[Rockhounds] Company Plans to Dig World's Deepest Hole to Unleash Boundless Energy

[Thomas Yancey]

This is not an academic idea. Very deep drilling has been attempted on the Kola Peninsula and made the deepest borehole ever produced, but the heat and movement of rock was so great the work had to be abandoned. 

Sounds like an attempt to fleece money from people with too much wealth. There probably are economic advantages to such a scheme that have nothing to do with actual drilling.

Tom Yancey

> On Mar 11, 2022, at 6:26 AM, Mike Flannigan <mflan at mflan.com> wrote:
> 
> Their drilling scheme sounds like pie-in-the-sky
> academia thinking to me.
> 
> 
> Mike
> 
> 
> On 3/11/22 05:44, rockhounds-request at rockhounds.drizzle.com wrote:
>> Date: Thu, 10 Mar 2022 20:55:14 -0500
>> From: Kreigh Tomaszewski<kreigh at gmail.com>
>> To: "Rockhounds at drizzle.com: A mailing list for rock and gem
>> 	collectors"	<rockhounds at rockhounds.drizzle.com>
>> Subject: [Rockhounds] Company Plans to Dig World's Deepest Hole to
>> 	Unleash Boundless Energy
>> Message-ID:
>> 	<CACibpJ+LR3=QjKfeNK6j707zpM-8ymX+gW_i1FTeg1KOhFUfMg at mail.gmail.com>
>> Content-Type: text/plain; charset="UTF-8"
>> 
>> A company that plans to drill deeper into Earth than ever before, creating
>> holes that would extend a record-shattering 12 miles under our planet?s
>> surface, has raised a total of $63 million since its launch in 2020.
>> 
>> Most recently, Quaise Energy, a startup that aims to revolutionize the
>> geothermal energy market, secured $40 million in series A funding in
>> February, reports Axios. The goal of these super-deep holes is to access a
>> limitless amount of renewable energy from the heat deep inside Earth.
>> 
>> "This funding round brings us closer to providing clean, renewable baseload
>> energy," said Carlos Araque, CEO and co-founder of Quaise Energy, according
>> to BusinessWire. "Our technology allows us to access energy anywhere in the
>> world, at a scale far greater than wind and solar, enabling future
>> generations to thrive in a world powered with abundant clean energy."
>> 
>> Geothermal energy has a low profile compared to other renewable energy
>> sources such as solar, wind, and hydro, but Quaise believes it is ?at the
>> core of an energy-independent world,? according to the company?s website.
>> This form of energy is among the oldest power sources harnessed by humans,
>> but it only accounts for about 0.4 percent of net energy production in the
>> United States, which is the world?s biggest geothermal producer.
>> 
>> https://linklock.titanhq.com/analyse?url=https%3A%2F%2Fwww.vice.com%2Fen%2Farticle%2Fg5qknw%2Fcompany-plans-to-dig-worlds-deepest-hole-to-unleash-boundless-energy&data=eJx1jcEOwiAMhp9mu7HMbU4vHDTGu4kvgFAHGQOkIG5PL9vJi0nT_s3Xvz-n_U50x4b1ragPTSmot3yUNhqBlfBqWTRU3E7lRE38pAvw803esUQ6PTUzRVdvczvxP94M_jyKVIbgsGhPRXPNlVKq3opvMK9gcmM-KK4hq2H_Gk3KIlPHzExcTkMSLBFqIMl6LZAIAAcYiLQaVhSNBoaSPNZ0DYgEDPhh_gJux1Sg
> 
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