Tim Latimer on Solving the Financing Problem for Geothermal

In this episode of the Odd Lots podcast, Tim Latimer, the CEO of Fervo Energy, shares insights into his geothermal energy startup. He explains how recent technological breakthroughs have made it possible to tap into geothermal energy in new locations, using methods similar to fracking to overcome geological hurdles. Latimer also talks about the success of their inaugural project, which has drawn interest from both venture capitalists and traditional energy firms. The discussion touches on the hurdles of securing funding amid rising interest rates, the necessity for permitting reforms to expedite project development, and the critical need to tackle supply chain challenges—particularly regarding transformers—to boost geothermal energy production.