In this episode, host Daniel Raimi talks with Tim Latimer, the cofounder and chief executive officer of Fervo Energy, a geothermal energy developer.Latimer makes clear how geothermal energy—while comprising only a tiny portion of America’s total current energy use—could be an essential part of future decarbonization efforts. Tim was previously a Drilling Engineer with BHP where he … Developer of proprietary clean energy technology designed to generate power from enhanced geothermal systems. https://www.crunchbase.com/organization/fervo-energy/company_financials Fervo Energy commercialize technology to develop, own and operate geothermal assets as the dispatchable foundation to a 100% clean energy future. We know that there are a lot of systemic issues involved. Founders Jack Norbeck, Tim Latimer. Podcast – Tim Latimer of Fervo Energy on geothermal & hot rocks. The principals are Joel Moxley from Houston TX and Timothy Latimer from Houston TX. About us Who we are. “It’s essential that the world makes the transition very quickly to renewable energy. Not to be missed if you're an entrepreneur in the energy space! Since 2015, fellows have collaborated with more than 60 Berkeley Lab scientists, and the organizations they’ve founded have raised more than $190 million in follow-on funding, hired more than 235 employees, and introduced new products across industries. Last Funding Type Series A. Fervo Renewable Energy was formed by Alison Nolan and Keith Hill in May 2014, both having worked in the renewable energy sector for a number of years following careers in other sectors that had opened their eyes to the potential green energy and sustainable development offered both business and home owners. 9:30am Energy & Environment Energy Transitions Renewables & Advanced Energy Developer of proprietary clean energy technology designed to generate power from enhanced geothermal systems. The company's technology uses proprietary technology to develop and operate flexible geothermal assets to help make a clean energy future a reality, enabling companies to increase the productivity of geothermal wells, making … All rights reserved. Operating Status Active. Fervo was one of the first investments of Bill Gates’ Breakthrough Energy Ventures fund, where Danielson works. Total amount raised across all funding rounds, Total number of current team members an organization has on Crunchbase, Total number of investment firms and individual investors, Descriptive keyword for an Organization (e.g. Last year, the company backed Fervo Energy, … Information on valuation, funding, cap tables, investors, and executives for HeartFlow. Geothermal has unique traits that can help to ease that process,” said Jack Norbeck, Energy Resources Engineering PhD ‘16. Stanford Climate Ventures is "an absolutely exceptional class. Fervo commercializes technology to develop, own and operate geothermal assets as the dispatchable foundation to a 100% clean energy future. PitchBook is a financial technology company that provides data on the capital markets. The company's principal address is 708 Main St. 10th Floor, Houston, TX 77002. – Lauren Dunford, CEO/Founder, Safi Analytics (MBA 2017) "It's not an exaggeration to say Stanford Fervo Energy Company has 1 total employees across all of its locations and generates $29,153 in sales (USD). San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. CEO & Co-Founder of Fervo Energy Tim Latimer began his career as a drilling engineer with BHP Billiton, working in the Permian and Eagle Ford basins. Get the full list ». Tim has 7 jobs listed on their profile. Fervo’s technology incorporates proven, cost-effective technologies such as horizontal drilling and advanced fiber optic sensing, to lower the cost and increase the productivity of geothermal development. Fervo Energy is a next-generation geothermal developer generating clean power in new places. 16 Wakes Meadow Bunbury Tarporley Cheshire CW6 9SH. SHARE. Fervo Energy is a next-generation geothermal developer generating clean power in new places. With a growing appreciation of the urgency and importance of climate change, he began pursuing an M.B.A. and an M.S. Cyclotron Road supports leading entrepreneurial scientists as they advance technology projects with the potential for global impact. Fervo Energy is a next-generation geothermal developer generating clean power in new places. Tim Latimer is the co-founder of Fervo Energy. Fervo Energy team, Tim Latimer on the right (source: Fervo Energy) Alexander Richter 19 Nov 2018 Cofounder of Fervo Energy, Tim Latimer, a geothermal technology startup has been named as one of the 30 under 30 young innovators by Forbes in the energy category. On Thursday, December 17, from 9:30 – 10:00 a.m. EST, the Global Energy Center will host Tim Latimer, founder and chief executive officer of Fervo Energy, who will discuss how novel drilling techniques can scale up geothermal energy development. In a thread on Twitter, Tim Latimer of Fervo Energy shared some of his thoughts on the legislation, describing it as “a critically important bill for our (the U.S.) clean energy future”. Fervo Energy commercializes proprietary technology to own, develop, and operate geothermal assets as the dispatchable foundation to a 100% clean energy future. Decarbonizing the energy sector while at the same time providing affordable energy is the defining challenge of our generation. Use the PitchBook Platform to explore the full profile. 9 Sep 2020. Fervo Energy commercializes proprietary technology to develop, own, and operate geothermal assets as the dispatchable foundation to a 100% clean energy grid. The company is commercializing technology to develop, own, and operate geothermal assets as a dispatchable foundation to a 100% clean energy future. With the right technologies, geothermal energy can play an important role in the energy transition. 5 Apr 2020. FERVO is a Group of firms offering customers a wide range of services for Facility Management, Design and Technical Services, Landscape and Energy, Reception and Cleaning, Landscaping and Civil Works.. FERVO results from the networking abilities of some highly specialized companies offering complementary services; it makes it easier to combine those services by enabling customized … © 2021 PitchBook Data. Alison Nolan. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. The company has 2 principals on record. SHARE. Natel Energy is changing the way hydropower is built and operated to enable sustainable, climate resilient, low cost hydro. A Cyclotron Road company hosted by EESA was part of a new $4.45 million award from the Department of Energy in support of its work to improve enhanced geothermal systems. Jack Norbeck is co-founder and CTO at Fervo Energy, a startup focused on driving innovation in geoscience to support a 100% clean energy future. Fervo Energy commercializes proprietary technology to own, develop, and operate Fervo Energy. Latimer was previously a drilling engineer with BHP where he worked in the Permian and Eagle Ford basins. Company Information. Thu, Dec 17, 2020 EnergySource Innovation Stream with Fervo Energy: Key technologies to accelerate geothermal energy development Online Event Tim Latimer, founder and chief executive officer of Fervo Energy, discusses how novel drilling techniques can scale up geothermal energy development. Tim Latimer and Jack Norbeck believe geothermal energy industry has not reached its potential to provide clean energy in the United States, and they co-founded Fervo Energy … Fervo Energy is a next-generation geothermal developer generating clean power in new places. Founded in 2017, Fervo Energy set out to overcome the technical challenges keeping geothermal energy from becoming a commercially viable form of clean energy in the United States. Webinar recording with Fervo Energy on key technologies to accelerate geothermal energy development. The investment in Baseload Capital is Breakthrough Energy’s second foray into the geothermal industry. To view Fervo Energy’s complete valuation and funding history, request access », To view Fervo Energy’s complete cap table history, request access », To view Fervo Energy’s complete executive team members history, request access », You’re viewing 5 of 13 investors. Scott Marshall is the Vice President Operations for Foro Energy, where since 2011 he has served as a Program Manager, Product Champion, and most recently Global Decommissioning Manager. D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like Fervo Energy Company around the world, including contacts, financials, and competitor information. View Tim Latimer’s profile on LinkedIn, the world’s largest professional community. Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit. The teaching team is fabulous, the perfect kick-off for our startup, and our business wouldn't be the same without having gone through the course." Norbeck is working on bringing geothermal energy to the world in his role as co-founder of Fervo Energy. The company's technology uses proprietary technology to develop and operate flexible geothermal assets to help make a clean energy future a reality, enabling companies to increase the productivity of geothermal wells, making geothermal more scalable. Founded Date 2017. Fervo Energy General Information Description. The startup aims to modernize the generation of electricity from geothermal hotspots deep in the Earth, an old technique that is due for a major technology update, Latimer explained. Turbines We sell the most fish safe, high performance, compact turbine runners in the world, which make projects less expensive and faster to permit and build. Fervo commercializes technology to develop, own and operate geothermal assets as the foundation for a 100% clean energy future. Active, Closed, Last funding round type (e.g. See the complete profile on LinkedIn and discover … The oil price crash and what it means for geothermal – thread by Tim Latimer, Fervo Energy… Fervo is leveraging technology advances that drove the shale revolution to unlock the 100 GW resource for enhanced geothermal systems. Mr. Marshall has been developing new material removal processes and tools using Foro Energy’s proprietary laser cutting technology. Tim Latimer is the Co-Founder of Fervo Energy. T: 01829 262621 M: 07817 926201 E: alison@fervo.co.uk Company Type For Profit. Fervo Energy CEO and cofounder, Tim Latimer Fervo Energy Year founded: 2017 What it is: Fervo Energy is a geothermal startup that's focused on turning heat within the Earth's crust into clean energy. 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