Ormat's geothermal work gains attention as enhanced systems catch on

An established geothermal firm is riding renewed interest in a technology that promises always-on clean power.

Ormat, a long-standing player in geothermal energy, is drawing fresh attention as enhanced geothermal systems gain traction. The appeal is a specific gap in the clean-energy mix: geothermal produces firm, always-on baseload power, unlike solar and wind, which vary with weather and time of day.

A grid built heavily on intermittent renewables needs sources that run steadily around the clock. Geothermal can fill that role without emissions, and enhanced techniques aim to make it viable in more places than the naturally hot sites that limited the technology before.

That an old-school operator is benefiting from new interest suggests the shift is about deployment and cost rather than invention. We are working only from the metadata; the source was unreachable, so the scale of Ormat's projects and the state of the technology sit with the original reporting.

Source: Canary Media