Estimated to have a carbon footprint of 15% of the world's total, buildings are some of the hardest to decarbonize, but also to replace, energy consumers worldwide, as per ESG Today.

2022-founded Bedrock Energy designs and develops drilling technologies to access geothermal power for heating and cooling buildings. Combining advanced modelling solutions with autonomous drilling, the team is able to work faster and more efficient, especially in dense urban locations.

Joselyn Lai, co-founder and CEO of Bedrock Energy, said that "for decades, geothermal heat pumps have been the most energy-efficient form of HVAC, but adoption has historically been slow due to the upfront cost, time, and space required to construct the borefields that provide such stellar thermal efficiency. We believe our technologies fundamentally change the equation."

Heat pumps are some of the most energy-efficient when it comes to maintaining an optimal temperature comfort in our homes, office and industrial buildings, being up to five times more energy efficient compared to central heating.

Although they have a higher upfront cost, their investment can be worthwhile in the long run, due to the efficiency, but also the fact that they can both heat and cool a building, eliminating the requirement for multiple appliances.