The Untapped Energy Source That Could Power the Planet | Jamie C. Beard | TED

64,705 views ・ 2021-10-28

TED


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00:12
[Countdown]
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[Take action on climate change at countdown.ted.com]
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The core of the Earth is 6,000 degrees Celsius.
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It's the same temperature as the surface of the Sun,
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but it's not 94 million miles away,
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like the extra terrestrial sun is.
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It is right here beneath our feet.
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Really, literally right there.
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But we don't think about this, right?
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I mean, when you go outside,
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you walk barefoot, you don't burn your feet.
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The Earth's crust is an incredible insulator,
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and it keeps this massive,
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inexhaustible heat source beneath us invisible.
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But if you've ever visited Iceland or an active volcano,
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you've got geysers and steam vents and lava.
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These are surface manifestations of the incredible amount of heat
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that lies beneath us.
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Anywhere and everywhere in the world.
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And we don't have to drill very far to reach temperatures
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that far exceed what we would need to power the world thousands of times over
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for all of civilization.
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Pretty cool, right?
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So we got to get to it.
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How do we do that?
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Let's tap it. Let's tap it fast.
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I'm a climate activist.
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I am very worried about climate change.
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It keeps me up at night.
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So we need to make this happen, right?
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So how?
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So I'm here with good news about that and also a proposition.
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Let's do the good news first.
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There are teams of innovators right now in the field
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that are working on figuring out how to most efficiently
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and effectively tap this enormous heat source beneath us.
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And they are running sprints,
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and I'm not talking about the type of geothermal that you find in Iceland.
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That's easy to get to.
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It's shallow, it's close to the surface,
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and in those places in the world, we already have geothermal energy.
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I'm talking about making geothermal energy accessible
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anywhere and everywhere in the world that energy is needed.
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But in order to do that,
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we've got to figure out how to mimic the conditions
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that occur in places like Iceland, right,
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that make geothermal easy to tap and extract and harvest.
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And those conditions are hot rocks,
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pore space in the rocks
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and water filling those pores.
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Those conditions seem simple,
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but they actually occur naturally in very, very few places in the world, right?
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And that's why we don't have geothermal energy everywhere.
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We have it in just a few places.
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But the past couple of decades,
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there have been really disruptive and breakthrough technological innovations
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that enable us to engineer the subsurface
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to mimic Mother Nature's geothermal.
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So technological innovations
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like high-pressure and temperature-drilling technologies
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that were developed for offshore oil and gas exploration.
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Technologies like directional drilling,
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where no longer we can just drill straight down,
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but instead we can actually turn and steer drill bits
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to reach very precise and specific locations
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in the subsurface, miles underground.
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And we can also fracture rock now,
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which means that we can create pore space
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where pore space does not exist naturally.
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So if you take these innovations that I just listed
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and you put them all together,
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you end up enabling an entirely new breed of scalable geothermal concepts.
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Geothermal concepts can be done anywhere in the world.
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So, for instance now,
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we have engineered geothermal systems or EGS.
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In this concept, several wells are drilled,
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at the bottom of the well the rock is fractured.
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It creates a reservoir under the surface.
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Think of it as a pot where you boil your water underground, right?
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You send a fluid down,
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it percolates through the fractures.
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It comes back up really hot,
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and we use it for all sorts of interesting and important things
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like heating buildings directly.
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Or we can run it through a turbine to produce electricity.
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Now, EGS can take a lot of forms.
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This is an area of intense innovation right now.
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You can engineer these systems in a variety of ways,
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but the basic concepts stay the same.
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Then we have closed-loop systems.
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Closed loops are pretty new.
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It's another really hot area of innovation.
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Same concept, basic is EGS,
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you have one or more wells drilled,
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you create a reservoir underground,
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but in closed loops,
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instead of fracturing to create that reservoir underground,
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it's entirely drilled, like a radiator in the rock.
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And they take many forms too, just like EGS, check it out.
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You can see in closed-loop systems how useful it is to be able to turn
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and steer that drill bit right?
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Totally enabling in terms of getting these concepts to work.
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Another really cool aspect of closed-loop systems,
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another fierce area of innovation right now,
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is what we're putting in these systems as the working fluid to harvest the heat.
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Most of the time it's water.
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But what if we could optimize a fluid to perform better than water?
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So it heats up faster than water at lower temperatures than water.
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And the really cool thing about closed loops
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is the going candidate, right,
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one everybody loves right now
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to put in these systems to most efficiently harvest heat
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is actually a substance that's the center of our climate angst right now.
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It's around us in excess in abundance.
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It's CO2.
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Super cool.
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So then there's hybrids, not the cars, geothermal hybrids.
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You take the best of both worlds, right?
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You get the increased surface area
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and heat that you get from fracturing rock.
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You combine that with a closed-loop well design
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so you can use that optimized fluid.
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The goal of hybrid systems is to extract the most heat,
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minimize drilling costs.
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So that's what's happening right now.
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A lot of innovation.
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It's really, really cool.
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But these concepts,
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none of them are without their technology challenges.
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But y’all, these are not moonshots.
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They are not moonshots.
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We are talking about making very incremental changes
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to existing technologies, methods and techniques
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with an eye on more hotter and deeper geothermal development.
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And these also aren't just ideas.
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There are teams right now in the field demonstrating these concepts.
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Teams like Sage Geosystems, a team that I mentor.
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This is a well that they are demonstrating this summer
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in -- get this -- Texas.
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Not in Iceland, not on the side of a volcano,
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not in the ring of fire.
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This is a Texas pasture
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where you would never suspect the enormous geothermal resources
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that lie below.
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And this well is an existing abandoned oil and gas well
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that they have repurposed for this geothermal demonstration.
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If all goes well with this demonstration,
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by 2022, that is next year,
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they will have a geothermal power plant in Texas.
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There are dozens of examples like this, right now in the field.
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These are all start-ups.
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They're out there proving geothermal concepts,
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new technologies, new drilling,
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the concepts that I showed you in the slides.
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We are in the midst of a geothermal renaissance.
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In the past 18 months,
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more geothermal start-ups have launched than in the past 10 years combined.
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If even one of these start-ups is successful
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at proving a scalable geothermal concept,
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we are literally off to the races in developing this massive,
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reliable 24/7 clean energy source anywhere in the world.
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And by off to the races, I mean that, right?
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Like, we got to go.
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The clock is ticking, we need scale.
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It's going to be cute if it works,
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but we've got to have global scale.
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So how do we do that?
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It brings me to my proposition.
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So it turns out that there is an industry that is perfectly positioned
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to take us from the few geothermal power plants we have today
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to the hundreds of thousands that we need to meet demand.
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The industry that everyone loves to hate,
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who cares about the environment and climate,
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is that industry.
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To scale geothermal, what do we need to do?
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We need to efficiently, effectively and safely drill below the surface
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over and over and over and over again.
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And who does that now?
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The oil and gas industry does that now.
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The oil and gas industry
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is a global specialized workforce of millions,
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backed by almost 200 years of breakthrough technological innovation,
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all aimed at exploring for, drilling for
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and producing energy from deep underground.
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You flip the switch and you have green drilling.
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And oil and gas keeps its current business model,
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the business model that keeps them firmly rooted in hydrocarbons now.
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They're doing what they know how to do,
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which is exploring for, drilling for
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and producing a subsurface energy asset.
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But what we're talking about here is a pivot
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from hydrocarbons to heat.
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A global workforce of millions, highly skilled and trained
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doesn't need to be retrained.
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They can keep doing what they already know how to do.
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But this time around for clean energy.
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If we're able to pull this off and team up to do it,
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we are talking about the ability to meet world energy demand.
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We are talking about the ability over the next few decades
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to put more geothermal energy on the grid
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than we currently have in dirty energy.
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Geothermal energy at oil and gas scale.
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So I bet I know what some of you are thinking
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because I was that person to like, I used to think it.
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And so I will tell you how I got from there to here.
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I used to feel
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that we just needed to let the oil and gas industry go away.
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So I'm a climate activist and a lifelong environmentalist,
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the kind that would have chained myself to a tree if I needed to,
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of that flavor.
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I grew up and got a job, became an energy lawyer
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and then an energy entrepreneur,
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and entrepreneurship took me out into the field for product deployments,
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and I ended up living on drill rigs.
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And I had a complete epiphany,
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it was a total mind shift,
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bias out the door.
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Because I got to know many individuals in the oil and gas workforce.
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And y'all that grit.
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I mean, it is incredible grit.
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Those people are there for it.
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But I also got to know the amazing technological innovations
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of that industry.
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And what I've come to believe is those are assets.
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The workforce, the technologies,
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they are assets that we can leverage now to solve climate change.
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So what I do for my job
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is I recruit oil and gas veterans to the cause of geothermal.
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If we want to turn the ship,
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we recruit the sailors.
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And it's working.
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So there's good news.
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Do you remember that slide I showed you with all the start-ups,
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the geothermal start-ups that are in the field?
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A good many of those teams are actually oil and gas veterans.
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Sage Geosystems with their Texas well.
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That is an all-oil-and-gas team
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with almost 300 years of collective experience
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at entities like Shell, BP, Halliburton and Weatherford.
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Y'all, that is really interesting, right?
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I mean, that world take notice
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because what this is is oil and gas brains actively reinventing themselves,
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using everything they know
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that they learned in their entire oil and gas experience
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to solve climate change.
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But it's also interesting
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because this new flourish of entrepreneur, you know,
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oil and gas veteran turned geothermal entrepreneur
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is helping the oil and gas industry engage actively with this problem set.
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They speak the language of oil and gas.
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They understand the business models of oil and gas.
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They are out building partnerships and relationships
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with oil and gas entities
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that are based on decades of trust and experience
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they have with one another.
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In the past six months,
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geothermal start-ups have closed more than 100 million dollars in funding deals
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with oil and gas entities as funding partners.
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We are at the beginning of a huge and exciting shift here.
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If it's the best and brightest minds in oil and gas
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who are off launching geothermal companies,
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then y'all, this very well may be
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the future of the oil and gas industry itself.
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But here's my worry.
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So say oil and gas grabs the reins here, takes us to global scale fast,
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exponential growth.
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We put terawatts of geothermal energy on the grid.
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Are we going to fight about this?
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The thing that I love about geothermal
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is that it gives us all a way around ourselves, right?
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A way around extreme polarization.
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Environmentalists and drillers,
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dogs and cats, right and left,
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we all get what we want.
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Clean energy where we need it,
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climate change solved,
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energy poverty solved
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and drillers keep drilling.
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If we build the right collaborations here
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and unite behind a shared vision,
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we solve energy in the next 30 years.
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We change the conversation
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from worrying about whether we're going to meet 2050 climate goals
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to how they look kind of lazy.
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We can do this.
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We've just got to drill the limit.
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Thank you.
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(Applause)
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