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Geothermal is the only baseload renewable energy source that produces heat. The venture capital investment in Geothermal has significantly increased in the last 3 years. The article discusses the challenges that geothermal energy faces to become a leading player in the net-zero world and the promising recent scaleup results. Link: https://jpt.spe.org/a-grand-challenge-update-geothermal-energy By Jeffrey R. Bailey , Taylor Mattie , Tim Lines , Daniel Merino-Garcia Thanks to Thomas Halsey and SPE for coordinating this article series. Thanks also to our technical section board members - Anuj Gupta , ...

Research & Development Competition The oil and gas E&P industry faces big challenges to meet the world’s growing energy needs. And we don’t have all the answers. For that reason, the Society of Petroleum Engineers (SPE) is holding an R&D Competition specifically to encourage researchers from the basic sciences and other engineering disciplines to engage in our challenges. The competition focuses on six Grand Challenges identified by the SPE R&D Committee (follow the links to additional detail on each challenge): Increasing recovery factors from oil and gas fields In-situ molecular manipulation ...