October 17, 2024 – World Geothermal Day. See what’s going on to celebrate it!

See all that is going on to recognize Geothermal his year!

World Geothermal Energy Day October 17

www.WorldGeothermalEnergyDay.org

World Geothermal Energy Day is generously sponsored by MicroThermal Energy

WorldGeothermalEnergyDay.org is thrilled to announce the celebration of this year’s World Geothermal Energy Day on October 17th, 2024. This annual event is a global celebration, honoring the remarkable contributions of geothermal energy systems and highlighting their profound impact on communities worldwide. This year, MicroSeismic and its geothermal solution, MicroThermal Energy, proudly serve as the executive flagship sponsor. They are hosting a special event in Houston at Karbach Brewery to raise awareness and celebrate the achievements in geothermal energy.

We invite everyone to recognize the dedicated individuals involved in the thousands of geothermal systems providing reliable electricity, heating, and cooling to essential facilities and homes worldwide. Geothermal energy offers significant advantages as we face climate challenges and work towards net-zero carbon systems. This year, we celebrate the leaders, operators, and teams who drive innovation in geothermal technology. Energy-efficient geothermal systems promote a cleaner, sustainable, and resilient environment in our ever-changing world. With the earth’s dependable and efficient geothermal energy, we continue to explore new ways to connect and innovate. Virtual meetings, events, and webinars have become essential tools, underscoring the role of technology in our lives.

THE LATEST NEWS IN GEOTHERMAL ENERGY


Shallow geothermal in Sweden – A deep penetration in the geo-energy market – GeoExpro

Of that figure, groundsource heat pumps account for 126 TWh, so 63 % of the total energy produced. So, it is the shallow geothermal systems that are …

 

Geothermal could revolutionize American energy. Will polarization threaten its rise?

https://thehill.com/policy/energy-environment/4591118-geothermal-energy-polarization-threat/

 

EnerGeo Alliance, Inc.

From conventional energy sources to groundbreaking new energy solutions, the energy of today and tomorrow cannot exist without the energy geoscience industry.

https://www.makingenergypossible.com/

 

Iceland will tunnel into a volcano to tap into virtually unlimited geothermal power

https://www.zmescience.com/science/news-science/iceland-geothermal-magma-chamber/

 

Ex-oil and gas workers push geothermal power forward

Rhttps://txgea.us10.list-manage.com/track/click?u=f77258093a61c147010083c08&id=78c391e632&e=2d3fdd8471

 

Fervo Energy Raises $244 Million to Accelerate Deployment of Next-Generation Geothermal

Read More →

 

Microsoft Campus Set to Use Geothermal Energy to Heat/Cool Office Space

https://txgea.us10.list-manage.com/track/click?u=f77258093a61c147010083c08&id=a212bb56b7&e=2d3fdd8471

 

Why the Air Force Wants a Geothermal Energy Plants

https://txgea.us10.list-manage.com/track/click?u=f77258093a61c147010083c08&id=7ce2412fed&e=2d3fdd8471

 

Geothermal Energy Could be Huge. But We Need Oil and Gas Companies to Build It

https://txgea.us10.list-manage.com/track/click?u=f77258093a61c147010083c08&id=b7f7171a3d&e=2d3fdd8471

Sage Geosystems’ Landmark Full-scale Commercial Pilot

https://txgea.us10.list-manage.com/track/click?u=f77258093a61c147010083c08&id=c49eae1de4&e=2d3fdd8471

Shallow geothermal energy production may soon be more important than deep geothermal energy production in the Netherlands

https://geoexpro.com/shallow-geothermal-energy-production-may-soon-be-more-important-than-deep-geothermal-energy-production-in-the-netherlands/

US DOE Energy Saver

https://www.energy.gov/energysaver/geothermal-heat-pumps

US DOE Geothermal Technologies Office

https://www.energy.gov/eere/geothermal/geothermal-heat-pumps


Munich, Germany aims for CO2-neutral heating by 2040, primarily with geothermal
 ThinkGeoEnergy

SWM has supplied customer with district heating, most of which comes from combined heat and power facilities. … cogeneration and thermal waste …

 

Networked Ground Source Heat Pumps – Daily Kos

Really exciting news about geothermal heat pumps last week! My heating fantasy becoming a reality. Networking geothermal systems using natural gas …

 

 

ELECTRIC POWER and ENERGY TRENDS

 

Going Electric? Why Future Power Could Come From Hot Rocks

https://txgea.us10.list-manage.com/track/click?u=f77258093a61c147010083c08&id=976155b3fc&e=2d3fdd8471

 

Carrier, the century-old inventor of the air conditioner, is moving on to the home heat pump

https://www.cnbc.com/2024/04/22/century-old-inventor-of-air-conditioner-is-moving-on-to-home-heat-pump.html

 

A global gold rush for buried hydrogen is underway — as hype builds over its clean energy potential

https://www-cnbc-com.cdn.ampproject.org/c/s/www.cnbc.com/amp/2024/03/26/natural-hydrogen-a-new-gold-rush-for-a-potential-clean-energy-source.html

 

UPCOMING EVENTS (please let us know of any upcoming events that we should share)

 

MicroSiemic’s World Geothermal Energy Day Houston at Karbach Brewery October 17

https://www.microseismic.com/world-geothermal-energy-day/

 

NYC NY-GEO 2024 October 21 -23

https://nygeo.growthzoneapp.com/ap/Events/Register/VLzy31bP?mode=Attendee

2025 IGSHPA Annual Conference March 11 – 13

https://igshpa.org/2025-igshpa-annual-conference/

 World Geothermal Congress 2026

More here: https://www.lovegeothermal.org/iga-announces-calgary-as-host-city-for-world-geothermal-congress-2026/ and https://geothermal.org/events/world-geothermal-congress-2026

World Geothermal Energy Day

October 15, 2024 – Engineering, Manufacturing and IT Jobs Fair at Penn State Great Valley – 2-5:00 p.m.

Are you a SEI board member currently hiring at your company in any of the following roles: Product Design Engineer, Process Engineer, Quality Control Engineer, Lean Engineer, Supply Chain Engineer, Data Analyst, A.I. positions and shop floor personnel? Non-board members may register beginning next week. Help us spread the word to college students and other appropriate job seekers using the same link. October 15 | 2-5:00 p.m. | Penn State University, Great Valley https://www.eventbrite.com/e/engineering-manufacturing-and-it-job-fair-tickets-949301104157?aff=oddtdtcreator

June 20, 2024 – Presenter Bios

Richard Moseley from PowerGreen Capital providing clean energy finance for mid-Atlantic commercial and non-profit building owners. Rick has over 30 years’ experience at the nexus of finance, operations, IT, strategy, and entrepreneurial leadership. He recently served as CFO of Cascade Settlement Services, a leading provider of commercial and securities class action claims monetization services.  Prior to that Rick co-founded a small technology services company (Doxentric LLC) that sold AI solutions to large mortgage and healthcare companies. In this capacity he sold and ran several large technology projects, the largest involving 100+ personnel and nine-figure client investment.  For two years he was CTO of a national rollup and IPO (1998) of 26 document management service bureaus.  Before that Rick served as COO and CTO for a PE-backed textile manufacturer which provided a 13X return to original investors on exit.

Rick started his career in Public Finance at Merrill Lynch Capital Markets. After business school he spent two years as a strategy consultant at Monitor Company in Cambridge MA.

Rick attended Brown University and has an MBA from Stanford Graduate School of Business. He lives on a dairy farm in eastern Pennsylvania.

———————————————————-

Jeanne Fields joined Fulton Bank in November 2017 as the Commercial Community Development Lending Officer for the Greater Philadelphia region. In this role, Jeanne provides financing for affordable housing and economic development projects serving low- to moderate-income communities utilizing various tax credit and tax advantaged programs. Much of Jeanne’s banking career, which spans over 35 years and a variety of positions, has been actively involved in community and economic development activities in Philadelphia. Her current volunteer activities include serving on the board and as Treasurer for Community Lenders CDC, serving on the board of Entrepreneur Works and the Entrepreneur Works Fund and serving on the Finance Committee of Germantown Cricket Club.

———————————————————-

Sherwood Robbins serves as Seedcopa’s Managing Director.  In that capacity, he oversees a staff of 8 professionals; interacts with over 35 different banking partners; manages the partner relationships with 14 State-Wide Economic Development Agencies; and assists in the enhancement of Seedcopa’s menu of financing services. Sherwood joined Seedcopa in 2007 as a Relationship Manager to further expand its SBA 504 loan program and to develop SBA and USDA facilitation services for banks looking to enter the Government Loan arena.  Currently, eleven financing institutions utilize Seedcopa’s lender services. Prior to joining Seedcopa, Sherwood spent over 18 years in the banking industry, acquiring real-time experience and developing skills in Commercial Banking, Retail, and the Investment departments.  For ten years, he’s served as a dedicated Government Loan lender, developing an extensive network of business associates.  He enjoys many guest-speaking invitations throughout Pennsylvania each year, covering the key aspects of SBA lending. Sherwood received a Bachelor of Science degree from Shippensburg University.  He currently resides in Birdsboro, PA with his wife and two children.

April 20, 2024 – Happy Earth Day!

Happy Earth Day from SEI!

Here are some of the activities and volunteer opportunities going on in Chester County.

https://www.downtownwestchester.com/event/2024-earth-day-planet-vs-plastic-rally-and-celebration/

https://upperuwchlan-pa.gov/earthday

https://phoenixvillechamber.org/news-events/events/2024-phoenixville-earth-day/

https://www.westwhiteland.org/Calendar.aspx?EID=1627

More information about Earth Day can be found at Earthday.org.

Earth Day 2024 | Activities & Resources for April 22

January 2024 – Microgrids and Hydrogen news

As the Smart Energy Initiative of Southeastern PA expands its working groups to include Microgrids and Hydrogen, we find this article interesting.  Caterpillar Powers Microsoft’s Wyoming Data Center with Hydrogen Fuel Cell and Microgrid Technology | Microgrid Knowledge  If your company is interested in joining SEI, please reach out to Jim Lauckner at jlauckner@ccedcpa.com.  Membership in SEI is free.

February 15, 2024 – 12th Annual Energy Briefing – 8:15 -10:30 a.m.

REGISTER>>  https://SEI-Energy-Briefing-Feb-2024.eventbrite.com

Agenda:

8:15 -8:30 a.m. Check-in, light breakfast, and networking

8:30 -10:20 a.m. Program followed by Q&A

Continue the discussion until 10:30 a.m. in the Gallery

What’s the impact on your business’ bottom-line?

This year’s Annual Energy briefing is for energy related companies which want to learn more about several topics that will impact their business and their community.

  • As the federal government begins to allocate billions of dollars to the states, how will this funding from the Infrastructure Act and the Inflation Reduction Act be distributed into the marketplace? How can your clients and potential clients fund their energy projects with these monies and tax credits?
  • The U.S. Department of Energy (DOE) recently announced $7 billion to launch seven Regional Clean Hydrogen Hubs (H2Hubs) across the nation and accelerate the commercial-scale deployment of low-cost, clean hydrogen. Funded by the Infrastructure Law, the seven H2Hubs will kickstart a national network of clean hydrogen producers, consumers, and connective infrastructure while supporting the production, storage, delivery, and end-use of clean hydrogen. MACH2 is a local project and will be discussed at the briefing.
  • Alternative energy (Solar, CHP, Fuel Cells, Battery Storage.. ect) may be right for the environment but may not always be the best solution based on a company’s utility contracts. Learn what fees make up your power and gas contracts and why? This part of the briefing will discuss the true impacts of alternative energy products on a facility’s actual energy bills. Regardless of if you have alternative energy in mind right now, you can learn more about your utility bill and be able to make some strategic decisions moving forward.

Presenters:

Keynote presentation by Jessica Shirley, Interim Secretary – PA Department of Environmental Protection, which includes the State Energy Office.

Acting Secretary Shirley will share how the Pennsylvania Department of Environmental Protection’s funding from the Infrastructure Act and the Inflation Reduction Act be distributed into the marketplace. Learn how your business and your client’s may benefit from these new programs.

David Ferro, CEO – Optics Consulting LLC

This presentation will include a high level review of the PJM grid followed by how local gas and electric utilities bill their clients. We will explore the many utility invoice line items that are often ignored and explain how alternative energy solutions impact these fee structures both positively and negatively. Examples and case studies will be presented showing both favorable and detrimental scenarios based on the type of utility invoicing. The goal of this program is to educate the audience on how alternative energy projects can affect your “bottom line” allowing for improved decision making.

Thank you to our sponsors!