Geothermal Is Too Expensive, but Dig Energy's Small Drill Rig Might Fix That
Posted3 months agoActive3 months ago
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Geothermal EnergyRenewable EnergyDrilling Technology
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Geothermal Energy
Renewable Energy
Drilling Technology
Dig Energy's innovative small drill rig could potentially make geothermal energy more affordable and accessible, with the HN community showing interest in the technology's potential to disrupt the energy sector.
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-Ditch Witch (founded in 1949, owned by Toro)
-Vermeer (private, in business since 1948)
-TT Technologies (private, in business doing microtunneling/microboring since 1990)
Directional boring contractors buy the big $2M truck mounted rigs because 99.9% of directional boring is commercial or industrial. For the tiny fraction of customers that are adding a ground source heat pump to an existing house, they’ll have one well so they don’t have to worry about pipes being too close together. Directional boring isn’t required for geothermal in new builds, trenching and backfilling on a greenfield site is going to cost substantially less than directional boring.
There are also trailer mounted hydrovac/water jet excavators, you still need a ton of water so you’re limited by the minimum tank size here.