Integrated energy giant Chevron (NYSE:CVX) signed an agreement with Mitsui Oil Exploration (MOECO) to enhance Japan’s advanced geothermal power generation capacity by leveraging the Advanced Closed Loop (ACL) technology. The partnership opens the possibility of more joint projects using ACL for low-carbon solutions across the globe. Notably, conventional geothermal projects utilize steam turbines, which require areas of high temperatures. However, the ideal temperature for these turbines is often found in locations that fail to meet geological requirements. In this regard, the alternative technology of ACL can help reach geothermal resources at a wider range of geologies and temperatures.
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