Tech giant Meta will fund new geothermal energy development in New Mexico. As widely reported, companies like Meta, Google, Amazon and Microsoft are looking for sources of low carbon, reliable power to support operations of their data centers.
From the link:
XGS’s new geothermal plant will be built in two phases and is unique, as the company uses proprietary geothermal power production technology that works with zero operational water use, according to the release. The project’s completion will include an initial smaller phase of construction and a later, larger phase, with both expected to be completed and operational by 2030, the companies said.
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From the Energy Information Administration, New Mexico currently has a small amount of geothermal electricity production. This new project will greatly increase that capacity. All of the geothermal plants in the US are currently in the western states, with the largest amount in California and Nevada.
_Pete