ECO2G™ Reinvents Geothermal
ECO2G not only accesses heat that conventional technologies can’t exploit, but transforms the geothermal industry business model. ECO2G largely obviates drilling and production risk, vastly reduces time to revenue, and significantly increases the ROI of the geothermal industry.
ECO2G not only accesses heat that conventional technologies can’t exploit, but transforms the geothermal industry business model. ECO2G largely obviates drilling and production risk, vastly reduces time to revenue, and significantly increases the ROI of the geothermal industry.
ECO2G will enable geothermal power to compete effectively in the global market for clean, dependable power generation:
ECO2G offers superior returns at lower risk than conventional geothermal
- Fundamentally reduces the risk associated with new and existing conventional geothermal projects as marginal wells can be retrofit to become revenue producing assets
- Makes geothermal generation possible on a larger scale both in the U.S. and worldwide. Estimated production cost is $0.03 per Kwh for retrofits to $0.07 per Kwh for large projects
- Provides 98% availability, baseload power, 24/7 to stabilize the grid and to enable states to meet Renewable Energy Portfolio Standards
- Flexible power output with rapid response
ECO2G offers superior returns at lower risk than conventional geothermal
- Because natural rock permeability is not a requirement, deep well ECO2G drilling risk is substantially reduced; up to 50% of conventional wells fail to produce economically
- Avoids production loss from rapid thermal depletion or closed fractures
- Can rehabilitate many failed or marginal hydrothermal wells
- Modular design reduces risk and increases flexibility
- Co-location with hydrothermal projects shortens time to revenue
- ECO2G deep wells directly benefit from cost reductions in oil and gas technology
Applications of ECO2G
Geothermal Well Retrofits
GreenFire Energy’s proprietary geothermal “co-production retrofit” technology generates 2-4 MW from existing wells that nonproductive or underproductive.
GreenFire Energy’s proprietary geothermal “co-production retrofit” technology generates 2-4 MW from existing wells that nonproductive or underproductive.
Deep Well Geothermal
GreenFire Energy’s closed-loop deep well geothermal is used for brand new sites and can generate 6-10 MW.
GreenFire Energy’s closed-loop deep well geothermal is used for brand new sites and can generate 6-10 MW.
