Criterion Energy Partners is a next generation energy and technology company that is focused on developing distributed energy projects utilizing the heat beneath our feet. The mission is the develop geothermal power plants that are co-located with hard to abate sectors enabling scope 1 & 2 emissions reduction, resiliency from the grid, protection from cost uncertainties, and utilization of clean power and heat. The vision is that through innovation, integrity and leadership Criterion will deploy their Criterion Geothermal System™ globally to help achieve carbon neutrality by 2050.
ThisIsUs
Our Industry Advisory Group
Awards, Accelerators, & Funding
2023
Series A Round
2022
Investments from Patterson UTI & Chesapeake Energy
Awarded a DOE SBIR Grant
2021
Rice Alliance Clean Tech Accelerator
Joined Greentown Labs
The Criterion Geothermal System™
Nuclear
Conventional Geothermal
Natural Gas
Coal
Wind
Solar
Low Carbon Footprint
Sustainable
Baseload
Weather Resilient
Capacity Factor
92%
92%
71%
54%
49%
34%
24%
Surface Footprint
1-5
Acres/MW
12.7
Acres/MW
1-8
Acres/MW
1-8
Acres/MW
1-8
Acres/MW
1-8
Acres/MW
43.5
Acres/MW
2020
2020
Lease Near
2021
2021
2021
2021
Information sharing & Investment Opportunity
2021
2021
2021
2021
2021
2021
2022
2022
Seed Round & Strategic Partnerships
2022
2022
Feasibility Studies
2022
2022
Criterion Geothermal System™ Design and Patent Filing
2022
2022
Industrial DirectConnect™ Technology Development
2022
2022
Formation of Industry Advisory Group
2023
2023
Water Oak Demonstration Project
2023
2023
Series A Round
2023
2023
Commercialization
2025
2025
Series B Round
2028
2028
IPO and Scale
We love our community and would love to be involved with your organization.
