S3E18 - Say ‘Guten Tag!’ to This New Kind of Geothermal Tech

Over the past decade, the oil and gas industry has sharpened its drilling skills, extracting fossil fuels at greater depths — and with more precision — than ever before. What if there was a way to tap those advances to generate zero-carbon energy?

The Canadian company Eavor (pronounced “ever”) says it can do so. Its closed-loop geothermal system is already producing heat at competitive prices in Europe, and it says it will soon be able to drill deep enough to fuel the electricity system, too. It just opened a first-of-its-kind demonstration facility in Germany, which is successfully heating and powe...