Our mission

Our mission is simple: we develop and operate sustainable power plants together with local communities.

What is geothermal energy?

Most people know that deep under Earth’s surface is a molten layer of hot rock. But what many do not know is that this heat could provide us with a long-lasting source of renewable energy.  

Unlike wind or solar power, which only work when the wind is blowing or when the sun is out, our geothermal power plants can provide power around the clock.  Unlike coal-powered plants, they do not pollute the air with greenhouse gas emissions. And unlike nuclear power plants, they are resilient in the face of disasters. They will be able to provide local communities with a source of renewable energy for a long time to come.

WAYS TO harness heat

Geothermal energy has historically been difficult to harness and convert into electricity unless it was extremely hot. At Baseload Power U.S., our binary cycle power plants work by converting lower temperatures of hot water into electricity.
The binary method can be used to harness heat power from newly drilled new wells, or by using existing hot spring wells as energy sources. In addition, after separating the gases in the flash power generation process, the remaining hot water can be used to generate secondary power, otherwise known as bottoming cycle power generation.

We are also working closely with our partners in the oil and gas industry on projects that will generate power using co-produced fluids. 

How we work

The first step in our business process involves identifying existing heat sources. This might involve finding and drilling a new geothermal well in locations where there is a well-documented hot water source. Or it might mean working to revitalize an old well, or using the lower-temperature heat at a high-temperature geothermal plant. 

Working closely with local communities and power companies in Nevada and California, we lease or purchase the site, obtain permits, and establish power agreements. A team of geologists and drilling operators then works to establish a flow of hot water that we can convert heat into electricity. 

We are currently developing two power plants, and we have five more in the permitting and planning stages. We are fast on our way to disrupting the energy sector, working as hard as we can to unleash the planet’s largest renewable energy source and bring about our vision of a planet in balance.

LOCALLY: OUR PORTFOLIO COMPANIES

PROJECT SOURCING

Our power companies evaluate geological conditions, map plant locations and check grid capacity, and establish relationships with key stakeholders.

EVALUATION & QUALIFICATION

For final confirmation, the power companies run water samples, gravity surveys, more. Then they sign the land-lease and off-take agreements, and obtain local permits.

EXECUTION

Local teams manage the actual project development, in parallel with permitting, site preparation, technology procurement, etc.

GLOBALLY: BASELOAD CAPITAL 

FINANCING

By offering early-stage capital, equity and/or debt, we can accelerate the development of heat power projects and ensure meaningful returns.

MARKET RESEARCH

We do extensive research to identify potential new markets, then we investigate and help secure land-lease and power-purchase agreements.

TECHNOLOGY KNOWLEDGE

We are experts in the technology required to deploy heat power plants, and know what it takes to maximize uptime.

Baseload Power Japan is supported by long-term investors

Although geothermal power generation can contribute to decarbonization, the ratio of geothermal power generation to renewable energy is only 0.2%*, and the business development of geothermal power generation involves risks in cost, efficiency, time, know-how, etc. in exploration, construction, and operation. This has made fundraising difficult. 

Investors in Europe and the United States, where ESG are focused, agree with our efforts to decarbonize through geothermal energy and support the baseload group's technology and business development from a long-term perspective. 

Based on funds from investors and the know-how of the Group, Baseload Power Japan aims to contribute to decarbonization by utilizing the heat of the earth, and to revitalize local communities with the local resources.

GEOTHERMAL ECOSYSTEMS

PLANTS THAT DO MORE THAN PRODUCE POWER.

Between the time the hot geothermal fluids are pumped up through the production well and the time they are finally returned to the ground, we can generate clean energy at up to five different stages. That’s why we like to think of our geothermal power plants as complex ecosystems - each one customizable, according to the needs and possibilities of its location. The graphic below shows some of the many possibilities.

HOW MUCH ELECTRICITY IS THAT?

A single 1MW power plant can produce enough electricity to power between 600 and 800 homes. 
800

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