CORE Knowledge

Heating and cooling as an industry is one of the main offenders when it comes to emissions and accounts for a large pull on the energy sector as well. So, how do you solve the problem of decreasing energy demand while increasing resiliency and sustainability? Geothermal. The Earth has a stable temperature of around 55-70 degrees F depending on depth everywhere in the world and it can be tapped to be utilized for heating and cooling, both residential and commercial. I sit down with Ammar Alali, the CEO of Strataphy to talk about the huge opportunity that sits in front of the geothermal industry and how he and his team are looking to capitalize.  Strataphy https://www.strataphy.com/Ammar Alali https://www.linkedin.com/in/ammar-alali/Ammar's Book RecommendationThe Tipping Point by Malcolm GladwellCORE Knowledge https://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Innovation is at the heart of the energy industry and with geothermal it is no different. Sigurdur Markusson has been involved in a variety of projects that have dealt with harvesting geothermal energy and using it to sustainably produce food and now takes over the role of managing director at GEORG. It is time for collaboration, innovation, and awareness to accelerate for the geothermal industry. GEORGhttps://www.linkedin.com/company/georg-geothermal-research-cluster/about/Sigurdur Markussonhttps://www.linkedin.com/in/sigurdur-h-markusson-8b979729/CORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

The Earth's heat produced from radioactive decay in the core has many benefits once recovered and brought to the surface. Most focus is placed on its ability to provide baseload power, which is important, but arguably the most widespread use case being heating and cooling gets overlooked. Geothermal is ubiquitous throughout the planet, however, it does vary by location the feasibility of extracting the resource, but harvesting low temperature resources can be done most anywhere. Once harvested, the use cases are seemingly endless, heat and cool your home, office building, school, grow vegetables, process dairy, aquaculture, and so much more. I had the chance to sit down with Celia Wells who is the Strategic Developments Manager at GeoExchange NZ and talk about their goals, the size of the prize and what challenges lie ahead.  GeoExchange NZhttps://www.linkedin.com/company/geoexchange-new-zealand/posts/?feedView=allCelia Wellshttps://www.linkedin.com/in/celia-wells-74402291/Celia's Book Recommendation Range by David Epstein CORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Large scale energy infrastructure projects require significant up-front investment and usually carry a considerable amount of risk. How the projects are financed plays a key role in the success of the project and future scalability. Geothermal is no different than the Oil and Gas industry, solar, wind, hydrogen you name it - a lot of money will be needed but will need to be efficiently and effectively deployed to achieve the desired outcome for all stakeholders. I sit down with Amanda Lonsdale at Magnitude Global Finance to talk about the nuances in financing large scale projects, available instruments to mitigate risk, and hurdles still to overcome.  Magnitude Global Finance https://www.linkedin.com/company/magnitude-global-finance/Amanda Lonsdale https://www.linkedin.com/in/amanda-lonsdale-390749/Amanda's Book RecommendationCreating Climate Wealth by Jigar Shah CORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestarihttps://www.linkedin.com/in/nick-cestari-48059268/

World Geothermal Energy Day 2024 - CORE Knowledge got to be a part by helping to raise awareness, be a voice and spread educational content around geothermal and what roles it can play in the energy ecosystem of today and tomorrow. I sit down with Jason Fisher from Blue Spark and Peter Duncan from Microseismic to cover a variety of topics from why they love geothermal to how it has changed the way we look at decarbonizing the globe.  Blue Spark https://www.linkedin.com/company/bluesparkenergy/Jason Fisher https://www.linkedin.com/in/geothermal-fisher/Microseismichttps://www.linkedin.com/company/microseismicinc/posts/?feedView=allPeter Duncan https://www.linkedin.com/in/petermduncan/CORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/Gallanthttps://www.linkedin.com/company/gallantculture/posts/?feedView=all

Today's episode brings a perspective from a company that gets to be a part of a myriad of geothermal projects all across the globe. Steam Geothermal, an owner's engineering consultancy specializes in simply coming in alongside the developer to fill gaps where their expertise is lacking on top of being a voice for the geothermal sector around the world. We sit down with William Thompson, Strategic Development Director at Steam about how he got lured into geothermal, helped with a complete rebrand and now how he is leading Steam's efforts in championing geothermal plus aiding in developing truly transformational projects. Steam Geothermal https://www.linkedin.com/company/steam-geothermal/posts/?feedView=allWilliam Thompson https://www.linkedin.com/in/twilliamthompson/William's Book recommendationMeditations by Marcus AureliusCORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/ 

Australia is no stranger to natural resources; they are a powerhouse in the mining and petroleum industry and now are a burgeoning developer in the renewable energy space.  With energy security and sustainability top of mind for many in today's world, Australia is tackling this by exploring all potential solutions. One, however, may just hold the golden ticket for them once again to become a powerhouse - geothermal. Come, listen into my conversation with Adam Stepanoff of Whitebark Energy Ltd., a leader in the space, with some of the first and largest permitted areas for geothermal exploration and development to learn about some of the hurdles and opportunities the country faces.  Adam Stepanoff https://www.linkedin.com/in/adam-stepanoff-70267265/Whitebark Energy Ltd. https://www.linkedin.com/company/whitebark-energy-limited/posts/?feedView=allAdam's Book Recommendation The Courtneys of Africa by Wilbur Smith CORE Knowledge https://www.linkedin.com/company/core-geothermal/?viewAsMember=trueNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

When designing and developing a project, it is important to consider the full generation life cycle in order to incorporate efficiencies, cost savings, safety measures, inclusivity, and so much more. In the case of geothermal, it allows for innovative thinking around how to incorporate a mindset of circular economy benefits and engaging with the local community to ensure mutual benefit. I had the pleasure of sitting down with Greg Thompson, the acting CEO at the time of the interview at MB Century and the Director of International BD, Robert Mandjes to discuss the rich history of MB Century and how they are innovating and continuing to lead in the design and development of various energy projects across New Zealand. MB Century https://www.mbcentury.com/Robert Mandjeshttps://www.linkedin.com/in/robertmandjes/Greg Thompson https://www.linkedin.com/in/greg-thompson-5173831a/CORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/ 

Often times in the midst of forging a new path, discovering a new breakthrough technology, or simply applying a new technique or theory it is hard to think about what the future might hold. In this case, Devon Energy was pioneering the deployment of fiberoptic cables permanently downhole to help analyze many facets of their operations and now in the heat of the energy transition, they have teamed up with a leading geothermal energy developer, Fervo Energy to yet again forge a new path. Come join the riveting coversation with Kyle Haustveit, Manager of Devon Energy Ventures as we discuss how the past is helping lead the way for the future and how Devon is playing a role.  Kyle Haustveit https://www.linkedin.com/in/kyle-haustveit/ Devon Energy https://www.devonenergy.com/Kyle's Book recommendationThe War below and Elon Musk by Walter Issacson CORE Knowledge https://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Always been interested in learning more about the circular economy? How does geothermal fit in? Can we create a truly self-sustaining ecosystem? Come listen in to my conversation with Helga Johannsdottir, Manager of Business Development at ON Power Iceland where we talk about their geothermal park and how they are creating a circular economy. Their model is not isolated to just Iceland and their hope as well as mine is that they can be an example for many others to create something similar.  Helga Johannsdottirhttps://www.linkedin.com/in/hkjohannsdottir/ON Power https://www.on.is/Helga's Book Recommendation The Power of Habit by Charles DuhiggCORE Knowledge https://www.linkedin.com/company/core-geothermal/?viewAsMember=trueNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Curious to learn more about Exergy and their innovative ORC design? Well, first listen to this great episode where we delve into just that, but also go and check out their website or reach out to either Luca!  Exergy ORChttps://www.exergy-orc.com/Luca Pozzonihttps://www.linkedin.com/in/luca-pozzoni-63739316/Luca Vaninihttps://www.linkedin.com/in/vaniniluca/CORE Knowledge https://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

There will always be the doubters who say that something is impossible and will never be achieved or realized. To people like Steve and John of Hephae Energy, it is music to their ears, a challenge accepted to go beyond where anyone has before. That is what they are doing for the geothermal industry in developing rotary steerable and MWD tools that can operate precisely downhole at temperatures well above 175 degrees C.  Hephae Energy https://www.hephaeet.com/Steve Krasehttps://www.linkedin.com/in/stevekrase/CORE Knowledgehttps://www.linkedin.com/company/core-geothermal/?viewAsMember=trueNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Iceland Drilling has been drilling geothermal wells for many years now, and is even taking their skillset and knowledge abroad to help in accessing this immense resource of heat beneath our feet. This episode talks all about the past, present, and future of the geothermal industry, Iceland Drilling and its role in that, as well as how we can look to continually advance and learn.  Iceland Drilling https://www.jardboranir.is/Sveinn Hannesson https://www.linkedin.com/in/sveinn-hannesson-604b184/Daniel Draderhttps://www.linkedin.com/in/daniel-d-01730b44/CORE Knowledgehttps://www.linkedin.com/company/75072170/admin/feed/posts/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Cross pollination within the energy sector is a must in order to achieve the global targets we have set out for ourselves. As energy demand rises rapidly, the need to decarbonize increases in importance, I believe the energy sector will actually shrink. Not in production or employees, but in how many once siloed companies and industries cross over into new territory. Join me as I talk with the one, the only Patrick Hanson, Senior Geothermal Development Manager with Expro about this very thing and how he is excited to be part of this future energy ecosystem. Expro https://www.expro.com/region/locations/corporate-hq-1Patrick Hansonhttps://www.linkedin.com/in/phanson610/Patrick's book recommendation The subtle art of not giving an F$%!CORE Knowledgehttps://www.linkedin.com/company/75072170/admin/feed/posts/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

When time is spent comparing every energy source it can be missed how they complement each other and can ultimately unlock even more technologic advancement that enables decarbonization. Today's episode is to highlight some incredible energy entrepreneurs with Premier Resource Management that are trying to change this by combining solar, geothermal and storage. Mike Umbro, Partner and Head of Corporate Development gives us some insight into how this project can catapult the transition to carbon negative, renewable and resilient energy. Premier Resource Management https://www.linkedin.com/company/premier-resource-management-llc/about/Mike Umbrohttps://www.linkedin.com/in/mikeumbro/Mike's Book Recommendation Governing the commons by Elinor OstromCORE Knowledgehttps://www.linkedin.com/company/75072170/admin/feed/posts/ Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Scaling up many of the low carbon solutions that will help to decarbonize our world need extensive investment along with support in the form of access to market. Who better than incumbent energy companies to do this? They have balance sheets, established supply chains across the entire value chain of energy, social reputations and beyond. Ecopetrol is leading the way and setting a great example. They were the first energy company to announce roadmap to lower carbon intensity and emissions by 2040. Join in on my conversation with the Vice President of Low Carbon Solutions, Yeimy Baez and learn a little more on what exactly that roadmap entails. Ecopetrol https://www.ecopetrol.com.co/wps/portalYeimy Baezhttps://www.linkedin.com/in/yeimyb%C3%A1ez/Yeimy's Book Recommendation Love in the time of cholera by Gabriel Garcia Marquez CORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Ensuring access to food, water, and energy are some of the key objectives for the next couple decades, but doing so in a sustainable way is equally important. Geothermal can not only help address the access to energy for developing countries, but it also can play a significant role in eliminating food deserts, producing sustainable food even in climates that previously prohibited it. I sit down with Arni Pall Einarsson, Chief Commercial Officer at Matorka to talk about the fish farming industry and how they are pioneering with sustainable arctic char production utilizing geothermal. Matorka https://matorka.is/Arni Pall Einarsson https://www.linkedin.com/in/arni-pall-einarsson-03b75556/Arni's Book Recommendation Reluctant Genius by Charlotte Gray CORE Knowledge https://www.linkedin.com/company/75072170Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Not that long ago Iceland was considered a developing country. Fast forward to today and it is now one of the welathiest nations on a per capita basis. One major driver of that has been their innovation around the natural resources and energy they have right under their feet; geothermal. Landsvirkjun has been developing and innovating around geothermal and the many use cases for the past 60 years. My conversation with Bjarni Palsson, Executive Director of Geothermal Development dives into how Iceland continues to innovate and share the knowledge globally to help advance the industry. Bjarni Palsson https://www.linkedin.com/in/bjarni-palsson-08b27a29/Landsvirkjun https://www.linkedin.com/company/landsvirkjun/Bjarni's book recommendation The Prize by Daniel Yergin CORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

How do we achieve the lofty goals set forth to reduce our global emissions and keep global warming at bay? It definitely won't happen in silos, it will take a cooperative effort, building on the backs of those gone before us, of course new innovations, new technology and a bunch of capital. The beautiful thing is that countries like Iceland who have been innovating around energy usage, efficiencies, security of said energy and general sustainability can offer so much to the rest of the world as we work towards decarbonizing the planet. I sit down with Nott Thorberg, the Director of Green by Iceland whose entire purpose is to connect, educate, and export knowledge from Iceland around the world to accelerate our transition. Green by Iceland https://www.greenbyiceland.com/Nott Thorberghttps://www.linkedin.com/in/nott-thorberg-6ab2172/Nott's book recommendation Changing on the Job by Jennifer BergerJRG Energy www.jrgenergy.comCORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestarihttps://www.linkedin.com/in/nick-cestari-48059268/

Some of us dive deep into political issues and policy while others of us steer clear of all things related to politics. Well, when it come to reaching net zero by 2050 goals, we all need to be active in our governments from state/local level all the way to country leadership. Policy will shape how we arrive or don't arrive at net zero. Today's episode focuses of course on policy from a geothermal perspective, how we have made progress, but also how we still have a long way to go and what needs to be done moving forward across the globe to make way for the geothermal renaissance.  Kamila Piotrowska https://www.linkedin.com/in/kamilapiotrowska/Baker Hughes https://www.bakerhughes.comKamila's Book recommendation Gorillas in the mist by Dian Fossey CORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

This week we are at CERA week and just in awe of the amount of interest and air time for geothermal and central to this renaissance of sorts is Geothermal Rising the largest trade organization representing the industry around the globe. I had the pleasure of snagging Bryant Jones the newly appointed Executive Director for GR and discussing with him the momentum we are seeing, what needs to still be done, and how Geothermal Rising is going to work to continue advancing geothermal at a rapid pace. Incredibly insightful conversation that you do not want to miss!Bryant Jones https://www.linkedin.com/in/bryantajones-energy/Geothermal Rising https://geothermal.org/our-organizationBryant's Book Recommendation Our Hidden Powers by the Baseload Capital teamhttps://www.baseloadcap.com/our-hidden-powers/JRG Energy www.jrgenergy.comCORE Knowledgehttps://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Is Geothermal as exhaustive as the reports say? Can it power the future as a baseload energy source? Does America even produce any? What exactly is it? These are some questions you may be asking yourself when it comes to geothermal, and they are valid since historically geothermal hasn't been very good at engaging stakeholders outside of the industry. Today, we sit down and talk about the Geysers geothermal field, a 725 MWe field that is made up of over 13 power plants and 300 wells, so in short it is incredibly complex and is part of the US's leading 3.6 GW of geothermal production. In today's discussion, Rob Parker, VP of Operations at the Geysers talks about how geothermal has always been part of the energy mix and doesn't always get the love in future projections but believes there is a long future ahead for the Geysers and geothermal as an industry. Rob Parkerhttps://www.linkedin.com/in/rob-parker-2290922/Danielle Matthews Seperashttps://www.linkedin.com/in/danielle-matthews-seperas/Peter Sohttps://www.linkedin.com/in/peter-so-2238587/Calpinehttps://www.calpine.com/operations/power-operations/our-locations/california/big-geysersCORE Knowledgehttps://www.linkedin.com/company/core-geothermal/Nick Cestarihttps://www.linkedin.com/in/nick-cestari-48059268/

You may have heard of a Ground Source Heat pump in passing or maybe you even have one at your home. Well today we are going to be taking a deep dive into yes, Geothermal for heating and cooling, but an extremely innovative and new approach to making it more efficient and energy dense. Hailing from the real estate sector, Erika Salmenvaara jumped over to work in Geothermal as she saw firsthand the challenges of providing energy to real estate developments. Qheat is on a mission to provide sustainable, efficient power to real estate investments so that they can take advantage of the taxonomy in the EU, but also decarbonize and incentivize buyers.  Grab your headphones, sit in your favorite chair or relax on your commute into work and soak in the knowledge Erika drops in this one. Qheat https://www.qheat.fi/Erika Salmenvaara https://www.linkedin.com/in/erika-salmenvaara-b7274b/Erika's book recommendation Thinking Fast and Slow by Daniel Kahneman JRG Energy www.jrgenergy.comCORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

GreenFire Energy's CEO Joseph Scherer is no stranger to CORE Knowledge. I had the chance to sit down with him at this year's Geothermal Rising Conference to talk about some of their recent investments from the likes of Baker Hughes and Vallourec to name a few and the new projects in their pipeline. Their closed loop technology is helping to revitalize geothermal fields and increase longevity of these assets, increasing cash flow and reducing emissions. Come join the conversation. GreenFire Energy https://www.linkedin.com/company/greenfire-energy/Joe Schererhttps://www.linkedin.com/in/joseph-scherer-2826b5/CORE Knowledgehttps://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

KS Orka is a leader in Geothermal production in Indonesia and on the forefront of innovating and delivering on the goals set to bring another 3 + GW of geothermal in the next decade. One way they are doing this is by phased development versus the traditional method. At the Sorak Marapi field there is a contract signed with the state-owned power company to deliver up to 240 MW but in order to improve economics and have flexibility, KS Orka is developing the field in five 45-50 MW phases. A truly fascinating discussion with a leader in the industry, Riza Pasikki CTO of KS Orka.  Riza Pasikkihttps://www.linkedin.com/in/riza-pasikki-072b65150/KS Orka https://www.linkedin.com/company/ks-orka-renewables/Book Recommendation Loves his job! Malcolm Grant - Geothermal bookJRG Energy www.jrgenergy.comCORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

IRENA just hosted the second High Level Global Geothermal Alliance Conference in El Salvador, and it was quite the spectacle. Today's episode is just that, High Level as I sit down with El Salvador's Ambassador to the UK and Northern Ireland. El Salvador is leading in a lot of ways and this event was an amazing chance to bring together leadership from all over the world to talk about geothermal finance, challenges, and lessons learned. Experiencing Geothermal and making it a human connection is important for raising up the next generation of Geothermal leaders. Taking home, a bag of coffee that was roasted using Geothermal energy is an example of just that. Vanessa Interiano https://www.linkedin.com/in/vanessa-interiano-885126101/Book Recommendation The Little Prince by Antoine de Saint-ExupéryJRG Energy www.jrgenergy.comCORE Knowledgehttps://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Sometimes we pay more for things even when there isn't much of a difference in benefit, but when it comes to reliable electricity there is a cost of paying less or having unreliable energy sources providing majority of the electrons. In comes Geothermal, a premium energy source that all stakeholders should be willing to pay a premium for. It gets slighted when compared to wind and solar on an LCOE basis as they are not apples to apples, it has poor messaging and ultimately is the dark horse in this race to net zero. It is clean, reliable, baseload always on, dispatchable and flexible power that can supplement wind and solar, act as a battery, make our grids more resilient and ultimately save all stakeholders from utilities to consumers money and clean up the air as we do it. Tune in to hear a little about GRC and what GreenFire is doing to bring this premium energy source to market.  Greenfire Energy https://www.greenfireenergy.com/John Muirhttps://www.linkedin.com/in/john-r-muir-b00b082/Andy Van Hornhttps://www.linkedin.com/in/andy-van-horn-98158559/Book RecommendationsScale by Geoffery West and The Drunkard's walk by Leonard Mlodinow JRG Energy www.jrgenergy.comCORE Knowledgehttps://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/  

Impressions are important whether it is your first interview, first date, first day at a new job, or as a new company entering the market. In all of the scenarios above, one thing is the same across each; first impressions go a long way either good or bad. So wouldn't you work as hard as possible to make sure your message resonates with all stakeholders involved. For the Geothermal industry, although not a new industry is at a crucial turning point where messaging will be key in engaging potential customers, investors and maybe most importantly the community. I had the absolute pleasure of sitting down with Kristina Hagstrom-Ilievska, CMO for Baseload Capital and is honestly leading the way in this arena and doing some amazing things for the future of the industry. Baseload Capital https://baseloadcap.com/Kristina Hagstrom-Ilievska https://www.linkedin.com/in/kristinahagstr%C3%B6milievska/Kristina's Book Recommendation How to win friends and Influence People by Dale Carnegie JRG Energy www.jrgenergy.comCORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

A geologist by training, Lucy Crane found her way into Geothermal almost by accident and now has an incredibly important role being the ESG & Sustainability manager for Cornish Lithium. The need for clean power and sustainable Lithium production for future EV demand is massive, but we need to ensure we have buy in from all stakeholders, establish proper governance and make sure the environment and community is better for it. A tall task indeed, but so very important as we navigate this energy transition and focus on transparency and truly creating a sustainable world. Cornish Lithium is a fascinating company, extracting Geothermal brines to use for direct heat and then extracting Lithium to use for domestic Lithium production sustainably. Cornish Lithium https://cornishlithium.com/Lucy Cranehttps://www.linkedin.com/in/lucy-crane-747a6854/Lucy's Book Recommendation Volt Rush JRG Energy www.jrgenergy.comCORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestarihttps://www.linkedin.com/in/nick-cestari-48059268/

This week we get to chat with yet another amazing startup that is changing the energy landscape in the name of Geothermal. Transitional Energy is taking a Go Now approach and working to decarbonize the Oil and Gas industry and provide a distributed energy system. Salina, Ben and Johanna are leaning on their multiple decades of experience in the Oil and Gas industry to create a unique solution to change the energy landscape and make Geothermal a major part of energy mix. Transitional Energy https://transitionalenergy.us/Book recommendations Ben: Tom Wolf's The Right Stuff, Johanna: Good Strategy/Bad Strategy, Salina: Tiny Habits and Bill Bryson's At HomeJRG Energywww.jrgenergy.com CORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

This week's episode takes us to the West Coast where Geothermic is developing an innovative solution called GeoHeat which is a closed loop technology leveraging existing technologies and refining/improving them in order to harvest sustainable, reliable, always on heat. My conversation with Ghazal Izadi, Vice President of Reservoir Management and Market Strategy explores the Geothermal market from her experience at Baker Hughes to now on the forefront of developing an innovative solution to solve the world's energy needs. Geothermichttps://www.geothermicsolution.com/aboutGhazal Izadihttps://www.linkedin.com/in/ghazal-izadi-ph-d-008a4a32/JRG Energywww.jrgenergy.comCORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Colombia has ramped up the amount of renewable energy on the grid significantly over the past few years and is continuing to work diligently to create an environment ripe for developing increasing amounts of renewable energy projects. They have established protocols for Geothermal exploration and development in order to help encourage de-risking and execution of baseload power projects. Monica Gasca Rojas, advisor to the Minister of Energy and Mines in Colombia gives us an overview of their strategy and goals for the next 3-5 years for increasing the renewable energy generation on the grid. Ministry of Energy and Mines Colombia https://www.minenergia.gov.co/es/Monica Gasca Rojashttps://www.linkedin.com/in/monica-gasca-rojas/Monica's Book recommendation Creativity Inc JRG Energy www.jrgenergy.comGRChttps://grc2022.mygeoenergynow.org/CORE Knowledgehttps://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Energy access is key to creating a sustainable future, eliminating poverty and improving health. Kenya is at 80% of Kenyans having access to energy, mostly due to their incredible renewable energy production. Geothermal is playing a major role in making Africa a hotspot for learnings, innovation, economic development, sustainable development, better quality of life and so much more. Can Geothermal help Africa become a major economic hub for energy, green hydrogen and beyond? Come listen in to my conversation with Jesse Nyokabi, a Green Energy Pacesetter and ImPPPact Global Alliance Ambassador for Kenya as we talk about the Sustainable Development Goals and how Kenya is leading the way for Africa with regards to Geothermal. ImPPPact Global Alliancehttp://www.impppact.org/Jesse Nyokabi https://www.linkedin.com/in/jesse-nyokabi-en297/Jesse's book recommendation Beyond Entrepreneurship by Jim CollinsJRG Energy www.jrgenergy.comGRChttps://grc2022.mygeoenergynow.org/CORE Knowledgehttps://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/ 

Unity across the globe will be absolutely key in achieving our sustainable future. This is one of the main focuses of IRENA, to be a platform for international cooperation. They don't stop there. Advising on policy, creating tools for understanding global renewable energy, developing reports on the energy transition and tracking every renewable energy and technology are all within their repertoire. I had the pleasure to sit down with Jack Kiruja who is a Renewable Energy Analyst within IRENA focused on Geothermal and get some perspective on all that IRENA is doing to unite the globe to help us transition into our sustainable future. Spoiler: Geothermal is heating up.  IRENAhttps://www.irena.org/aboutirenaJack Kiruja https://www.linkedin.com/in/jack-kiruja-907473a0/Jack's book recommendation The New Map by Daniel Yergin JRG Energywww.jrgenergy.comGRC https://grc2022.mygeoenergynow.org/CORE Knowledgehttps://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Resource extraction is one of the most complex ecosystems in the whole world. Even in an area with rich Geothermal potential it is not always a walk in the park to bring it to life and have electrons on the grid. Political, economic, cultural, financial, technical hurdles all can create roadblocks. There are many nuances in any energy system, but it can be done. I sit down with Max Wilmarth, Geoscience Manager with Jacobs to talk about some of the amazing projects Indonesia has developed, some of the nuances and just some of his experience on the ground with the people. Jacobs https://www.jacobs.com/Max Wilmarth https://www.linkedin.com/in/mwilmarth/Max's book recommendation Field work (Author unknown)JRG Energy www.jrgenergy.comGRC https://grc2022.mygeoenergynow.org/CORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

A bank helping with research, de-risking development, offering a technology incubator to promote innovation and providing funding? No way, not real. Well, actually the Inter-American Development Bank or IDB for short is active in the Central American and Caribbean regions. With their Vision 2025, they aim to target specific SDG's with the use of Geothermal, promote sustainable food production, provide funding to local SME's and create a space for innovation to lead to massive scale deployment of Geothermal in the region. Christiaan Gischler, Lead Energy Specialist at the IDB gives us a phenomenal overview of the amazing work happening at the IDB. Inter-American Development Bankhttps://www.iadb.org/enChristiaan Gischler https://www.linkedin.com/in/christiaan-gischler-792b2733/Christiaan's Book recommendation Homo Sapiens, Yuval Noah HarariJRG Energy www.jrgenergy.comGRC https://grc2022.mygeoenergynow.org/CORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Insurance is there to take risks that equity or debt can't or won't take. Often an overlooked form of financing, Insurance is somewhat of a backbone in a lot of arenas of life and can play the same role in Geothermal. It helps de-risk Geothermal development drilling, decreases the cost of capital, limits downsides for equity or debt investors and ultimately increases access to more capital. As Julian Richardson with Parhelion Underwriting put it, we are here to take on the low probability/high impact risks so that geothermal development can advance globally. Parhelion Underwriting https://www.linkedin.com/company/parhelion-underwriting-ltd/https://parhelion.co.uk/Julian Richardson https://www.linkedin.com/in/julian-richardson-parhelion/Julian's book recommendation The Gold Finch by Donna TarttJRG Energy www.jrgenergy.com GRChttps://grc2022.mygeoenergynow.org/CORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Subsurface risks are pretty well known in Oil and Gas, even in sub salt regions or other exploration arenas where there are significant unknowns we invest and execute projects. So why is it that in Geothermal we don't apply a similar mindset? Why is Geothermal underfunded? Oil and Gas has brought access to energy, economic development and more to countries once thought of as non-existent in the global landscape. Today's chat with Pawl Victor of NOV dives into some of the similarities and differences between O&G and Geothermal and some of the main hurdles it faces. NOV https://www.linkedin.com/company/novglobal/https://www.linkedin.com/showcase/nov-reedhycalog/Pawl's Book recommendation The Humas by Matt HaigJRG Energy www.jrgenergy.comGRC https://grc2022.mygeoenergynow.org/CORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Geothermal Sustainability Assessment Protocol. The newly created GSAP went on the road to Costa Rica for the inaugural training on the tool and it was a great success. On today's episode I sit down with Marit Brommer of the IGA, Joerg Hartmann the expert and Bernhardt from GIZ to debrief and talk about how we hope to see the GSAP used globally to establish best practices, ensure projects are sustainable in every aspect from social, governance, resource development and more. GSAP https://www.lovegeothermal.org/portfolio-item/geothermal-sustainability-assessment-protocol-gsap/IGAhttps://www.lovegeothermal.org/GIZhttps://www.giz.de/en/workingwithgiz/58288.htmlMarit Brommerhttps://www.linkedin.com/in/marit-brommer-76a6b56/Bernhardt https://www.linkedin.com/in/c-bernhardt-johst-5a0843156/Joerg Hartmannhttps://www.linkedin.com/in/joerg-hartmann-58283576/JRG Energy www.jrgenergy.comCORE Knowledge https://www.linkedin.com/company/core-geothermal/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

It was an absolute honor to be in person in Costa Rica for the inaugural Geothermal Sustainability Assessment Protocol training. It was simply amazing to see the work being done in the SICA region with Geothermal. They are already developing projects that will help set standards for future developments using the GSAP. I had the chance to sit down with the expert on Renewable Energy and Efficiency for SICA which covers all of Central America, Alexandra Arias and talk about why this tool is important for the Geothermal industry in this region.  SICAhttps://www.linkedin.com/company/sgsica/Alexandra Ariashttps://www.linkedin.com/in/alexandra-arias-54072210a/JRG Energy www.jrgenergy.comCORE Knowledge https://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Ready to get technical??  Well, you're in luck then because this week I sit down with John Gilliland, Director of Operations for JRG Energy and dive deep into the operations for geothermal power production. We discuss the similarities between Oil and Gas operations and Geothermal, as well as how they differ and some of the main challenges with extracting/maintaining production. While some of the main applications for Oil and Gas can be used for Geothermal operations, there are limitations along with challenges such as high pressures and temperatures that don't allow for traditional logging, drilling etc. JRG is in the business of bringing oil and gas expertise into geothermal to help sustain geothermal production in cost effective and innovative ways. JRG Energy www.jrgenergy.comJohn Gilliland https://www.linkedin.com/in/john-gilliland-jrgenergy/John's Book recommendation The Centurion Series GRC 22https://grc2022.mygeoenergynow.org/CORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Eavor doesn't see their solution to Geothermal as just a well design, but as a product that can be made to order based on the energy demand of their customer. A big reason why Geothermal hasn't grown at the pace that other renewables have is due to a myriad of reasons, but one in particular, Geographical location has hindered the worldwide deployment of Geothermal. Eavor aims to use their Eavor loop technology to help scale Geothermal and reduce costs down to 0.05 cents/kwh to be competitive with other renewable energy sources.  Eavorhttps://www.linkedin.com/company/eavor/ https://www.eavor.com/Christian Besoiu https://www.linkedin.com/in/christian-besoiu/Christian's Book recommendation The Beginning of Infinity by David DeutschJRG Energy www.jrgenergy.com GRChttps://grc2022.mygeoenergynow.org/registrationCORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestarihttps://www.linkedin.com/in/nick-cestari-48059268/

One of the most unique and innovative companies in my opinion in the Geothermal space is Baseload Capital, initially started as a venture to help finance Geothermal projects, but ended up financing and developing projects around the world. Their process involves working collaboratively with subsidiaries to deploy geothermal power plants worldwide. Baseload then takes care of market research to strategically pick markets, and provides technology knowledge to aid in development. I sit down with Alexander Helling, CEO of Baseload Capital to talk about their projects and how their model is one I believe should be replicated and used to help scale Geothermal. Baseload Capital https://baseloadcap.com/how-we-work/ https://www.linkedin.com/company/baseload-cap/Alexander Hellinghttps://www.linkedin.com/in/alexander-helling-177140a/Alexander's Book recommendation Smartest Guys in the Room by Bethany McLean Ride of a LifetimeGRChttps://grc2022.mygeoenergynow.org/JRG Energy www.jrgenergy.comCORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestarihttps://www.linkedin.com/in/nick-cestari-48059268/

Do you know what Geothermal is? What can it do for you? Is it worth learning about? Why is it an important source of energy? Why is relatively unknown? I sit down with Will Pettitt, the Executive Director of Geothermal Rising to talk about their rebranding, lobbying efforts, their staple conference event and really just the importance of educating the public on Geothermal. Professionalizing and promoting Geothermal is essential in creating best practices, policy structures, and advancing innovation that will ultimately help Geothermal scale exponentially. Will Pettitthttps://www.linkedin.com/in/will-pettitt-63baa833/Geothermal Rising https://geothermal.org/our-organization/missionGRC 2022 https://grc2022.mygeoenergynow.org/Will's Book recommendation Lord of the Rings JRG Energy www.jrgenergy.comNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/CORE Knowledge https://www.linkedin.com/company/core-geothermal

In the heart of the Alberta Oil patch is a geothermal project aimed at exploiting the hot fluids at around 12,000 ft and bringing them to the surface to provide clean, dispatchable, flexible baseload power to the grid. Why in the middle of the Oil patch? There are some benefits such as the vast amount of temperature data readily available due to the sheer volume of wells, but there is also competition in the form of cheap natural gas and electricity. This is a conversation you will not want to miss as I sit down with Catherine Hickson, CEO of the Alberta No. 1 project to talk about the frontier work, legislation, financing, economics, challenges and so much more. Alberta No. 1https://www.albertano1.ca/aboutCatherine Hickson Book recommendation The history of Dog Creek GRC https://grc2022.mygeoenergynow.org/JRG Energy www.jrgenergy.comCORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Nick sits down with Joseph Scherer, President and CEO of GreenFire Energy a leading developer of AGS or closed loop Geothermal systems. They have been in the news recently with some exciting announcements regarding funding from Baker Hughes, H&P and Vallourec. Their solution is positioned to really target a variety of markets and make significant breakthroughs for Geothermal as an industry. They have patented a closed loop technology called GreenLoop, proved Super Critical CO2 can create a thermosiphon downhole and eliminate parasitic loads, increasing energy output in a well that was shut in due to high NCG's. They are actively harvesting the "Heat Beneath our Feet!"GreenFirehttps://www.linkedin.com/company/greenfire-energy/https://www.greenfireenergy.com/Joseph Schererhttps://www.linkedin.com/in/joseph-scherer-2826b5/Joseph's Book recommendation The Coddling of the American Mind by Jonathan HaidtGRC 2022https://grc2022.mygeoenergynow.org/#JRG Energy www.jrgenergy.comCORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestarihttps://www.linkedin.com/in/nick-cestari-48059268/

Solving the problem of commercial, residential and industrial heating and cooling emissions globally will undoubtedly be a huge key to our net zero and low carbon future. One of the most efficient options that is a clean energy source is in fact geothermal ground source heat pumps. They simply rely on the ambient temperature of the Earth at shallow depths and a heat exchanger to heat and cool infrastructure from residential homes to large industrial operations. What a fascinating interview this week with Jay Egg of Egg Geo, who solved a simple problem at his home back in the 80's using ground coupled geothermal which led to the founding of what is today a worldwide leader in designing and engineering for geothermal ground source heat pumps. Egg Geohttps://www.linkedin.com/company/egg-systems-inc/Jay Egghttps://www.linkedin.com/in/egggeothermalairconditioning/Jay's book recommendation CS Lewis series, Screwtape letters & Geothermal HVAC green heating and coolingJRG Energy www.jrgenergy.comGRC 2022https://grc2022.mygeoenergynow.org/CORE Knowledge https://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

The newly formed TXGEA trade association aims at educating the public and legislators and advocating for Geothermal to be included in policy and the electric grid. Matt Welch and Barry Smitherman are looking to change the perception of this amazing resource and simply get it a seat at the table and really do what Texas has done for many decades, which is to be a leader in the energy space. Can Texas be a leader in the US for getting Geothermal, a baseload, flexible, dispatchable and sustainable resource to be a cost competitive option for major metropolitan areas? TXGEAhttps://txgea.com/Matt Welch https://www.linkedin.com/in/mattwelchtx/Barry Smitherman https://www.linkedin.com/in/barry-smitherman-40375a63/Matt and Barry's book recommendationsUnsettled - Steve Koonin, The Prize by Daniel Yergin Geothermal Rising Conference https://grc2022.mygeoenergynow.org/#JRG Energy www.jrgenergy.comCORE Knowledge https://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Geothermal is not a new resource, it has been around for many decades and has been successfully harnessed in many places around the world. So why is it that there still are growing pains and just a general lack of awareness of just how vast this resource truly is? Well, Andy Blair and I talk about that among other things and how New Zealand can provide learnings for other areas of the world with a geothermal resource whether nascent in nature or mature. We also talk about the importance of a diverse workplace and how the Geothermal community is working to be a leader in this space today and for the future. Upflow https://www.upflow.nz/Andy Blairhttps://www.linkedin.com/in/andrea-andy-blair-97a5b913/Andy's Book recommendation Ministry for the Future by Kim Stanley Robinson WING https://www.linkedin.com/in/wing-global-80a710205/CORE Knowledge https://www.linkedin.com/company/core-geothermalJRG Energy https://www.jrgenergy.com/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Recently Patterson-UTI made a strategic investment in Criterion Energy Partners to help them deliver high capacity - clean - renewable - baseload power to commercial and industrial consumers by making geothermal energy commercially viable around the world. I sit down with Bridget Silva, Head of Business Development with Criterion to discuss what makes their team unique, their road map, how they envision developing technology and eliminating risk in a pragmatic way to eventually lead to a lower cost of energy. Criterion Energy Partners https://www.criterionep.com/https://www.linkedin.com/company/criterionenergypartners/Bridget Silva https://www.linkedin.com/in/bridget-silva-270b901/Bridget's Book recommendation The One Thing by Gary KellerJRG Energy https://www.jrgenergy.com/Geothermal Rising Conferencehttps://grc2022.mygeoenergynow.org/Nick Cestari https://www.linkedin.com/in/nick-cestari-48059268/CORE Knowledge https://www.linkedin.com/company/75072170/admin/

Geothermal and missile testing sites located in the same place? Yes, you are reading that correctly. The US Navy has a base, Naval Air Weapons Station China Lake Station that is located within the Coso Geothermal field in Ridgecrest California. They own the mineral rights on the land where the power is produced which allows them to fund their office that focuses on management and oversight. They do all things from safety and operations to exploration. The DOD has a large footprint in the US and globally which allows them to play a part in the solution with Geothermal energy and power their critical infrastructure with clean baseload power. US Navy https://www.linkedin.com/company/us-navy/Kelly Blakehttps://www.linkedin.com/in/kelly-blake-7595a126/Kelly's book recommendation Assembling California & Cadillac DesertCORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestarihttps://www.linkedin.com/in/nick-cestari-48059268/Geothermal Rising Conferencehttps://grc2022.mygeoenergynow.org/#JRG Energy https://www.jrgenergy.com/