A breakthrough for geothermal energy.
"This is the first time an energy company has shown that an EGS can work on a commercial scale, according to Bloomberg. It's been a long road to reach this point, as scientists have been trying to make EGS a reality since the 1970s."
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"The company is hoping to replicate its success at a site in Utah. If Fervo sees similar results there and it successfully implements design upgrades to maximize output, the site is expected to generate enough electricity to power 300,000 homes simultaneously, Latimer said. That's around a quarter of all homes in Utah."