9 MARCH 2022 WorldWide Drilling Resource® New Alliance for Geothermal Energy The Texas Geothermal Energy Alliance (TxGEA) advocacy group, created to advance geothermal energy in Texas, officially launched operations. This broad interdisciplinary group of entities is engaged in geothermal resource exploration, well drilling, plant construction, resource production, and markets creation. TxGEA includes representatives from the oilfield service sector, gas & oil operators, utilities, start-up companies working to advance geothermal relevant technologies, scientists and engineers from several Texas universities, and leading environmental organizations advocating Texas public policy solutions. The Texas energy sector has benefitted tremendously from a diversified energy portfolio which has included oil, natural gas, wind, solar, coal, and nuclear power. In addition to these, Texas has the opportunity to utilize undeveloped geothermal resources in the near-term to produce reliable and secure baseload electricity. Geothermal plants can operate 24 hours a day with a steady output, regardless of environmental conditions, and are not subject to the unpredictability and voltage swings other energy resources face. Geothermal plants can also ramp up or down quickly, adjusting to the changing needs of the power system and act as a flexible power source in addition to baseload. Barry Smitherman, past chairman of the Public Utility Commission of Texas and past chairman of the Texas Railroad Commission, who is guiding the formation of TxGEA said, “The rise of geothermal energy is coming at a pivotal time in Texas. The technological advances, coupled with energy market incentives and a supportive legislative and regulatory framework, will unleash tremendous geothermal energy potential, as well as position Texas as the global epicenter of next-generation geothermal innovation.” For a link to this website, visit this page at: worldwidedrillingresource.com www.starironworks.com 257 Caroline Street Punxsutawney, PA 15767 800-927-0560 • 814-427-2555 Fax: 814-427-5164 SERVINGTHECONSTRUCTION INDUSTRY Serving the Drilling Industry
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