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.  
Criterion Energy Partners at Power Plant: Criterion Energy Partners - clean, reliable, always on energy

ThisIsUs

Our Industry Advisory Group

Awards,
Accelerators,
& Funding

2023
2022
2021

The Criterion Geothermal System­™

 

Criterion v4 01 White: Criterion Energy Partners - clean, reliable, always on energy

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

us department of the interior bureau of land management vector logo: Criterion Energy Partners - clean, reliable, always on energy utahforge: Criterion Energy Partners - clean, reliable, always on energy
2021
2021
rice university: Criterion Energy Partners - clean, reliable, always on energy rice lilie logo PNG variation blue 1024x241 1: Criterion Energy Partners - clean, reliable, always on energy
2021
2021

Information sharing & Investment Opportunity

AB No1 Logo Simple RGB: Criterion Energy Partners - clean, reliable, always on energy
2021
2021
founder institute logo 1: Criterion Energy Partners - clean, reliable, always on energy
2021
2021
racea logo rgb stacked blue1 copy: Criterion Energy Partners - clean, reliable, always on energy
2021
2021
download: Criterion Energy Partners - clean, reliable, always on energy
2022
2022

Seed Round & Strategic Partnerships

Chesapeake Energy logo: Criterion Energy Partners - clean, reliable, always on energy patterson energy: Criterion Energy Partners - clean, reliable, always on energy
2022
2022

Feasibility Studies

2022
2022

Criterion Geothermal System™ Design and Patent Filing

2022
2022

Industrial DirectConnect™ Technology Development

doe logo: Criterion Energy Partners - clean, reliable, always on energy 1434663530585: Criterion Energy Partners - clean, reliable, always on energy
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

Criterion tm: Criterion Energy Partners - clean, reliable, always on energy

We love our community and  would love to be involved with your organization.