Fervo Energy is trading up 4.59% at $17.10 after securing approximately $20 million in U.S. Department of Energy awards for Enhanced Geothermal Systems projects in Idaho and Nevada. - The funding supports drilling, high-temperature technology testing, and site appraisal, strengthening the company’s development pipeline. - Broader U.S. equity futures are lower, suggesting company-specific optimism rather than market-wide momentum.