geothermal energy

Episode 315: Neal and Toby recap Apple’s earnings which have calmed investors for now despite its struggling iPhone sales. Then, Gov. Ron DeSantis signs a bill to have lab-grown meat manufacturing and distribution banned in Florida. Also, how Ozempic literally changed the economy and livelihood of Denmark. Next, Carvana wins stock of the week while Peloton is the dog of the week. Meanwhile, a startup wants to take poop deep underground to save the planet. Lastly, the real reason why there hasn’t been record-breaking performances in the Kentucky Derby in over 60 years. Visit https://www.wendys.com/morningbrew for more! 00:00 - Intro 03:00 - Apple Earnings 07:15 - Fake meat in Florida 11:45 - Ozempic in Denmark 16:30 - Stock/Dog of the week 19:00 - Carbon startup 24:00 - Kentucky Derby Horses Per My Last Email: Spotify, Apple, YouTube or wherever you listen to podcasts Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to go electric? We might need to dig a little deeper… into the Earth’s crust. Researchers and startups are testing new technology and drilling techniques to harness geothermal energy – heat from the Earth that can be used to generate electricity. It’s a renewable energy source that has been billed as a way to boost energy independence while reducing carbon emissions. But because of technical limitations, geothermal made up just 0.4% of all electricity generated in the U.S last year. The Biden Administration and energy giants such as Chevron are investing in geothermal, with the aim that your lights, your cell phone and your electric car might be powered by geothermal in the future. WSJ’s Alex Ossola explores what it will take for geothermal energy to scale.  What do you think about the show? Let us know on Apple Podcasts or Spotify, or email us: FOEPodcast@wsj.com  Further reading:  Can the Oil-and-Gas Industry Crack Geothermal Energy? ‘Deep Geothermal’ Promises to Let Drillers Go Deeper, Faster and Hotter  The Next Bets for Renewable Energy  Fracking for Geothermal Energy? Not So Fast  The Race to Drill America’s Longest Oil and Gas Wells  Learn more about your ad choices. Visit megaphone.fm/adchoices

Drill down far enough anywhere in the world and you reach temperatures hot enough to generate firm, reliable zero-emission electricity. That’s the hope for new geothermal technologies that could scale the industry beyond well-known geothermal hot spots like Iceland. But first the industry needs to overcome major challenges in financing and technology. It has also to deal with the public opinion around the oil and gas industry, which may be an essential partner in scaling geothermal because of its overlapping expertise in drilling and underground exploration. In this episode, guest host Lara Pierpoint talks with Jamie Beard, executive director of Project Innerspace, a non-profit focused on expanding the use of geothermal energy globally.  Current geothermal technology relies on naturally occurring underground hot spots, common in places like Iceland and the western U.S.. But an approach called enhanced geothermal systems or “hot, dry rock,” would make geothermal available around the world, potentially adding hundreds of gigawatts to current geothermal capacity. Lara and Jamie discuss major questions facing the geothermal industry, like: How and where to drill for consistent hot temperatures?  How long before a well is depleted of heat-carrying capacity?  What sort of surveying and information do funders need to deal with exploration risks?  How can the industry take advantage of the co-benefits of geothermal drilling, such as lithium extraction, carbon sequestration and waste heat? What working fluids, like water or critical CO2, are appropriate for a given project? How viable are geothermal-source heat pumps and how do they compare to air-source heat pumps? What are the potential environmental impacts of geothermal? What role should the oil and gas industry play in scaling this zero-emission technology? Resources: Canary Media: Advanced geothermal heats up with $138M round for startup Fervo Energy Department of Energy: DOE Launches New Energy Earthshot to Slash the Cost of Geothermal Power Catalyst is a co-production of Post Script Media and Canary Media. Catalyst is supported by Antenna Group. For 25 years, Antenna has partnered with leading clean-economy innovators to build their brands and accelerate business growth. If you're a startup, investor, enterprise, or innovation ecosystem that's creating positive change, Antenna is ready to power your impact. Visit antennagroup.com to learn more. Solar Power International and Energy Storage International are returning in-person this year as part of RE+. Come join everyone in Anaheim for the largest, B2B clean energy event in North America. Catalyst listeners can receive 15% off a full conference, non-member pass using promo code CANARY15. Register here.

Sunday show! On VC Sunday School, J+M discuss how VCs deploy reserves for follow-on funding. (1:58) Then, Molly interviews Quaise CEO & Co-Founder Carlos Araque about his geothermal drilling business! (24:02)

(0:00) J+M tee up segments for Sunday!

(1:58) Jason and Molly talk about how VCs deploy reserves for follow-on funding and bankroll management

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(11:47) Golden State Warriors impact on Jason's system-based VC team building philosophy

(15:48) J+M tee up today's TWiCS interview!

(22:46) Neo.Tax - Get $500 off R&D tax credit fees at https://neo.tax/twist 

(24:02) Quaise CEO Carlos Araque joins to break down his business: drilling to unlock geothermal energy

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(34:10) Carlos explains the size of Quaise's opportunity and how he raised $50M+ Series A for a deep tech project, what their business model will look like, and more!

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If a major eruption ever were to occur at Yellowstone’s “supervolcano,” the event could destroy huge swaths of North America. But in recent years, some scientists have proposed that the amazing power locked beneath the caldera could be harnessed to generate renewable geothermal energy. National Geographic writer Maya Wei-Haas examines the risks of a supervolcanic eruption at Yellowstone and what it would take to use it as a power source. For more information on this episode, visit natgeo.com/overheard. Want more?  Check out Maya Wei-Haas’ article about how bacteria discovered in Yellowstone led to the development of PCR tests used to detect Covid-19, and her article about the eruption of Cumbre Vieja on La Palma.  See how the Yellowstone Volcano Observatory is monitoring the region on their website.  Listen to more of Paolo Dell'aversana’s geomusic on his YouTube page. Also explore: Find out more about the geothermal facilities mentioned in this episode on their websites: Cornell University Borehole Observatory The Geysers in California  Krafla Magma Testbed If you like what you hear and want to support more content like this, please consider a National Geographic subscription. Go to natgeo.com/exploremore to subscribe today. Learn more about your ad choices. Visit megaphone.fm/adchoices

Green energy is good for all, and it doesn't get much greener than using the Earth's own heat to warm your home or office. Learn all about geothermal energy in today's new episode.

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