Austin Energy
Summary
Continuing as a leader in clean energy innovation, Austin Energy is partnering with Exceed Energy Inc. to pilot a first-of-its-kind advanced geothermal project near its Nacogdoches biomass-generating facility. The pilot is expected to be online and producing carbon-free electricity in 2025 and could signal the next green energy innovation in Texas.
With new technology and exciting opportunities to scale up energy production, the geothermal effort has the potential to change the energy landscape in Texas and create a more reliable pathway to a cleaner, greener grid. While Austin Energy is already the most environmentally sustainable utility in Texas, far exceeding statewide and national averages for carbon-free energy, it always seeks new ways to provide clean, reliable energy to the grid.
“Geothermal technology for energy generation holds great promise and we are excited to advance innovation in this space," said Mike Enger, Austin Energy’s Vice President for Energy Markets and Resource Planning. “This pilot will allow us to learn about any unforeseen challenges and better understand if those challenges can be overcome safely and economically. Based on what we learn, in the future, we may be able to scale up geothermal to further diversify our clean, renewable supply portfolio.”
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