The vast and untapped deep geothermal energy production potentially constitutes a perfect alternative to fossil fuel energy production. The equivalent of half of the current world electrical power is sitting at 3 km depth in hot granite, and 10 times at 10km depth.
This potential is the target for future Advanced Geothermal Systems (AGS).
However, at least 70% to 80% of the total cost in large AGS power plants comes from the drilling process. Therefore, a breakthrough in drilling technology is required to unlock this massive hot granite energy production.
Leveraging on our core high pulsed power technology, which can consistently discharge high pulsed power with very low energy per pulse at high repetitive rate to spall rocks, G-Pulse, in partnership with Team Energy of Japan as a second biggest shareholder, is working to provide the breakthrough technology which will revolutionize hard rock drilling for geothermal as well as for other applications.