A startup called Zanskar claims to have discovered a hidden source of geothermal energy in Nevada, marking the first such discovery by the industry in decades. The company uses AI to identify hidden geothermal systems and says its technology has successfully pinpointed a commercially viable site for a potential power plant.
The development is seen as significant because geothermal energy is one of the simplest methods of generating renewable energy, with reservoirs of hot water underground producing steam that can be used to power turbines at the surface. However, finding these resources is challenging, as most geothermal systems are deep underground and do not show any signs on the surface.
Zanskar's AI technology builds on previous research by scientists who began studying known geothermal systems in the 2000s. The company has been collecting data on potential sites for years and says its tech has consistently identified hotspots that could be used to generate electricity.
The discovery is a major boost to the industry, which has struggled to find new sources of renewable energy. While some companies are focusing on enhanced geothermal systems (EGS), which involve creating conditions for geothermal through fracking-like processes, Zanskar's approach may offer a more cost-effective and sustainable solution.
According to company co-founders Carl Hoiland and Joel Edwards, the potential for harnessing blind geothermal systems could be much greater than previously estimated. In 2008, the US government reported that undiscovered geothermal systems comprised around 30 gigawatts of electricity, enough to power over 25 million homes. However, experts believe this figure may be an underestimate and that tens or hundreds of gigawatts of energy are likely hiding in blind systems.
The discovery also comes as investors and companies begin to take a fresh look at geothermal energy, which has historically been seen as a niche player in the renewable energy space. With advancements in technology and decreasing costs, geothermal energy is becoming increasingly attractive as a viable option for power generation.
The development is seen as significant because geothermal energy is one of the simplest methods of generating renewable energy, with reservoirs of hot water underground producing steam that can be used to power turbines at the surface. However, finding these resources is challenging, as most geothermal systems are deep underground and do not show any signs on the surface.
Zanskar's AI technology builds on previous research by scientists who began studying known geothermal systems in the 2000s. The company has been collecting data on potential sites for years and says its tech has consistently identified hotspots that could be used to generate electricity.
The discovery is a major boost to the industry, which has struggled to find new sources of renewable energy. While some companies are focusing on enhanced geothermal systems (EGS), which involve creating conditions for geothermal through fracking-like processes, Zanskar's approach may offer a more cost-effective and sustainable solution.
According to company co-founders Carl Hoiland and Joel Edwards, the potential for harnessing blind geothermal systems could be much greater than previously estimated. In 2008, the US government reported that undiscovered geothermal systems comprised around 30 gigawatts of electricity, enough to power over 25 million homes. However, experts believe this figure may be an underestimate and that tens or hundreds of gigawatts of energy are likely hiding in blind systems.
The discovery also comes as investors and companies begin to take a fresh look at geothermal energy, which has historically been seen as a niche player in the renewable energy space. With advancements in technology and decreasing costs, geothermal energy is becoming increasingly attractive as a viable option for power generation.