We solve the dilemma of accelerated energy demand and decarbonisation ambitions, by developing and operating next-generation Geothermal Energy assets providing clean firm energy
Aera GeoEnergy is a Norwegian energy start-up headquartered in Stavanger, the energy capital of Europe.
Born from the region's rich industrial heritage, we are uniquely positioned to repurpose five decades of world-class oil and gas expertise for the renewable energy transition. By transferring world-class subsurface competence, drilling solution, technology development and complex project management skills from the North Sea to the geothermal sector, we aim to accelerate the deployment of clean, baseload energy.
We provide reliable solutions delivering dispatchable baseload energy
We leverage AI and cutting-edge technology to unlock next generation geothermal energy solutions
We transform the renewable sector by offering premium baseload electricity, heating and cooling that other renewables cannot
The world faces a perfect storm: explosive energy demand driven by AI, grids destabilized by intermittent renewables, and an urgent mandate to reach Net Zero. We need a solution that bridges the gap between reliability, sustainability, and scale.
1. Surging Global Demand: The IEA forecasts global electricity demand to grow by approximately 40% by 2035 under stated policies, driven by electrification and AI.
2. Grid Instability: Solar and Wind are intermittent, causing volatility that aging grids cannot handle.
3. Decarbonization: The urgent need to reach Net Zero leaves no room for fossil fuel backup.
Geothermal solves the energy trilemma by providing affordable 'Clean Firm' power.
By targeting the DOE's Enhanced Geothermal Earthshot cost of $45/MWh, we unlock a commercially viable, weather-independent grid backbone. It delivers dispatchable electricity and decarbonized heating with a minimal physical footprint—offering a scalable, cost-competitive alternative to fossil fuels and nuclear.
(DOE 2035 TARGET)
Commercial
Viability
"Geothermal is the sleeping giant of renewable energy... technology can help us tap into this huge potential."
— Fatih Birol, Executive Director, IEA"I used to think that geothermal would never be more than 5 percent of the global energy mix. But now I believe it could eventually supply up to 20 percent of the world's electricity."
— Bill GatesAera delivers a suite of geothermal assets. Built on an AI-native framework from day one, our solutions are designed to deploy faster and operate more efficiently.
Next-generation EGS energy plant designed to deliver baseload electricity, grid stabilization, and district heating.
Focused thermal asset for the industrial and district heating market and cooling, replacing electricity and gas fired solutions.
Behind-the-meter solution for direct integration with end-users, specifically targeting data centers. Providing electricity, heating and cooling as-a-service. Reducing end-user costs, emissions and remove dependency on electrical grid by providing 24/7 energy.
Unmanned offshore EGS plant leveraging superior offshore resources and seawater cooling for large scale energy hubs and powering of offshore installations.
The challenge is massive, but so is the opportunity. We are looking for partners ready to pioneer the next generation of baseload power.