Background

Matching the needs of the data centre industry with geothermal power

Background
Decarbonising our digital infrastructure sector with geothermal energy

Solution Energy’s FGC Technology:
A New Path To Scale Geothermal Power

Solution Energy’s (FGC) technology converts suspended wells into multi-MW, 20 year geothermal power generators. By eliminating new well drilling costs and leveraging existing but underutilized plant capacity FGC unlocks some of the fastest and cheapest renewable baseload power in the industry.

What is FGC Technology?

FGC is a novel combination of two proven technologies. The first is a proprietary downhole heat exchanger (leveraging 3D printing innovations pioneered in the aerospace industry) and the second is a high temperature Electric Submersible Pump (developed by oil field giants such as SLB to move subsurface fluids in geothermal and hydrocarbon settings).

By combining these two proven technologies to create an entirely new downhole system the FGC technology unlocks power from suspended or underperforming wells and makes geothermal power commercially attractive in locations where it otherwise would not be.

What is FGC Technology
Field Trials: Proving FGC's Game-Changing Potential

Our lab test results and upcoming field trials are to validate FGC’s ability to:

  • Produce Power From Suspended Wells: Produce and sustain MW’s of power from non-productive wells
  • Deliver Fast Power: Achieve rapid deployment by using existing non-productive wells and infrastructure to ‘host’ the FGC system slashing project timelines to months.
  • Scale Cost-Effectively: Leverage existing unutilized plant power generation capacity to deliver low LCOE power from already depreciated assets and drive widespread adoption.

By focusing first on existing geothermal fields, FGC units can potentially be deployed in 100’s or even thousands of non productive geothermal wells unlocking GW’s of baseload power.

Implications for the Geothermal Industry

Successful FGC trials could transform geothermal energy by:

1. Reviving Non-Productive Wells
  • Geothermal Well Reuse: Restore underperforming geothermal wells, reducing costs and boosting output in fields with existing infrastructure.
  • Oil and Gas Well Conversion: Repurpose abandoned oil and gas wells, tapping into vast, untapped geothermal potential worldwide.
2. Scaling Baseload Power
  • Fast Deployment: Deliver power in months using existing wells, supporting grids with reliable, 24/7 zero emission energy
  • Global Impact: Enable drilling-free geothermal in regions with dormant wells, complementing intermittent renewables.
3. Broader Applications
  • Greenfield Development: Expand geothermal to non-traditional regions with moderate-temperature resources.
  • Industrial Cooling: Utilize FGC’s heat exchanger for efficient waste heat management in industrial processes.

The Future of Geothermal with FGC

Independent laboratory testing has already validated that the FGC is 8x more efficient than conventional closed-loop systems. In some settings, the technology has the potential to restore the initial well productivity with minimal parasitic load. If these results are confirmed during our upcoming field trial campaign, Solution Energy in partnership with well owners and oil-field service partners plans to roll the technology across thousands of “suspended” wells, targeting multiple gigawatts of green baseload output within the coming decade. Converting stranded subsurface infrastructure rather than abandoning it stands to deliver one of the lowest-cost, fastest-to-market renewable baseload options available anywhere in the world.

Interested in learning more, reach out here info@solutionenergy.com.au

Solution Energy Boosts Geothermal Research in Australia

Solution Energy is partnering with the University of Newcastle to advance geothermal research in Australia. By supporting feasibility studies and investing in innovative technologies through the Newcastle Institute for Energy and Resources, we are unlocking the nation’s vast geothermal potential. Our commitment accelerates the adoption of sustainable, carbon-free energy solutions, contributing to Australia’s energy independence and global carbon reduction goals. Together, we are paving the way for a cleaner, more reliable energy future.

https://blog.google/intl/en-au/company-news/outreach-initiatives/geothermal-energy/

The renewable energy transformation

Solution Energy is at the forefront of the renewable energy transformation by harnessing geothermal energy to provide sustainable, high-capacity power solutions. Our mission is to drive the transition to renewable baseload power, ensuring a cleaner and more resilient energy future. The high capacity factor of geothermal (+90%) matches the load profile of data centres, particularly AI training data centres (+90%).

Solution Energy is partnering with data centre owners to advance a new renewable energy option that can match the load requirements of modern data centres and also advance the decarbonisation of Australia's energy grid.

GCP sustainability * https://cloud.google.com/blog/products/infrastructure/google-fervo-geothermal-project-creates-carbon-free-energy
background

Geothermal Energy Development

Solution Energy is focused on developing Australia’s geothermal resources leveraging advanced drilling technologies and innovative heat extraction methods to maximise the efficiency and sustainability of geothermal plants.

Exploration Licences

project image

EL9591

Hunter Valley, NSW
project image

EL 13/2021

Fingal Valley, TAS
project image

SEL 21/2022

Lemont, TAS

Solution Energy currently holds several geothermal exploration licences, including granted licences EL 9591 in the Hunter Valley in NSW, EL 21/2022 in Lemont and EL 13/2021 in Fingal Valley in Tasmania. We invite parties interested in expanding their data centre pipeline, developing existing exploration licences or applications, or partnering to develop geothermal generation capacity to reach out to us. For partnership inquiries, please contact us at info@solutionenergy.com.au.

Community
Source: http://youandmecleanenergy.com/

Strategic Regional Focus

Our commitment to regional development is central to our business model. We seek locations with rich geothermal resources and proximity to key infrastructure and markets. By focusing on regional areas, we aim to stimulate local economies, create jobs, and contribute to sustainable growth.

Regional Development and Community Engagement

At Solution Energy, we recognise the importance of community engagement and the role of regional development in our success. We are dedicated to repurposing and retraining workforces in rural Australia to support our geothermal plants and data centre campuses. By creating new job opportunities and investing in local communities, we aim to drive economic growth and enhance the quality of life in the regions where we operate. Our commitment to community engagement ensures that our projects benefit not only our partners and stakeholders but also the people and communities that host our operations.

Background

Why Now for Geothermal Energy in Australia?

Recent technical innovations to reduce costs and improve the productivity of geothermal power plants could not have come at a better time for the Australian energy transition. Geothermal energy provides firm renewable power with a low visual and land footprint. These innovations have unlocked new possibilities for tapping into Australia's abundant geothermal resources.

The increasing demand for renewable baseload power, driven by the global push for decarbonisation and energy security, has created significant opportunities for geothermal energy. Australia's unique geological conditions and extensive land areas support the development of large-scale geothermal projects. At Solution Energy, we are leading the effort to develop geothermal energy solutions that are both economically and environmentally sustainable.

Community
Community
Source: https://www.txgea.org/wp-content/uploads/2023/01/The_Future_of_Geothermal_in_Texas_Executive_Summary.pdf
background

About Us and our Our Vision

We are a team that combines geophysics and geothermal expertise with technology commercialisation and major infrastructure project development. By pioneering geothermal energy solutions and supporting the development of sustainable data centres, Solution Energy is paving the way for a future where clean, reliable, and affordable energy is accessible to all. We are hiring and looking for passionate and talented people to help make geothermal power a reality. If that sounds like you, reach out to us here: info@solutionenergy.com.au.