- Magma Power LLC secures a patent for a revolutionary drilling system that extracts heat directly from underground magma for low-cost electricity generation.
- The technology targets energy-intensive sectors like data centres and AI, offering power at less than 1 cent per kilowatt-hour through continuous heat extraction.
- Magma Power offers exclusive licenses for over 1,000 geothermal sites worldwide, with licensing fees starting at $50,000 per month** and 12.5% revenue royalty.
Magma Power LLC has patented a groundbreaking drilling system that extracts energy directly from underground magma, delivering low-cost power for energy-intensive industries.
The US Patent and Trademark Office awarded the patent to the U.S.-based company for its innovative geothermal system. This technology captures heat from magma chambers and converts it into electricity. The system stabilises healthy walls using thermodynamic fluids, enabling safe and efficient energy extraction at extreme temperatures and pressures.
Magma Power’s process tackles challenges in generating energy from deep geothermal sources, such as magma, while maintaining borehole integrity. The technology produces energy at less than one cent per kilowatt-hour, making it highly competitive for data centres, artificial intelligence, and cryptocurrency mining industries. These sectors rely on constant, reliable power, and the technology delivers a significant cost advantage.
Key Features of the System
The system continuously extracts heat by circulating fluids through the well, capturing thermal energy and converting it into electricity. The wellbore design includes branching structures that expand the thermal capture surface, boosting efficiency. Special thermodynamic fluids stabilise the sound walls in extreme conditions while optimising heat extraction.
Additionally, the system uses specialised drilling fluids to cool the magma and convert the heat into steam or other working fluids. This process transfers energy continuously under constant pressure of around 1,000 PSI, maximising heat absorption.
Global Licensing Opportunities
Magma Power offers exclusive licensing agreements for over 1,000 potential geothermal sites worldwide. Licensing fees start at $50,000 monthly during the pre-production phase, with royalties set at 12.5% of revenues. Industrial partners can access a stable, low-cost energy source while advancing their decarbonisation goals.
Impact on Energy-Intensive Industries
Industries with high energy demands, such as green hydrogen production and steel and aluminium manufacturing, will benefit from Magma Power’s technology. The innovation lowers energy costs significantly, enhancing competitiveness while promoting sustainability. By integrating this technology, companies can reduce greenhouse gas emissions and advance toward decarbonisation.
Future Potential
Magma Power’s innovation unlocks new opportunities for geothermal energy production. The company offers a viable alternative to traditional energy sources by harnessing magmatic heat. The technology can help industries meet environmental goals while lowering operating costs.
The patent covers essential innovations, including the drilling method, thermodynamic fluids, and wellbore design. These features ensure continuous, safe geothermal energy extraction from magma chambers, turning magmatic heat extraction into a scalable solution.
Magma Power is revolutionising geothermal energy production with its new patent, offering low-cost, sustainable power to energy-hungry industries worldwide.