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  • All HBS Web  (41)
    • News  (7)
    • Research  (23)
  • Faculty Publications  (19)

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  • All HBS Web  (41)
    • News  (7)
    • Research  (23)
  • Faculty Publications  (19)
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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
Keywords: Green Energy; Geothermal; Entrepreneur; Renewables; Geothermal Electricity; Green Technology; Renewable Energy; Energy Generation; Technological Innovation; Entrepreneurship; Strategy; Commercialization
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Wells, John R., and Benjamin Weinstock. "GreenFire Energy, 2020: Geothermal Innovation." Harvard Business School Teaching Note 721-450, April 2021.
  • 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
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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
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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.
  • 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
Keywords: Industry Clusters; Economy; Energy Industry; Iceland
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Porter, Michael E., and Christian H.M. Ketels. "Profile of the Icelandic Geothermal Cluster." Institute for Strategy and Competitiveness, Reykjavik, Iceland, November 1, 2012.
  • 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
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Weiss, Jurgen. "Dandelion: Making Geothermal Heat Pumps a Real Option." Harvard Business School Case 722-010, August 2021. (Revised April 2023.)
  • 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
Keywords: Entrepreneurship; Policy; Energy Sources; Innovation and Invention; Energy Industry; United States
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Hiatt, Shon R. "Innovation and Regulative Ambiguities in the U.S. Geothermal Power Sector." 2011.
  • May 2022
  • Teaching Plan

Dandelion: Making Geothermal Heat Pumps a Real Option

By: Jurgen Weiss
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Weiss, Jurgen. "Dandelion: Making Geothermal Heat Pumps a Real Option." Harvard Business School Teaching Plan 722-074, May 2022.
  • Aug 2011 - 2011
  • Conference Presentation

Innovation and Regulative Ambiguities in the U.S. Geothermal Power Sector

By: Shon R. Hiatt
Keywords: Governing Rules, Regulations, and Reforms; Innovation and Invention; United States
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Hiatt, Shon R. "Innovation and Regulative Ambiguities in the U.S. Geothermal Power Sector." Paper presented at the Academy of Management Annual Meeting, San Antonio, TX, August 2011.
  • 1 Nov 2010
  • Other Presentation

The Icelandic Geothermal Cluster: Enhancing Competitiveness and Creating a new Engine of Icelandic Growth

By: Michael E. Porter
Presentation on competitiveness and clusters View Details
Keywords: Economics; Iceland
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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
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Hiatt, Shon R. "Constructing Institutional Ambiguity: Technology Definitions and Entrepreneurship in the U.S. Geothermal Power Sector." Paper presented at the 4th Alliance for Research on Corporate Sustainability Annual Research Conference, New Haven, CT, May 16, 2012.
  • 5 May 2012
  • Conference Presentation

Construction of Ambiguous Technology Definitions and Entrepreneurship in The U.S. Geothermal Power Sector

By: Shon R. Hiatt
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Hiatt, Shon R. "Construction of Ambiguous Technology Definitions and Entrepreneurship in The U.S. Geothermal Power Sector." Paper presented at the Darden Entrepreneurship and Innovation Research Conference, May 5, 2012.
  • Research Summary

Globalization of Wind Power

By: Richard H.K. Vietor
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
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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

  • 26 Apr 2011
  • Op-Ed

HBS Faculty Comment on Environmental Issues for Earth Day

the same, leading some localities to significantly underperform others. Take geothermal power, for instance. New technologies often require the creation of legal definitions and categories in order to facilitate resource attainment,... View Details
Keywords: by Staff; Energy; Utilities
  • 06 Jul 2010
  • Research & Ideas

Renewable Energy: Winds at Our Back?

When American energy entrepreneur Jim Gordon envisioned the first offshore wind farm lining the horizon a few miles off the coast of the eastern United States, he perhaps did not factor in blowback from almost every angle. Gordon's nearly 10-year battle to gain... View Details
Keywords: by Sarah Jane Gilbert; Energy; Utilities
  • 02 Nov 2010
  • First Look

First Look: November 2, 2010

811-009 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 View Details
Keywords: Sean Silverthorne
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