-+ 0.00%
-+ 0.00%
-+ 0.00%
Two Geothermal Bets Are Starting to Undercut Nuclear on Cost
Share
Listen to the news
While the Trump administration keeps pushing domestic energy addition through funding vehicles and executive orders aimed at grid reliability and AI-driven demand growth, two next-generation geothermal developers just posted updates that move past announcements and into measurable progress on drilling and capital formation. Fervo announced that its third-generation well design at Cape Station in Utah has lifted drilling rates by 143% compared with the first Cape well.  The latest well, Sawtooth 7, reached 19,448 feet measured depth, including…
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending