This Geothermal Startup Plans To Use Oil Tech For Green Energy
Key takeaways
- How drones are leveling the military playing field.
- Energy demand is surging, driven in part by data centers, while power generation lags behind because of delays in gas turbine production and the Trump administration’s push to fight wind power.
- He’s the CEO and cofounder of Birch Geothermal, which launched Friday as a portfolio company of VC firm Montauk Capital.
Mike Matson Birch Geothermal. A new geothermal player. Upgrading the grid with wood veneers. How drones are leveling the military playing field. All that and more in this week’s Prototype. To get it in your inbox, sign up here.
Geothermal energy is hot right now. Energy demand is surging, driven in part by data centers, while power generation lags behind because of delays in gas turbine production and the Trump administration’s push to fight wind power. Geothermal–which uses hot water underground to generate electricity–is a stable source of baseload power that has bipartisan support.
Mike Matson is excited to step into the market. He’s the CEO and cofounder of Birch Geothermal, which launched Friday as a portfolio company of VC firm Montauk Capital.