RePED 250: A Revolutionary, High-Drilling Rate, High-T Geothermal Drilling System and Companion (250 - 350°C) Power Electronics
Project Innovation + Advantages:
The technology is expected to disrupt the global drilling industry, replacing traditional drilling technologies within 10 years of commercialization.
Increased access to domestic energy sources like geothermal and natural gas would help secure U.S. energy stability.
Deep geothermal energy resources are a clean, renewable source of carbon-free electricity. Competitive market modeling shows the potential for an additional 50 gigawatts of geothermal deployed in the U.S. due to cost and time improvements from this new technology.