ECO2G™ Reinvents Geothermal
ECO2G not only accesses heat that conventional technologies can’t reach, but transforms the geothermal industry business model. In essence, ECO2G converts the geothermal business from a series of high risk, slow payout projects to a profitable, predictable, and repetitive industrial process.
ECO2G not only accesses heat that conventional technologies can’t reach, but transforms the geothermal industry business model. In essence, ECO2G converts the geothermal business from a series of high risk, slow payout projects to a profitable, predictable, and repetitive industrial process.
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
Because permeability is not a requirement, drilling risk is substantially reduced; up to 50% of conventional wells fail to produce
- Can produce twice the power as compared to water with the right conditions
- Estimated production cost of $0.05 to $0.10 per KWH depending on the site
- Makes geothermal generation possible on a larger scale both in the U.S. and worldwide.
- Provides 95% availability, secure, baseload power, 24/7 to stabilize the grid and enable states to meet Renewable Energy Portfolio Standards
- Flexible power output with short ramp times
- Robust and reliable power for special high value applications
ECO2G offers superior returns at lower risk than conventional geothermal
Because permeability is not a requirement, drilling risk is substantially reduced; up to 50% of conventional wells fail to produce
- Avoids production loss from rapid thermal depletion or closed fractures
- Can rehabilitate some failed or underperforming hydrothermal projects
- Co-location with hydrothermal projects shortens time to revenue
- Directly benefits from cost reductions in oil and gas technology
- Modular design reduces risk and increases flexibility
