Quaise Energy partners with Nevada Gold Mines to retrofit power plant with geothermal energy

Quaise Energy has partnered with Nevada Gold Mines (NGM) to explore deep geothermal energy for decarbonizing NGM’s TS power plant. 

This collaboration aims to hybridize on-site power generation by utilizing geothermal heat from NGM’s land and subsurface resources, reducing reliance on fossil fuels and greenhouse gas emissions in the mining sector.

This marks the first commercial pilot to retrofit a fossil-fuel-based power plant for geothermal energy. 

Quaise Energy’s millimetre wave drilling technology will access high-grade geothermal heat, advancing from field trials to full-scale deployment. 

The project aligns with NGM’s 2030 target of a 30% reduction in greenhouse gas emissions and complements its recently completed 200 MW solar power plant and ongoing TS plant upgrade to cleaner-burning natural gas.

Quaise Energy CEO Carlos Araque emphasized the transformative potential of deep geothermal energy for decarbonizing industries like mining, citing its superior power density and cost-competitive advantages. With deep geothermal wells offering broader geographic viability and significantly higher power generation potential, the technology is poised to play a critical role in the global energy transition.