CAUSEWAYGT ’s MD and Chief Technologist on Techno-economics at PIVOT2021
Our MD and Chief Technologist Dr Simon Todd had the privilege to participate in the PIVOT2021 panel on Monday 19th July. Marit Brommer was a super moderator and the other panel members shared deep insight. The case that the at-scale growth of direct use of geothermal energy to heat (and cool) for the built environment and industry is an immediate opportunity was well made. From the searing focus of Dandelion Energy described by Kathy Hunnan to make ground-sourced heat pumps work in homes, through the approach to larger buildings in cities outlined by Cindy Demichel of Celsius Energy, the research and knowledge shared by George Stutz, and the experience of Jean-Jacques Graff in direct use deployment and the potential for multiple industry sectors to adopt geothermal, we heard a lot of supporting evidence for the case.
Simon described CAUSEWAYGT’s distinct and disruptive approach in tackling the industrial and large commercial sector which always starts with the customer need. Globally it’s a sector that contributes more than 10% of greenhouse gas emissions and represent a $1 trillion energy spend each year by the companies involved. Our technology is about “super-charged” earth-sourced heat pumps that, using closed-loop geothermal wells, tap higher temperature heat from greater depths than conventional ground-sourced heat pumps. The magic of heat pumps is that they enable more green electricity onto the grid, using those clean electrons to amplify both the power and temperature of the heat.
The recording of the panel session is here
The session is over an hour and you can hear Simon at:
6.30min – Intro to Simon and Causeway Energies
20:30min – discussing our deep geothermal for industrial heat model
36:00 min – talking about skills transfer from oil and gas
58:00 min – the repurposing of oil and gas wells.
