About

Dedicated to

About Criterion

Innovation
Leadership
Integrity
Performance
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
2022
2021

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

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