honor to talk with Carlos and hear about the vision and goals him and his team have for the next decade.
Quaise energy
https://www.linkedin.com/company/quaise/about/
Carlos Araque
https://www.linkedin.com/in/carlos-araque-458541138/
Carlos's book/author recommendation
Vaclav Smil and Issac Asimov
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/
CORE Knowledge
https://www.linkedin.com/company/75072170/admin/
John and I get down to the nitty gritty and go full geologist nerd on this episode, but hopefully it will serve as unique view into the “behind the scenes” of Geothermal systems. Leveraging our understanding of sedimentary basins in which we have been exploring for hydrocarbons for decades will be key in the push to make Geothermal a global baseload energy source. As John and I discuss, there is a wealth of subsurface knowledge in the world and we just need to leverage that to look for heat in this case. There are hurdles that Geothermal faces but starting with direct use is a way that we can start today with decarbonizing the industrial and commercial heating space. One of the things John is most excited about or as he calls it the “Dreamer” idea is to have a thermal battery where we couple solar and geothermal so we can store the excess energy downhole and bring it back up when we actually need. Efficiency of energy production is huge and having a way to predict electricity production is something that will create a more sustainable grid. We couldn’t not talk about the snowpocalypse that hit Texas this past winter and how having a more diverse grid with baseload options apart from natural gas is beneficial moving forward. All in all this was another fascinating conversation where we highlight the challenges and benefits of Geothermal, but not without some puns and cheesy jokes that geologists love!
CeraPhi is one of the companies that is working tirelessly to advance Geothermal as a sustainable energy source for the future and believes that it has the potential to decarbonize not only the electric sector, but the industrial and commercial heating sectors which account for majority of the GHG emissions. They are developing patented approaches to closed loop technologies, which will implement heat exchanger technologies downhole to increase efficiencies and power output. Andy and I discussed the renewed interest in Geothermal and the revived push to make it a global energy source, talked about the landscape as it stands and how to work collaboratively between all of the energy sector to help advance it and discussed CeraPhi's model and how it differs from some of the others out there and their goals for the long term.
CeraPhi Energy
https://www.linkedin.com/company/ceraphi-energy/about/
http://www.ceraphi.com/
Andy Wood - Subsurface manager
https://www.linkedin.com/in/subsurfaceoperationsdirector/
How does breakthrough happen? Perserverance and belief are key ingredients. The team at Sage Geosystems in on the forefront of working towards a massive breakthrough in Geothermal energy. With their combined 150+ years of experience in Oil and Gas they bring a problem solving mindset and one that doesn't settle for a no into the Geothermal industry poised to overcome the hurdles it has faced for many years. In order for Geothermal to truly become a TW energy source and be globally available companies like Sage will be key by taking risks and learning on the way to becoming more and more efficient. This is no different than the unconventional business in Oil and Gas in which Cindy is intimately familair with from her time at Shell where nobody would've thought drilling a 3 mile horizontal well in a 20 foot pay interval could be done, but now is commonplace. Cindy and I discuss their recent announcement regarding a feasibility test for providing geothermal power for Ellington Field, their closed loop technology and their work with the Southwest Research Institute on using supercritical CO2 as a working fluid to increase the output efficiency of the turbines.
Sage Geosystems
https://www.linkedin.com/company/sage-geosystems/
Cindy Taff
https://www.linkedin.com/in/cindy-d-taff-53b77a57/#
We continue our journey to bringing awareness to the heat beneath our feet in order to power the future with a very fascinating conversation with Matt Uddenberg, the Vice President of Operations. AltaRock is up to some amazing work and one thing in particular that we touch on in this episode is the ability to access SHR (Super Hot Rock) in order to increase our efficiencies with power generation. Being able to access temperatures in the 4-500 degree Celsius range is key in the advancement of Geothermal as a baseload energy source as it offers up to 5 times as much energy production per well. Increasing energy output thus increasing plant efficiencies is a crucial piece in bringing Geothermal down the cost curve.
https://energy.mit.edu/wp-content/uploads/2006/11/MITEI-The-Future-of-Geothermal-Energy.pdf
2006 MIT study on The Future of Geothermal Energy
https://www.linkedin.com/company/altarock-energy/about/
AltaRock LinkedIn
https://www.linkedin.com/in/matt-uddenberg-pg-39a4158b/
Matt Uddenberg LinkedIn
The first episode of The CORE Knowledge Podcast is finally here and we kick things of with a sense of urgency. Steve and I discuss how if you want something to be a reality tomorrow then you have to start working it today. The future of energy won't wait so let's tackle the challenges today. Hephae Energy technology leans on a wealth of knoweldge and experience developing downhole technologies at the highest level in order to create a breakthrough downhole assembly for the Geothermal industry. To follow along with their journey to commercial production click the links below.
https://www.linkedin.com/company/hephae-energy-technology/
https://www.linkedin.com/in/stevekrase/
Welcome to CORE Knowledge Podcast with host Nick Cestari. In this episode, Nick gives a preview of what to expect in this exciting new show focused on an old, but newly revived energy source; Geothermal.
CORE Knowledge LinkedIn
https://www.linkedin.com/company/core-geothermal/?viewAsMember=true
Nick Cestari
https://www.linkedin.com/in/nick-cestari-48059268/