Every time I am "forced" to read TechCrunch, I feel like I am reading an LLM summary of a company PR release. Anyone else? This article is
so short on facts.
Title of the article: "World’s first enhanced geothermal power plant completed..."
A quick Wiki search shows a page for "Enhanced geothermal system"[1]. There is a list of projects. There are more than 50+ existing projects using EGS starting from the 1970s! What exactly is the "world's first" here?
> The power plant synchronized with the grid about a week ago, bringing online the first third of what will soon become a 100-megawatt power plant.
They brought 33MW online. Yay. Instead, you hide it behind "first third of 100MW".
What about cost? Nothing from TechCrunch. I found better analysis here[2]. Look at this savage quote:
> At $7,000 per kW for Phase 1 against the $2,157 per kW Canary Media gives for a 2025 gas plant
Initial build cost is 7K USD per kW. Solar plus battery and a touch of wind wins by a long shot.
[1] https://en.wikipedia.org/wiki/Enhanced_geothermal_system
[2] https://mgrid.org/2026/09/27/fervo-first-power-cape-station-...
Title of the article: "World’s first enhanced geothermal power plant completed..."
A quick Wiki search shows a page for "Enhanced geothermal system"[1]. There is a list of projects. There are more than 50+ existing projects using EGS starting from the 1970s! What exactly is the "world's first" here?
They brought 33MW online. Yay. Instead, you hide it behind "first third of 100MW".What about cost? Nothing from TechCrunch. I found better analysis here[2]. Look at this savage quote:
Initial build cost is 7K USD per kW. Solar plus battery and a touch of wind wins by a long shot.[1] https://en.wikipedia.org/wiki/Enhanced_geothermal_system
[2] https://mgrid.org/2026/09/27/fervo-first-power-cape-station-...