Project Red: A new lease of life for geothermal energy in the United States

Project Red uses advanced techniques to harness the earth's heat, bringing clean, continuous geothermal energy to Nevada.
Projet Red géothermie

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Project Red, a geothermal installation in the Nevada desert, is breaking new ground by pumping water thousands of feet underground, harnessing the heat of the rocks to generate electricity. Since last November, this carbon-free energy has been integrated into the local power grid, marking a significant step forward for geothermal technology.

Technology and challenges

Historically, the exploitation of geothermal energy has been confined to volcanic regions such as Iceland. However, thanks to technical advances borrowed from oil and gas extraction, new-generation geothermal systems like Project Red are overcoming costly and complex challenges, such as the risk of triggering earthquakes.

Advantages of continuous geothermal energy

Geothermal energy offers a reliable alternative to intermittent sources such as solar and wind power. It could play a crucial role in the transition to a fossil fuel-free energy system, offering a continuous and stable source of energy.

The transformative potential of EGS

Enhanced Geothermal Systems (EGS) represent a major innovation for harnessing the earth’s heat under less ideal geological conditions. Advanced drilling and fracturing techniques have reduced costs and increased efficiency, paving the way for wider adoption of this technology.

A turning point for the geothermal sector

With new initiatives and funding, such as the $60 million allocated by the U.S. Department of Energy for demonstration projects, the geothermal sector could see its installed capacity in the U.S. reach 60 gigawatts by 2050, significantly transforming the American energy landscape.

Project Red illustrates the renewed interest in geothermal energy, with promising advances that could make this clean energy source a central pillar of the global energy transition.

Ignis Energy closes its $13.6mn Series A funding round, gathering international players to finance geothermal projects in the United States and Türkiye, now entering the technical maturity phase.
Austrian oil group OMV announces a seismic campaign starting in December 2025 in the Graz region, aiming to identify potential deep geothermal reservoirs suitable for local energy production.
Saint-Nazaire Agglo and Dalkia officially sign a Public Service Delegation contract for a 37-kilometre urban heating network, primarily fuelled by thermal recovery and local biomass, operational from 2030.
Unit 2 of the Lumut Balai geothermal plant, with a capacity of 55 MW, has successfully synchronized to the Indonesian national grid, paving the way for full commercial operation scheduled by the end of June 2025.
A new report states that the US state could reach 163 GW of geothermal capacity through a set of public measures and expertise drawn from its oil sector.
Eavor Technologies secures an additional CA$138mn from the Canada Growth Fund for its geothermal project in Germany, reinforcing its operational base in Canada.
Project InnerSpace and Indonesia's IESR join forces to accelerate national geothermal development, estimated at 3,000 GW, with a strategic report expected in the autumn.
Advances in enhanced and closed-loop geothermal systems are drawing growing interest from governments and tech giants, despite critical cost reductions still needed for competitiveness.
Enertech Global will supply heat pumps for a 1,500-home project in partnership with Dandelion Energy, marking one of the largest residential geothermal deployments ever undertaken in the United States.
Google signs a power purchase agreement with Baseload Capital to develop 10 MW of geothermal energy in Taiwan, doubling the country’s current commercial geothermal capacity.
Zero Industrial secures a $10 mn Series A funding round led by Evok Innovations to develop thermal storage projects for industrial sites in North America.
Syntholene Energy Corp has secured a 20-megawatt geothermal resource to support the world's first geothermal-powered synthetic sustainable aviation fuel (eSAF) production facility.
Thomassen Amcot Holdings LLC has completed the acquisition of a 160 MW steam turbine generator from TC Energy. The equipment, currently stored in Canada, could be redeployed to the United States to meet the energy needs of certain markets.
The cities of Melun and Vaux-le-Pénil are launching the expansion of their heating network with the drilling of a new geothermal well planned for 2026. This project aims to strengthen local energy supply by increasing the capacity of the existing network.
Google Cloud, SLB, and Project Innerspace announce a collaboration to stimulate the global adoption of geothermal energy by combining advanced data and technical expertise in identifying geothermal resources.
Energy Secretary Chris Wright highlighted the importance of advanced geothermal energy in ensuring the United States' energy abundance at the Geothermal House DC MAGMA event in Washington.
EDF Saudi Arabia and TAQA Geothermal Energy Company have signed a memorandum of understanding to develop geothermal energy in the Kingdom. This initiative aims at electricity production and HVAC applications, aligning with Saudi Arabia’s Vision 2030.
Safran has announced a partnership with Dalkia and Arverne Group to install a geothermal power plant at its Villaroche site. This infrastructure is expected to cover 84% of the factory’s heating needs, thereby reducing its natural gas consumption.
DEEP Earth Energy Production Corp. and SLB partner to develop an innovative geothermal project in Saskatchewan, aiming to produce 30 MW of emission-free energy.
Bihor County in Romania accelerates geothermal energy integration into its energy economy. With over €45 million invested, mostly funded by the European Union, the region highlights the growing profitability of this resource.