CORE Knowledge

GRC

CORE Knowledge

Nick Cestari

sustainable development goals

enAugust 03, 2022

geothermal

economic development

green hydrogen

IRENA | Jack Kiruja on CORE Knowledge Podcast

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.

IRENA

https://www.irena.org/aboutirena

Jack Kiruja

https://www.linkedin.com/in/jack-kiruja-907473a0/

Jack's book recommendation

The New Map by Daniel Yergin

JRG Energy

GRC

CORE Knowledge

Nick Cestari

sustainable development goals

enJuly 27, 2022

international business

renewable energy

geothermal

economic development

low carbon

Jacobs | Maxwell Wilmarth on CORE Knowledge Podcast

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

GRC

CORE Knowledge

Nick Cestari

https://www.linkedin.com/in/christiaan-gischler-792b2733/

enJuly 20, 2022

sustainable development

heating and cooling

baseload power

project development

Inter-American Development Bank | Christiaan Gischler on CORE Knowledge Podcast

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 Bank

https://www.iadb.org/en

Christiaan Gischler

Christiaan's Book recommendation

Homo Sapiens, Yuval Noah Harari

JRG Energy

GRC

CORE Knowledge

Nick Cestari

sustainable development goals

enJuly 13, 2022

Parhelion Underwriting Ltd | Julian Richardson on CORE Knowledge Podcast

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 Tartt

JRG Energy

GRC

CORE Knowledge

Nick Cestari

https://www.linkedin.com/company/novglobal/

enJuly 06, 2022

NOV | Pawl Victor on CORE Knowledge Podcast

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/showcase/nov-reedhycalog/

Pawl's Book recommendation

The Humas by Matt Haig

JRG Energy

GRC

CORE Knowledge

Nick Cestari

https://www.lovegeothermal.org/portfolio-item/geothermal-sustainability-assessment-protocol-gsap/

enJune 29, 2022

GSAP | Marit Brommer, Bernhardt Johst, Joerg Hartmann on CORE Knowledge Podcast

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

IGA

https://www.lovegeothermal.org/

GIZ

https://www.giz.de/en/workingwithgiz/58288.html

Marit Brommer

https://www.linkedin.com/in/marit-brommer-76a6b56/

Bernhardt

https://www.linkedin.com/in/c-bernhardt-johst-5a0843156/

Joerg Hartmann

https://www.linkedin.com/in/joerg-hartmann-58283576/

JRG Energy

CORE Knowledge

Nick Cestari

https://www.linkedin.com/company/sgsica/

enJune 22, 2022

stakeholder engagement

SICA | Alexandra Arias on CORE Knowledge Podcast

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.

SICA

Alexandra Arias

https://www.linkedin.com/in/alexandra-arias-54072210a/

JRG Energy

CORE Knowledge

Nick Cestari

enJune 15, 2022

JRG Energy | John Gilliland on CORE Knowledge Podcast

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

https://www.linkedin.com/in/john-gilliland-jrgenergy/

John Gilliland

John's Book recommendation

The Centurion Series

GRC 22

CORE Knowledge

Nick Cestari

https://www.linkedin.com/company/eavor/

enJune 08, 2022

Eavor | Christian Besoiu on CORE Knowledge Podcast

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.

Eavor

https://www.eavor.com/

Christian Besoiu

https://www.linkedin.com/in/christian-besoiu/

Christian's Book recommendation

The Beginning of Infinity by David Deutsch

JRG Energy

https://grc2022.mygeoenergynow.org/registration

GRC

CORE Knowledge

Nick Cestari

https://baseloadcap.com/how-we-work/

enJune 01, 2022

Baseload Capital | Alexander Helling on CORE Knowledge Podcast

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://www.linkedin.com/company/baseload-cap/

Alexander Helling

https://www.linkedin.com/in/alexander-helling-177140a/

Alexander's Book recommendation

Smartest Guys in the Room by Bethany McLean

Ride of a Lifetime

GRC

JRG Energy

CORE Knowledge

Nick Cestari

https://www.linkedin.com/in/will-pettitt-63baa833/

enMay 25, 2022

Geothermal Rising | Will Pettitt on CORE Knowledge Podcast

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 Pettitt

Geothermal Rising

https://geothermal.org/our-organization/mission

GRC 2022

Will's Book recommendation

Lord of the Rings

JRG Energy

Nick Cestari

CORE Knowledge

https://www.albertano1.ca/about

enMay 18, 2022

Alberta No. 1 | Catherine Hickson on CORE Knowledge Podcast

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. 1

Catherine Hickson Book recommendation

The history of Dog Creek

GRC

JRG Energy

CORE Knowledge

Nick Cestari

https://www.linkedin.com/company/greenfire-energy/

enMay 11, 2022

GreenFire Energy | Joseph Scherer on CORE Knowledge Podcast

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!"

GreenFire

https://www.greenfireenergy.com/

Joseph Scherer

https://www.linkedin.com/in/joseph-scherer-2826b5/

Joseph's Book recommendation

The Coddling of the American Mind by Jonathan Haidt

GRC 2022

https://grc2022.mygeoenergynow.org/#

JRG Energy

CORE Knowledge

Nick Cestari

https://www.linkedin.com/company/egg-systems-inc/

enMay 04, 2022

Egg Geo | Jay Egg on CORE Knowledge Podcast

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 Geo

Jay Egg

https://www.linkedin.com/in/egggeothermalairconditioning/

Jay's book recommendation

CS Lewis series, Screwtape letters & Geothermal HVAC green heating and cooling

JRG Energy

GRC 2022

CORE Knowledge

Nick Cestari

https://www.linkedin.com/in/mattwelchtx/

enApril 27, 2022

TXGEA | Matt Welch and Barry Smitherman on CORE Knowledge Podcast

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?

TXGEA

https://txgea.com/

Matt Welch

Barry Smitherman

https://www.linkedin.com/in/barry-smitherman-40375a63/

Matt and Barry's book recommendations

Unsettled - Steve Koonin, The Prize by Daniel Yergin

Geothermal Rising Conference

https://grc2022.mygeoenergynow.org/#

JRG Energy

CORE Knowledge

Nick Cestari

https://www.linkedin.com/in/andrea-andy-blair-97a5b913/

enApril 20, 2022

Upflow | Andy Blair on CORE Knowledge Podcast

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 Blair

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.jrgenergy.com/

JRG Energy

Nick Cestari

https://www.criterionep.com/

enApril 13, 2022

Criterion Energy Partners | Bridget Silva on CORE Knowledge Podcast

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.linkedin.com/company/criterionenergypartners/

Bridget Silva

https://www.linkedin.com/in/bridget-silva-270b901/

Bridget's Book recommendation

The One Thing by Gary Keller

JRG Energy

https://www.jrgenergy.com/

Geothermal Rising Conference

Nick Cestari

https://www.linkedin.com/company/75072170/admin/

CORE Knowledge

enApril 06, 2022

US Navy | Kelly Blake on CORE Knowledge Podcast

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 Blake

https://www.linkedin.com/in/kelly-blake-7595a126/

Kelly's book recommendation

Assembling California & Cadillac Desert

CORE Knowledge

Nick Cestari

https://grc2022.mygeoenergynow.org/#

Geothermal Rising Conference

JRG Energy

https://www.jrgenergy.com/

enMarch 30, 2022

department of defense

critical infrastructure

resilient grid

Gullspang Invest | Magnus Brandberg on CORE Knowledge Podcast

This week's episode dives into the realm of financing the Geothermal decade and how it can happen, what is holding it back and some key things to consider when pitching to investors. I sit down with Magnus Brandberg, partner at Gullspang Invest and Chairman of Baseload Capital to discuss his background and experience with the genesis of Baseload capital as a financing and development company and as a venture capitalist investor. His main points are that we cannot confuse uncertainty with risk and have to be patient with investing in Geothermal. You can't change the energy economy overnight and technology takes time, so don't bet more than you can lose, but don't be afraid to lose.

Gullspang Invest

https://www.linkedin.com/company/gullspangvc/

Magnus Brandberg

https://www.linkedin.com/in/magnusbrandberg/

Baseload Capital

https://www.linkedin.com/company/baseload-cap/

Magnus's book recommendation

The Daily Stoic by Ryan Holiday & Alfred Nobel by Ingrid Carlberg

Nick Cestari

CORE Knowledge