News

Shale giant Devon Energy is investing in geothermal

E&E News - Energywire · last updated

Devon Energy Corp. is investing in a geothermal startup as the shale giant expands into renewable energy sources.

Devon, a pioneer of the shale revolution that resuscitated U.S. oil and natural gas production, will inject $10 million into Fervo Energy, the companies said in a joint announcement Tuesday.

View full article

Related Knowledge Center: ENERGY BASICS: geothermal

State of Play

Geothermal energy, which exploits heat emanating from the earth’s core, provides a sliver of total energy generation in the U.S.: 0.4 percent of utility-scale generation of electricity was produced by geothermal sources, according to the Energy Information Administration.

But experts see significant opportunity for growth in use of geothermal.

More information

here today, more tomorrow

We’ve launched briefing.center with a focus on the press and media.

And we’ve added Citizen Cartwright, a daily quick-read news summary by veteran Washington journalist Linda Cartwright. We’ve also created a new voting rights knowledge center for Citizen Cartwright subscribers. (You can sign up for a dedicated morning email at citizencartwright.com.)

You can sign up here for full access to press and media and Citizen Cartwright on briefing.center.

You can use briefing.center as the center of your information management, or just one of your tools. We’re happy to discuss your information needs.

Sign up