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2026: The Year of Fervo?

Fervo, a Houston-based geothermal company that just came off a huge Series E in December, has quietly filed for its IPO and is getting ready to turn on its flagship power project.

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Image of Fervo’s Cape Station Phase 1 project in Utah

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Typical Energy Project Cost Overruns

Based on thousands of real-world projects, authors Bent Flyvbjerg and Dan Gardner highlighted the typical cost overruns of large capital energy investments.

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