[{"data":1,"prerenderedAt":321},["ShallowReactive",2],{"navigation_docs":3,"-case-studies-fervo-energy":39,"-case-studies-fervo-energy-surround":318},[4,27],{"title":5,"path":6,"stem":7,"children":8,"icon":26},"Getting Started","\u002Fgetting-started","1.getting-started\u002F1.index",[9,11,16,21],{"title":5,"path":6,"stem":7,"icon":10},"i-lucide-house",{"title":12,"path":13,"stem":14,"icon":15},"Create a Project","\u002Fgetting-started\u002Fcreate-project","1.getting-started\u002F2.create-project","i-lucide-plus-circle",{"title":17,"path":18,"stem":19,"icon":20},"Understand Your Results","\u002Fgetting-started\u002Funderstand-results","1.getting-started\u002F3.understand-results","i-lucide-bar-chart-3",{"title":22,"path":23,"stem":24,"icon":25},"Explore & Refine the Model","\u002Fgetting-started\u002Fexplore-model","1.getting-started\u002F4.explore-model","i-lucide-settings",false,{"title":28,"path":29,"stem":30,"children":31,"icon":26},"Case Studies","\u002Fcase-studies","2.case-studies\u002F1.index",[32,34],{"title":28,"path":29,"stem":30,"icon":33},"i-lucide-briefcase",{"title":35,"path":36,"stem":37,"icon":38},"Fervo Energy","\u002Fcase-studies\u002Ffervo-energy","2.case-studies\u002F2.fervo-energy","i-lucide-zap",{"id":40,"title":35,"body":41,"description":311,"extension":312,"links":313,"meta":314,"navigation":315,"path":36,"seo":316,"stem":37,"__hash__":317},"docs\u002F2.case-studies\u002F2.fervo-energy.md",{"type":42,"value":43,"toc":300},"minimark",[44,53,56,61,111,118,122,129,132,154,160,164,167,176,179,185,189,192,197,200,204,210,216,220,223,237,240,244,247,279,282,285],[45,46,47,48,52],"p",{},"Fervo Energy is building the world's largest enhanced geothermal project. The company secured USD 421M in non-recourse debt and is targeting an IPO. We ran it through ImpactAccounting.ai to model its full societal impact, then used the ",[49,50,51],"strong",{},"Prediction agent"," to project how that impact scales with growth.",[45,54,55],{},"The analysis was delivered in minutes — not weeks.",[57,58,60],"h2",{"id":59},"headline-results","Headline results",[62,63,64,77],"table",{},[65,66,67],"thead",{},[68,69,70,74],"tr",{},[71,72,73],"th",{},"Metric",[71,75,76],{},"Value",[78,79,80,91,101],"tbody",{},[68,81,82,88],{},[83,84,85],"td",{},[49,86,87],{},"Net societal value",[83,89,90],{},"USD 65.3M",[68,92,93,98],{},[83,94,95],{},[49,96,97],{},"SROI",[83,99,100],{},"8.17x",[68,102,103,108],{},[83,104,105],{},[49,106,107],{},"Investment base",[83,109,110],{},"USD 1.2B",[45,112,113],{},[114,115],"img",{"alt":116,"src":117},"Fervo Energy — infographic summary showing total societal value, investment, and SROI breakdown","\u002Fscreenshots\u002Ffervo\u002Ffervo-infographic.jpeg",[57,119,121],{"id":120},"what-drives-the-impact","What drives the impact",[45,123,124,125,128],{},"The dominant positive pathway is ",[49,126,127],{},"avoided fossil and peaking generation"," — worth USD 35.4M, driven by 23,460 MWh of displaced fossil fuel electricity. Enhanced geothermal provides firm, baseload clean power, directly offsetting carbon-intensive generation.",[45,130,131],{},"Other significant positive pathways include:",[133,134,135,142,148],"ul",{},[136,137,138,141],"li",{},[49,139,140],{},"Employer taxes and social insurance contributions"," from a growing workforce",[136,143,144,147],{},[49,145,146],{},"Infrastructure investment spillovers"," from drilling and construction activity",[136,149,150,153],{},[49,151,152],{},"Avoided grid instability costs"," from providing dispatchable renewable capacity",[45,155,156],{},[114,157],{"alt":158,"src":159},"Fervo Energy — Risk & Opportunities view with full valuation waterfall and KPIs","\u002Fscreenshots\u002Ffervo\u002Ffervo-model.jpeg",[57,161,163],{"id":162},"what-the-model-flags-as-risk","What the model flags as risk",[45,165,166],{},"ImpactAccounting.ai doesn't just show the upside. The analysis identified a material negative pathway:",[168,169,172,175],"callout",{"icon":170,"color":171},"i-lucide-triangle-alert","amber",[49,173,174],{},"Electricity-demand rebound"," — valued at -USD 11.5M. Firm clean power at scale can enable incremental load growth (e.g., data center expansion), partially offsetting the emissions benefit. This is a second-order effect that most impact frameworks miss entirely.",[45,177,178],{},"Other negative pathways include supply chain costs (drilling, logistics), operational energy consumption, and land use during construction.",[45,180,181],{},[114,182],{"alt":183,"src":184},"Fervo Energy — detailed pathway view showing the demand rebound mechanism and its valuation","\u002Fscreenshots\u002Ffervo\u002Ffervo-pathway-detail.jpeg",[57,186,188],{"id":187},"bottom-up-not-top-down","Bottom-up, not top-down",[45,190,191],{},"Every number in the Fervo analysis traces back to a specific data source or assumption — not sector averages, not input-output modeling. ImpactAccounting.ai maps 50-60 individual impact pathways per company, each with its own decomposition:",[45,193,194],{},[49,195,196],{},"Activity → Output → Outcome → Monetary value",[45,198,199],{},"The platform shows the equations, the geographic weighting, and the source citations for each pathway. Everything is auditable.",[57,201,203],{"id":202},"multi-year-scenario-modeling","Multi-year scenario modeling",[45,205,206,207,209],{},"Beyond the current-year analysis, the ",[49,208,51],{}," automatically generated three growth scenarios for Fervo — conservative, base, and accelerated build-out trajectories — projecting how net societal value grows as generation capacity, wells drilled, and workforce expand year over year. Custom scenarios can also be defined via the AI Chat.",[45,211,212],{},[114,213],{"alt":214,"src":215},"Fervo Energy — Accelerated build-out scenario with multi-year projections","\u002Fscreenshots\u002Ffervo\u002Ffervo-scenarios.jpeg",[57,217,219],{"id":218},"data-validation","Data validation",[45,221,222],{},"The analysis flags exactly which assumptions need verification with the company:",[133,224,225,228,231,234],{},[136,226,227],{},"Projected generation capacity and capacity factor",[136,229,230],{},"Drilling cost per well and wells planned",[136,232,233],{},"Grid displacement factor for the target region",[136,235,236],{},"Workforce projections and average compensation",[45,238,239],{},"This gives investors a concrete due diligence checklist — not a generic questionnaire.",[57,241,243],{"id":242},"why-this-matters-for-investors","Why this matters for investors",[45,245,246],{},"A traditional ESG analysis would tell you Fervo is a clean energy company with positive environmental impact. ImpactAccounting.ai tells you:",[133,248,249,255,261,267,273],{},[136,250,251,254],{},[49,252,253],{},"How much"," societal value it creates (USD 65.3M)",[136,256,257,260],{},[49,258,259],{},"Where"," the value comes from (avoided fossil generation, jobs, infrastructure)",[136,262,263,266],{},[49,264,265],{},"What could go wrong"," (demand rebound, supply chain emissions)",[136,268,269,272],{},[49,270,271],{},"How sensitive"," the result is to key assumptions",[136,274,275,278],{},[49,276,277],{},"What to verify"," with the company before relying on the numbers",[45,280,281],{},"This is the difference between a checkbox and a valuation.",[283,284],"hr",{},[168,286,288,291,292,299],{"icon":287},"i-lucide-arrow-right",[49,289,290],{},"Try it yourself"," — Create a free project on ",[293,294,298],"a",{"href":295,"rel":296},"https:\u002F\u002Fwww.impactaccounting.ai",[297],"nofollow","ImpactAccounting.ai"," and run your own analysis in minutes.",{"title":301,"searchDepth":302,"depth":302,"links":303},"",2,[304,305,306,307,308,309,310],{"id":59,"depth":302,"text":60},{"id":120,"depth":302,"text":121},{"id":162,"depth":302,"text":163},{"id":187,"depth":302,"text":188},{"id":202,"depth":302,"text":203},{"id":218,"depth":302,"text":219},{"id":242,"depth":302,"text":243},"Enhanced geothermal energy — USD 65.3M net societal value, 8.17x SROI.","md",null,{},{"icon":38},{"title":35,"description":311},"qIIggbumQ_t5Zre42GvA1g3bhtAoiPkqa_iGO8gJZ4U",[319,313],{"title":28,"path":29,"stem":30,"description":320,"icon":33,"children":-1},"Real-world impact valuations delivered by ImpactAccounting.ai.",1777671183744]