Wind and solar facilities are generating record amounts of zero-carbon electricity, but the world still needs flexible, dispatchable sources of baseload power for times when the sun is down or the wind isn’t blowing. Fervo Energy is putting horizontal drilling and other proven technologies from modern oil and gas development together with advanced fiber optic sensing to identify and exploit the best locations for heat mining. Fervo also manages fluid injection into low-permeability rock in a way that allows power generation to be ramped up or down as needed, effectively turning geothermal reservoirs into giant underground batteries.
News & Insights
Fervo’s first commercial geothermal plant comes online: a major step toward a decarbonized grid
DCVC 2023 Q3 update: Climate Week NYC; deep tech and defense; geothermal groundbreaking; first humanoid robot factory; more
An inspiring and sobering New York Climate Week
Fervo breaks ground in Utah on world’s largest next-gen geothermal project
DCVC 2023 Q2 update: fresh $1B+ in funding; fresh deep-tech insights; fresh website
Sarah Jewett: Fervo Energy
DCVC 2023 Q1 update
Why We Invested in Fervo Energy
In The Media
Geothermal power heats up
The biggest venture capital rounds in U.S. climate-tech in Q1
How new tech is making geothermal energy a more versatile power source
Geothermal is the hottest thing in clean energy. Here’s why
Dueling climate visions on oil's home turf
The World's Most Innovative Companies of 2024
Frackers Are Now Drilling for Clean Power
Three climate technologies breaking through in 2024
Enhanced geothermal systems: 10 Breakthrough Technologies 2024
New Google geothermal electricity project could be a milestone for clean energy [Rachel Slaybaugh quoted]
AI’s Power-Guzzling Habits Drive Search for Alternative Energy Sources
2023 Climate Tech Companies to Watch: Fervo Energy and its geothermal power plants
Fervo Energy breaks ground on next-generation geothermal plant
Green linings & lessons from breakthroughs #159
Energy Startup Says It Has Achieved Geothermal Tech Breakthrough
Bill Gates: ‘Miraculous Green Grid’ Needed to Decarbonize
Silicon Valley VC has been investing in climate tech for a decade — here’s what he’s into now
Power industry venture financing deals total $541.2m in North America in August 2022
The 10 Biggest Rounds Of August: Energy-Related Startups Dominate
Exclusive: Fervo raises $138M for geothermal energy
Fervo raises $138M funding for geothermal power plant projects
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