first published week of: 02/06/2023
Canadian company Eavor Inc. has designed a new closed-loop system to tap geothermal energy in deep-underground hot-rock formations.
Canadian company Eavor Inc. drilled an 18,000-foot well bore this past fall in southwest New Mexico to prove it could hammer its way through deep-underground, hard-granite rock to reach previously untapped geothermal energy.
Eavor’s well now stands as the deepest hole ever drilled in New Mexico, successfully demonstrating that the company’s new technology can potentially crack open access to vast subsurface hot-rock formations that offer massive amounts of clean, renewable energy.
Eavor’s success is just the latest achievement in what could soon become a global renaissance in geothermal development that’s got both industry experts and public officials hyped about the potential for unleashing a virtually unlimited source of clean energy for electric generation, and for heating and cooling of homes and buildings.
Read full story at Albuquerque Journal…