It’s clear that Nevada is the epicenter of the advanced geothermal industry. That’s something our state can be proud of, but it will also require hard work to maintain our leadership in this critical new field.
We shouldn’t just assume that innovative companies, whether they are energy giants like Chevron or small and scrappy startups like Transitional Energy, will want to come here first.
In the latest episode of WGA’s Out West podcast, The Well of the Future: Repurposing Oil and Gas Wells for Geothermal Energy Production, WGA Policy Advisor Steven Emmen sits down with Johanna Ostrum, the Chief Operating Officer of Transitional Energy; Will Pettitt, the Geothermal Discipline Lead at Baker Hughes; and Will Gosnold, a professor of geological engineering at the University of North Dakota.
Johanna Ostrum, COO, spoke on a panel at Great Plains EmPower Energy Conference about Transitional Energy's upcoming projects in North Dakota
Transitional Energy, a geothermal technology and development company, and Georgia-based ElectraTherm, Inc. announce that they have signed a Letter of Intent to partner to convert heat waste to power in the oil and gas industry. This announcement builds upon the successful pilot operation of Transitional Energy's Sedna Sled Geothermal System earlier this year at an oilfield located in rural Nevada. That system included ElectraTherm's Organic Rankine Cycle (ORC) equipment.
The energy transition that started more than a decade ago continues to accelerate as low- and zero-carbon fuels get cheaper and more reliable. But that doesn’t mean fossil fuels and emission-free energy are mutually exclusive. They are not enemies, as some of the loudest voices in the environmental debate want you to think.
Transitional Energy — a majority women-owned, Indigenous-led geothermal technology and development company that turns oil and gas waste streams into renewable energy — today announced it has successfully generated electricity at an oil field in Nevada. Transitional Energy raised 100 percent of the capital for the initial pilot, making it the first company to produce geothermal energy at an oil site using private funding. The field where the pilot is taking place will be part of a larger project later this year using Transitional Energy technology and funded by a U.S. Department of Energy Geothermal Technologies Office Wells of Opportunity grant.
In case you missed it, our planet is in trouble. The UN climate report from early April makes clear we’re on a path that will careen past the climate goals set in the Paris Agreement, and we need to cut carbon emissions — fast. But while solar and wind power are important (they are, after all, key parts of the Biden administration’s climate plan) they’re the kind of thing we’ve seen plenty of before, which means they’ll only get us so far. What we need, the UN report says, is new solutions. Which is why a pilot program recently detailed by the US Department of Energy (DOE) is particularly intriguing. If it works, it could help solve multiple problems at once, using an often-overlooked solution: geothermal energy.
Geothermal developer Transitional Energy and electric co-op United Power aim to transform oil and natural gas wells in the northern Front Range into sites that produce electricity from heat stored in the ground. The move marks another step in Colorado's fossil fuel industry development as oil and gas companies increasingly look to lower their emissions even as the burning of their products to make electricity and power vehicles continues to warm the planet.
The U.S. Department of Energy (DOE) today selected four new projects to receive up to $8.4 million to establish new geothermal energy and heat production from abandoned oil and gas wells. With this funding, DOE is partnering with existing well owners and operators to use their idle or unproductive wells to access otherwise untapped geothermal potential. Transforming oil wells into geothermal wells could expand U.S. geothermal energy capabilities, supporting the Biden-Harris Administration’s goal of a carbon-free grid by 2035. This work also supports the creation of new clean energy jobs, helping transition some of the oil and gas workforce to the production of renewable energy.
Selena Derichsweiler is chief executive officer of Transitional Energy, a local renewable energy startup. She and her business partner, Ben Burke, both worked for years in the oil and gas industry. Now, they are more interested in another thing the wells are bringing to the surface: geothermal energy.
Want to learn more about what Transitional Energy is up too? Our Presentation and Video are available HERE.
Ten female-owned, Colorado-based technology businesses were chosen for the program based on their proposals for Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR), and their potential for commercialization.
Transitional Energy was awarded the 2020 Emerging Cleantech Company Award from Colorado Cleantech Industries Association on December 3, 2020.
I met Transitional Energy at an Rocky Mountain Association of Geologists Seminar I gave back in the spring on geothermal. They went on to participate in the Closed Loop Geothermal Systems panel of Pivot2020 in July. Now they have just announced the award of a $500,000 grant from the State of Colorado to pursue their oil and gas well conversion geothermal concept.
Transitional Energy has secured a $500k state grant for its work on conversion of oil and gas wellbores and associated infrastructure into geothermal power generation facilities.
Creative Destruction – The process by which an industry is revolutionized from the inside-out due to external forces. Originally an economics term, but has evolved to into many lines of evaluation.
Ladies and Gentlemen, the Oil, Gas, and Energy Industries are in a period of Creative Destruction due to a plethora of external forces. And one thing these industries doe well is REVOLUTIONIZE! And out of this effort will rise, Transitional Energy You have base-load energy, you have alternative energy, and now we have transitional energy. Transitional Energy – The Energy Process that utilizes BOTH Sides of the Energy Coin to create Energy Opportunities that Reduce, Reuse, and Recycle ENERGY!
"Innovation in the geothermal energy landscape is emerging, and may finally make geothermal energy feasible."
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