[micro2588]

I think as a tech demonstration project it was successful because they were a bit conservative in some ways that will make the economics look worse. I agree it's far from "geothermal everywhere" which seems to be the hype. You can't extrapolate that from one successful EGS well literally right next to an existing geothermal power plant.

[caminante]

> they were a bit conservative in some ways that will make the economics look worse

Or they simply ran into headwinds on a speculative project. I'll "take the under" when your PR is cagey about basic project attributes.

[micro2588]

They do a good job of publishing their results in technical industry publications (advancing the field overall in a surprisingly open way) but I agree can be misleading in their marketing.

It will be interesting to see the results of the Cape project once they do multi-well laterals from a single pad power plant with larger diameter wells. That is really more a demonstration of power plant economics beyond the technical feasibility of creating a horizontally fracked reservoir that can be operated for a year.

[caminante]

Ah!

Cape Station does look much more significant. [0] 400MW of power plant capacity with 2028 COD and mostly contracted with SoCal Edison? Good job.

[0] https://www.utilitydive.com/news/cape-station-enhanced-geoth...