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- April 2021
- Teaching Note
GreenFire Energy, 2020: Geothermal Innovation
By: John R. Wells and Benjamin Weinstock
In June 2020, after ten years of effort, GreenFire Energy Inc. (GreenFire) demonstrated its new geothermal electricity generation technology, ECO2G™. While conventional geothermal electricity only supplied 0.5% of US demand, the new technology promised to increase this... View Details
- September 2020 (Revised June 2021)
- Case
GreenFire Energy, 2020: Geothermal Innovation
By: John R. Wells and Benjamin Weinstock
In June 2020, GreenFire Energy Inc. (GreenFire) presented its report to the California Energy Commission indicating that its proof of concept project to demonstrate its new geothermal electricity generation technology, ECO2G™, had been a success. While conventional... View Details
Keywords: Geothermal Electricity; Renewable Energy; Energy Generation; Technological Innovation; Commercialization; Strategy; Decision Choices and Conditions
Wells, John R., and Benjamin Weinstock. "GreenFire Energy, 2020: Geothermal Innovation." Harvard Business School Case 721-392, September 2020. (Revised June 2021.)
- 28 Apr 2016
- Other Presentation
Unlocking the Potential of Geothermal Energy: Strategic Implications for Iceland, Other Nations and the International Community
By: Michael E. Porter and Christian H.M. Ketels
Professor Porter initiated the mapping of Iceland Geothermal Cluster Initiative in cooperation with the consulting company Gekon. He and his colleaque Dr. Christian Ketels introduced their findings in November 2010 at the first Iceland Geothermal Conference held in... View Details
Keywords: Iceland; Geothermal; Renewable; Competitiveness; Competition; Renewable Energy; Energy Industry; Iceland
Porter, Michael E., and Christian H.M. Ketels. "Unlocking the Potential of Geothermal Energy: Strategic Implications for Iceland, Other Nations and the International Community." Iceland Geothermal Conference, Reykjavik, Iceland, April 28, 2016.
- 02 Nov 2010
- News
Harvard Professor: Iceland Should Think Geothermal
- August 2021 (Revised April 2023)
- Case
Dandelion: Making Geothermal Heat Pumps a Real Option
By: Jurgen Weiss
Keywords: Electricity Distribution; Decarbonization; Geothermal Electricity; Greenhouse Gas Emissions
Weiss, Jurgen. "Dandelion: Making Geothermal Heat Pumps a Real Option." Harvard Business School Case 722-010, August 2021. (Revised April 2023.)
- 1 Nov 2012
- Other Presentation
Profile of the Icelandic Geothermal Cluster
By: Michael E. Porter and Christian H.M. Ketels
Profile of the Icelandic Geothermal Cluster View Details
Porter, Michael E., and Christian H.M. Ketels. "Profile of the Icelandic Geothermal Cluster." Institute for Strategy and Competitiveness, Reykjavik, Iceland, November 1, 2012.
- 2011
- Other Unpublished Work
Innovation and Regulative Ambiguities in the U.S. Geothermal Power Sector
By: Shon R. Hiatt
While prior institutional research has focused on institutional ambiguity as an exogenous condition under which organizations exercise agency, this study examines the state's exercise of agency in making legal institutions more or less ambiguous and its impact on... View Details
- 28 Jun 2011
- News
Opportunity in the Icelandic Geothermal Cluster
- Aug 2011 - 2011
- Conference Presentation
Innovation and Regulative Ambiguities in the U.S. Geothermal Power Sector
By: Shon R. Hiatt
- 1 Nov 2010
- Other Presentation
The Icelandic Geothermal Cluster: Enhancing Competitiveness and Creating a new Engine of Icelandic Growth
Presentation on competitiveness and clusters View Details
Porter, Michael E. "The Icelandic Geothermal Cluster: Enhancing Competitiveness and Creating a new Engine of Icelandic Growth." Institute for Strategy and Competitiveness, Reykjavik, Iceland, November 1, 2010.
- 16 May 2012
- Conference Presentation
Constructing Institutional Ambiguity: Technology Definitions and Entrepreneurship in the U.S. Geothermal Power Sector
By: Shon R. Hiatt
- 5 May 2012
- Conference Presentation
Construction of Ambiguous Technology Definitions and Entrepreneurship in The U.S. Geothermal Power Sector
By: Shon R. Hiatt
HBS Faculty Comment on Environmental Issues
Professor Shon Hiatt highlights the benefits of federalism in fostering state policy experimentation and explains the impact of these laws on innovation and entrepreneurship in the U.S. geothermal power sector. View Details
- Research Summary
Globalization of Wind Power
Professor Vietor has been working to develop teaching materials on energy - especially renewable energy. Towards this end, he has written cases on Cape Wind, Suzlon, Airtricity's Supergrid, and Sun Tech. He is currently expanding this research into... View Details
- August 2010 (Revised February 2011)
- Case
Highland Capital Partners: Investing in Cleantech
By: Joseph B. Lassiter III and David Kiron
One day during the summer of 2008, Paul Maeder, co-founder and general partner of Highland Capital Partners (HCP), was walking with his wife around Reykjavik, Iceland, marveling at how clean the city felt and at the widespread use of naturally occurring geothermal... View Details
Keywords: Renewable Energy; Entrepreneurship; Investment; Global Strategy; Environmental Sustainability; Financial Services Industry; Green Technology Industry
Lassiter, Joseph B., III, and David Kiron. "Highland Capital Partners: Investing in Cleantech." Harvard Business School Case 811-009, August 2010. (Revised February 2011.)
- Research Summary
Professor Hiatt’s research is aimed at discovering how institutional factors can affect sector growth and technology development and adoption by mediating and moderating uncertainty. His work encompasses two related research questions:
1) How can... View Details
- 03 Nov 2023
- News
Global Networking Night; Sweden Club Holds Climate Forum
an entrepreneur, investor and inventor who has been working with sustainable housing and renewable energy since 2007. She is the immediate past CEO of BrainHeart Energy, the largest geothermal group in Sweden. She’s also an inventor who... View Details
Keywords: Margie Kelley
- 06 May 2025
- Blog Post
The Incredible Land of Ice and Fire: Exploring Iceland's Renewable Energy Model for a Changing Planet
needs met sustainably is the mission of Flúðaorka Power Plant, the geothermal facility that we visited—and that you can explore online here. Flúðaorka has 600 kW of installed capacity, which is sold to the grid, but it also produces... View Details