The Gigawatt Company

In this section, we aim to broaden the perspective on why to invest in geothermal energy compared to other renewable energies, the efficiency that geothermal energy provides in technical and economic terms, and where it is profitable.

Grid Stability

David Morales / Mechanical Engineer

Maintenance

Grid Stability

Geothermal Energy

Geothermal energy utilizes the accessible thermal energy from the Earth’s interior. Heat is extracted from geothermal reservoirs using wells or other means.

Reservoirs that are naturally sufficiently hot and permeable are called hydrothermal reservoirs, whereas reservoirs that are sufficiently hot but that are improved with hydraulic stimulation are called enhanced geothermal systems.

Once at the surface, fluids of various temperatures can be used to generate electricity. The technology for electricity generation from hydrothermal reservoirs is mature and reliable, and has been operating for more than 100 years.

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What is moving us ?

What significant advancements has Non-Traditional Geothermal energy made in the past 10 years, and what is this technology's current status and future direction? Developed countries like Germany, the USA, and Austria face challenges due to lacking baseload power. This issue could have even more significant impacts on the economies of developing countries like Guatemala. The absence of energy security and efficiency can lead to economic stagnation. No society can achieve prosperity without sufficient energy. Making power grids more stable and reducing the frequency of blackouts are important steps forward. This is what moves The Gigawatt Company, it is our goal to prevent our country from what is happening in developing countries.