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Fervo Energy

Enhanced geothermal developer for firm clean power

Climate & Energy·Series E·Houston, Texas·fervoenergy.com

Fervo Energy is a U.S.-based energy company founded in 2017 that specializes in developing, owning, and operating advanced geothermal power plants. Utilizing enhanced geothermal systems (EGS), Fervo delivers 24/7 carbon-free electricity, addressing the growing demand for sustainable energy solutions. The company employs innovative techniques from the oil and gas sector, such as horizontal drilling and fiber optic sensing, to make geothermal energy more cost-effective and scalable.

Fervo's technology involves pumping cold water into hot underground rock formations, generating electricity with zero carbon emissions. The company is advancing several key projects, including the Cape Station in Utah, which aims to deliver 100 MW of power by 2026 and scale to 500 MW by 2028. Another significant project is the Corsac Station, planned to provide 115 MW of power to NV Energy for Google. Fervo is committed to reducing the cost of electricity and expanding its project pipeline while ensuring a positive impact on communities and the environment.