Fervo Energy Secures Final Approval for Utah Geothermal Power Plant

Fervo Energy, a Houston-based company specializing in geothermal energy, has obtained the final approval from the U.S. Bureau of Land Management to build a power plant in Beaver County, Utah. This approval comes 18 months after the company commenced drilling for its Project Cape, highlighting the lengthy permitting processes currently associated with geothermal projects on public lands. In response, the Bureau is proposing a new categorical exclusion to streamline and expedite future geothermal project approvals, aiming to reduce redundancy and accelerate the development of renewable energy sources. Fervo’s CEO, Tim Latimer, expressed optimism that these regulatory changes could shorten the permitting timeline to less than five years, facilitating more rapid deployment of geothermal energy projects across the United States. Read more.