Geothermal Strategy Partners (GSP), a new University of Utah startup, will provide independent engineering, consulting and technical services for next-generation geothermal power projects-helping close a critical gap as the industry scales up.
GSP brings decades of expertise developing and operating leading geothermal demonstration sites and commercial projects, along with advanced technical innovation experience from the U's Energy & Geoscience Institute. The company's mission is to deliver industry partners a suite of technical capabilities and services tailored to every phase of an enhanced geothermal system (EGS) or alternative geothermal power project-from early development and financing due diligence to construction and operations.
"Geothermal project success depends on disciplined decisions around technical risk, novel equipment deployment and techniques, and validation of key operational performance assumptions," said Milind Deo, GSP founder and chief science officer, EGI director and Catherine R. Meldrum Professor of Chemical Engineering. "Our role is to help developers and project teams translate field-tested learnings into repeatable decision frameworks that stand up to execution and financing scrutiny."
GSP specializes in risk assessment and analysis across all phases of geothermal project development. The firm's interdisciplinary team of technical experts spans geoscience, geomechanics, drilling and completions, stimulation, modeling, and seismicity monitoring and management, delivering independent subject matter expertise to clients and stakeholders.
"Geothermal Strategy Partners demonstrates what sustained research excellence makes possible," said Erin Rothwell, vice president for research at the U. "For decades, our faculty have advanced geothermal science at both demonstration and commercial scales. This spinout reflects the maturity of that work, and the confidence industry has in the expertise developed here."
The company was formed with support from the U's technology commercialization and venture development ecosystem, which helps translate faculty research into industry-ready enterprises.
As the geothermal energy sector shifts from demonstrations to scalable development, enhanced geothermal systems face a unique set of challenges and opportunities, including site quality subsurface response, reservoir performance and optimization, and hazard mitigation. GSP's leaders bring years of experience addressing these technical factors, along with the broader set of challenges of both conventional and next‑generation geothermal development.
"The formation of GSP is in response to a rapidly expanding global geothermal energy sector and the commensurate commercial demand for independent subject matter expertise that can provide and meet utility industry and project financing standards for technical services," said Tom Georgis, managing director of the Energy Accelerator at the U. "GSP will support this growing need and ensure key project stakeholders can make critical decisions with confidence."
About Geothermal Strategy Partners
