CORE Knowledge

Heating and cooling as an industry is one of the main offenders when it comes to emissions and accounts for a large pull on the energy sector as well. So, how do you solve the problem of decreasing energy demand while increasing resiliency and sustainability? Geothermal. The Earth has a stable temperature of around 55-70 degrees F depending on depth everywhere in the world and it can be tapped to be utilized for heating and cooling, both residential and commercial. I sit down with Ammar Alali, the CEO of Strataphy to talk about the huge opportunity that sits in front of the geothermal industry and how he and his team are looking to capitalize.  Strataphy https://www.strataphy.com/Ammar Alali https://www.linkedin.com/in/ammar-alali/Ammar's Book RecommendationThe Tipping Point by Malcolm GladwellCORE Knowledge https://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Innovation is at the heart of the energy industry and with geothermal it is no different. Sigurdur Markusson has been involved in a variety of projects that have dealt with harvesting geothermal energy and using it to sustainably produce food and now takes over the role of managing director at GEORG. It is time for collaboration, innovation, and awareness to accelerate for the geothermal industry. GEORGhttps://www.linkedin.com/company/georg-geothermal-research-cluster/about/Sigurdur Markussonhttps://www.linkedin.com/in/sigurdur-h-markusson-8b979729/CORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

The Earth's heat produced from radioactive decay in the core has many benefits once recovered and brought to the surface. Most focus is placed on its ability to provide baseload power, which is important, but arguably the most widespread use case being heating and cooling gets overlooked. Geothermal is ubiquitous throughout the planet, however, it does vary by location the feasibility of extracting the resource, but harvesting low temperature resources can be done most anywhere. Once harvested, the use cases are seemingly endless, heat and cool your home, office building, school, grow vegetables, process dairy, aquaculture, and so much more. I had the chance to sit down with Celia Wells who is the Strategic Developments Manager at GeoExchange NZ and talk about their goals, the size of the prize and what challenges lie ahead.  GeoExchange NZhttps://www.linkedin.com/company/geoexchange-new-zealand/posts/?feedView=allCelia Wellshttps://www.linkedin.com/in/celia-wells-74402291/Celia's Book Recommendation Range by David Epstein CORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Large scale energy infrastructure projects require significant up-front investment and usually carry a considerable amount of risk. How the projects are financed plays a key role in the success of the project and future scalability. Geothermal is no different than the Oil and Gas industry, solar, wind, hydrogen you name it - a lot of money will be needed but will need to be efficiently and effectively deployed to achieve the desired outcome for all stakeholders. I sit down with Amanda Lonsdale at Magnitude Global Finance to talk about the nuances in financing large scale projects, available instruments to mitigate risk, and hurdles still to overcome.  Magnitude Global Finance https://www.linkedin.com/company/magnitude-global-finance/Amanda Lonsdale https://www.linkedin.com/in/amanda-lonsdale-390749/Amanda's Book RecommendationCreating Climate Wealth by Jigar Shah CORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestarihttps://www.linkedin.com/in/nick-cestari-48059268/

World Geothermal Energy Day 2024 - CORE Knowledge got to be a part by helping to raise awareness, be a voice and spread educational content around geothermal and what roles it can play in the energy ecosystem of today and tomorrow. I sit down with Jason Fisher from Blue Spark and Peter Duncan from Microseismic to cover a variety of topics from why they love geothermal to how it has changed the way we look at decarbonizing the globe.  Blue Spark https://www.linkedin.com/company/bluesparkenergy/Jason Fisher https://www.linkedin.com/in/geothermal-fisher/Microseismichttps://www.linkedin.com/company/microseismicinc/posts/?feedView=allPeter Duncan https://www.linkedin.com/in/petermduncan/CORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/Gallanthttps://www.linkedin.com/company/gallantculture/posts/?feedView=all

Today's episode brings a perspective from a company that gets to be a part of a myriad of geothermal projects all across the globe. Steam Geothermal, an owner's engineering consultancy specializes in simply coming in alongside the developer to fill gaps where their expertise is lacking on top of being a voice for the geothermal sector around the world. We sit down with William Thompson, Strategic Development Director at Steam about how he got lured into geothermal, helped with a complete rebrand and now how he is leading Steam's efforts in championing geothermal plus aiding in developing truly transformational projects. Steam Geothermal https://www.linkedin.com/company/steam-geothermal/posts/?feedView=allWilliam Thompson https://www.linkedin.com/in/twilliamthompson/William's Book recommendationMeditations by Marcus AureliusCORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/ 

Australia is no stranger to natural resources; they are a powerhouse in the mining and petroleum industry and now are a burgeoning developer in the renewable energy space.  With energy security and sustainability top of mind for many in today's world, Australia is tackling this by exploring all potential solutions. One, however, may just hold the golden ticket for them once again to become a powerhouse - geothermal. Come, listen into my conversation with Adam Stepanoff of Whitebark Energy Ltd., a leader in the space, with some of the first and largest permitted areas for geothermal exploration and development to learn about some of the hurdles and opportunities the country faces.  Adam Stepanoff https://www.linkedin.com/in/adam-stepanoff-70267265/Whitebark Energy Ltd. https://www.linkedin.com/company/whitebark-energy-limited/posts/?feedView=allAdam's Book Recommendation The Courtneys of Africa by Wilbur Smith CORE Knowledge https://www.linkedin.com/company/core-geothermal/?viewAsMember=trueNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

When designing and developing a project, it is important to consider the full generation life cycle in order to incorporate efficiencies, cost savings, safety measures, inclusivity, and so much more. In the case of geothermal, it allows for innovative thinking around how to incorporate a mindset of circular economy benefits and engaging with the local community to ensure mutual benefit. I had the pleasure of sitting down with Greg Thompson, the acting CEO at the time of the interview at MB Century and the Director of International BD, Robert Mandjes to discuss the rich history of MB Century and how they are innovating and continuing to lead in the design and development of various energy projects across New Zealand. MB Century https://www.mbcentury.com/Robert Mandjeshttps://www.linkedin.com/in/robertmandjes/Greg Thompson https://www.linkedin.com/in/greg-thompson-5173831a/CORE Knowledgehttps://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/ 

Often times in the midst of forging a new path, discovering a new breakthrough technology, or simply applying a new technique or theory it is hard to think about what the future might hold. In this case, Devon Energy was pioneering the deployment of fiberoptic cables permanently downhole to help analyze many facets of their operations and now in the heat of the energy transition, they have teamed up with a leading geothermal energy developer, Fervo Energy to yet again forge a new path. Come join the riveting coversation with Kyle Haustveit, Manager of Devon Energy Ventures as we discuss how the past is helping lead the way for the future and how Devon is playing a role.  Kyle Haustveit https://www.linkedin.com/in/kyle-haustveit/ Devon Energy https://www.devonenergy.com/Kyle's Book recommendationThe War below and Elon Musk by Walter Issacson CORE Knowledge https://www.linkedin.com/company/core-geothermalNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/

Always been interested in learning more about the circular economy? How does geothermal fit in? Can we create a truly self-sustaining ecosystem? Come listen in to my conversation with Helga Johannsdottir, Manager of Business Development at ON Power Iceland where we talk about their geothermal park and how they are creating a circular economy. Their model is not isolated to just Iceland and their hope as well as mine is that they can be an example for many others to create something similar.  Helga Johannsdottirhttps://www.linkedin.com/in/hkjohannsdottir/ON Power https://www.on.is/Helga's Book Recommendation The Power of Habit by Charles DuhiggCORE Knowledge https://www.linkedin.com/company/core-geothermal/?viewAsMember=trueNick Cestari https://www.linkedin.com/in/nick-cestari-48059268/