Matt Welch, State Director at Conservative Texans for Energy Innovation, talks with Jason Spiess about the The Texas Geothermal Energy Alliance (TXGEA) and how he sees geothermal energy playing a role in oil and gas.
The Texas Geothermal Energy Alliance is a Texas-based, Texas-led advocacy organization created for the purpose of advancing geothermal energy in Texas. Welch believes there is a major role for geothermal to play in the All The Above Energy Portfolio.
There have been a number of paradigm shifting technology advancements within the oil and gas industry over the past decade, along with a significant increase in the number of oil and gas professionals engaged in geothermal ventures over the past years have enabled a new realm of possibilities to advance scalable geothermal concepts,” Welch said.
The interview continues to discuss the old technologies making there way back into the modern day innovations. Geothermal is one of those old technologies that has seen major cost reductions in infrastructure and improvements engineering angles. Both literal and metaphorical.
“The Texas energy sector has benefitted tremendously from a diversified energy portfolio that has included oil, natural gas, wind, solar, coal, and nuclear power,” Welch said. “In addition to these resources, Texas is also fortunate to have a tremendous amount of undeveloped geothermal resources, which could be developed in the near term to decarbonize residential heating and cooling, as well as to produce reliable and secure baseload electricity.”
TXGEA is comprised of a broad and interdisciplinary group of entities engaged in geothermal resource exploration, well drilling, plant construction, resource production and markets. These supporters include representatives from the oilfield service sector, oil & gas operators, utilities, start-up companies working to advance geothermal relevant technologies, and leading scientists and engineers from a number of academic institutions across Texas.
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