“[We] put geothermal on the kind of learning curve that has yielded dramatic cost reductions in other industries … We're expecting dramatic cost reductions in both the drilling side of the business and the power plant side of the business through that modularity and standardization.”

Tim Latimer · said date not stated · reported 2026-09-05

Latimer said Fervo expects dramatic cost reductions on both the drilling and power plant sides through modularity and standardization.