TerraWave

Novel Geothermal Technologies
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Glossary

This glossary will help you decode the most common terms, abbreviations, and frameworks in the climate tech industry.

  • Renewable Power

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    Energy derived from natural resources that replenish themselves over short periods of time, such as sunlight, wind, rain, tides, waves, and geothermal heat.

  • Geothermal Power

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    Energy generated by harnessing the heat from the Earth’s interior to produce electricity or heat buildings

  • Recovered Energy

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    Also known as waste energy recovery, it is the process of capturing and reusing heat or energy that would otherwise be lost from industrial processes, buildings, or transportation

  • Energy Storage

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    The capture of energy produced at one time for use at a later time, utilizing methods such as batteries, pumped hydroelectric storage, compressed air, and thermal storage to manage power supply and demand

  • Carbon Capture

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    The process of capturing carbon dioxide emissions from sources like power plants and industrial processes, to either store it underground or use it for other purposes, in order to reduce atmospheric greenhouse gas levels

  • Strategic Investments

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    Venture capital investments made with the goal of achieving specific business objectives, such as gaining competitive advantages, entering new markets, or accessing innovative technologies. More than once, strategic investments are strategic both to the company investing and the company invested in

  • Climate-Tech

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    Climate-tech encompasses technologies and innovations designed to address climate change by reducing greenhouse gas emissions and enhancing resilience to its impacts

  • Waste Heat Utilization

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    The process of capturing and repurposing excess heat from industrial or energy-generating processes for other applications, such as heating buildings or generating additional electricity

  • Subsurface Geothermal Technologies

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    The exploration and development of underground resources to harness geothermal energy for electricity generation and direct heating applications

  • Direct Air Capture

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    A technology that removes carbon dioxide directly from the atmosphere using chemical processes, allowing for the sequestration or utilization of the captured CO2 to mitigate climate change

  • CO2

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    Carbon dioxide, a colorless, odorless gas that is naturally present in Earth’s atmosphere and is a critical greenhouse gas contributing to global warming and climate change. When we mention CO2, we implicitly refer to all greenhouse gases, such as methane (CH4), Nitrous Oxide (N2O), and fluorinated gases

  • Clean Hydrogen

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    Clean hydrogen refers to hydrogen produced without fossil fuels, either through electrolysis powered by renewable energy or extracted from naturally occurring underground sources.