Fervo's Cape Station becomes first utility-scale enhanced geothermal plant online

Fervo Energy has begun selling power to the grid from its Cape Station project in Utah, the first utility-scale next-generation geothermal facility in the world. An initial 33-MW unit is operating, with two more 33-MW blocks due by January 1, 2027, and the full 500 MW planned for 2028.

• First 33-MW Cape Station unit is already selling power to Shell Energy
• The $2 billion project will reach 500 MW by 2028
• Two more 33-MW blocks are due by January 1, 2027
• Phase 1 power costs $7,000/kW, Phase 2 $5,500/kW