How to unleash the heat beneath our feet - Joseph Scherer, CEO of GreenFire Energy at CERAweek 2022
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- Опубліковано 6 лют 2025
- Meet Joseph Scherer, CEO of GreenFire Energy - company that develops and implements innovative geothermal technology in a mission to accelerate the transition to clean, renewable energy. After 33 years working as an attorney in project financing, the path led mr. Scherer to geothermal energy. And now, he is the superstar of geothermal.
In conversation with mr. Scherer we found out how this switch happened for him, what is GreenLoop technology and why is he more optimistic than ever about green energy. Also, mr. Scherer explains what change is currently happening in the oil and gas industry that could be pivotal for climate change and why geothermal is so potentially important in addressing the green transition. Join us in the new episode od #notanotherpodcast!
The podcast is hosted by our Kristina Hagström-Ilievska and is produced by Baseload Capital, DNB Sverige and Panc Productions.
The CERAWeek is produced by IHS Markit, now a part of S&P Global.
Mother Earth is the boiler…add the closed-loop piping, and a generator….now you have a power plant. It would great if you could retrofit retiring coal-fired power plants; in my twenties I was a operator apprentice in one. Actually, the coal plants in Colstrip Montana has one of the world’s deep water wells…and it comes out heated.
I thought oil field services companies out of work in 2020 should have been pivoting to geothermal. I reached out to people I knew in the industry, but not in oil field services, but they shrugged. There are vast reservoirs of hot pressurized brine all along the Texas & Mexican Gulf coast with thousands of abandoned oil wells already tapping them.