Company (Quaise Energy) plans to use fusion technology to drill for geothermal

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Carl White
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Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by Carl White »

"Fusion tech is set to unlock near-limitless ultra-deep geothermal energy"

https://newatlas.com/energy/quaise-deep ... ave-drill/
MIT spin-off Quaise says it's going to use hijacked fusion technology to drill the deepest holes in history, unlocking clean, virtually limitless, supercritical geothermal energy that can re-power fossil-fuelled power plants all over the world.
The company has raised some US$63 million to date, comprising $18 million in seed funding, $5 million in grants, and $40 million in a Series A financing round closed earlier this month.
Quaise is working on full-scale, field-deployable demonstration machines, which it says will begin operating in 2024. It plans to have its first "super-hot enhanced geothermal system" rated to 100 megawatts in operation by 2026.

ltgbrown
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Re: Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by ltgbrown »

Wow. That could be a game changer.
Famous last words, "Hey, watch this!"

paperburn1
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Location: Third rock from the sun.

Re: Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by paperburn1 »

If they can reliably bust the 10 mile (16 KM) this is a game changer, every coal fired plant could be brought back to life for what 5 years of fuel costs. Running costs would be minimal after that. all on a footprint where the coal used to sit before burning.
I am not a nuclear physicist, but play one on the internet.

Carl White
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Re: Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by Carl White »

https://www.thinkgeoenergy.com/quaise-e ... a-funding/
Quiase Energy has now raised a total of USD 52 million after an expansion of the initial Series A funding round.
The article really doesn't say any more than that, except that they were spun out of the MIT Plasma Science and Fusion Center in 2018.

crowberry
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Re: Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by crowberry »

Carlos Araque CEO of Quaise is giving a talk at the event SOSV Climate Tech Summit Oct. 25-26, https://sosvclimatetech.com/speakers/.

Carl White
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Re: Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by Carl White »

https://www.energymonitor.ai/tech/geoth ... nergy-ceo/

They're still stating the same goals, namely "2024 is when we first demonstrate this in the field, 2026 is when we first extract steam from the ground".

Carl White
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Re: Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by Carl White »

Article from Quaise:

https://www.quaise.energy/news/digging- ... ter-future

There's no detail about their operations save that they are approaching their initial trials.

Carl White
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Re: Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by Carl White »

Tweet from Quaise:
Today, we are pleased to announce the closing of a $21 Million Series A1 financing round led by
@PreludeVC and @SafarPartners to unlock abundant #geothermal energy for all🌎
https://twitter.com/QuaiseEnergy/status ... 8919543288

RERT
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Re: Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by RERT »

Just to note for distant future reference, if they do cool the mantle and stop plate tectonics, carbon-based life is going to die out… Much more dangerous than Global Warming, though might take a while.

Just sayin’…

usesbiggerwords
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Joined: Mon Aug 02, 2021 7:20 pm

Re: Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by usesbiggerwords »

Just to note for distant future reference, if they do cool the mantle and stop plate tectonics, carbon-based life is going to die out… Much more dangerous than Global Warming, though might take a while.

Just sayin’…
Nah, the best way to kill this would be to call it "Advanced Geo-nuclear Energy Extraction".

charliem
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Re: Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by charliem »

RERT wrote:
Fri Mar 22, 2024 10:41 am
Just to note for distant future reference, if they do cool the mantle and stop plate tectonics, carbon-based life is going to die out… Much more dangerous than Global Warming, though might take a while.
Yep, it might.

If humanity extracted the totality of the energy we are now using (about 20 TW by average) from Earth's Mantle, that'd almost double our world present cooling rate, therefore shortening the estimated 2 to 5 billion years it will take until it cools down enough to stop plate tectonics, to 1 to 2.5 billion years.

We are all going to die. :wink:

More here:
Humanity's energy use____: https://www.theworldcounts.com/challeng ... onsumption
Earth's heat energy content: https://physics.stackexchange.com/quest ... -the-earth
Earth's heat losses_______: https://en.wikipedia.org/wiki/Earth%27s ... _heat_flow
"The problem is not what we don't know, but what we do know [that] isn't so" (Mark Twain)

KitemanSA
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Location: OlyPen WA

Re: Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by KitemanSA »

I once calculated that there was not enough geothermal flux, even at a 100% conversion efficiency, to power the world’s energy needs. So to do more, we would need to extract STORED energy. What that would do to earthquakes, I hesitate to speculate.

paperburn1
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Location: Third rock from the sun.

Re: Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by paperburn1 »

The real strength behind Quaise is the fact that if it works as predicted they can drill holes 100 times faster than anyone else.
I am not a nuclear physicist, but play one on the internet.

KitemanSA
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Location: OlyPen WA

Re: Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by KitemanSA »

paperburn1 wrote:
Sat Mar 23, 2024 6:11 pm
The real strength behind Quaise is the fact that if it works as predicted they can drill holes 100 times faster than anyone else.
Great! Lets make earthquakes 100 times faster! :mrgreen:

charliem
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Joined: Wed May 28, 2008 8:55 pm

Re: Company (Quaise Energy) plans to use fusion technology to drill for geothermal

Post by charliem »

I haven't heard about drilling causing earthquakes. Fracking, yes, depletion of underground water tables and oil deposits, yes. Drilling per se, not that I know. Can anyone give some examples?

Unless there are examples of this, or at least a credible theory regarding a relation, I think running to the bomb shelters is a bit premature.
"The problem is not what we don't know, but what we do know [that] isn't so" (Mark Twain)

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