Eden GeoPower

About Eden GeoPower

Eden GeoPower, Inc. is a geothermal technology company founded in April 2017 by Paris Smalls and Ammar Alali. The venture originated from research at the MIT Earth Resources Laboratory. Smalls, a geophysicist with a Ph.D. from the MIT/WHOI Joint Program, was researching the effects of high-voltage electricity on rock strength for geothermal applications and saw an opportunity to develop a more effective and environmentally sound reservoir stimulation technology. Alali brought industry experience as a geophysicist at Saudi Aramco. The company is headquartered at Greentown Labs in Somerville, Massachusetts, a prominent clean technology incubator.

The core of Eden GeoPower's business is its proprietary Electrical Reservoir Stimulation (ERS) technology. This technology uses high-voltage electrical pulses to create controlled fractures in subsurface rock formations, thereby increasing their permeability. Unlike traditional hydraulic fracturing, which uses highly pressurized fluids and can lead to uncontrolled fractures and significant water consumption, Eden's ERS offers precise control over the directionality of the fractures. This precision allows for more targeted and efficient stimulation, enhancing the recovery of natural resources with minimal environmental impact, including reduced water use and mitigated seismicity risks. The company's business model involves deploying this technology for clients in several sectors, including geothermal energy, critical mineral mining, stimulated geologic hydrogen, and geologic carbon storage.

Eden GeoPower serves companies and project owners in the energy and mining industries. For geothermal projects, the technology aims to make enhanced geothermal systems (EGS) more economically viable by improving heat recovery without the drawbacks of hydraulic fracturing. In mining, ERS can weaken ore bodies in-situ, potentially reducing the energy and costs associated with drilling, blasting, and grinding. The company collaborates with industry leaders, such as a project with BHP, and has secured substantial government funding to advance its technology. Having raised significant capital through multiple funding rounds, including a $12 million seed round in October 2023 and numerous grants from entities like the U.S. Department of Energy and the National Science Foundation, Eden GeoPower is scaling its operations and demonstrating its technology in various geological settings worldwide.