The Future of Geothermal Energy Generation with Carlos Araque, CEO & Co-founder of Quaise
Carlos Araque, CEO and Co-founder of Quaise Energy, explains how his company uses millimeter-wave drilling technology, derived from fusion research, to access deep geothermal energy. He argues that geothermal is one of the few renewable sources capable of scaling to the 40-50 terawatts needed to replace fossil fuels, unlike solar and wind which face land and material constraints. Araque details Quaise's approach of vaporizing rock at depths of 3-12 miles to produce supercritical steam, enabling the repowering of existing fossil fuel infrastructure rather than building new plants from scratch. He emphasizes the quantitative scale required, noting that drilling 10,000 wells per year is within the current capabilities of the oil and gas industry.