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Wednesday, 2 March 2022

(MOL) LONG DISTANCE GEOTHERMAL

A geothermal energy start-up plans to invent a wave drill, that can penetrate 12.4 miles in the Earth's crust, releasing virtually unlimited amounts of clean energy.

Quaise Energy, a startup out of MIT, based in Boston and Houston, recently secured $40 million in funding to help it get the first drilling rig off the drawing board.

The system works by drilling down to base rock, then firing high-power millimeter waves into the ground, without the need for complex mechanical drills that are limited by the pressure and intense heat deep into the crust.

Regular metal drills get broken or just melt beyond a certain depth, when the heat and pressure becomes too much for them to handle.

The goal is to be able to repurpose existing fossil fuel power plants, replacing burning coal with 900F heat from miles below the surface of the Earth.

The firm hope to have the first drilling platform live by 2024, the first wells producing up to 100 megawatt of geothermal energy by 2026, and fossil power plants repurposed by 2028, delivering clean energy around the world. Mail Online - link - Ryan Morrison - link - more like this (USA) - link - more like this - link

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