Bud's Offshore Energy (BOE)

See this very good Noema Magazine article.

“In an age when energy policy is so often hostage to fierce partisanship, there is hope that geothermal can be the one clean energy solution that could satisfy climate change campaigners and the ‘drill baby drill’ lobby alike.”

Updates on Quaise Energy’s highly anticipated gyrotron field test and related information:

• “Lab-test data suggest that the gyrotron’s beam will lose only around 50% of its power at a depth of six miles. To put that into perspective, the attenuation of a rotating drill string at 10 kilometers can be 98%,” Araque said. “You only get 2% of the mechanical power down to the bit.”
• Quaise’s field test will take place on a disused oil drilling pad in the northern exurbs of Houston. Next month, a gyrotron 100 times as powerful as the one in the laboratory will be pointed at the earth and switched on.
• By spring, Quaise will have erected another platform in a disused quarry near Marble Falls, a city on the Colorado River northwest of Austin.
• Quaise’s ultimate ambition is that its drills can be “dropped-in” to existing oil and gas wells.
• By 2026, Quaise should be positioned to launch its first commercial venture. Within that short timescale, an answer to the question of whether superdeep geothermal can be truly transformative should come into clearer focus.

Quaise’s Araque: “Our civilization uses 25 terawatts, and it doubles every 25 years. By 2050 we need 50 terawatts. By 2100 we need 200 terawatts. When you look at those numbers, you realize that diffuse and intermittent renewables don’t have the scale. The externalities are too high.”