Geodyn Solutions + Strategic Partners $10B U.S. Geothermal Buildout to Power the AI Era (2025–2035)
Geodyn Solutions + Strategic Partners $10B U.S. Geothermal Buildout to Power the AI Era (2025–2035) Executive summary Plan: Invest $10B to develop a balanced ~2.0 GW portfolio of firm, 24/7 geothermal across the U.S. (≈15.8 TWh/yr at 90% CF). Mix of brownfield hydrothermal expansions and enhanced geothermal systems (EGS) in the Great Basin + select hot-rock basins. Why now: Breakthroughs and first commercial EGS (e.g., Fervo’s 500 MW Cape Station) show rapid scalability. (fervoenergy.com, IRS) The U.S. Enhanced Geothermal Shot targets 90% cost reduction by 2035—putting geothermal squarely in firm-clean territory. (USGS) Data-center/AI load is exploding; U.S. data-center power demand is projected to double by 2030—driving premium pricing for around-the-clock, carbon-free power. Economics (base case): Blended CAPEX ≈$5,000/kW, fixed O&M ≈$151/kW-yr (EIA benchmark for binary geothermal). Unsubsidized LCOE for modern geothermal shown ~$66/MWh (Lazard v18). (U.S. Energy Information Administration) Returns: With $85/MWh average offtake…
