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23 Nov 2024

IGA and Seequent Enter Strategic Agreement to Boost Geothermal Progress

23 Nov 2024   

The International Geothermal Association and Seequent have entered into a partnership to position geothermal as a vital contributor to the energy transition.

Seequent, The Bentley Subsurface Company, has announced a strategic partnership with the International Geothermal Association (IGA) to boost

geothermal energy’s role as a sustainable and reliable renewable energy source.

“Geothermal energy has been overlooked as a reliable and sustainable energy source. It is uniquely positioned to provide this, and partnerships like this are essential to accelerating its growth. We are excited to partner with Seequent, whose technological innovations in subsurface modelling bring clarity to geothermal development, empowering countries to leverage this clean energy resource and drive meaningful progress toward global net zero goals,” said Marit Brommer, Chief Executive Officer of the IGA.

“We encourage other industry leaders and companies to join and amplify promotion of geothermal, as collaborative efforts are key to unlocking geothermal’s full potential for a sustainable future.”

“Seequent is honoured to partner with the International Geothermal Association for the next two years. We will work with global partners to build clear and consistent messaging for the industry, positioning geothermal as a vital contributor to the energy transition. We will also work together to promote best practice and partner on major events, including as a Diamond Sponsor in the digitalisation category for the 2026 World Geothermal Congress,“ added Graham Grant, Chief Executive Officer of Seequent.

Addressing the unseen challenges of the geothermal industry

Seequent and its software products have a played an important role in the global geothermal industry, supporting more than half of the world’s geothermal electricity production and bringing clarity to the complex and unseen challenge of managing subsurface resources. The company has long been at the forefront of technical advancements in the industry, for example, bringing geothermal energy directly to heat homes in Paris and Munich.

Seequent’s latest innovations include adding new physics capabilities to its software to trace fluids more accurately, ultimately leading to more efficient resource management and a more sustainable geothermal operation.

“An emerging use case for geothermal is the rise of hyperscale AI-enabled data centres which represent a rapidly emerging new form of power demand requiring reliable baseload, or consistent, power supply. Geothermal is the cleanest form of renewable energy able to provide this baseload power and should play a key role in future data centre strategy globally,” further said Graham Grant.

Seequent customer Fervo Energy is applying oil and gas technology to find new ways to produce geothermal energy for Google’s data centres in the Nevada desert.

Jack Norbeck, chief technology officer and co-founder, Fervo Energy, said: “Seequent’s partnership with the International Geothermal Association marks an important step in advancing the role of geothermal in the global energy transition. At Fervo, we’ve experienced firsthand how Seequent’s technologies enhance our ability to manage and optimise geothermal reservoirs. This collaboration promises to support the industry’s growth, helping unlock geothermal’s potential to deliver sustainable, around-the-clock energy to meet the world’s growing demand for clean power.’

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