Factor 2 Higher Energy, Ruled by Law of Physics

Learn how CO2-based geothermal power is vastly different from traditional approaches, due to higher power output, lower capex, and siting simplicity.

CO2-based Geothermal Power

Our geothermal technology utilizes CO2 as a direct working fluid. By leveraging the thermodynamic properties of CO2, we increase cycle efficiency and enable the economic use of a broader range of geothermal sites.

1. CO₂ Injection

CO2 is injected into deep, porous geological formations, where it is safely stored.

2. Heat Absorption

As the CO2 flows through hot rock layers, it absorbs geothermal heat, reducing its density and increasing its buoyancy.

3. CO₂ Production

The heated CO2 rises naturally to the surface through production wells, driven by its lower density and resulting buoyancy. No subsurface pumps are required.

4. Power Generation

The strong thermosiphon effect creates a pressure difference between the injection and production wells. This pressure is harnessed to drive a CO2 turbine and generator, converting it into electricity.

5. Reinjection

After the energy conversion, the CO2  is cooled and condensed. The condensed CO2  is returned to the reservoir via the injection well, completing the closed-loop cycle.

Factor2 Energy system capturing CO₂ from a power plant and storing it in deep underground rock formations.

Benefits of
NextGen Geothermal Power

Baseload-capable and green electricity

Geothermal technology delivers reliable, around-the-clock power that remains unaffected by weather conditions or daylight variations. This  ensures a continuous energy supply while producing zero emissions.

CO₂ enables access to a broader range of geological sites

Its low viscosity and natural thermosiphon effect allow CO2  to circulate efficiently even at moderate subsurface temperatures, unlocking heat from sites that are unsuitable for conventional geothermal systems.

Fewer cycle components and reduced complexity

Our CO₂ cycle eliminates the necessity for secondary fluids and intricate systems. Thanks to natural circulation, there’s no requirement for pumps, which helps avoid expensive and maintenance-intensive components.

Lower environmental
impact

Our innovative system eliminates fracking, deep drilling, and any water-intensive processes, ensuring minimal ecological disruption while significantly lowering the risk of induced seismicity.

Build on proven components & deep expertise

We accelerate deployment and reduce capital costs through the reuse of existing infrastructure. At the same time, our system creates a new value stream by turning passive CO2  storage sites into clean energy.

Carbon-negative power generation

The cycle doesn’t just use CO2 —it stores it. Our technology permanently sequesters CO2  underground while generating clean electricity, turning our plants into carbon-negative power sources.

Portrait of Felix Böhmer

“We harness the unique advantages of CO2 as a geothermal working fluid and build on existing industry expertise and components. This enables the fossil industry to transition toward a sustainable energy future.”

Felix Böhmer
Founder & CEO, Factor2 Energy

Innovation and Experience

With decades of experience in conventional power production, we are now driving the development and commercialization of CO2 based geothermal power.

Proof of Concept

World's first unique proof of concept for CO₂  -based geothermal power.

FOAK Power Plant

Our FOAK power plant is currently in development.

The Team of Factor2 Energy staying next to each other and smiling friendly in the Camera

Validated Cycle Model

Our validated cycle model ensures efficiency and reliability in geothermal energy production.

Best in Class Design

Our IP-protected cycle design enables us to access more geothermal sites.

Transforming passive CO2 deposits into sustainable energy ressources

Our geothermal technology transforms sites that either naturally contain CO2 or are designated for carbon capture and storage into active and sustainable energy sources.  

100%

Independent of energy imports

1st

Value stream for storing CO2 independent of governmental subsidies

Silhouette of industrial structure reflected in a glass sphere held against a sunset sky.
Long-exposure light trails over a rooftop with a wind turbine at dusk.

Transforming CO2 storage into Clean Energy Solutions

Our technology utilizies captured CO2 and converts it into renewable energy.

Close-up of a bumblebee collecting nectar from blooming lavender.

Promoting Biodiversity & Environmental Harmony

We prioritize nature conservation, ensuring our geothermal projects enhance local ecosystems.

Worker in protective gear operating a machine in a workshop.

Creating Jobs and Economic Opportunities

Our technology utilizes existing know how from conventional power generation and the O&G industry.

Our road to scalable, emission-free power

From research to real-world impact.

2021

TRL 3 achieved

Techno-economic modeling confirms the advantages of CO2-based geothermal power over conventional geothermal systems.

2022

TRL 5 achieved

Successful field test demonstrates strong thermosiphon effect and validates CO2 circulation in real-field conditions.

2023

Proof of concept validated

Second test run confirms previous results and strengthens confidence in system performance.

2025

Company spin-out & 
FOAK project launch

Factor2 Energy spins out of Siemens Energy and starts development of first CO2-based geothermal power plant.

Future

Developing and operating CO2-based geothermal plants to deliver emission-free, 24/7 power worldwide.

FAQs

Discover answers to your questions about geothermal energy and its community and environmental impact.

What does “Factor2” actually stand for?

Because CO₂ boosts heat extraction by a factor of 2. By using CO2 instead of water, we can double the amount of extractable heat. 
A fourfold increase in mass flow – despite a lower heat capacity – results in twice the energy output. That’s the Factor 2. And that’s why we’re called Factor2 Energy.

A mathematical calculation explains the origins of the name Factor2.
Are there any CO2 emissions?

No. Our system is designed to have zero CO2 leakages to the atmosphere.

Is there any need for fracking?

No. The technology utilizes geological formations that are naturally permeable. That means the rock structure consists of rocks with small pores which are interconnected, similar to a sponge made out of rocks.

Is CO2 storage safe?

Storing CO2 deep underground is widely regarded as a safe and reliable solution when done correctly. To store CO2 safely underground, the right kind of rocks are needed. The best storage rocks are like sponges: they have tiny holes that let the CO2 in and hold it. Above them, there must be solid, tight rocks that stop the CO2 from escaping.

see also:
IPCC. (2005). Special Report on Carbon Dioxide Capture and Storage
(Chapter 2: Storage in geological formations). Cambridge University Press.

What happens if CO2 does escape the storage site?

Should CO2 gas escape the storage site or the plant despite all safety measures, it is relatively harmless compared to gases like methane. It is neither flammable nor toxic and typically disperses quickly in open air.

However, as a climate-relevant greenhouse gas that can affect health in high concentrations, even small leaks must be taken seriously. In such a case, operators would immediately activate emergency protocols: Injection would be stopped, the system depressurized if needed, and the leak sealed off. The site would be monitored using mobile sensors and drones to locate and measure the leak.

Can a CO2 storage site explode or catch fire?

No, a CO2 storage site can not explode or catch fire. Carbon dioxide (CO2) is a non-flammable, inert gas that does not support combustion.

How deep do you need to drill?

The drilling depth depends on the depth of the target reservoir. Normal ranges of drilling depth are between 1.5 to 5 km, which corresponds to the state-of-the-art drilling technologies.