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Explorations

Future of Energy and Industries

Geothermal

Long considered a niche energy source, geothermal is gaining renewed interest in Asia—particularly as Indonesia is home to 40% of the world’s geothermal reserves. Advancements in Enhanced Geothermal Systems (EGS) and deep drilling are expanding feasibility beyond traditional hotspots like Indonesia and the Philippines. Yet high upfront costs (70–90% CAPEX in drilling) remain a major hurdle. We are exploring whether innovations such as AI-driven subsurface mapping, plasma drilling, and supercritical water extraction could change the cost curve and unlock broader geothermal deployment across Asia.

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Exploration Team

Michael Gryseels
Michael Gryseels
Founder and Managing Partner
Antares Ventures
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